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Home / India News / 2007 / March / March 26, 2007
Sankalpan Group Unveils National Expansion Plans

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Sankalpan Group Unveils National Expansion Plans

Mumbai, Maharashtra, India

Driven by positive growth in the economy, real estate in India is booming. Along with the real estate market, the ancillary industries like the architectural and interior design consulting, infrastructure development and facility management are witnessing a great demand from corporate, retail and hospitality sectors.

Mumbai-based Sankalpan Group, India's foremost and fastest growing integrated realty and premium infrastructure services provider having interests in architectural design consultancy, turnkey fit-outs, infrastructure projects and commercial real estate development, has today unveiled its business expansion plan across the country.

Detailing on Sankalpan's current projects, Mr. Atin Kulkarni, Vice-Chairman said, "Having already executed more than 600 projects across India, Sankalpan is ready for more and set to unveil innovations. We have recently bagged a $ 2 million interior fit-out turnkey project for a leading NASDAQ listed IT major. We will be designing 700 seats facility at one of the SEZ in Chennai that will have the latest imported furniture, fittings and finish, not to forget an interior design that matches the international standards with Sankalpan's touch all across."

Announcing his company's plans Mr. Ninad Randive, Chairman, Sankalpan Group said," There is great potential in India wherein the IT Parks and Retail infrastructure requirements are fast escalating. In near future, single point sourcing for all construction activities will be the rule of the game. Anticipating this trend much in advance, we are already providing integrated services to our clients easing their complex tasks. Sankalpan is currently looking for potential partners who would bring in financial strength while we contribute our expertise in project management.

As of now, we have our presence felt in all the major metros and several strategic cities across India. Now we intend to explore business opportunities in potential tier -2 cities viz. Nagpur, Nasik, Pune, Chandigarh, Noida, Coimbatore, Kochi, Trivandrum, Hyderabad, etc., to name a few."

He further added that Sankalpan will soon be launching its facility management services as a new business venture and is looking for potential partners. With globalization, there is tremendous pressure to match international workplace standards. This is where a huge need for trained facility managers is being felt across the country and Sankalpan would like to bridge this gap. Sankalpan has a fully operational office in Dubai and plans to expand their operations in US, UK and European markets in the near future.

Sankalpan is targeting $35 million for this coming year from across the country.

About Sankalpan:

Sankalpan is one of India's foremost and fastest growing integrated, commercial realty and infrastructure services provider having interests in architectural design consultancy, infrastructure turnkey fit-outs and real estate development. Headquartered in Mumbai, India, Sankalpan Group and its operating subsidiaries currently employ more than 200 staff across offices in Mumbai, Chennai, Bangalore, New Delhi, Pune and overseas offices in Dubai and Singapore.

Sankalpan group has executed over 600 projects worth US $ 200 million over the past 10 years and developed over 6 million square feet of premium commercial real estate. For more details please visit www.sankalpan.com

Ismail Sheriff, Blue Lotus Communications, +91 (022) 66522828 ismail@bluelotuspr.com

Prajitha Kurup, Blue Lotus Communications, +91 (022) 66522826 prajitha@bluelotuspr.com

Source: Sankalpan Group (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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