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Catalysts of Change: Assotech Group's Evolution and Vision with Chairman and Founder, Mr. Sanjeev Srivastva

Updated on: 27 March,2024 06:50 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

Assotech started as a modest construction house with a vision to create aspirational infrastructures that enhance lives and communities.

Catalysts of Change: Assotech Group's Evolution and Vision with Chairman and Founder, Mr. Sanjeev Srivastva

Mr. Sanjeev Srivastva, Chairman & Founder, Assotech Group

Mr. Srivastva, can you share with us the journey of Assotech Group from its inception to becoming a prominent real estate developer over the last 38 years?


Absolutely. The journey of Assotech Group has been a fascinating one, marked by resilience, innovation, and unwavering commitment to excellence. Founded over three decades ago, Assotech started as a modest construction house with a vision to create aspirational infrastructures that enhance lives and communities. Over the years, we've evolved into a distinguished real estate developer, shaping landscapes and setting new standards of excellence in the industry. Our journey has been characterized by strategic growth, expansion into new markets, and a relentless pursuit of innovation and customer satisfaction. Today, with a diverse portfolio of projects spanning residential, commercial, retail, and hospitality sectors, Assotech Group stands as a beacon of excellence in the real estate sector.


As the founding visionary, what inspired you to establish Assotech Group, and what values have guided its growth and development?

My inspiration behind establishing Assotech Group stemmed from a deep-seated passion for creating transformative spaces that enrich lives and communities. I envisioned Assotech not just as a real estate company but as a catalyst for positive change, driven by values of integrity, quality, and customer-centricity. These values have been the guiding principles that have shaped our growth and development over the years. We believe in delivering not just projects but experiences that exceed expectations, fostering long-term relationships with our customers and stakeholders. Our commitment to innovation, sustainability, and excellence remains unwavering as we continue to push boundaries and set new benchmarks in the industry.

Assotech Group is known for its commitment to excellence. Could you highlight some key achievements or milestones that reflect this commitment?

Certainly. Assotech Group's commitment to excellence is reflected in numerous key achievements and milestones that underscore our dedication to quality, innovation, and customer satisfaction. From launching landmark projects like Assotech Pride in Odisha, the state's first township, to achieving industry dominance in markets like Odisha and Jharkhand, each milestone showcases our relentless pursuit of excellence and our ability to deliver on our promises. Additionally, our focus on sustainability, design innovation, and customer-centricity has earned us accolades and recognition from industry peers and customers alike, further cementing our reputation as a trusted name in the real estate sector.

With a diverse portfolio spanning residential, office space, retail, and hospitality developments, how does Assotech Group maintain its focus on quality across different sectors?

Maintaining a focus on quality across diverse sectors is central to Assotech Group's ethos. Our rigorous quality assurance processes, coupled with a team of seasoned professionals, ensure that every development bearing the Assotech name is synonymous with uncompromising quality, craftsmanship, and attention to detail. Whether it's residential, commercial, retail, or hospitality, our commitment to excellence remains unwavering, reflecting our dedication to delivering superior value to our customers and stakeholders.

Assotech Pride in Odisha has achieved remarkable success in a short span. What do you attribute to this project's success, and how does it align with Assotech's broader vision?

The success of Assotech Pride in Odisha can be attributed to a combination of factors, including meticulous planning, innovative construction techniques, and a deep understanding of market dynamics. Our vision for Assotech Pride aligns seamlessly with our broader vision of creating sustainable, vibrant communities that enrich the lives of residents and contribute to the socio-economic fabric of the region. By delivering on our promises and exceeding customer expectations, Assotech Pride has become a testament to our commitment to excellence and our ability to create value for our customers and stakeholders.

Could you shed some light on Assotech Group's strategic initiatives, such as the introduction of MIVAN FORMWORK and the launch of premium projects like Assotech Luxury, Kronos, and Atlas?

At Assotech Group, our strategic initiatives are fueled by a steadfast commitment to innovation, sustainability, and exceeding customer expectations. The introduction of MIVAN FORMWORK stands out as a pivotal moment in our history, fundamentally transforming our approach to construction. This cutting-edge method has revolutionized our practices, offering a multitude of benefits that elevate efficiency, quality, and cost-effectiveness.

MIVAN FORMWORK, a contemporary construction technique utilizing aluminum formwork systems, deviates from traditional methods reliant on timber or steel. Its implementation drastically reduces construction time, ensuring timely project completion without compromising quality. Moreover, it enhances construction quality by maintaining precise alignment and consistency throughout the process, minimizing errors and ensuring structural integrity and durability. The seamless integration of MIVAN FORMWORK with modern construction techniques optimizes resource utilization and minimizes waste, furthering our commitment to sustainability. In essence, the introduction of MIVAN FORMWORK exemplifies our proactive embrace of innovative technologies driving positive change within the real estate industry. 

Complementing our focus on innovation, we've also launched premium projects like Assotech Luxury, Kronos, and Atlas. Together, these initiatives underscore our unwavering pursuit of excellence and our determination to establish new benchmarks for innovation, quality, and customer satisfaction in the real estate sector. We remain steadfast in our mission to create exceptional living and working spaces that enrich the lives of our customers and contribute to the communities we serve.

Looking ahead, what is Assotech Group's vision for the future of real estate in India, and how does the company intend to continue setting new standards for excellence in the industry?

As we look to the future, Assotech Group's vision for the real estate sector in India is one characterized by sustainability, innovation, and inclusivity. We envision a future where our developments serve as benchmarks for excellence, embodying the highest standards of quality, design, and sustainability. To achieve this vision, we remain committed to fostering innovation, nurturing talent, and embracing emerging technologies that enable us to continue setting new benchmarks for excellence in the industry.

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