Vivek Mohanani, MD & CEO, EKTA World shares insights about transforming global lifestyles in Construction and Architecture Magazine
Q) Share with us your views on the roadmap or the outline, which followed in the recent year of 2018-2019 period, for the infrastructure and construction sector?
A) In 2018. India ranked 44th out of 167 countries in World Bank's Logistics Performance index (LPI) 2018. Infrastructure is a key to drive the economy and India as a developing country has been propelling highly in construction and infrastructure sector. India's national highway network is expected to cover 50,000 kilometers by 2019. National highway construction in India has increased by 20 per cent year-on-year in 2017-18.
Q) Tell us about your recent recognized projects (e.g your core execution strength and expertise in providing best solutions) / views on the current promising trends of the Industry?
A) We are currently working on various projects in Mumbai, Nashik and Pune. Right from affordable homes to luxury projects namely EKTA Parksville, EKTA Tripolis, EKTA Invictus, and Lake Rivera. etc. As a brand, EKTA World has taken a lead and progressed towards the growing trend of green buildings. In a day and age, where we all strive to preserve for generation next, EKTA Tripolis is designed and executed to be a Green building. We make sure that our construction is pro-environment and the lifestyle is blessed with natural surroundings such as maze garden, meditation & yoga area, garden walkway and more.
Q) Share with us your promising management ideas and driving strategies which you are using in your projects?
A) We are devoted to transforming local landscapes with global lifestyles, making living experiences refreshing and authentic while creating a positive impact on the society we live in. EKTA World, one of the premier real estate companies in Mumbai, balancing simplicity and opulence across all its spaces by creating an environment that appeals to the senses, imagination and lifestyle of our customers across diverse segments.
Q) How would you predict the year 2019, along with sharing your business plans for the next 5 years, as the new government is just going to be elected, in order to adapt to -the latest policies and norms and remaining competitive in the industry?
A) In 2019, millennials will purchase more homes as they are well focused and have plans like their parents. Accordingly, banks started lending to the real sector more aggressively. With better policies like reduction in GST, budget influence and repo rates, sales will increase more as we are witnessing increment in the demand. When compared to 2017, unit completion rate increased 55 per cent in 2018, and it would now take a probable 29 months to sell the accessible inventory stock lying with real estate developers in nine key markets.
Q) Is there is something you would like to share with your audience at large, as in discussing your trade principals and economic ambitions for the near future?
A) As a premier realty company, we have chosen to focus on residential developments in MMR across genres i.e. affordable, premium category, luxury and uber luxury homes. In the last few years we have successfully done over 1 MN Sq. ft. on an annual basis and in the coming years we want to double this figure. We are actively pursuing acquisitions in the most sought-after locations in Mumbai like Mahim, Bandra, Khar, Chembur, Oshiwara and Virar etc. All these upcoming projects will pan across genres of residential developments that will fuel accelerated growth. And on the personal front, health has been on the top of my agenda, I want to devote some of my time for spiritual and physical healing.
Q) Comment on your 'Basic profile'.
A) Vivek Mohanani, after pursuing his education, furthered his father’s ambition in 2001 with EKTA housing Pvt. Ltd and is currently the Managing Director & CEO. From a humble beginning with a task force project in Kandivali, Vivek has gone on to venture in unchartered territories Like Pune and Nashik within half a decade of joining the business.
He articulates "l want to give the best experience possible." And he has been instrumental in the growth of the organization. Vivek has been the driving force behind the metamorphosis of the organization. Now christened, EKTA world, the endeavor continues to build projects that are landmarks in their own right and are a memorable part of the city skyline. The group has not just built remarkable structures but has also built a reputation that is rock solid.
Charismatic real estate stalwart Vivek Mohanani featured in GQ Magazine
Successful and Stylish are two adjectives that best describe ,Vivek Mohanani, MD and CEO of Ekta World. The man is unstoppable when it comes to achievements. Innovation and luxury are two treasure that Vivek Mohanani has been able to woo homebuyers. He recently got featured in the boisterous GQ Magazine as one man, who took the real estate sector by storm with his marvellous real estate development – Ekta Invictus. This magnificent development is best defined as home to luxury and style. This towering beauty showcases luxurious apartments that are humungous in all aspects. The spacious four bedroom apartments are class apart. Along with beautiful residences, Ekta Invictus also brings an array of amenities that pamper you till eternity.
Ekta Invictus is one of Vivek Mohanani’s most ambitious projects that has ‘benefits for homebuyers’ written all over it. Vivek Mohanani has always been clear about his real estate developments,and the homes they want to build. With a dynamic personality like his, achievements too are mammoth in size. And therefore, the flamboyant GQ Magazine couldn’t resist themselves from featuring a captivating figure like Vivek Mohanani.
Ekta World is renowned real estate company,that develops projects and are driven by luxury and innovation. The real estate company has understood the needs of homebuyers and have mastered the art of persuading homebuyers with aspirational properties. Vivek Mohanani has played a key role in developing a stream of properties that are luxurious and built to perfection. Walking in his father’s footsteps, Vivek is influenced by his father, who is a figure reckon with in real estate segment. Vivek also enjoys playing numerous sports and travel.
Vivek Mohanani roars with success, honoured with the title of ‘Young Achiever’
For some men, every day is a new celebration and another road to tread, where they spell victory. Life nurtures them with grace, but that alone doesn’t work, hard work, persistence and effort are required from men, who know how to tap on to their power. One such man is Ekta World’s CEO and MD, Mr. Vivek Mohanani, whose life has been an inspiring one. At the Times Realty Icons 2018, he was honoured with the award of ‘Young Achiever’ in the Iconic Young Achiever category. It was certainly a proud moment for him as he acknowledged the award and displayed humility while receiving it.
Over the years, Vivek Mohanani has strived really hard to bring state-of-the-art homes to buyers. With innovation and luxury at the heart of it, Vivek has been able to understand the needs of property buyers and the real estate sector. He has been instrumental in creating new waves of glory with his unique and brilliant concepts. Following his father’s footsteps, Mr. Vivek Mohanani has risen to significant heights. He follows one policy and that is – to give peace of mind to all our stake holders . It is purely because of this sole reason that Vivek has progressed so far in life.
Vivek has deeply understood the essence of the real estate sector because he is in touch with his roots and understands that homes are not only built with bricks and mortar , it is constructed with dreams, hopes, aspirations and ambition. With such clear intentions, Vivek has pierced the hearts of homebuyers. Ekta World as a real estate developer has always mastered the art of selling properties that appeal to home buyers. With a brilliant mind and creatively intuitive, Vivek Mohanani has created a top-notch position for himself and his brand Ekta World.