MASTER STROKES!
Construction Week|May 2024
Dhaval Ajmera, director, Ajmera Realty, has built strong foundations that has catapulted the company to new heights
Jayashree Kini Mendes
MASTER STROKES!

If there is one thing Dhaval Ajmera, Director, Ajmera Realty knows, it is making a winner of any venture he takes on. Whether it is his recent pet project, Ajmera Manhattan, or his past ventures, he has many accomplishments to boast of, at a very young age. While the residential segment is what makes him tick, he is equally confident in his commercial moves, with landmark developments springing up across Mumbai, Pune, Ahmedabad and Bangalore. The hugely successful marathon runner is running a well-thought-out race in the real estate game.

At the outset, Dhaval knew that real estate was where he would land. The family-owned business, now a listed company, has been around for 55 years having started out as a steel company. Over the years, with an acute sense of discernment, the Group has grown to launch and complete several residential and commercial developments for various strata of people. Says Dhaval, “We have developed projects from premium affordable to luxury to uber-luxury. The ticket size of the project would then depend on the location. A strong demand forecasting aids us in designing the project accordingly. Inventory is not something that anyone wants to be laden with. Unless we see demand, it’s pointless to move ahead.”

A unique aspect of the company is its ability to create landmark properties thus carving pin codes for the area. Meticulously, it has chosen land that would offer future residents advantages of moving around in the city. Immaterial of the kind of development, the developer has chosen to please its buyers with ideal location strategies. Word of mouth has embellished its fame.

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