Rohit Gera: Partnering with someone who knows the land certainly helps
Real Estate

Rohit Gera: Partnering with someone who knows the land certainly helps

Amid the economic disruption of the pandemic, followed by the geopolitical tensions of current times and the increasing crisis of the price surge, businesses have been driven to consolidate or downsize to cut their losses or slow down operations until the heat passes.Despite all this, Gera Developments forayed into the American property market with projects in San Francisco, making it one of the first Indian companies to venture into the US market. SHRIYAL SETHUMADHAVAN virtually connects with Rohit Gera, Managing Director, Gera Developments, to capture his experience of executing projects out of the country and learn about the impact of the current scenario on his business.

Tell us about your four premium residential and mixed-use projects in the US.
We recently completed two projects in San Francisco and have started the sales process. Our US subsidiary arm, Outdo Inc, and our US-based local partner, March Capital, have equally provided funds and managed the development together.The first project comprises 23 studio apartments and a commercial space at the ground level. The second is a larger residential project with 130 1/2/3 BHK apartments along...

To read more, CLICK HERE

Amid the economic disruption of the pandemic, followed by the geopolitical tensions of current times and the increasing crisis of the price surge, businesses have been driven to consolidate or downsize to cut their losses or slow down operations until the heat passes.Despite all this, Gera Developments forayed into the American property market with projects in San Francisco, making it one of the first Indian companies to venture into the US market. SHRIYAL SETHUMADHAVAN virtually connects with Rohit Gera, Managing Director, Gera Developments, to capture his experience of executing projects out of the country and learn about the impact of the current scenario on his business. Tell us about your four premium residential and mixed-use projects in the US. We recently completed two projects in San Francisco and have started the sales process. Our US subsidiary arm, Outdo Inc, and our US-based local partner, March Capital, have equally provided funds and managed the development together.The first project comprises 23 studio apartments and a commercial space at the ground level. The second is a larger residential project with 130 1/2/3 BHK apartments along...To read more, CLICK HERE

Next Story
Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Next Story
Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Next Story
Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement