Sanjay Jain, Group Managing Director, Siddha Group: Envisioning Best in Class Homes

Siddha Group

The Indian Economy has long shifted from being totally dependent on agriculture to other industries. India is now a buzzing center for varied industries like IT, textile, tourism, medical tourism, spiritual hub and has brought about a drastic shift in lifestyle too. India is no more confined to villages and in the last few decades has witnessed a massive flow of population come in from smaller cities to the urban areas. This changing lifestyle has proved to be a boon for the Real Estate Industry.
Breaking New Grounds
Siddha Group has been a major real estate player overseeing this transition since 1986. A success story spanning over three decades has seen the group conceive, design and build residential & commercial units at prime locations across India. Being a credible real estate developer and marketer, the group have been crafting full-fledged residences in Kolkata, Jaipur, Mumbai, and Bengaluru.

The journey started with Mr Chandra Prakash Jain, Group Chairman venturing into other avenues of the business and built the Siddha House in Jaipur. Inspired by him, Mr Sanjay Jain, Group Managing Director forayed into the real estate business with his first project ‘Aashray’, which was the first duplex apartment building in Kolkata. The group has now grown exponentially and executed several residential and commercial projects in Kolkata and Jaipur.
Mr Sanjay Jain, an accomplished and empowering leader, and a world traveller, has more than two and a half decades of industry experience and has led the group to be one of the most trusted and renowned real estate developers in India. He oversees the entire functioning of the group’s real estate development and ensures smooth-sailing of all the residential and commercial projects. He is currently focusing on the expansion plans of the group, and new project launches.
Customer as a Priority
Siddha Group endeavors to provide best in class homes with world-class comfort and quality, within the committed timeframes to the buyers. This is achieved through an in-depth research on prevailing market trends and demand drivers. Customer satisfaction is of paramount importance and the group constantly innovates to provide a unique living experience for all their customers.
Mr. Sanjay Jain believes in making the group a customer-oriented and a progressive organization. Achieving sustainability, ranks high for the group and to serve the purpose, it has inculcated the use of eco-friendly products such as PPC (Portland Pozzolana Cement), PSC (Portland Slag Cement), AAC block, Fly ash bricks and aluminum shuttering instead of wooden shuttering in its projects. Most of its projects are certified by the IGBC’s ‘Silver Rating System’.
Awards and Accolades
Siddha Group has completed thirty-five projects, and handed-over more than five thousand apartments and office spaces. Over the years it has achieved several credible awards such as Realty Plus Conclave & Excellence Awards 2018, CNBC AWAAZ Real Estate Awards 2018, 10th Annual Real Estate Awards 2017, CREDAI Bengal Realty Awards – 2017, Realty Plus Conclave and Awards 2017. The group has been credited for ideating and offering unique Rooftop Skywalks in their projects, the first for an Indian real estate company.
Assessing Indian Market  
Mr Sanjay Jain has seen the Indian Real Estate Market transform and evolve. With the introduction of new trends and policies, developers are striving to offer the best-in-class amenities and designs. The demands have been fueled by the growing economy, higher purchasing power, and positive steps from the Government and RBI policy reforms which have effectively organized the sector. Developers are making efforts to deliver projects that are encompassed with quality amenities at attractive prices such as Rooftop Skywalks, Rooftop gardens, premium residential clubhouses, swimming pool, and gymnasium amongst others that are being offered as a lifestyle service rather than just a home. To attract buyers, developers offer beneficial schemes and deals such as customized payment plans, cashback offers and much more.
Guiding the Young
The Real estate sector has witnessed positive regulatory developments and initiatives that are paving the way for strong sector growth in the future. This has also inspired young entrepreneurs to look at this sector with a renewed interest. Mr Sanjay Jain advises the young entrepreneurs to know the industry at the back of their hands and understand their strengths. Seek help from peers and industry experts and be true to their values and goals. He says, “They should understand the market dynamics, study their competition, create proper plans with timelines and be realistic with their goals.”
Planning the Future
Going ahead, Siddha Group has twelve ongoing projects and six upcoming projects that are spread across Kolkata, Jaipur, Mumbai, and Bengaluru. It has introduced the concept of Rooftop skywalks and Siddha Galaxia is the world’s longest rooftop Skywalk. Soon they will be launching this concept in their upcoming residential project in Mumbai too.
Mr Sanjay Jain recognizes the current real estate industry as a more mature market that has been catalyzed by the various policy interventions and development. Progressive reforms have started showing results with increased transparency and accountability. The industry is now more organized and the enhanced market sentiment has fueled demand in the residential sector across affordable and premium segments and NRIs too are viewing India as an attractive investment destination.
Source :-The 10 Most Admired Real Estate Tycoons

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