Gera News

Gera Developments
Construction World - June, 2006

“I want everyone to dream of owing a Gera product!” Kumar Gera, told us recently. It’s not such a tall order. His company, established in 1970, is one of the leading real-estate developers of western India with a specific focus in Pune and is known for its premium commercial and residential projects under the brand name ‘Shakti’.

Most important, it is a pioneer with many firsts to its credit, like a five-year warranty on real estate (consisting of repairs and preventive maintenance); India ’s first child-centric project; insurance of buildings for three years (prepaid); Pune’s first intelligent building, Gera Legend; and the first shopping mall in Pune at Gera Plaza. Here’s another laurel: in March 2006, Gera Developments launched Goa’s first state-of-the-art intelligent building, Gera ’s Imperium, a 75,000 sq ft commercial project in Panjim, to be completed over the next 15 months. The building will be Goa ’s first ‘Intelliplex’, combining futuristic building technology with intelligent features.

Gera Developments believes in ‘building with iQ, which is ‘Innovation Quotient’, introducing new ideas and improved features and amenities to enhance the overall customer experience, hence raising the bar in the real-estate industry in India. Today, it has a string of future projects lined up in various segments – commercial, retail, residential and township development – with a project completion timeline of six to 24 moths. Its ultimate vision: to be India ’s leading real-estate company in terms of turnover, brand consciousness and reputation