{"id":96217,"date":"2022-02-08T12:01:57","date_gmt":"2022-02-08T12:01:57","guid":{"rendered":"https:\/\/www.kawalees.net\/?p=96217"},"modified":"2022-02-14T11:50:31","modified_gmt":"2022-02-14T11:50:31","slug":"exclusive-media-interview-of-mr-shahzad-saxena-ceo-safe-developers","status":"publish","type":"post","link":"https:\/\/www.kawalees.net\/?p=96217","title":{"rendered":"Exclusive Media Interview of Mr. Shahzad Saxena, CEO, Safe Developers."},"content":{"rendered":"

Dubai: ali dawly<\/b><\/p>\n

 <\/p>\n

\"\"<\/p>\n

<\/div>\n
<\/div>\n
1- <\/span>In your <\/span><\/span>o<\/span><\/span>pinion what is the added value of<\/span><\/span><\/div>\n
Garde<\/span><\/span>nia <\/span><\/span>Livings<\/span><\/span> project<\/span><\/span> towards the <\/span><\/span>iconic<\/span><\/span>Dubai?<\/span><\/span><\/div>\n

It is a simple<\/span><\/span> but at<\/span><\/span> the same time diff<\/span><\/span>icult <\/span><\/span>qu<\/span><\/span>estion<\/span><\/span>.<\/span><\/span><\/p>\n

Well, <\/span><\/span>s<\/span><\/span>tudio apartment<\/span><\/span> segment<\/span><\/span> has been <\/span><\/span>so common in the real estate industry.<\/span><\/span> But d<\/span><\/span>ue<\/span><\/span><\/p>\n

\n

to the<\/span><\/span> adverse e<\/span><\/span>ffect<\/span><\/span>s<\/span><\/span> of Covid-19<\/span><\/span> on <\/span><\/span>health<\/span><\/span> and <\/span><\/span>community, families do prefer simple<\/span><\/span>, spacious<\/span><\/span> and less<\/span><\/span> populated<\/span><\/span> communities <\/span><\/span>all around. We <\/span><\/span>in fact have <\/span><\/span>impl<\/span><\/span>emented th<\/span><\/span>is<\/span><\/span> dem<\/span><\/span>and <\/span><\/span>in<\/span><\/span> our Gardenia<\/span><\/span> Livings<\/span><\/span> p<\/span><\/span>roject <\/span><\/span>by <\/span><\/span>building<\/span><\/span> one-b<\/span><\/span>edroom and two-<\/span><\/span>bedroom<\/span><\/span> apartments<\/span><\/span>. Studi<\/span><\/span>os a<\/span><\/span>re in-<\/span><\/span>demand <\/span><\/span>at l<\/span><\/span>east at this<\/span><\/span> p<\/span><\/span>eriod<\/span><\/span> of time.<\/span><\/span> So, <\/span><\/span>e<\/span><\/span>nv<\/span><\/span>ironment<\/span><\/span>-friendly and sustain<\/span><\/span>able projects<\/span><\/span> are on higher demand<\/span><\/span>. <\/span><\/span><\/p>\n

\"\"<\/p>\n

2- <\/span>How you evaluate real e<\/span><\/span>state business i<\/span><\/span>n the coming Five ( 5 ) Years <\/span><\/span><\/div>\n

Real estate business is <\/span><\/span>one of <\/span><\/span>the core <\/span><\/span>b<\/span><\/span>usiness<\/span><\/span>es<\/span><\/span> in <\/span><\/span>Dubai<\/span><\/span>\u2019<\/span><\/span>s ec<\/span><\/span>on<\/span><\/span>omy<\/span><\/span>. <\/span><\/span>During <\/span><\/span>2008 <\/span><\/span>recession <\/span><\/span>there was less demand<\/span><\/span> as it was all over the world<\/span><\/span> during<\/span><\/span> that <\/span><\/span>period. <\/span><\/span>Many <\/span><\/span>inve<\/span><\/span>stors <\/span><\/span>lost business<\/span><\/span>es<\/span><\/span> and<\/span><\/span> people <\/span><\/span>ha<\/span><\/span>d to sell their <\/span><\/span>properties in order to cover their expenses and life<\/span><\/span>style<\/span><\/span>.<\/span><\/span><\/p>\n

But today<\/span><\/span>, <\/span><\/span>the scenario is differen<\/span><\/span>t with the successful<\/span><\/span>recovery <\/span><\/span>fr<\/span><\/span>om <\/span><\/span>the pandemic<\/span><\/span>. <\/span><\/span>In contra<\/span><\/span>st<\/span><\/span>, there is more demand <\/span><\/span>than ever before<\/span><\/span> for Dubai real estate.<\/span><\/span><\/p>\n

T<\/span><\/span>h<\/span><\/span>ere <\/span><\/span>is <\/span><\/span>a <\/span><\/span>rational<\/span><\/span>e<\/span><\/span> for <\/span><\/span>this<\/span><\/span> deman<\/span><\/span>d<\/span><\/span>.<\/span><\/span> On<\/span><\/span>e<\/span><\/span>,<\/span><\/span> increasing pop<\/span><\/span>ula<\/span><\/span>tion <\/span><\/span>of <\/span><\/span>the UAE which <\/span><\/span>– c<\/span><\/span>urrently<\/span><\/span> close to <\/span><\/span>10 <\/span><\/span>million accor<\/span><\/span>ding to <\/span><\/span>the <\/span><\/span>offici<\/span><\/span>al <\/span><\/span>re<\/span><\/span>cords<\/span><\/span>. <\/span><\/span>It is <\/span><\/span>probably<\/span><\/span>more <\/span><\/span>if <\/span><\/span>we include the <\/span><\/span>unregistered<\/span><\/span> residents<\/span><\/span>. <\/span><\/span>The<\/span><\/span>refore<\/span><\/span>, 10 million<\/span><\/span> plus<\/span><\/span> need ho<\/span><\/span>using<\/span><\/span>.<\/span><\/span><\/p>\n

Dubai along has its ow<\/span><\/span>n demand<\/span><\/span>. <\/span><\/span>Accord<\/span><\/span>ing to the Dubai Statistics Centre<\/span><\/span> records <\/span><\/span>till <\/span><\/span>March 20<\/span><\/span>21<\/span><\/span>, the supply of apartments and villas <\/span><\/span>in Dubai is over 690,498 units as of 2020, catering to the city\u2019s 3.4 million<\/span><\/span> population.<\/span><\/span><\/p>\n

Analysts estimate that Dubai will require between 483<\/span><\/span>,000 and 550,000<\/span><\/span> additional res<\/span><\/span>idential units over the next two decades to accommodate its estimated 5.4<\/span><\/span>million<\/span><\/span> population by 2040.<\/span><\/span><\/p>\n

For me, Mr. Saxena <\/span><\/span>explained<\/span><\/span>,<\/span><\/span> \u201c<\/span><\/span>m<\/span><\/span>ore <\/span><\/span>majority<\/span><\/span> of U<\/span><\/span>AE residents and <\/span><\/span>families <\/span><\/span>prefer<\/span><\/span> to live<\/span><\/span> in Dubai <\/span><\/span>due to city<\/span><\/span>\u2019<\/span><\/span>s lifestyle<\/span><\/span>, <\/span><\/span>safety, hygien<\/span><\/span>e<\/span><\/span>, <\/span><\/span>better medical <\/span><\/span>facilities<\/span><\/span>, schooling<\/span><\/span> and <\/span><\/span>business environment <\/span><\/span>among other fact<\/span><\/span>ors<\/span><\/span>.<\/span><\/span><\/p>\n

3- <\/span>What is y<\/span><\/span>our <\/span><\/span>turn<\/span><\/span>over <\/span><\/span>budget per annum i<\/span><\/span>n <\/span><\/span>Silgo<\/span><\/span>\u2019<\/span><\/span>s<\/span><\/span>construction<\/span><\/span> business<\/span><\/span>?<\/span><\/span><\/div>\n

Our <\/span><\/span>c<\/span><\/span>onstruction <\/span><\/span>f<\/span><\/span>irms<\/span><\/span> are coming over <\/span><\/span>AED<\/span><\/span>100 <\/span><\/span>m<\/span><\/span>illion <\/span><\/span>p<\/span><\/span>er annum<\/span><\/span>.<\/span><\/span> However,<\/span><\/span> with <\/span><\/span>our in-depth <\/span><\/span>exp<\/span><\/span>erience<\/span><\/span>spanning<\/span><\/span> over 40 years<\/span><\/span> which<\/span><\/span> we have in the <\/span><\/span>c<\/span><\/span>onstruction <\/span><\/span>and real es<\/span><\/span>tate fi<\/span><\/span>elds<\/span><\/span>,<\/span><\/span> we are <\/span><\/span>diversif<\/span><\/span>ying into <\/span><\/span>training and advising developers as well as inves<\/span><\/span>tors<\/span><\/span>about<\/span><\/span> how to run the safest and <\/span><\/span>the<\/span><\/span> most<\/span><\/span> secure<\/span><\/span>procedures<\/span><\/span>. We have the <\/span><\/span>relevant case s<\/span><\/span>t<\/span><\/span>udies and <\/span><\/span>demos<\/span><\/span>a<\/span><\/span>bout how<\/span><\/span> to <\/span><\/span>secure safe return<\/span><\/span> of <\/span><\/span>funds,<\/span><\/span> in line with market <\/span><\/span>criteria<\/span><\/span> and <\/span><\/span>locat<\/span><\/span>ion<\/span><\/span>.<\/span><\/span><\/p>\n

4- <\/span>How <\/span><\/span>do <\/span><\/span>you evaluate the growth of Dubai and UAE in general <\/span><\/span>–<\/span><\/span> regionally <\/span><\/span>and<\/span><\/span> g<\/span><\/span>loball<\/span><\/span>y<\/span><\/span>?<\/span><\/span><\/div>\n

It\u2019s<\/span><\/span> obvious <\/span><\/span>with the presence of <\/span><\/span>mega projects,<\/span><\/span> b<\/span><\/span>u<\/span><\/span>siness <\/span><\/span>activiti<\/span><\/span>es and <\/span><\/span>global <\/span><\/span>events <\/span><\/span>being <\/span><\/span>org<\/span><\/span>anised <\/span><\/span>in the <\/span><\/span>UAE<\/span><\/span>, for e<\/span><\/span>xample, <\/span><\/span>Expo <\/span><\/span>2020<\/span><\/span> Dubai<\/span><\/span>,<\/span><\/span> D<\/span><\/span>ubai <\/span><\/span>Air <\/span><\/span>show,<\/span><\/span> Boat <\/span><\/span>S<\/span><\/span>how<\/span><\/span> and<\/span><\/span> Gitex<\/span><\/span> among <\/span><\/span>many other <\/span><\/span>events <\/span><\/span>running<\/span><\/span>throu<\/span><\/span>ghout the<\/span><\/span> year <\/span><\/span>at <\/span><\/span>World Tra<\/span><\/span>e Cent<\/span><\/span>re.<\/span><\/span><\/p>\n

So<\/span><\/span>,<\/span><\/span> Dubai and UAE are on the right <\/span><\/span>track,<\/span><\/span> ranked<\/span><\/span> among <\/span><\/span>the<\/span><\/span> safe<\/span><\/span>st<\/span><\/span> countr<\/span><\/span>ies<\/span><\/span> in the <\/span><\/span>world.<\/span><\/span><\/p>\n

\"\"<\/p>\n

5- <\/span>In <\/span><\/span>l<\/span><\/span>ine with the <\/span><\/span>Safe Developers<\/span><\/span>\u2019<\/span><\/span> launch of <\/span><\/span>Gardenia <\/span><\/span>project,<\/span><\/span> are yo<\/span><\/span>u <\/span><\/span>pl<\/span><\/span>anning to lau<\/span><\/span>nch more <\/span><\/span>projects in <\/span><\/span>Dubai?<\/span><\/span><\/div>\n

Yes<\/span><\/span>. <\/span><\/span>B<\/span><\/span>ased <\/span><\/span>on our <\/span><\/span>Dubai real e<\/span><\/span>state market assessment<\/span><\/span>and <\/span><\/span>success<\/span><\/span> of our first <\/span><\/span>proje<\/span><\/span>ct <\/span><\/span>\u2013<\/span><\/span> Gardenia <\/span><\/span>Li<\/span><\/span>v<\/span><\/span>ings – o<\/span><\/span>ur <\/span><\/span>new <\/span><\/span>project<\/span><\/span> in Jumeirah Village Circle (J<\/span><\/span>VC)<\/span><\/span> will be announced soon<\/span><\/span>. <\/span><\/span>Ju<\/span><\/span>st to touch ba<\/span><\/span>se<\/span><\/span>,<\/span><\/span> our next <\/span><\/span>projec<\/span><\/span>t<\/span><\/span> will be comprised <\/span><\/span>of villas and <\/span><\/span>townhouses<\/span><\/span>.<\/span><\/span> W<\/span><\/span>e are<\/span><\/span> meeting with global<\/span><\/span> i<\/span><\/span>c<\/span><\/span>onic<\/span><\/span> brands for our upcoming <\/span><\/span>project<\/span><\/span>.<\/span><\/span><\/p>\n

6- <\/span>How <\/span><\/span>Dubai Land <\/span><\/span>Depart<\/span><\/span>me<\/span><\/span>nt <\/span><\/span>has <\/span><\/span>been <\/span><\/span>helpful<\/span><\/span> for Safe Developers<\/span><\/span> in setting up a real estate business in <\/span><\/span>Dubai?<\/span><\/span><\/div>\n

Dubai <\/span><\/span>L<\/span><\/span>and <\/span><\/span>Depart<\/span><\/span>ment has<\/span><\/span> well defi<\/span><\/span>ned regulations <\/span><\/span>which are flexible <\/span><\/span>and<\/span><\/span> secure<\/span><\/span> all parties<\/span><\/span> in the<\/span><\/span> real estate development<\/span><\/span>.<\/span><\/span><\/p>\n

\"\"<\/p>\n

F<\/span><\/span>urther <\/span><\/span>information<\/span><\/span> re<\/span><\/span>quired<\/span><\/span><\/p>\n

\u2022 <\/span>Mr. Saxena<\/span><\/span>\u2019<\/span><\/span>s <\/span><\/span>200<\/span><\/span>-word b<\/span><\/span>io<\/span><\/span><\/div>\n

Bio<\/span><\/span> of Mr <\/span><\/span>Shahzad Saxena<\/span><\/span><\/p>\n

A highly experienced entrepreneur who laid the foundation for the successful Silgo Group today\u00a0in 1984. After its inception Mr Saxena lead the organisation to success in the field of construction, construction management, and value engineering providing en<\/span><\/span>d to end solutions to construction sector. A successful career as architect and building contractor in Dubai, Mr Saxena continuously reinvented the business\u00a0from a small maintenance firm in 1984 to the diversified leader serving sectors like contracting an<\/span><\/span>d engineering, trading, event management, real estate brokerage and development. Under MR Saxena’s leadership the group delivers value at every stage of business evolution for industry partners and customers<\/span><\/span>.<\/span><\/span><\/p>\n

E<\/span><\/span>nd<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai: ali dawly   1- In your opinion what is the added value of Gardenia Livings project towards the iconicDubai? It is a simple but at the same time difficult question. Well, studio apartment segment has been so common in the real estate industry. But due to the adverse effects of Covid-19 on health and …<\/p>\n","protected":false},"author":11,"featured_media":96222,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1760],"tags":[],"class_list":["post-96217","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-1760"],"_links":{"self":[{"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/posts\/96217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96217"}],"version-history":[{"count":0,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/posts\/96217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=\/wp\/v2\/media\/96222"}],"wp:attachment":[{"href":"https:\/\/www.kawalees.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kawalees.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}