An interview with Dr. Sachin Chopda, Managing Director of Pushpam Group
In an ever-evolving real estate landscape, second homes are gaining prominence as desirable investments. Dr. Sachin Chopda, Managing Director of Pushpam Group, shares his insights on the growing appeal of second homes, highlighting trends, opportunities, and the importance of quality and community.
Can you share your journey in the real estate sector and what led you to establish Pushpam Group?
Dr. Sachin Chopda: “Pushpam Group, under the leadership of Mr. Shreekant Chopda and Dr. Sachin Chopda, has a legacy spanning over 35 years. Although we officially entered the real estate sector about 8-9 years ago, the journey began with family land that inspired us to explore new avenues.
Our first project, Pushpam Sanskruti in Karjat, was developed on a 22-acre plot. We introduced the concept of a second home that not only offered a space for leisure but also provided an opportunity for income.
This idea, which we coined as ‘Kamanewala Ghar’ or ‘Invest, Enjoy, Earn,’ laid the foundation for our real estate journey.”
How does Pushpam Group differentiate itself in the competitive real estate market?
Dr. Sachin Chopda: What truly distinguishes Pushpam Group in the competitive real estate market is our long-term commitment to our customers. While many developers focus on building, selling, and moving on, we remain involved even after the sale.
Our resort homes are not just properties; they are investments that continue to yield returns.
With our in-house hospitality services, these homes generate consistent rental income, transforming them into assets rather than liabilities. This dedication to creating enduring value for our customers is our key differentiator.
What trends do you see currently influencing the real estate market, particularly in the second home segment?
One of the most prominent trends in the real estate market, particularly in the second home segment, is the shift away from owning properties that remain vacant for most of the year.
Buyers now seek second homes that not only serve as personal getaways but also generate income.
This is driving the popularity of resort homes, where people can enjoy the property while also benefiting from its investment potential. The concept of owning a second home purely for status is becoming outdated.
Can you share some highlights of recent projects that exemplify Pushpam Infra’s commitment to quality and innovation?
Dr. Sachin Chopda: Pushpam Infra has been actively developing projects in prime weekend destinations such as Karjat and Alibaug, both just a short drive from Mumbai.
With upcoming infrastructure developments like the Ro-Ro ferry and the Revas-Karanja bridge (post-Atal Setu), these areas are attracting significant interest.
Our homes come fully furnished and are move-in ready, allowing residents to settle in immediately. Additionally, we offer property management services to ensure a high standard of living and strong rental returns for our buyers.
What role do you think real estate developers should play in community building and environmental stewardship?
Dr. Sachin Chopda: Community building and environmental responsibility have never been more critical. At Pushpam, we prioritize fostering a sense of community by bringing together like-minded individuals in our projects.
We are equally committed to environmental stewardship, taking initiatives like reducing plastic usage and cultivating organic vegetables at our resorts.
These are fundamental actions that all developers should be embracing, particularly in light of the environmental challenges we face today.
What advice would you give to potential investors looking to enter the real estate market, especially in the second home segment?
Dr. Sachin Chopda: My advice is straightforward: after securing your primary residence in the city, consider investing in a resort home at a popular tourist destination.
These properties provide the dual benefit of generating rental income while appreciating in value, all while offering you a personal retreat.
Unlike city homes, they require zero maintenance, and you can enjoy them at your leisure. It’s a smart strategy to diversify your real estate portfolio.
What message would you like to convey to potential buyers considering investing in a second home or premium retreat?
Dr. Sachin Chopda: Post-pandemic, people have come to appreciate the value of escaping the city and enjoying quality time with family and friends in a serene environment.
A resort home in locations like Alibaug or Karjat offers exactly that. Our homes come fully furnished, complete with private pools and all the amenities like Spa, Indoor/Outdoor Games, Party Lawn etc. needed for a luxurious lifestyle. It’s not just about owning a home—it’s about elevating your overall quality of life
How much are you planning to invest in your upcoming projects?
Dr. Sachin Chopda: We have several exciting projects coming up in Alibaug, Dapoli, and Karjat, featuring villas priced between under a crore to around ten crores.
Our focus is on delivering luxurious homes, complete with private pools and all the amenities you’d expect. We’re committed to expanding in these prime locations, and there’s much more to come from us soon.
As Dr. Chopda emphasizes, investing in second homes not only offers financial benefits but also enhances lifestyle choices. His vision for sustainable, community-focused developments sets a promising trajectory for future buyers and investors alike.
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