Rustomjee Group's Dr. Rakesh Setia on the Future-Ready Real Estate in India

Since its inception in 1996, Rustomjee Group has been a prominent player in Mumbai's real estate sector, with a portfolio spanning residential, commercial, and industrial projects. Dr. Rakesh Setia, the visionary leader, shares insights on how the company

Real EstateSustainable DevelopmentSmart HomesRustomjee GroupDr Rakesh SetiaReal Estate MumbaiMar 12, 2025

Rustomjee Group's Dr. Rakesh Setia on the Future-Ready Real Estate in India
Real Estate Mumbai:Since its inception in 1996, Rustomjee Group has carved a niche for itself in Mumbai's real estate sector. Over the years, the company has diversified its portfolio to include residential, commercial, and industrial projects. Dr. Rakesh Setia, the Managing Director of Rustomjee Group, has been instrumental in steering the company towards innovation and sustainability. In an exclusive interview, Dr. Setia shares his vision for the future of real estate in India.

The real estate sector in India is undergoing a significant transformation. With the rise of smart cities and sustainable living, developers are now focusing on creating spaces that are not only functional but also eco-friendly. Dr. Setia believes that the future of real estate lies in embracing technology and sustainability. 'We are integrating smart home technologies, energy-efficient systems, and green building practices into our projects,' he says. 'This not only enhances the quality of life for our residents but also ensures that our properties are future-ready.'

One of the key challenges facing the real estate sector is the need to balance rapid urbanization with environmental sustainability. Dr. Setia emphasizes the importance of sustainable development. 'Our projects are designed to minimize the ecological footprint. We use materials that are eco-friendly and have a lower carbon footprint. We also focus on water conservation and waste management to ensure that our developments are sustainable in the long run.'

The Rustomjee Group has been at the forefront of innovation, with several projects that exemplify this commitment. The Rustomjee Celesta project in Mumbai, for instance, is a prime example of sustainable living. The project features solar panels, rainwater harvesting systems, and energy-efficient appliances. 'These features not only reduce the utility bills for our residents but also contribute to a healthier environment,' Dr. Setia explains.

Another significant trend in the real estate sector is the integration of smart home technologies. Dr. Setia believes that smart homes are the way forward. 'Our residents can control various aspects of their homes, such as lighting, temperature, and security, through their smartphones. This not only enhances convenience but also ensures safety and security.'

The Rustomjee Group is also committed to community development. 'We believe that a strong community is essential for the well-being of our residents,' Dr. Setia says. 'We invest in community spaces, parks, and recreational facilities to create vibrant and inclusive neighborhoods. We also work with local organizations to support education and social welfare programs.'

In conclusion, Dr. Rakesh Setia and the Rustomjee Group are committed to creating a sustainable and technologically advanced real estate sector. By focusing on innovation, sustainability, and community development, they are paving the way for a brighter and more prosperous future. 'Our goal is to build homes that not only meet the current needs of our residents but also cater to their future aspirations,' Dr. Setia concludes.

The Rustomjee Group is a leading real estate developer based in Mumbai, India. With a rich history of over two decades, the company has built a reputation for quality, reliability, and innovation. The Rustomjee Group's commitment to sustainable development and community engagement sets it apart in the highly competitive real estate market.

Frequently Asked Questions

What is the Rustomjee Group's approach to sustainable development?

The Rustomjee Group focuses on using eco-friendly materials, implementing energy-efficient systems, and integrating green building practices to minimize the ecological footprint of their projects.

How does the Rustomjee Group incorporate smart home technologies into their projects?

The Rustomjee Group integrates features such as solar panels, smart lighting, temperature control, and security systems that can be managed through smartphones to enhance convenience and safety for residents.

What is the role of community development in the Rustomjee Group's projects?

The Rustomjee Group invests in community spaces, parks, and recreational facilities to create vibrant and inclusive neighborhoods. They also collaborate with local organizations to support education and social welfare programs.

How does the Rustomjee Group balance rapid urbanization with environmental sustainability?

The Rustomjee Group focuses on sustainable development by using materials with a lower carbon footprint, implementing water conservation and waste management practices, and designing projects to minimize their ecological impact.

What is Dr. Rakesh Setia's vision for the future of real estate in India?

Dr. Rakesh Setia envisions a future where real estate developments are not only functional but also sustainable, technologically advanced, and community-focused, ensuring a better quality of life for residents.

Related News Articles

14th Annual Gera Pune Residential Realty Report Highlights Market Trends
Real Estate

14th Annual Gera Pune Residential Realty Report Highlights Market Trends

Pune, 9th January 2025: Gera Developments Private Limited (GDPL), a leading name in premium residential and commercial real estate in Pune, Goa, and more, has released its 14th annual residential realty report, shedding light on the shifting dynamics of t

January 9, 2025
Read Article
Luxury Penthouse in Sohmer Piano Building Up for Sale for ₹211 Crore
Real Estate

Luxury Penthouse in Sohmer Piano Building Up for Sale for ₹211 Crore

A stunning penthouse with a golden dome in New York City’s historic Sohmer Piano Building is now on the market for $25 million. This five-bedroom, five-bathroom property is nestled in a 13-story Beaux-Arts building and offers breathtaking views and a rich

November 18, 2024
Read Article
From Neglected Suburb to Prime Destination: Lodha Transforms Kothrud
Real Estate Pune

From Neglected Suburb to Prime Destination: Lodha Transforms Kothrud

Lodha Group's ambitious projects in Kothrud, Pune, have not only revolutionized the real estate market but also revitalized the area, making it a sought-after destination. This transformation includes sanitizing and beautifying the streets to enhance comm

March 24, 2025
Read Article
Indian Housing Market Sees 18% Decline in Q2 2024 Sales Across 9 Major Cities
Real Estate Mumbai

Indian Housing Market Sees 18% Decline in Q2 2024 Sales Across 9 Major Cities

Housing sales in nine major Indian cities, including Mumbai, Delhi NCR, and Bengaluru, fell by 18% in Q2 2024, with Hyderabad and Mumbai witnessing significant declines.

June 27, 2024
Read Article
Danube Properties Expands to Abu Dhabi and Ras Al-Khaimah, Eyes Mumbai Market
real estate news

Danube Properties Expands to Abu Dhabi and Ras Al-Khaimah, Eyes Mumbai Market

Danube Group, a leading UAE-based real estate developer, is set to expand its presence to Abu Dhabi and Ras Al-Khaimah, driven by interest from Indian investors.

July 9, 2024
Read Article
Adani-Maharashtra SPV to Sell 10-12.5 Million Sq Ft Annually in Mumbai Real Estate Market
Real Estate Maharashtra

Adani-Maharashtra SPV to Sell 10-12.5 Million Sq Ft Annually in Mumbai Real Estate Market

The Adani Group's Special Purpose Vehicle (SPV) in Maharashtra is set to sell between 10 to 12.5 million square feet of property annually, a move that experts believe will not disrupt the high-demand Mumbai real estate market.

March 28, 2025
Read Article