Located in Hyderabad, Sri Sairam Projects Ltd is an ISO 9001:2000 and OHSAS 18001:2007 certified property developer  A civil engineer, S Satyanarayana Reddy started with Sri Sairam Builders in 1991, after working with reputed construction companies for some years. In 2005-06, Mr Reddy changed the company name to Sri Sairam Projects Ltd. The company aims at providing quality housing, which reflects warmth and a sense of belonging. Over the past 19 years, the company has completed around 30 projects in and around Hyderabad. Furthermore, the company has achieved its mission of executing 5 million square feet (mn sq ft) of residential apartments and is on the verge of completing another 2 mn sq ft space.At present, the company has emerged as one of the leading and trusted names in construction and real estate sector in South India.
Location
Sri Sairam Projects is located in Hyderabad.
Line of Business
The company is engaged in the construction of luxury, semi-luxury and duplex apartments.
Sri Sairam Group
The group comprises Sairam Infratech Pvt. Ltd, a wholly-owned subsidiary of Sri Sairam Projects Ltd. Headed by Ramakrishna Pilaka, the subsidiary serves as a special purpose vehicle (SPV) to the parent company for entering into joint ventures with investors in realty and infrastructure space. To secure big-ticket funds from across the world, Sairam Infratech has recently opened a branch office in New Jersey, the US.
Strengths
Continuous emphasis on quality and customer-centric approach are the two key strengths of the company. In addition, the company has a dedicated team of skilled engineers and project managers.
Quality has been a major area of focus for Sri Sairam Projects, when it comes to choosing building materials, technology, design and layout, maintenance and after-sales service. Moreover, the company strives hard to offer customers innovative and superior quality properties at competitive prices, thereby creating value for money.
Certifications
Sri Sairam Projects Ltd is an ISO 9001:2000 and OHSAS 18001:2007 certified company.
Home Finance
To help customers obtain housing loans easily, the company has tied up with various housing finance companies such as LIC Housing Finance, ING Vysya, ICICI Bank Home Loans and HDFC, among others.
Projects
Among the current projects, mention may be made of the following two:
Sri Sairam Towers: Situated in Hafeezpet, Hyderabad, this residential project enjoys a strategic location and is near to the emerging Hi-tech city of Gachibowli and the proposed metro station at Miyapur. The project includes sky villas ranging from 2,100-5,400 sq ft and premium flats within the range of 1,360-1,715 sq ft.
Sri Sairam Green Meadows: Built in a picturesque location at Pragati Nagar, Hyderabad, this residential project comprises 700 apartments and include modern facilities such as lifts, security system, back-up generator, club house, health club, indoor and outdoor game premises, skating rink, jogging track and others.
Among 30 completed projects are Sri Sairam Manor, Sri Sairam Gardens, Sri Sairam Prestige, Sri Sairam Residency and Sri Sairam Sharada.
Shareholding Pattern
It is a public limited company.
Promoter
The promoter of Sri Sairam Projects Ltd is S Satyanarayana Reddy, who is also the chairman and managing director of the firm. Mrs Maheshwari, wife of Mr Reddy, is a co-promoter.
Turnover
Not disclosed
Profitability
Not disclosed |
