Thursday, December 01, 2011: 06:01:41 PM

TJCD Company Review

JP Iscon Ltd – Assuring unparalleled quality of living

The company has the distinction of setting up the first mega air-conditioned retail outlets for both Tata Group and Reliance Industries Ltd

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Incepted in the year 2000, JP Iscon Ltd focuses on creating a strong bond between the builder and the buyer. Over the years, the company has emerged as a pre-eminent real estate developer in Gujarat, with a strong corporate reputation founded on benchmark performance. Today, it is known for its diverse repertoire of architectural expertise, inherent streak of innovation, efficient property management skills and time-conscious planning and execution of projects.

 
The company envisages becoming a reputed and respected leader across the residential, retail and commercial verticals of the real estate industry.
 
Location
 
The company is headquartered in Ahmedabad. Besides, it has 11 branch offices across several cities in the state such as Vadodara, Rajkot and Surat, among others.
 
Line of Business
 
The company is engaged in developing residential spaces including gated community, townships and others. Besides, it also undertakes commercial space developments, which primarily comprise shopping malls and offices.
 
Core Values    
 
The company follows a strict corporate principle and develops its projects based on the following values:
 
  • Determined to leave a positive legacy for future generations though its projects
 
  • Dedicated to proven planning principles that create safe, balanced, sustainable master-planned communities providing work-life balance
 
  • Focus on conserving open spaces for appropriate land use and healthy lifestyle
 
  • Maintain transparency in all that it does
 
  • Manage land and assets efficiently to enhance their long-term value and provide a reasonable return to the company
 
  • Employ the most talented and motivated people in pursuit of excellence
 
  • Aim at becoming a constructive corporate citizen, active in public affairs and generous in its community philanthropy with an emphasis on conservation and education.
 
Certifications
 
JP Iscon is a ISO 9001:2008 certified company. In addition, the developer had bagged two other certifications including ISO 14001:2004 and OHSAS 18001:2007.
 
Projects
 
JP Iscon has developed more than 35 lakh square feet of residential, corporate, commercial and retail space across Gujarat.
 
The company has the distinction of setting up the first mega air-conditioned retail outlets for both Tata Group and Reliance Industries Ltd. It set up India's first Star India Bazaar (Tata Group) at Iscon Mall, Ahmedabad in 2003 and Reliance Mart at Iscon Mega Mall in 2007.
 
Some of the company’s completed projects are Iscon Arcade in Ahmedabad, Iscon Mall in Surat, Iscon Mega Mall in Rajkot, Gurukul Park in Ahmedabad and Iscon Heights in Vadodara.
 
Among many current projects, mention may be made of Iscon Flower in Ahmedabad, Iscon Atria in Vadodara, Iscon County in Anand, Iscon Crystal and Iscon Pride in Deesa.
 
JP Iscon’s projects offer extensive range of amenities such as grand entrance gate, air-conditioned entertainment lounge, swimming pool, splash pool, steam, sauna, spa, gated community, business centre, landscaped islands, indoor games area, medicare centre, Jacuzzi, library, gymnasium, laundry service, convenience store, senior citizen garden, school drop off zone, children’s day care centre, squash court and a lot more.
 
Services
 
The company provides property management services to ensure that its buyers continue living in an environment of luxury and serenity. The in-house dedicated property management team work 24 x7 to assure the long-term productivity of JP Iscon properties. On-site management teams, intensely focussed on the needs and opportunities of each market, are supported by headquarter resources in the areas of marketing, communications, sponsorships and operations.
 
Shareholding Pattern
 
JP Iscon is a public limited company.
 
Promoter
 
Pravin Kotak is the founder and chairman of JP Iscon Ltd.
 
Turnover
 
Not disclosed
 
Profitability
 
Not disclosed
 

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