Have you looked at the Uber or Amazon app on your phone in the past week? Chances are that you have. Congratulations, you’re a part of the phenomenon that is the rise of tech. Real estate is no different. Proptech is the acronym used to describe any technology that is set to disrupt the real estate space. This can include software, hardware, materials or manufacturing.
Lowering your energy bill can be accomplished easily by improving the home's electricity efficiency. Here are few ways this can be done:
Hiring the right talent is critical for any business to succeed. Companies must focus on both the technical know-how of a candidate as well as their belief in the company’s value systems, which eventually helps in setting the culture of the organization.
We used to compare Entrepreneurship to running a marathon. However, over the years we have learned that it is more like an ‘Ironman’ race (3.86 km swim, 180.25 km bicycle ride and a 42.20 km run). Not only will you need to grind it out like an Ironman, but you will also need different skills during this journey.
Invest with a Reputed Developer: Investing with a developer who has a proven track record always pays off, even if you have to pay a premium for the Asset.
An entrepreneur is bound to make mistakes throughout his/her journey. However, the lessons a leader can learn from a mistake are invaluable. Entrepreneurs in their learning stage make plenty of mixed decisions – decisions related to hiring, investing in wrong projects, overspending, taking on more work than they can handle.
Instead of looking at real estate as a whole, it should be seen from the lens of the different asset classes within Real Estate.
Every Facility Manager should be well-versed with the guidelines for fire safety.
Hiring the services of the right Facility Management Company is of utmost importance for the longevity and maintenance of a building.
Employee(s) are the biggest asset in any organisation. Sincerity, honesty, productivity and mutual trust are essential qualities to be possessed by them. Not only do they work hard, but they also work smart.
Employee(s) have their own capabilities and limits, but some push themselves to get the best out of them, holding firm their curiosity for learning new things.
Two of the important aspects a candidate looks for in a company are diversity and freedom to learn more. Meet Hareesh Pillai, Project Engineer, who understood that SILA is for even more, currently handling multiple projects, learning and growing with the every opportunity that comes through. Delving deep into what inspires him, and drives him ahead at work.
Stakeholder Management is one of the most important roles of a Founder. Employees, Clients and Investors form the 3 key stakeholders for any startup. In our opinion each one is equally important.
At SILA, employee experience is more important than ever. As our Founder and Managing Director, Sahil Vora says, ” I get more excited when someone gives me a reference for a great candidate over a business lead.”
Having been in the real estate services business since 2010, we believe that 2017 was an inflection point for SILA. We had one of our best years from a growth perspective, but more importantly, we have clarity on the next growth drivers and the road ahead.
A professional property management firm can easily become one of your greatest assets, second only to the properties that they steward on your behalf. That said, your property manager will make critical decisions on your behalf making it extremely important that you do your homework during the hiring process.
Sumer Trinity is a 36 story, premium, luxury apartment complex in the Prabhadevi neighbourhood of South Mumbai. The iconic residential skyscrapers provide luxury that is seldom matched elsewhere.
When Tara Jewels Ltd. contacted SILA, they were in the middle of planning an IPO. To give investors confidence in their plans, it was necessary for them to complete the roll out of their 35 stores across the nation within a short period of 4 months.
Searching ways to Improve Building Operational Efficiencies? Want to make the most out of your Building? Is Productivity at workplace your utmost concern?
When you are planning to sell your house, you definitely would want to look for the best possible rate from the sale. Let us look at a few economical ways to upgrade your house which indirectly would upgrade the value of it.
There are several definitions for a fair workplace; the base to it remains the same – A company that ensures that their practices & processes are balanced and every employee is treated right. The fundamentals of a fair workplace begin with equality.
Every building – be it residential, commercial, schools, hotels, restaurants and hotels, produces substantial amounts of materials and waste. Hence the facility team needs to focus on managing the same in the most optimum manner.
Want to roll out stores for your company? Don’t know how to go about it? Need guidelines to roll out multiple stores?
A Turnkey Contract is a business arrangement where the project is undertaken from the nascent stage and delivered upon completion. However, there are points that need to be kept in mind before entering the contract for the project from the technical, legal and other aspects.
Many industries have nowadays started adapting tech in order to increase efficiency and accuracy of the business. One of those really fast growing businesses after real estate sector is Construction, which is going to get crowded in the next two years.
‘Honesty is the Best Policy’ was a case well proven by one of our own who is deployed currently at Terminal T2 in Mumbai International Airport. Suman Dhoiphode when she returned diamond rings worth lakhs to their rightful owners last year made us believe again in today’s world that “Honesty is the Best Policy” indeed.
What’s With Design Management ? How does it affect any project and what are the factors related to it ? In any Real Estate Project, the Art or Creative part of the Design process should largely end at the Concept Stage of Design.
Facility Management is a profession that encompasses multiple disciplines to ensure functionality of the built environment by integrating people, place, processes and now technology as well. Facility Management Services refer to the use of third-party service providers for the maintenance of the building/office facilities or outsourcing the management of entire facilities to an organization for the professional delivery of services.
When Hikal Pharmaceuticals circulated their RFP for Facility Management at their 5 units across the country, SILA had been posturing itself to take up an increased number of industrial clients in the facility management space. On winning the contract, between January and April 2016 we deployed 200 odd staff in total at their 5 sites.
Real Estate is one of those many fast changing businesses, especially in India now, since GST took place. We expect the impact of Demonetization, implementation of Real Estate Regulatory Act (RERA) and Goods and Services tax (GST), to have a significant impact on the Real Estate sector.
At SILA, our businesses include – real estate advisory, project/construction management, turnkey interior fit outs, facility management, & on-demand home services. As a result, the teams are spread over all business verticals lending great diversity to the organization.
Understanding and analysing an employee’s journey and growth have emerged as a key priority for human resources and business leaders. Here at SILA, we ensure that work satisfaction and self development go hand in hand.
HR (Human Resources) professionals get a lot of questions from the male team members on the non-existent father friendly policies which brings up the question that a lot is being spoken & written about women’s role as a parent. However, what is under-played many-a-times is the role of men as parents, which holds an equal importance in the growth of a child.
In 2012, SILA – Facility Management was asked to propose a solution to maintain a few of Alok Industries’ manufacturing units in Silvassa. Focus was to implement an efficient solution and upgrade the maintenance levels at their factories.
Facility Management is all about people, technology & processes. Our focus on training, standardization, and human resource management has allowed us to build best in class processes and systems to better optimize our service delivery.
There are a number of myths about a facility manager. Modern office environment has evolved dramatically over the past few decades, roles and responsibilities are drastically changing, but unfortunately our concept of a facility manager has not changed. We still consider these professionals as someone who flies under the radar, who is unseen and less sociable as compared to the other roles in the real estate services sector.
A milestone is a hard and fast due date that represents a major accomplishment during the course of the project that is being managed. Sometimes these milestones represent the approval of a major component in the project, like approved testing of the product for release one.
CM&D SILA‘s relationship is exclusive to the owner as they act in the client’s best interests at all times; providing comprehensive management at every stage of a project. Whether it is in the creative stage starting with a concept, and project definition to the completion of construction and turnover of a quality project on budget and on time.
Delving deep into what inspires her and drives her ahead at work.
The year 2006 witnessed a momentous change for the airports in India with the privatization of Mumbai’s GVK Chhatrapati Shivaji International Airport (GVK CSIA). In order to achieve a global standard, GVK CSIA has partnered with well-known international experts for airport design and operations.
Facility Management is an interdisciplinary field devoted to the maintenance and upkeep of real estate assets. Large Facility Management efforts often cost much more than planned, some can put the whole organization in jeopardy. The companies that defy these odds are the ones that master key dimensions that align real estate and business value.
In February 2015, in order to offer an extensive list of home services to residences across Mumbai, Pune, Bengaluru and New Delhi. The services include deep cleaning, sofa shampooing, pest control and home health analysis.
What’s a workplace without Mutual Respect ? In today’s world of cruelty and rudeness, here’s highlighting a tale of mutual respect between colleagues.
The communication and operations gaps in a people intensive business are understood by industry veterans. Before technology was as cheap and easy to implement as it is now, certain mishaps were taken to be a part of the business and the margin was calculated keeping these gaps in mind.
Facility Management businesses form a part of the service sector, and it is plagued with issues for the human resources teams to manage. Organizations have huge diversity across employees, owing to the geographical, nature of isolated sites and lack of competencies which allow communication gaps to be bridged. What makes technology in facility management industry a value added to their services ?
Performance Management relates to monitoring the performance of employees. It proves out to be a crucial factor in improvising the key areas where the organisation is concerned about. Performance Management in the Real Estate Sector is an essential factor as it involves determining the trends and using certain strategies to shoot them.
Though this may not be exclusive for the facility management sector in India, a Gallup study highlights how employees who make the most of their strengths in their workplace, are six times more likely to be engaged than their colleagues who seem to be lost on this crucial alignment.
The percentage of stand-alone residential buildings & gated communities that outsource the management of their properties is increasing steadily. This trend of outsourcing Building Management to professional property management companies will continue to grow as per the needs of the consumer.
As the world becomes increasingly connected, it offers organizations in the facility management sector an opportunity to engage with an employee at an enhanced level. Today’s teams seek job fulfillment and are keen to work for organizations which are known for their employee friendly policies.
Attrition rates in the services sector are 19.3%, according to a survey conducted by Aon Hewitt, as published in Business Standard. It is an understood fact that the front line teams face the massive churn throughout the year, owing to the lack of awareness, loyalty and stickiness. Let us understand the “Work culture in facility management companies”
SILA, being one of the leading and the fastest growing Facility Management service providers in India, focuses on training, standardization, and human resource management has allowed us to build best in class processes and systems to better optimize our service delivery.
SILA provides professional housekeeping services in India.
CM&D SILA’s expertise is in mediating construction disputes, which expedites the schedule and minimizes delays and cost overruns – all projects in India to date have been examples of where capital market client have brought in CM&D SILA to expedite or take control of the project in order to ensure timely delivery.
For anyone involved in project delivery, it highlights how understanding the customer’s goals and requirements from the very start, has the power to either make or break a project. Being in the Facility and Construction management business, its highly essential for us to understand customer service in all detail.
Back when SILA started with facility management operations in April 2010, we had not expected that our culture would eat our strategy for breakfast. the fact that is has, speaks of our inclusion in the global movement that is revolutionizing work cultures.
Being in the services business comes with its own basket of wins and challenges. Facility management remains as core business for SILA.
SILA is the one of India’s fastest growing facility management providers – with clients ranging from the pharmacy giants, premium commercial properties, exclusive gated communities to highly respected real estate developers. What has truly contributed to the growth is our focus on key differentiation, which leads to a superior customer experience.
The journey of Sahil Vora and Rushabh Vora through building and growing SILA has been equally fascinating as it has been inspiring. Having young bankers open up a facility management shop is quite unusual, though you have had engineers venturing into home services.
Watch brothers Sahil and Rushabh Vora who decided to move from high flying careers in investment banking to starting up a facility and project management venture for the realty sector
On 3rd March 2014, the Property Times carried the following headlines which led to the birth of our new company. SILA and Construction Management and Development Inc. (CM&D) have formed a joint venture – CM&D SILA Development Services India Pvt. Ltd. – to provide Project Management and related services for Real Estate development projects across India.
Facility managers face many challenges each day. From maintenance issues to working on long-term energy efficiency goals, there is a lot to worry about when your job title is Facility Manager. So what are some of the most common and most difficult challenges for a Facility Manager?