Dhanuka Infra Realty’s First Commercial Development
Sunshine Bhagat marked a significant turning point in our journey, becoming our first commercial development after years of experience in residential projects.
The project began with a traditional landowner who was initially uncertain about partnering with a developer. There were natural trust concerns and hesitation around transitioning from residential to commercial development. While we were evaluating both options, followed by market research, the location’s commercial potential made a strong case for a commercial development.
Despite having no prior experience in commercial projects, we took the decision to enter the commercial segment, laying the foundation for its subsequent growth in commercial real estate.
The project required us to establish confidence with the landowner while simultaneously taking on a new development category. Through transparent discussions, commitment, and a partnership-led approach, the JV moved forward.
The successful collaboration became more than a single project — it established a long-term relationship with our JV partner that continues even today.
Sunshine Bhagat also represented our first adoption of Flat Slab technology in a commercial project. While the technology offered structural advantages, it resulted in a lower floor-to-floor height and consequently a lower clear height than initially desired.
This became a challenge during the sales phase, as commercial occupants and buyers had specific expectations around usable space and clear height. The project therefore required greater focus on demonstrating the overall value and commercial potential of the asset.
At the time, Sikar Road had limited availability of approved and organized commercial spaces. What initially appeared to be a market limitation ultimately became a significant opportunity.
We leveraged this gap to position the project as a credible and organized commercial space, attracting established brands and businesses.
The project successfully attracted reputed occupiers and brands, including:
These associations strengthened the project’s credibility and helped establish its commercial positioning in the market. The project ultimately achieved strong lease and sales values, validating the decision to pursue commercial development despite the initial uncertainties.
Sunshine Bhagat represents a defining chapter in our evolution from residential development to commercial real estate.
What began with limited commercial experience, stakeholder hesitation, and execution challenges became a successful commercial development through strategic decision-making, strong partnerships, and an ability to identify opportunity within market gaps.
More importantly, the project established a lasting relationship with the landowner and stakeholders, demonstrating Dhanuka’s approach to building partnerships that extend beyond the completion of a single development.
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