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M HABIBUL
                                                                                          BASIT
                                                                                          Chief Executive O cer (CEO)
                                                                                          Shanta Holdings Ltd

                                                                                                                                           required changes in the standard operating       compared to other financial instruments as it ensures a higher              We strive to feature nature and its elements in our projects in
                                                                                                                                           procedure (SOP), altered the methodologies and   and more sustainable return on investment. This also helped to              this manner as well as maximize natural light and ventilation,
                                                                                                                                           introduced a customized performance              boost the sales of apartments.                                              which are always prioritized at the design stage. Our designs
                                                                                                                                           monitoring tool. In addition, strict COVID-19                                                                                are user-oriented. We take an outside-in approach to ensure
                                                                                                                                           protocols were enforced for the safety of people   Share some details regarding Shanta Holdings ongoing                      that users' comfort, safety and functional living remain the
                                                                                                                                           and the workplace. These initiatives proved to   projects – what can customers expect from the real                          priority. As COVID-19 has re-taught us the importance of the
                                                                                                                                           be very effective and we are happy to share, in   estate innovator?                                                          outdoors, we are now even more so focused on ensuring our
                                                                                                                                           spite of working remotely during this crisis     We have a range of residential and commercial projects in the               projects encompass the notion of biophilic design and create
                                                                                                                                           situation, we did not lose much in terms of our   pipeline. FORUM – the first 24 storied twin towers are nearing             even better outdoor functions which allow our users to enjoy
                                                                                                                                           deliverables and all the major objectives were   completion and will set a new benchmark for commercial                      nature to the utmost. The use of natural and local materials to
                                                                                                                                           achieved.                                        development in the country once it opens doors next year.                   reduce our carbon footprint, low-e double-glazed windows to
                                                                                                                                                                                            PINNACLE - the city’s first 40 storied skyscraper is under                  reduce heat gain, and low-consumption fittings to minimize
                                                                                                                                           Would you please elaborate on the                construction and currently in the substructure stage. These                 water usage are always our preference.
                                                                                                                                           government policy support that enabled           projects will house shared amenities such as retail outlets,                We have a strong Facility Management Services (FMS) wing,
                                                                                                                                           the rapid sale of ready-made flats?               cafes, a rooftop restaurant, gym, business center and more for              which manages all our projects for a minimum of 5 years
                                                                                                                                           The real estate sector has been a significant    the convenience of tenants, hence further cementing Tejgaon as              post-handover. A professional team of building managers
                                                                                                                                           contributor to our economy. Our government is    the ultimate commercial hub of the city. We hope these iconic               ensure that security, cleaning and maintenance of our projects
                                                                                                                                           well aware of the importance of ensuring the     developments will also stand as architectural landmarks for                 are upheld to the highest standard. There are specific
                                                                                                                                           industry's sustainable growth and has taken                                Dhaka. In residential, we have                    guidelines for cleaning and maintaining certain materials like
                                                                                                                                           the necessary steps to support it over the                                 a portfolio of projects around                    natural stones, landscaping, and more importantly, the
                                                                                                                                           years. The government is now allowing                                      the city, particularly, a few                     expensive electromechanical equipment of projects such as
                                                                                                                                           investment of untaxed money, lowering the                                  park-side projects in North                       elevators, substations and generators which are commonly
                                                                                                                                           interest rates, and reducing registration fees                             Gulshan in our Platinum, i.e.                     ignored but are imperative to the safety and longevity of the
                                                                                                                                           are the core factors behind the rise of the                                ultra-luxury category -                           buildings. We ensure those key aspects are well maintained
                                                                                                                                           demand. The policy support paired with a                                   OLYMPUS on road 62, AURA                          and monitored to ensure our properties retain their value for   How is Shantas’ CSR initiative - Centre for
                                                                                                                                           quick recovery of the economy helped the real                              on road 83, and ZEPHYR on                         our clients. Clients can also choose to submit maintenance    Woman and Child Health (CWCH)
                                                                                                                                           estate sector bounce back strongly from the                                road 100/103. Each of these                       requests, book amenities and pay their bills through our online   supporting the community?
 Can you tell us about your 6-year long   transformation of the company and worked around our people,                                      effects of a global pandemic and its economic                              projects, located in                              FMS portal, which is an added convenience. Our teams are well   As a part of CSR, Shanta started it’s not for
 journey with Shanta Holdings?  structure and process to ensure an achievement-oriented                                                    fallout.                                                                   super-prime locations, will                       trained in fire-fighting and emergency response in case the   profit healthcare facility - Centre for Woman
 My journey with Shanta since late 2015   culture. Performance came as a direct result of that. We also                                                                                                               offer residents unobstructed                      need arises. We can proudly say our commercial projects house   and Child Health (CWCH) in 2004 in Ashulia.
 started with a lot of learning and   focused on formulating a realistic company business plan for                                         Can you elaborate on the evolution of                                      panoramic park views; a rare                      a footprint of offices of renowned local and multinational    CWCH has been serving mostly women and
 understanding of the industry. Prior to   each year which helped to provide a set of clear objectives, a                                  customer demand? What is encouraging                                       opportunity in our                                corporations, which is a testament to not just our design and   children, especially the low paid workers of the
 joining Shanta, I had very little   line of sight and role clarity to all concerned in the team.                                          buying rather than renting? Also tell us                                   ever-bustling city. Moreover,                     construction quality, but also to our safety and facility     readymade garments industry and
 understanding of the real estate sector but I   Through these initiatives we have ensured a shared and                                    about the economic trends spearheading                                     each project will house                           management standards. Another example is that since the       underprivileged poor women and children. The
 knew this industry has enormous potential to   aligned vision for the company where every member had                                      investment in the real estate sector.                                      state-of-the art lifestyle                        onset of the pandemic, the initiatives by our FMS team to     center offers free diagnosis, treatment, and
 grow.   something to contribute. All these activities helped us to                                                                        With increasing digitisation, the issue of                                 amenities such as heated                          strictly ensure the required health and sanitation protocols has   medicine for the ultra-poor.
 Being new to the industry, I had the unique   enhance our capability and efficiency which resulted in                                     asymmetric information is slowly disappearing                              swimming pools with                               ensured zero outbreaks in any of our projects, by the grace of   Presently, CWCH operates with 100 inpatient
 opportunity to bring in a fresh perspective to   providing consistent business growth year on year in this                                from our society and has impacted how people                               beautifully landscaped decks,                     the Almighty.                                                 beds. In addition, it also has 18 beds for
 the table. People and culture are critical in   period.                                                                                   imagine their living spaces. A home is not just                            fully equipped gyms, stylishly                                                                                  emergency services. CWCH treats over 600
 transforming a company into a great one -                                                                                                 a living area now, but a statement of prestige.                            appointed and fully furnished                     Give us a snippet of the upcoming projects in the             outpatients every day. The expansion of the
 this is one area where we focused at the very   Shanta Holdings is known for driving a performance                                        Consumers aspire for amenities like a                                      party rooms, bbq zones and                        pipeline – what’s in store?                                   hospital building is near completion. The
 beginning and still passionately drive many   culture. How did this passion help Shanta Holdings to                                       swimming pool, gym, playing ground for kids      more, complemented with sophisticated interior designs, thus,               We have many residential and commercial projects in the       7-storied main hospital building with a total
 initiatives around that. We identified and   overcome the challenges of the pandemic?                                                     and a party space besides a well-designed        creating an ambience of true luxury and comfort for our                     pipeline. We are going to launch the first true gated community   floor area of about 250,000 sq. ft. will start
 acted upon scopes of improvement in the   We believe a performance-driven culture is at the core of any                                   apartment that they see around the world.        residents, which their lifestyles demand.                                   in adjacent areas of Mirpur DOHS consisting of 400+           operations with 250 inpatient beds from early
 people and culture aspect of the company. It   successful business. We are fortunate to have a team who are                               In recent years it has become easier for the                                                                                 apartment units with all the modern amenities like jogging    2022.  The center offers services in the areas of
 included introducing new ideas and best   open to new ideas and challenges and work passionately                                          customers to access the financial assistance     Young homeowners seek convenience, invention, and                           trail, fully equipped gym, swimming pool, central courtyard,   obstetrics and gynecology, pediatric, medicine,
 practices that facilitated the growth and   towards success. Our performance is driven by the culture we                                  required for property purchase.  The financial   sustainability – how is Shanta Holdings incorporating                       curated space for indoor and outdoor games, prayer space and   cardiology, diabetes and endocrinology,
 development of the team - both individually   live by - a culture that stands on 6 core values - Excellence,                              institutions are offering loans at competitive   these factors into their home designs? Could you                            many more. Apart from these, many more residential properties   orthopedic, ENT, eye, dental, physiotherapy,
 and collectively. I am happy to share that the   Innovation, Commitment, Quality, Customer Satisfaction and                               rates and terms. In addition, the strong         elaborate on the facility management module                                 are in the pipeline in the most lucrative locations of Dhaka like   dermatology and child development.  The center
 team had the right mindset and took up the   Valuing People. These values are embedded in Shanta’s DNA                                    economic performance over the past few years     available to consumers and what they can expect?                            Baridhara, Guslahn, Banani, Dhanmondi etc. In terms of        has well equipped operating theaters,
 challenge. Simultaneously, we focused on   and drive the team towards setting standards.                                                  in general has enabled people to have higher     Sustainability is indeed a crucial element of modern living. We             commercial, the city is going to witness a few large-scale,   diagnostic laboratory, radiology and imaging
 creating a vision for the company and then   After the initial shock of COVID-19, we regrouped and adapted                                disposable income, thus, allowing people a       realize the need for biophilic architecture,                                international-standard commercial buildings in the near future.   and pharmacy. It also offers various
 collectively worked towards creating a   to the new normal scenario. Our primary concern was the                                          better opportunity for opting to buy rather than   environmental-friendly and sustainable development and have               We are actively working to build some true world class        vaccination programs for free. Presently, 375
 strategy and action plan aligned with the   health and safety of all our people. This called for formulating                              renting a property.                              been working towards that journey. Our projects have                        commercial towers that are going to attract the best business   professionals and staff are engaged in the
 vision. This set a clear goal in mind and   a new work module which enabled the team to work                                              Consumers today are also looking at real estate   professionally designed landscaping; from lush green lawns to              houses and eventually redefine the city skyline. Altogether,   center. We also have a plan to go for a nursing
 provided direction to all.   uninterrupted from the safety of their homes but at the same   Photographer: Syed Wasim Nirjon               as an investment opportunity. An apartment in    beautiful planters at terraces, soothing water features to                  more than 8 million sq. ft. of development is in the pipeline   college in the coming years to expand our
 During those initial years, we prioritized the   time getting the job done. To complement this, we brought the                            a good neighborhood is a very safe investment    rooftop gardens and barbeque zones to children’s play areas.                and counting.                                                 support to the community.
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