Entrepreneur Project

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1. Introduction about Mr. Narendra Purohit

Born

st

21  September 1955 (Ahmedabad, India)

Currently Residence

Thaltej

Education

Completed his education from Gujarat University

Religion

Hindu

Nationality

Indian

Children

Ami, Forum, Urvi & Saumil Purohit

Website

www.purohitconstruction.com

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2. Mr. Narendra Purohit as an Entrepreneur



Mr. Narendra purohit was born on 21st September, 1955, in a very humble and modest family in Gujarat.



Having finished his education, Mr. Narendra Purohit took up a job as a teacher in Nadiad.



Moving on to Ahmedabad, he realized that he was meant for bigger things in life and took up his second job as an insurance agent with New Life Insurance Company which earned him a lot of respect and accolades among the people.



His diligence was also rewarded with many medals and certificates of excellence.



Beginning with small works in the construction field, he laid the stone of his first residential apartment –  Ami Apartment –  in Ahmedabad. Thus, the stone was laid and the company called Purohit Constructions was born.



Only with sheer hard work and perseverance, Mr. Narendra Purohit took the company to being a private limited in 1990. From then, it went to become a  public limited company in the year 1994.



And then after he also



Roaring on the success of its developments and satisfied customers, Mr.  Narendra Purohit never looked back.



 Narendra purohit always remembers the days when he started his business with vision, stability, commitment and quality. These four values are the  pillars on which the company has grown to be one of the leading real estate developers in Gujarat.

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3. About Company



From a nascent beginning to certified ISO 9001:2000 company.



The evolution of PCL can be written with golden words in the history of the organization’s growth and success.



Over the past 27 years, the company has carved a niche for itself by providing state of the art structures that can be matched with the best in the world.



The company has a great hold in the state and possesses a huge land bank in entire Gujarat.



PCL also has a large number of NRI clients who have put their faith and trust in the organization since years.



Owing to its valued partners and clients, PCL today is a leading real estate developer touching a million lives and covering dreams into realities.

4. Problems faced by entrepreneur



It’s a fact that no one can get success without facing the problem in life. If the person does hard work then definitely success will come at their door.



In the early when he started his business, they had suffer from many of the  problems. But financial problems are one of the basic problems for framing the dream into reality.



As they have some savings from his previous job. But that was not much enough for starting new business like Construction Company.

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He approached many of the financial institutions for loan purpose & also with so many of the landlords for the land purpose. After a struggling a lot he got some of the financial help from the loans.



According to the area selection they struggle a lot because at that time where he made Ami apartment was too costly, so he need finance that time also.



In early stage it was too difficult to come up with concept with apartment  because at that time people like to live in their tenements or bungalows, very few of them like to live at flats.



So it was very difficult to plan such kind of concept and bring into the market.



But at the end he solved all the problems and come up with the new innovative concept in the market.

5. Mr. Narendra Purohit

at business organization

Mr. Narendra Purohit Chairman & Managing Director Mr. Narendra Purohit is the founder and the chairman and managing director of the company. He looks after the overall day to day affairs to company and supervision of the Board of Directors. A self made man and a successful businessman, arendra Purohit has achieved great success in the real estate development  business. Mr. Saumil Purohit Vice President –  Strategic Planning Mr. Saumil Purohit, a law graduate joined the Purohit Group in 2002 and has been heading the strategic planning division of the company. He is involved in finding new business opportunities and is a continuous source of strength and vision to his team members who find him a source of inspiration. Finding a source of 4

inspiration, he has been elected as the Director in GIHED(Gujarat Institute of Housing & Estate Developers) this achievement by MR. Saumil Purohit,has created history in GIHED. Achieving such a prestigious position, at the age of 24 speaks volumes about his dedication and vision.

Ms. Deepkiran Purohit Vice President –  Marketing Ms. Deepkiran Purohit, an MBA with specialization in Marketing and HR, joined the company in 2008. She heads the marketing, sales and business development division. She is involved with all systems and handles a hard working team who successfully achieve their targets. Mr. Ishvarchand Soni Manager –  Accounts and Finance

Mr. Bipin Solanki Manager –  Administration & HR

Mr. Mahendra Manager –  Systems

Mr. Atul Pandya Director (Projects)

 



Mr. Narendra  purohit “Chairman and Managing Director”, is the pioneer and mighty force of this disciplined organization. Passing his leadership to his inherent Saumil Purohit who is the young entrepreneur. He has his eyes on the sky. Saumil Purohit’s dreams have no limit. He dreams to make the new skyline of Ahmedabad like that of New York, Dubai and Shanghai. All people on any one organization level are independent of all others on that level.

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6. Quality which lead towards success His Believes

In Mr. Narendra Purohit’s words :-

“Quality of the product is what determines how you value your work, and I believe in giving nothing less than perfect.” Humbly adding to this he says, “I have learnt a lot from my contemporaries; especially I learnt how to accept a given situation,  be it favourable or not; and strive to make it better. With such stable foundations and commendable growth pace, PCL is poised to become the most sought after real estate developers of the nation.”

Mission Our Mission is... ... to be a leading real estate developer by providing state of the art infrastructure covering all verticals of real estate, with quality and standards matching international levels. We aim to provide fabulous real estate development for the growth of the country and our countrymen.

Vision We envision... ... a nation looked up to for its infrastructure and developments and we being a major contributor to the growth. PCL aims to be the most reputed, trusted and leading business house in real estate development in India and overseas.

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7. Entrepreneur Traits

TRAITS

FACTS

Knowledge of the field

Mr.Narendra Purohit came out with knowledge of their field into the business.

Ability to get things done

Whatever he decide to do, then definitely he has an ability to make that thing possible.

Creativity

Curiosity

Always before making any of new concept, he tries to bring new creativity & innovative ideas to do something from different which match with the thinking & liking of the  people. He is a very curious person & has an ability to learn new things.Pretty obvious.

8. Entrepreneur Characteristics

Characteristics

FACTS

Risk Tolerance

Mr.Narendra Purohit has to be willing to accept pretty big risks, with some level of comfort.

Balance

As a manager, he balanced very nicely their work & home life.

Calm

Things go wrong when we run own business. A good entrepreneur must have the ability to keep his cool in an emergency or crisis, & Mr Purohit has all this abilities. It may not make the problem easier to solve, but it certainly won’t make it harder. If an entrepreneur can handle failure without frustration or anger, he can move past it to find success.

Discipline

He believes in disciplines & ethics.

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9. Key success factor of entrepreneur

Following are the Key success factor of Mr Narendra Purohit are as follows :

Self Confidence Pro-activity Self initiative Sky has no limit Mr. Narendra Purohit on success dimension

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10. Achievements





Mr. Saumil Purohit elected as the youngest director ever in the history of GIHED (Gujarat Institute of Housing and Estate Developers) In the presence of stalwarts like Ho’n President of India and Chief Minister of Gujarat state Mr. Narendra Modi, PCL signed an MOU worth Rs.285 crores of developing several projects across the state in 2007. According to  previous track records of the company Purohit Construction Limited signed one more MOU of worth Rs. 729 crores in Vibrant Globle Investors Summit 2009.

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