Further cementing its reputation as a future-forward developer, Shiv Sai Aastha Property has unveiled a series of bold initiatives in governance, sustainability, and social responsibility that position the company as a leader in ethical and eco-conscious real estate development.
In a sector increasingly under scrutiny for its environmental and governance practices, Shiv Sai Aastha has become one of the few Indian developers to earn ISO 37001 certification, the global standard for Anti-Bribery Management Systems, in 2023. The company has also adopted an independent board of directors, with 40% female representation—an uncommon move in the male-dominated real estate industry.
“We believe corporate governance and environmental responsibility aren’t checkboxes—they are foundational to long-term value creation,” said Mr. Rajeev Shrivastava, Founder and Managing Director. “Trust is our most valuable asset, and we are investing heavily to uphold it.”
To bring transparency to its sustainability commitments, the company recently published its first-ever ESG Impact Report, independently audited by KPMG Assure. The report details progress across environmental, social, and governance pillars, and sets measurable targets for the next decade.
Among the most ambitious of these is the company’s ₹50 crore pledge toward its “Har Ghar Hara Ghar” urban-forestation initiative, which aims to plant 500,000 native saplings along the fast-developing Dwarka Expressway corridor. The initiative also includes the deployment of community-scale rainwater harvesting systems, designed to recharge 2.5 billion litres of groundwater annually—an essential intervention in water-stressed urban zones.
These ESG and governance strides accompany the company’s growing portfolio of tech-enabled, on-time real estate delivery, including the ₹450 crore Aastha Heights township in Gurugram, backed by Ascend Capital Partners.
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