As Managing Director of Majestique Landmarks, Manish Dwarkadas Maheshwari has taken his family’s legacy of excellence from textiles into real estate, where his name has become a hallmark of trust in Pune’s skyline. A second-generation businessman with natural instincts for opportunity, Maheshwari has shaped Majestique into more than just a developer – he’s created a brand that families trust with their dreams.
In this candid conversation, Manish shares his journey from early lessons at construction sites with his father to leading projects spanning 1.7 crore square feet. He reveals the art of crafting homes people cherish, blending luxury with accessibility, and the values that shape every Majestique project.
- Could you take us back to when you realized your passion for real estate and construction?
Growing up in a business family in Pune, I watched our textile company, Dwarkadas Shyamkumar, shape not just fabric but also my understanding of enterprise. The countless hours I spent at our textile business have taught me what it truly means to build something meaningful.
But the time spent with my father at construction sites opened my eyes to a different world. I remember walking through empty plots as he would describe his vision – how this bare land would soon house families or how that space would become someone’s dream workplace. Those site visits planted the seeds of what would become my life’s work.
My father has been more than just a parent; he has been my greatest teacher. His words still guide me today: “Build something that stands the test of time.” This simple yet powerful principle, combined with the business insights I gained from our family’s textile venture, gave me the confidence to enter real estate.
Looking back, moving from textiles to real estate felt like a natural progression. Today, every project I take on carries the same values I learned at our family business – attention to detail, commitment to quality, and the drive to create something lasting. But more than that, it’s about building spaces where people can truly belong, their stories can unfold, and communities can thrive.
- Could you share some of the most significant milestones in your journey as Managing Director?
Looking back at Majestique Landmarks’ journey, 2007 marks a defining moment. That year, we took a bold step – moving from our family’s textile business into real estate. It wasn’t just about changing industries; we wanted to create something meaningful while bringing along the values of quality and trust that made Dwarkadas Shyamkumar a respected name in textiles.
We began by building value homes, giving families spaces they could truly be proud of and crafting communities that elevate everyday living. Majestique has since evolved into a brand focused on sustainability and elevated living. Projects like The Ornate, The Crown, New Friends, 27 Grand, Evolvus, Ephelia, and Signature Towers weren’t just about premium amenities – they represented our vision of what modern living could be. Each project pushed us to think differently about design, sustainability, and the kind of lifestyle our residents would experience.
What started as a vision has grown into homes for over 15,000 families. Our portfolio now spans 1.7 crore square feet across 25+ completed projects – each one a testament to the trust our customers place in us. With 18 new projects in development, we’re just getting started. But what truly matters is the communities that grow within these spaces and the relationships we’ve built with our customers along the way.
- How does Majestique balance affordability with premium quality, especially in high-demand areas?
When we talk about homes that offer true value, it starts with really knowing what our customers want. Take our projects in Kharadi, Baner, and Balewadi – these areas aren’t just popular because they’re well-connected; they represent the lifestyle that today’s homebuyers aspire to. At Majestique, we’ve made it our mission to build homes that don’t just meet these aspirations but exceed them while keeping them within reach.
It’s not easy, especially with land and construction costs constantly rising. But we’ve found ways to make it work. By thinking differently about design, making smart use of space, and working closely with trusted suppliers, we manage to keep costs in check without cutting corners. This means our customers get well-built homes with great amenities at reasonable prices.
We firmly believe that ‘affordable’ shouldn’t mean ‘basic’. Every choice we make – from the materials we select to how we design our spaces – is guided by one question: “Will this create lasting value for our customers?” It’s about building homes that our buyers will be proud of, not just when they get the keys but for generations to come. This commitment to quality while keeping prices reasonable has been crucial to our growth, and it’s a promise we intend to keep.
- In your opinion, what are the most critical factors that contribute to customer satisfaction in the real estate sector?
When someone chooses a home, they’re trusting us with what’s likely their biggest life investment. Our years in real estate have shown us what truly matters – delivering quality homes on time, being transparent throughout the journey, and building genuine relationships with our customers. Finding your perfect home should feel exciting, not overwhelming. That’s why our team stays personally connected with every buyer, sharing updates and keeping things clear. And when our customers get their keys, our commitment only grows stronger. From day one to year five, we ensure their dream home remains a cherished reality.
We’ve also added thoughtful, modern touches to improve the experience – from virtual home tours to innovative living features. But at heart, it’s our dedication to exceeding expectations at every step that creates lasting satisfaction and trust.
- How do you see the company contributing to the community beyond real estate development?
Building homes is at the heart of what we do at Majestique, but what truly drives us is our connection to the communities around us. Every year, we come together on World Environment Day, walking through neighborhoods and talking with residents about protecting our natural surroundings. It’s our way of showing that sustainable living isn’t just about green buildings; it’s about creating a better future for everyone.
The safety of our workers is equally as crucial for us – these people bring our visions to life. During National Safety Week, our construction sites become spaces for learning and sharing, ensuring everyone goes home safely to their families each day.
Some of our most cherished moments come from the simple joy of giving back. Last Diwali, we spent Children’s Day at Mahatma Gandhi School in Yerwada. Seeing the children’s faces light up as we shared gifts and sweets reminded us why we do what we do – it’s about building structures, happiness, and hope.
- For those looking to make a mark in the industry, what advice would you give to aspiring entrepreneurs and young professionals?
Having been in real estate for years, I’ve learned that success rarely follows a straight line. To those starting, I would advise them to expect challenges and embrace them – each setback teaches you something valuable. The market will change, plans will need adjusting, and that’s part of the journey.
This isn’t a business for overnight success. Having good mentors made all the difference for me – they helped me avoid pitfalls and showed me new perspectives. The excitement I felt when I started keeps me going – watching spaces come to life and knowing they’ll become part of someone’s story. Stay curious, keep learning, and build relationships that matter. That’s what turns challenges into stepping stones.
