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In this interview, Navneet talks about his experience as a General Contractor & Custom Home Builder and details his mission of bringing efficiency to the construction industry.
“The mission that matters most to me is to bring efficiency to the construction industry,” shares Navneet. Having spent a decade in real estate development & construction, he’s found areas of opportunity where modernized techniques can bring about greater efficiency and lower building costs, reduce timelines and bring predictability to execution. His main motive, he says, is to make construction projects run on a fixed cost and fixed timeline.
Born and brought up in India, Navneet completed his bachelor’s degree in electrical engineering there, stayed for a while to begin his career, and then furthered his studies at Stanford University, CA, USA. Since then, he has lived and worked in the Bay Area. After working as a Founder, Executive, Investor in High-Tech for a few years, he developed an interest in real-estate development as alternative investment, which ultimately led him into the construction industry, where he found the industry lacking technology and relying on old-fashioned processes across the board. This, he says, started him thinking about how to bring the construction industry up to date. One answer, it turns out, was founding his own construction company, ‘Livio,’ with the goal of doing things differently.
For Navneet, Livio’s dedication to efficiency is key. “Traditional construction companies operate largely from the construction site, where 100% of the unknowns are found on site, a large number of decisions made on site and problems solved on site,” he…