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Professional movement in the real estate industry

It has been reasonably a good first quarter (CY2021) for the real estate companies and lot of shuffling is taking place at the top level in several companies in the industry in recent months. Here is the short list of some important professional movement in the industry.

Amar Merani has been appointed as head of real estate strategy at IIFL AMC. Amar will lead the team in managing investments and building the company’s client base. Prior to joining IIFL AMC, he was MD and CEO of Xander Finance. His previous stints include Kotak Investment Banking, Lazard India, IL&FS Infrastructure Finance and Price Waterhouse. Amar is BE in Electrical from VJTI and has done MMS from Narsee Monjee Institute of Management Studies.

Avinash Rao is now the Chief Sales & Marketing Officer at TVS Emerald, the real estate arm of TVS Group. Avinash will be heading all customer facing functions of the organization. In the past, Avinash has worked with companies like Puravankara, Provident Housing and Knight Frank. Avinash is a commerce graduate from Veerashaiva College, Bellary ­ Gulbarga University and MBA from Vijayanagara Institute of Management Studies.

Gagan Randev is now Executive Director at India Sotheby’s International Realty (India SIR), a company which is into consultancy business for luxury properties. Gagan Randev will spearhead real estate capital markets business focusing on assets sales across different asset classes, land, funding, and cross border initiatives. Randev has 25 years of experience across real estate and financial services. Randev, a Commerce graduate from St. Xavier’s College, has also done Business Administration & Management from University of Bridgeport and MBA from Western Illinois University.

Gaurav Pandey has been promoted as the Chief Executive Officer – North at Godrej Properties Limited. He will be heading the entire North Zone which is the largest within the company for Godrej Properties and will be leading a team of more than 500 employees. In the past, Gaurav has worked with companies like Burman Estate, PropEquity, Sheth Creators and Ascendas.

Pankaj Bhaisade has been promoted as Associate Director at Cushman & Wakefield. He is responsible for leading and handle the relationship for critical accounts of the company in Pune region. Pankaj is a senior real estate professional skilled in all areas of Transaction Management. Pankaj is PGDM holder from MIT School of Business and has done a course on Leadership Principles, Organizational Leadership and Management from Harvard Business School.

Prasanth Gopinath has been appointed as Director- Commercial (BU) at Pune’s City based Kohinoor Group. Prior to joining Kohinoor, Prasanth was involved with leading developers including Lodha and Shapoorji Pallonji Group and brands like DLF and HDFC gaining extensive experience in leasing and sale of Commercial and Residential assets. An Alumnus of IIM Bangalore, Prasanth is MBA from VIT (Vellore Institute of Technology) and B-Tech Mechanical Engineering from CUSAT (Cochin University of Science & Technology.

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