Dr. Nitesh Kumar takes up a larger role, elevated to Managing Director & CEO of Emami Realty
Emami Realty Limited, the realty arm of India’s leading business conglomerate Emami Group and a well-known name in real estate industry announced the elevation of Dr. Nitesh Kumar as the Managing Director & CEO of the company after the board meeting.
As a seasoned Realtor of repute the elevation to the position of the Managing Director & CEO of Emami Realty Limited bears testament to Dr. Kumar’s leadership qualities, excellence and experience in the Real Estate industry.
Prior to his elevation, Dr. Kumar has been CEO on the Emami Realty Board since October 2018. Ph.D. in Management and MBA in Entrepreneurship & Marketing Management Dr. Kumar is a civil Engineer from University of Pune and has over 27 years of experience in Real Estate Industry & Funds, executing multi-dimensional projects – Retail, Commercial, Residential, Institutional & Multiplexes with proven strengths incorporate strategy, marketing and innovations on most competitive terms.
Thanking to all Board Members Dr. Kumar said: “It is a great honor that I accept with a deep resolve to build on the outstanding legacy nurtured over the years, further strengthen and build market leadership in all segments of Real Estate whilst strengthening Emami Realty’s commitment to put the interest of stakeholders on first priority. In the journey ahead, with the help of our shareholders, partners, associates, and most of all, the dedicated team Emami Realty to continue our shared aspiration to build an exemplary enterprise of pride.”
About Emami Realty:
Emami Realty Limited has so far successfully delivered more than 24 prestigious residential and commercial projects, comprising 36 million sq.ft. area, primarily in Kolkata. The list of such renowned projects includes South City, an integrated residential development of 4.5 million sq.ft. with a 1 million sq.ft. iconic mall and an international school and Emami Swan lake (1.1 million sq.ft.) with 80% open space set amidst a serene lake in Hyderabad. Presently constructions that are going on includes: Emami City (about 2.5 million sq.ft), North Kolkata’s largest residential development with latest amenities; Emami Tejomaya (1.6 million sq.ft.), a premium living in India’s second-largest IT hub, Chennai built with international expertise and Indian sensibilities; Emami Nature (spread across 100 acres), the Biggest Planned Integrated Township in Jhansi (UP); Altair (1.3 million sq.ft), an iconic landmark designed by the internationally celebrated architect Moshe Safdie in Colombo, Sri Lanka; Urbana (7 million sq.ft.), an uber-urban living set amidst 66 acres of prime land in Kolkata; Emami Aerocity (62 acres), plotted development at one of the smart cities announced by the Government of India at Coimbatore. Besides, the Group has also got huge land parcels at Madurai, Jhansi, etc. where it is exploring the possibility of developing smart cities in due course.