Suraj Estate Developers Limited, a prominent player in Mumbai’s real estate sector with a focus on South Central Mumbai (SCM) and a pioneering role in redevelopment projects, has strengthened its leadership team by appointing Dr. Mohit Ramsinghani as Chief Business & Strategy Officer and Palak Dani Mansotra as Chief Marketing Officer. This strategic move comes in response to the company’s remarkable growth in the luxury residential and redevelopment sectors, where it currently has 13 ongoing and 18 upcoming projects, respectively. The addition of Mr. Ramsinghani and Ms. Dani is anticipated to streamline operations and drive the company towards its ambitious goals.
Dr. Mohit Ramsinghani brings over two decades of cross-industry expertise to Suraj Estate Developers Limited. As the Chief Business & Strategy Officer, he will be responsible for driving strategic decisions within the organization. Holding a Doctorate in Strategy and a Management Degree from IIM Ahmedabad, Dr. Ramsinghani has held pivotal roles at prominent organizations including HSBC, Barclays, IndusInd Bank, Shapoorji Pallonji Real Estate, Radius Developers, and Runwal Group. His leadership has driven revenues up to 90 billion INR and managed inventories worth 100 billion INR, showcasing his profound understanding of business dynamics and strategic growth.
Commenting on this new association, Dr. Mohit Ramsinghani, Chief Business and Strategy Officer, Suraj Estate Developers says, “I am thrilled to join Suraj Estate Developers and contribute to its strategic growth. With a career spanning successful business models across real estate, banking, and financial services, I am eager to leverage my experience to drive growth, enhance operational efficiencies, and introduce innovative strategies. Together, we will solidify our market position and ensure long-term growth.”
Palak Dani Mansotra, with a career spanning over 21 years, joins Suraj Estate Developers as Chief Marketing Officer. Leveraging her extensive experience, she will lead Branding, Communications, Digital, and the Pre-Sales Portfolio for the company. Recognized by various industry bodies for her exceptional contributions to brand visibility and pre-sales revenue, Palak holds an executive MBA from IIM Calcutta, a Digital Marketing degree from MICA, and a degree in Public Relations and Advertising from Welingkar.
“I am thrilled to join Suraj Estate Developers and look forward to contributing to the company’s continued success,” said Palak Dani Mansotra, Chief Marketing Officer, Suraj Estate. “With over two decades of experience in the in branding, communications, and digital marketing, I am excited to elevate Suraj Estate’s brand presence across India. My focus will be on crafting compelling marketing strategies, enhancing our digital footprint, and driving engagement to bolster our pre-sales efforts. My goal is to ensure that Suraj Estate is recognized as a leader in the luxury real estate market, renowned for its innovation and excellence.
Rahul Thomas, Whole Time Director of Suraj Estate Developers, expressed his enthusiasm, “We are thrilled to welcome both Dr. Mohit Ramsinghani and Ms. Palak Dani Mansotra to our leadership team. Their extensive experience and proven track records make them the perfect fit for these roles. This strategic hiring is aimed at strengthening our leadership capabilities and aligning with our long-term vision of growth and excellence. Dr. Ramsinghani’s profound understanding of business dynamics and strategic growth, combined with Ms. Mansotra’s expertise in branding and digital marketing, will significantly benefit Suraj Estate Developers. We are confident that their leadership will drive innovation, enhance operational efficiencies, and elevate our brand’s visibility, ultimately leading to sustained success and market leadership.”
About Suraj Estate Developers:
Suraj Estate Developers has been involved in the real estate business since 1986 and they develop real estate across the residential and commercial sectors in South Central Mumbai region. Company has a residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel, which are sub-markets of the South-Central Mumbai micro market where they have established their presence. Company is focused primarily on value luxury, luxury segments and commercial segment. Company is now venturing into residential real estate development in Bandra sub-market. The focus area of operation is the South-Central region in Mumbai mainly consisting of Mahim, Matunga, Dadar, Prabhadevi and Parel, as their expertise lies is in the redevelopment of tenanted properties. Since most of the land parcels in the South-Central Mumbai market are in the nature of redevelopment projects, company’s core competence lies in tenant settlement which is a key element for unlocking value of such land parcels. Suraj Estate Developers identify properties having cessed/ non-cessed structures with existing tenants, and tie up with the landlords of such tenanted properties by entering into development agreement or on outright purchase basis through conveyance deed.
Since incorporation, Suraj Estate Developers have completed over 42 projects with a developed area of more than 1,046,543.20 square feet in the South-Central Mumbai region. In addition to the completed Projects, the company has 13 ongoing projects with a developable area of 2,034,434.40 square feet and saleable RERA carpet area 609,928 square feet and 18 upcoming projects with an estimated carpet area of 9,01,307square feet.