REA India Appoints Amit Chand as Chief Financial Officer, Aiming to Revolutionize the Real Estate Sector

Housing.com and PropTiger.com have announced the appointment of Amit Chand as their new Chief Financial Officer. This strategic move is set to drive financial growth and innovation in the rapidly evolving Indian real estate market.

Real EstateCfoFinancial StrategyDigital PlatformsRea IndiaReal EstateMar 25, 2025

REA India Appoints Amit Chand as Chief Financial Officer, Aiming to Revolutionize the Real Estate Sector
Real Estate:The Indian real estate market is on the cusp of a significant transformation, and REA India, a leading player in the sector, is steering the change. REA India, the Indian subsidiary of REA Group, has recently appointed Amit Chand as its Chief Financial Officer. This appointment is a strategic move to enhance financial management and drive growth in the company's digital platforms, Housing.com and PropTiger.com.

Housing.com and PropTiger.com have been at the forefront of digitizing the real estate market in India. These platforms have revolutionized the way Indians search for and purchase properties, offering a seamless and transparent experience. Amit Chand's role as the new CFO will be crucial in ensuring that these platforms continue to innovate and expand, meeting the evolving needs of consumers and stakeholders.

Chand brings over two decades of experience in finance and leadership roles to his new position. His expertise in financial strategy, risk management, and corporate governance will be invaluable as REA India navigates the complexities of the Indian market. Prior to joining REA India, Chand served as the CFO of several prominent companies, including a stint at a leading technology firm where he played a pivotal role in driving financial performance and strategic initiatives.

In his new role, Chand will be responsible for overseeing all financial operations, including financial planning, reporting, and budgeting. He will also work closely with the executive team to develop and implement financial strategies that align with the company's long-term goals. Additionally, Chand will focus on enhancing the financial health of the company, ensuring compliance with regulatory requirements, and driving sustainable growth.

The real estate sector in India is vast and complex, with numerous challenges and opportunities. Urbanization, changing consumer preferences, and technological advancements are reshaping the market. Chand's experience in managing financial operations in dynamic environments will be crucial in navigating these changes. He will work to optimize the company's financial resources, enhance operational efficiency, and explore new business opportunities.

Speaking about his new role, Chand expressed his excitement and commitment to the company's vision. 'I am thrilled to join REA India at such an exciting time in the real estate industry. Housing.com and PropTiger.com are reshaping how Indians engage with property, and I look forward to driving financial growth and innovation. I believe that with the right strategies and execution, we can achieve significant success and make a positive impact on the lives of millions of Indians.'

REA India's CEO also welcomed Chand to the team, highlighting his expertise and the value he brings to the organization. 'Amit's wealth of experience and strategic thinking will be a significant asset to our team. His appointment underscores our commitment to financial excellence and our goal to be the leading real estate platform in India. We are confident that under his leadership, we will continue to drive growth and deliver value to our stakeholders.'

Housing.com and PropTiger.com have been instrumental in transforming the real estate market in India. These platforms provide a wide range of services, from property listings and virtual tours to mortgage and legal assistance. They have streamlined the property search and purchase process, making it more accessible and convenient for consumers. With the appointment of Amit Chand as CFO, REA India is well-positioned to continue its leadership in the digital real estate space and drive the next phase of growth.

As the real estate market continues to evolve, REA India remains committed to innovation and excellence. The company is dedicated to providing the best possible experience for its users and is constantly exploring new ways to enhance its platforms. With Chand's expertise and leadership, REA India is poised to achieve its ambitious goals and make a lasting impact on the Indian real estate sector.

Frequently Asked Questions

Who is Amit Chand and what is his new role at REA India?

Amit Chand is the newly appointed Chief Financial Officer (CFO) at REA India. He brings over two decades of experience in finance and leadership roles and will be responsible for overseeing all financial operations at the company, including financial planning, reporting, and budgeting.

What are Housing.com and PropTiger.com, and how do they contribute to the real estate market in India?

Housing.com and PropTiger.com are digital platforms that provide a wide range of services for property search, purchase, and management. These platforms have revolutionized the real estate market in India by offering a seamless and transparent experience for consumers.

What are some of the key responsibilities of the new CFO at REA India?

The key responsibilities of the new CFO, Amit Chand, include overseeing financial operations, financial planning, reporting, and budgeting. He will also work closely with the executive team to develop and implement financial strategies and ensure compliance with regulatory requirements.

How does REA India plan to drive growth and innovation in the real estate sector?

REA India plans to drive growth and innovation by leveraging digital platforms like Housing.com and PropTiger.com, optimizing financial resources, enhancing operational efficiency, and exploring new business opportunities. The company is committed to providing the best possible experience for its users and is constantly exploring new ways to enhance its platforms.

What challenges does the real estate sector in India face, and how will REA India address them?

The real estate sector in India faces challenges such as urbanization, changing consumer preferences, and technological advancements. REA India will address these challenges by focusing on financial health, compliance, and innovation. The company will work to optimize its financial resources and explore new business opportunities to drive sustainable growth.

Related News Articles

Gujarat's Realty Sector: A Beacon of Hope for the Future
Real Estate

Gujarat's Realty Sector: A Beacon of Hope for the Future

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

August 14, 2024
Read Article
Mumbai's Real Estate Market Sees Significant Land Sale: Nitco Ltd Sells Prime Kanjurmarg East Land to Runwal Group
Real Estate Mumbai

Mumbai's Real Estate Market Sees Significant Land Sale: Nitco Ltd Sells Prime Kanjurmarg East Land to Runwal Group

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

August 16, 2024
Read Article
Yatin Shah, Co-Founder of 360 ONE, Acquires Luxury Sea-View Penthouse in Worli for Over INR 158 Crore
Real Estate Mumbai

Yatin Shah, Co-Founder of 360 ONE, Acquires Luxury Sea-View Penthouse in Worli for Over INR 158 Crore

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

November 18, 2024
Read Article
Haryana RERA Imposes Rs 0.5 Million Fine for Delayed Reporting
Real Estate

Haryana RERA Imposes Rs 0.5 Million Fine for Delayed Reporting

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

December 4, 2024
Read Article
Pune Tops Indian Real Estate Market for Senior Living Homes: Credai-KPMG Report
Real Estate Pune

Pune Tops Indian Real Estate Market for Senior Living Homes: Credai-KPMG Report

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

March 10, 2025
Read Article
Demand for Strict Punishment: Families of Mumbai Attack Victims Insist on Extradition of Tahawwur Rana
Real Estate Mumbai

Demand for Strict Punishment: Families of Mumbai Attack Victims Insist on Extradition of Tahawwur Rana

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.

April 10, 2025
Read Article