Shapoorji Pallonji Real Estate Appoints Dual CEOs to Strengthen Leadership
Shapoorji Pallonji Real Estate has recently made significant changes to its leadership structure, appointing dual CEOs to drive growth and innovation in the property markets of Mumbai, Pune, Bengaluru, Gurugram, Kolkata, Mysuru, and Nagpur.
Real EstateShapoorji PallonjiDual CeosProperty MarketsLeadership RestructuringReal Estate MumbaiApr 27, 2025
The appointment of dual CEOs, Aspi Sarvaria and Shantanu Paliwal, comes at a crucial time as the real estate market continues to recover and adapt to new challenges and opportunities. Aspi Sarvaria, with over two decades of experience in the real estate and construction sectors, is expected to bring a wealth of expertise and strategic vision to the role. Shantanu Paliwal, a seasoned professional with a strong background in project management and development, will focus on driving operational efficiency and innovation.
With a robust land bank of nearly 2,000 acres spread across the five major property markets—Mumbai, Pune, Bengaluru, Gurugram, and Kolkata, as well as large parcels in Mysuru and Nagpur—Shapoorji Pallonji Real Estate is well-positioned to capitalize on the growing demand for residential and commercial properties. The company's diverse portfolio includes high-end residential complexes, commercial spaces, and integrated townships, catering to a wide range of customer segments.
The dual CEO model is expected to bring a balanced approach to leadership, combining strategic planning with operational excellence. Aspi Sarvaria will focus on strategic initiatives, market expansion, and stakeholder engagement, while Shantanu Paliwal will handle day-to-day operations, project execution, and customer satisfaction.
Frequently Asked Questions
What is the significance of Shapoorji Pallonji Real Estate appointing dual CEOs?
The appointment of dual CEOs is a strategic move to combine strategic planning with operational excellence, enhancing the company's competitive edge and optimizing performance across its extensive property portfolio.
Who are the two new CEOs appointed by Shapoorji Pallonji Real Estate?
The two new CEOs are Aspi Sarvaria and Shantanu Paliwal, both seasoned professionals with extensive experience in the real estate and construction sectors.
What are the key markets where Shapoorji Pallonji Real Estate has a significant presence?
Shapoorji Pallonji Real Estate has a strong presence in the five major property markets—Mumbai, Pune, Bengaluru, Gurugram, and Kolkata, as well as in Mysuru and Nagpur.
What is the primary focus of Aspi Sarvaria in his role as CEO?
Aspi Sarvaria will focus on strategic initiatives, market expansion, and stakeholder engagement, bringing a wealth of expertise to the role.
What is the main responsibility of Shantanu Paliwal as a CEO?
Shantanu Paliwal will handle day-to-day operations, project execution, and customer satisfaction, ensuring that the company maintains the highest standards of quality and innovation.
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