Omaxe appoints Abhinav C Ajmera as President- Leasing

NEW DELHI: India’s leading real estate developer Omaxe Ltd. has appointed top management professional Abhinav C Ajmera as President- Leasing.

With an excellent career spanning over 25 years, Ajmera will be responsible for strengthening the leasing operations and in helping the group to infuse new energy in the company’s commercial & retail real estate division.

The leasing of the company’s upscale project Omaxe Chowk in Delhi’s Chandni Chowk is all set to begin soon and it hopes that this new association will give fillip to the company’s ambitious plan for bringing in new brands through shop zoning and product placement thereby changing the shopping landscape in this heritage location.

Commenting on his appointment, Siddharth Katyal, Group Director, Omaxe Ltd, said, “I am extremely delighted to welcome Mr Ajmera to the Omaxe Group. We are confident that with his impeccable expertise in shopping centre development, retail leasing, marketing with dynamic, result-oriented business leadership, the company will scale new heights. Omaxe is constantly setting new benchmarks in commercial real estate with projects like Omaxe Chowk in Delhi and Omaxe World Street in Faridabad and we are looking forward to many more successes with this association in the near future.”

With a history of excelling in various roles, Ajmera has led comprehensive project development and leasing plans for shopping centres and mixed development projects and has formulated strategies to enable effective decision-making. Known for thriving in a competitive environment with end-to-end focus, he has essayed key roles in prominent real estate groups like Galaxy &Sawasdee, Mahagun, Gumberg India Private Ltd., M3M India Private Ltd and Pacific.

Ajmera, President-Leasing, Omaxe Ltd. said, “I am looking forward to an exciting journey with Omaxe Group. The company has already earned its name as one of the most credible and reputed real estate developers in the country. I hope with my experience in consistently achieving revenue, profit, and business growth objectives, I will be able to plan and execute innovative strategies to help the company set new milestones especially in commercial real estate.”

Omaxe Limited- a BSE & NSE listed company with a presence in 27 cities and 8 states – has delivered close to 126.15 million sq. ft. and is currently developing 23 real estate projects – 4 group housing, 14 townships and 5 commercial malls, offices and SCOs. The company is constantly setting new examples in CRE with its projects especially its multi-level parking-cum-commercial project Omaxe Chowk and themed high street project Omaxe World Street, Faridabad. Buoyed by phenomenal response, it is planning to sign up more brands in retail spaces in Amritsar, Ludhiana, New Chandigarh, Lucknow and Patiala.

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