Gera Developments appoints Gulzar Malhotra as CEO

Mr Gulzar Malhotra, CEO – Gera Developments

Enhances Leadership team to fuel growth

Gulzar Malhotra, FRICS, to drive operations with a continued focus on customer centricity.

Pune (Maharashtra) [India], May 27: Gera Developments, pioneers of the real estate business and the award-winning creators of premium residential and commercial projects in Pune, Goa, Bengaluru and California, has announced the appointment of Mr Gulzar Malhotra as its Chief Executive Officer. Gera Developments has hired a non-family CEO to successfully drive the company’s operations with a continued focus on customer centricity and to build on the other core values of trust, innovation and quality. This is a big move considering that the company is at an inflexion point of witnessing exponential growth in the Pune realty market and transformational changes within the organisation. Gulzar Malhotra will report to Rohit Gera, Managing Director, Gera Developments.

Commenting on the CEO appointment, Mr Rohit Gera, Managing Director of Gera Developments, said, “We are excited to welcome Gulzar Malhotra as our first non-family CEO. Mr Malhotra brings with him a wealth of experience in the real estate industry, having previously held leadership positions in several prestigious companies. Being an Architect and having worked in Architecture, real estate development, consulting and private equity, Gulzar’s comprehensive understanding of the development value chain, from project feasibility to construction management and sales, real estate advisory & valuation, positions him well to steer Gera Development’s to scale greater heights. It is a milestone for any family business when the mantle is handed over to a non-family member to take the business to greater heights. We are at an inflexion point from a growth perspective, and I am confident that his strategic approach, coupled with his ability to motivate and communicate, will contribute significantly to our continued growth and success. I wish him all the best as he embarks on this journey of steering the company to create a sustainable business with sales and profit growth and value for all stakeholders in the coming decade.”