All Together Now
The CEO Magazine India|June/July 2018

As CEO of Shapoorji Pallonji Real Estate, Venkatesh Gopalkrishnan maintains a tight-knit relationship with all stakeholders, to stay ahead of the competition.

Oliver Featherston
All Together Now

According to Venkatesh Gopalkrishnan, the real estate market hit something of a slowdown just before he joined Shapoorji Pallonji Real Estate (SPRE) in 2013. But thanks to a suitable portfolio, SPRE weathered the worst of the downturn and maintained a healthy business. So, while challenges lie on the horizon for Venkatesh, who is now SPRE’s CEO, he’s prepared to lead the company through it all.“We will have to differentiate our products, marketing techniques, selling strategies and ourselves. This is all to create a unique selling point for each and every project across the six million square metres we have to sell. And that will indeed be a challenge, but we are confident that we can do it,” explains Venkatesh.

Venkatesh is also wary of the market, which is growing, though not particularly quickly. “Another challenge is managing costs and profitability in a market that’s only growing very incrementally. And at the same time, commodity prices are increasing, especially that of steel and cement.”

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