AT THE DOUBLE
Construction Week|March 2022
K Jayakumar, senior MD, RMZ Corp, is marching intrepidly with a supercharged growth strategy while working on multiple projects
JAYASHREE KINI MENDES
AT THE DOUBLE

There’s one thing to be said about RMZ Corp: Their prudence in calculating risk, acting decisively and the ability to execute bold projects has catapulted them to heights hitherto un-seen. While good strategic management is essential for long-term business success, it also needs strong leadership skills to engage with stakeholders and customers and lead the company on the road it wants to take. This is where K Jayakumar, Senior MD, RMZ Corp, comes in. With nearly four decades of experience in construction and project management and international alliances, he is just the man to pull off all the ambitions that the corporate wants to achieve.

Over the last three years, RMZ Corp has been in the news for several reasons. It drew attention when it divested an 18% stake of its existing portfolio of assets to Brookfield Asset Management for $2 billion. At a time when the real estate industry was mulling ways to attract investors, RMZ raised the bar and set a new record. With a near debt free status, the organisation was now on its path to chart out the course to imagine, create & transform for the future. Jayakumar says, “Our plan is to reshape cities with a vision, and we have a supercharged growth strategy. We are one of Asia’s largest privately-owned developers, owners, and investors of real estate. Over the next decade, we want to grow exponentially and by 2032 achieve 350 million square feet of real asset portfolio globally as part of this strategy. This will mean investing $15 billion by 2025, with an annual capital deployment of $4 billion across asset classes and geographies.”

Today, the company owns 67 million sq-ft of assets worth $10 billion that are operational and under development.

FIRST GROWTH

Denne historien er fra March 2022-utgaven av Construction Week.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 2022-utgaven av Construction Week.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA CONSTRUCTION WEEKSe alt
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Construction Week

HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
4 mins  |
October 2024
INDIAN REAL ESTATE SET FOR BREAKTHROUGH: 16% GROWTH TO PROPEL MARKET TO $10 TRILLION BY 2047: COLLIERS-CREDAI REPORT
Construction Week

INDIAN REAL ESTATE SET FOR BREAKTHROUGH: 16% GROWTH TO PROPEL MARKET TO $10 TRILLION BY 2047: COLLIERS-CREDAI REPORT

Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability

time-read
5 mins  |
October 2024
GAUR NYC RESIDENCES
Construction Week

GAUR NYC RESIDENCES

Group's third ultra-luxury project

time-read
2 mins  |
October 2024
HIRANANDANI WOODSPRING
Construction Week

HIRANANDANI WOODSPRING

Hiranandani Woodspring by House of Hiranandani, located along the Bhiwandi-Kalyan corridor is spread across 4.5 acres. The premium residential complex is set to change the skylines of Kalyan with its neoclassical and meticulously crafted towers of 25-28 storeys.

time-read
1 min  |
October 2024
OPENING DOORS TO THE WORLD
Construction Week

OPENING DOORS TO THE WORLD

Aluk India opened its Home Experience Centre in Bangalore. It will offer partners and customers an insight into fascinating and unique products

time-read
4 mins  |
October 2024
OVER THE TOP
Construction Week

OVER THE TOP

Building bridges and flyovers that last decades is easy, if you follow stringent principles

time-read
4 mins  |
October 2024
RIGHT FROM UNDER
Construction Week

RIGHT FROM UNDER

When it comes to CE, excavators beat others hands down

time-read
7 mins  |
October 2024
THE POWER OF PERSISTENCE
Construction Week

THE POWER OF PERSISTENCE

Amit Jain, chairman & managing director, Arkade Developers, joined his father's real estate A pretty early on in his career. While his father entered the world of real estate in 1985-86 with single stand-alone buildings, Amit quickly learnt the ropes and joined his father after completing his graduation from Mithibai College.

time-read
6 mins  |
October 2024
SUSHMA GROUP ACQUIRES 59-ACRE LAND PARCEL
Construction Week

SUSHMA GROUP ACQUIRES 59-ACRE LAND PARCEL

The focus is on sustainable development and modern urban planning

time-read
1 min  |
October 2024
TREVOC GROUP SETS RS 1000 CRORE TARGET
Construction Week

TREVOC GROUP SETS RS 1000 CRORE TARGET

This project offers more than just luxury amenities

time-read
1 min  |
October 2024