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The Indian real estate sector is witnessing significant leadership changes at two prominent firms. Priyansh Kapoor, formerly Godrej Properties' Zonal CEO for the Mumbai Metropolitan Region, has been appointed as the new Whole-time Director and CEO of Arvind SmartSpaces (ASL), effective next month. His departure from Godrej Properties led to the appointment of Amitesh Shah as the new Zonal CEO MMR. Concurrently, Godrej Properties also announced Sandeep Navlakhe as its new Chief Operating Officer, following Vikas Singhal's resignation.
The Indian real estate sector has recently seen notable shifts in the leadership of two prominent development firms. Priyansh Kapoor, who previously served as the Zonal CEO for the Mumbai Metropolitan Region (MMR) at Godrej Properties, is now taking on a new challenge as the Whole-time Director and CEO of Arvind SmartSpaces (ASL). His new role with ASL is set to begin on August 9. Advertisement
Kapoor's departure from Godrej Properties, where his resignation became effective on July 18, prompted a series of new appointments within his former company. Amitesh Shah has been appointed as the new Zonal CEO for MMR at Godrej Properties, with his role commencing on July 19. Shah brings expertise in areas like project acquisition, particularly in the redevelopment sector, which is a key focus area for real estate growth in Mumbai.
In another key leadership change at Godrej Properties, Vikas Singhal, who served as the Chief Operating Officer, resigned, with his departure effective from July 31. Sandeep Navlakhe is set to take over as the new Chief Operating Officer at Godrej Properties from August 1. Navlakhe brings over three decades of operational experience from various companies, which will be valuable in his new role.
Priyansh Kapoor's move to Arvind SmartSpaces brings over 15 years of real estate experience to the company. His induction at ASL is part of the company's succession strategy, designed to ensure a smooth transition and future growth.
Kamal Singal, who has led ASL as MD and CEO, will continue as Managing Director and will also transition into a mentoring role for the leadership team.
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