CR Realty will be a development platform of choice acknowledged for our transparency, accountability and ability to create value for our various stakeholders.
To be an integrated development and asset management company, continuously building capabilities to manage the entire investment and project life cycle across the asset classes and geographies we operate in.
Steered by Cherag Ramakrishnan, a veteran of real estate sector, with over 30 years of experience across different businesses with 28 years of experience in real estate under various avatars.
CR Realty, headquartered in Mumbai, made an entry into the real estate business in 2013. A young and professionally managed organization, CR Realty will focus on projects spanning across asset categories. Under its present growth plans, it plans to develop Grade A projects in Mumbai, MMR, and Bengaluru.
The company functions on modern technological systems, contemporary management practices and professional team with extensive functional experience across disciplines.
CR Realty is in the process of delivering its first set of projects across Bengaluru and Mumbai, totally 0.6 Mn Sq. Ft approx. The company has started delivery of its 1st residential project in Bengaluru, The Hamlet, a luxury residential project in Sadashiv Nagar. The Big Tree, a multi-storeyed residential development in Jayanagar is under completion. In Mumbai, PRIMO a residential project in Bhandup (West), is scheduled to be delivered by Dec 22.
CR Realty in line with its objectives is also now focussing on the small/middle size commercial market in Bengaluru.
Portfolio | 0.6 Mn Sq.Ft |
---|---|
Presence | 2 States |
Capital Outlay | 200 Cr |
Employee | 40 |
Development Themes
Undertaking development for a pre-defined fee and share of the upside :
To set up an:
Undertaking development for a pre-defined fee and share of the upside :
Multi-Asset Focus
Undertaking development across strategic location
Undertaking development in city center
Undertaking development sub prime / suburbs and
outskirts of the city
Ramon Property
Services Company
Founded Equinox
for Essar Group
Acquired and launched Equinox Business Park In Mumbai
Acquired 100 acres Land in Banglore
Delivered Waidhan Residential Township, MP
Delivered Equinox Techpark In Banglore
Delivered Phase 1 of Vadinar Township in Gujarat
Launched Water's edge Residential project in Banglore
Acquired Assets and Property Management of Aegis
Acquired and Launched The Hamlet & The Big Tree in Bengaluru
Got HDFC Ltd. as lending Partner
Launched Primo in Mumbai
Gave Exit IIFL Fund in 2016 and Edelweiss in 2018
Acquired 8 acres land in Thane
Sold 8 acres land to Godrej
Delivered The Hamlet in Bengaluru
Acquired Meluha in Mumbai + 4 Projects in Pipeline
Delivery (ongoing) The Big Tree in Bengaluru
Founder and Managing Director of CR Realty, started this venture in 2013 with the vision to become a development manager of choice for capital wanting to be a part of the realty sector growth story in the coming decades.
In past, Cherag was CEO for Equinox Realty (venture by Essar Group), where he was responsible for setting up the development platform. He had successfully developed 15 million sq.ft across 6 states.
A development outlay of approx. USD 600 mn and a team of approx.. 180 professionals.
Has been one of the prominent Snooker players of India for over a decade and has recently won his first International Medal for India; partnering legendary cueist Geet Sethi to win a BRONZE at the World Team Snooker Championships.
Co-founded kheladi.com with Geet Sethi, bought by sift at 7x the capital.