Prudent Pursuits

Akshay Dewani, CEO, residential and partner, Assetz Property Group, believes that today’s real estate companies must stay versatile and nimble

- Jayashree Kini Mendes

It is not uncommon for Indian consumers to know a particular company for any single product or service they offer. Few can relate to its other businesses easily. More so, Indian real estate developers have not shown an eagerness to dabble in other businesses, despite a volatile market. Assetz Property Group has shown the way, and how.

Akshay Dewani, CEO, residential and partner, Assetz Property Group, may be leading the residential business for the Group, but he’s equally resourceful when it comes to discerning its other businesses such as commercial, warehousing and fund management. The Group has been highly active across all sectors and today balances each portfolio deftly. Dewani says, “The core group comprises seasoned professionals and when we started out in 2006, we naturally veered toward commercial developments as Bengaluru was then known for. There were ample opportunities in commercial developments then.”

The core team of the firm comprises Ben Salmon, group CEO & partner and Jagannath Shetty, group CFO & partner, who are hands-on across decisions and future plans. Salmon as co-founder and group CEO plays a pivotal role across business verticals and functions of the company. He is instrumental in the successes of the brand, while Shetty plays an important role in the overall day-to-day activities of the businesses. Success for the company comes through its ‘Better Design’ and evident in all its properties. This principle also reflects in every facet of construction – from the master plan, development strategy, architecture, location, property management.