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SP Real Estate rejigs top deck with two CEOs

Mint Hyderabad

|

April 28, 2025

Both CEOs will report to Venkatesh Gopalakrishnan, MD, SPRE, and director, group promoter's office

- Madhurima Nandy

Shapoorji Pallonji Real Estate Pvt. Ltd (SPRE) has created a new leadership structure with two chief executive officers reporting to the company's managing director, two people aware of the matter said.

Sriram Mahadevan, managing director of SPRE's mid-income housing platform Joyville, will be chief executive officer (CEO) in addition to his current position. Sumit Sapru, SPRE's earlier business head, will also be CEO.

Venkatesh Gopalakrishnan, who was managing director and CEO before the rearrangement, will now be managing director, SPRE, and director, group promoter's office. Both CEOs will report to him.

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