Friday, Feb 7 2025 | Time 13:21 Hrs(IST)
image
Business Economy


India Sotheby’s International Realty appoints Gagan Randev as Executive Director

India Sotheby’s International Realty appoints Gagan Randev as Executive Director

Mumbai, Apr 26 (UNI) India Sotheby’s International Realty (India SIR) has appointed industry veteran Gagan Randev, as Executive Director.

Gagan, who has vast experience in the real estate and financial sector, will spearhead India Sotheby's International Realty’s efforts to be a force in the Real Estate Capital Markets business focusing on asset sales across different asset classes, land, funding, and cross border initiatives.

"We welcome Gagan Randev to the India SIR family. Gagan joins us with a clear purpose of creating a strong revenue generating commercial real estate vertical. His relationships with developers will also help broaden the residential sales practice of India SIR," said Amit Goyal, CEO, India Sotheby’s International Realty.

Speaking on his appointment at India SIR, Gagan says, “I’m excited to be on board with an iconic brand and an entrepreneurial team. India Sotheby’s International Realty has raised the bar of luxury residential transactions manifold in the country, bringing in a global level of professionalism and transparency. I look forward to spearheading the commercial transaction vertical and expand the developer project portfolio of luxury real estate. I also look forward to leveraging on Sotheby’s global network for cross border opportunities and mandates.”

Gagan brings over 25 years of experience across Real Estate and Financial Services. In the real estate domain, he has been involved in structuring of complex investor exits, sale of marquee assets, along with land sales and fund raising.

His immediately preceding association was with Colliers International where he National Director – Capital Markets looking after Asset Sales (commercial, retail and hospitality), Land Sales (including joint ventures and joint developments, development management agreements) and Fund Raising (equity/debt/mezzanine).



Gagan’s professional career included BPTP Ltd. (Director – Finance & Investor relations), Religare Securities (MD & CEO). His considerable banking experience includes RBS/ABN Amro Bank NV (SVP& Head – Branch Banking & Wealth management) and stints at Citibank N.A., and ANZ Grindlays Bank. He was also a key member of the founding team at Tata AIA Life Insurance.

Gagan Randev will be based out of India SIR’s Delhi office at Eros Corporate Tower, Nehru Place.

UNI JS SB 1232

More News
Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI

Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI

07 Feb 2025 | 12:10 PM

New Delhi, Feb 7 (UNI) Amid surge in digital frauds, the Reserve Bank of India (RBI) has asked banks and other Non-banking Financial Corporations (NBFCs) to continuously improve preventive and detective controls to mitigate cyber risks.

see more..
Industry hails RBI rate cut by 25 bps; it will real estate activity

Industry hails RBI rate cut by 25 bps; it will real estate activity

07 Feb 2025 | 12:09 PM

New Delhi, Feb 7 (UNI) The industry has hailed first rate by the Reserve Bank of India (RBI) first in five years by 25 bps from 6.50% to 6.25%, saying this coupled with relief in the income tax announced in the Union Budget will spur demand for homes and other activities leading to increase in consumption and activity and resultant economic growth.

see more..
India Inc hails repo rate cut, real estate firms see rise in housing demand

India Inc hails repo rate cut, real estate firms see rise in housing demand

07 Feb 2025 | 12:03 PM

New Delhi, Feb 7 (UNI) Welcoming the Monetary Policy Committee's (MPC) decision to cut repo rate, industry captains on Friday said that the move would provide relief to home loan borrowers, boost consumption, lift consumer sentiments and help the India story.

see more..

Allcargo Gati revenue up 6 pc at Rs 392 crore in Q3

07 Feb 2025 | 11:00 AM

New Delhi, Feb 7 (UNI) Express Distribution and Supply Chain Management company Allcargo Gati Limited (formerly Gati Limited) today reported 6 per cent year-on-year jump in revenues from operations at Rs 392 crore in the third quarter of current FY25, versus Rs 371 crore in the corresponding quarter of last financial year.

see more..
RBI cuts repo rate by 0 25 pc, first time in nearly five yrs

RBI cuts repo rate by 0 25 pc, first time in nearly five yrs

07 Feb 2025 | 10:50 AM

New Delhi, Feb 7 (UNI) Amid easing inflation pressure, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Friday decided to cut policy repo rate by 0.25% to 6.25% raising hopes of relief in loan EMIs.

see more..
image