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 Ramkrishnan, a veteran of real estate sector, with over 30 years of experience across different businesses, with most of it in real estate under various avatars. CR Realty, headquartered in Mumbai, made an entry into the real estate business in 2014.
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 :
Using balance sheet of CR Realty for:
To set up an:
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 Business Park in Mumbai
Acquired 100 acres land in Bengaluru
Delivered Waidhan Residential Township,MP
Delivered Equinox Techpark in Bengaluru
Delivered Phase 1of Vadinar Township in Gujarat
Launched Water’s Edge Residential project in Bengaluru
Acquired assets and Property Management of Aegis
Acquired and Launched The Hamlet & The Big Tree in Bengaluru
Got HDFC as lending partner
Launched Primo in Mumbai
Gave Exit IIFL Fund in 2016 & Edelweiss in 2018
Acquired 8 acres land in Thane
Sold 8 acres land to Godrej
Acquired Meluha in Mumbai + 4 projects in Pipeline
Delivered The Hamlet in Bengaluru
Execution started in May 2024
Launched Meluha in October 2024
Founder and Managing Director of CR Realty, started this venture in 2014 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.
Founder and Managing Director of CR Realty, started this venture in 2014 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.