Mumbai
₹ 13,835 /gm (1.30%)
Indian real estate magnate Chandru Lachmandas Raheja, chairman of K Raheja Corp and a prominent billionaire, has significantly influenced the industry. Born to Lachmandas Raheja in 1941 and a University of Mumbai law graduate, he pioneered developments in India's real estate landscape after establishing his firm in 1996. Under his leadership, K Raheja Corp flourished, spawning innovations such as Shoppers Stop in 1991, InOrbit malls, and the eco-conscious Mindspace IT parks. Chandru, along with his wife Jyoti and sons Ravi and Neel, continues to drive the company's growth.
October 01, 1940
85 years
Real Estate
Real Estate
India
Mumbai
LLB, University of Mumbai
Jyoti C. Raheja
2 sons
Lachmandas Raheja
Chandru Lachmandas Raheja, a prominent Indian billionaire businessman and the chairman of K Raheja Corp, was born in 1941. He is the son of Lachmandas Raheja and has four brothers. Growing up in a business-oriented family, Chandru Raheja developed a strong interest in entrepreneurship from an early age.
Chandru Raheja: Family
Chandru Raheja is married to Jyoti C. Raheja, and together they have two sons, Ravi and Neel. Both Ravi and Neel Raheja hold significant positions within K Raheja Corp, serving as group presidents and contributing to the company's continued success.
Chandru Raheja: Career Highlights
After completing his bachelor's degree in law from the University of Mumbai, Chandru Raheja embarked on his professional journey. In 1996, following a split in the family business, he established his own real estate firm. This marked a pivotal moment in his career, as K Raheja Corp emerged as the largest entity among those formed after the division.
Under Chandru Raheja's leadership, K Raheja Corp achieved remarkable progress in both residential and commercial real estate sectors. He ventured into diverse segments, expanding the company's portfolio and solidifying its position as a leading player in the industry.
Chandru Raheja: Companies
Chandru Raheja's entrepreneurial spirit led to the establishment of several notable companies. In 1991, he founded Shoppers Stop, a renowned departmental store chain that has become a household name in India. Recognizing the potential of the retail sector, he further expanded into building malls, with the launch of InOrbit in 2004.
Additionally, Chandru Raheja played a crucial role in developing the Mindspace brand, which focuses on acquiring land for IT Parks. Through Mindspace, he demonstrated his commitment to sustainability by promoting green building practices and incorporating eco-friendly features in the company's projects.
Chandru Raheja: Major Achievements
Chandru Raheja's contributions to the real estate industry have been widely recognized and celebrated. He has been instrumental in transforming the urban landscape of India, creating iconic structures and shaping the country's infrastructure.
His visionary leadership and innovative approach have positioned K Raheja Corp as a leading real estate conglomerate.
Chandru Raheja: Awards & Achievements
Chandru Raheja's exceptional achievements have garnered numerous accolades and awards. He has been honored with prestigious recognitions, including the Padma Bhushan, one of India's highest civilian awards, for his contributions to trade and industry.
Chandru Raheja: Personal Life & Legacy
Beyond his professional accomplishments, Chandru Raheja is known for his philanthropic endeavors and commitment to social welfare. He actively supports various charitable organizations and initiatives, demonstrating his dedication to giving back to society. His legacy extends beyond his business success, as he continues to inspire future generations of entrepreneurs and leaders.
Chandru Raheja: Trivia
Chandru Raheja is an avid art collector and has a passion for classical music. He is also known for his love of traveling and exploring different cultures.
Chandru Lachmandas Raheja was born.
Established the departmental store chain Shoppers Stop.
Established his own real estate firm after the family business split.
Expanded into building malls like InOrbit.
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