A Real Estate magnate and a visionary, Mr. Harresh Mehta is also a prudent investor, risk-taker, and pioneer in Re-development space. He is the CMD of Rohan Lifescapes.
2. ABOUT HARRESH MEHTA
Chairman &
Managing Director
Of Rohan Lifescapes
• Harresh Mehta is a prudent investor, risk-taker, and pioneer in
the Re-development space. He is the CMD of Rohan Lifescapes. A
Real Estate magnate and a visionary, he is an influential figure in
the Indian real estate industry.
• Mehta, bored with his family business, began importing
photocopying machines into Mumbai in the early 1980s, at the
height of India's closed quasi-socialist economy. He continued in
the business for a long time, but the profit margins began to
dwindle as time went on. He thought that as long as the profit
margin is high, He is willing to take risks. That's probably his
racing slogan as well.
3. Mehta, bored with his family business, began
importing photocopying machines into Mumbai
in the early 1980s, at the height of India's
closed quasi-socialist economy. He continued in
the business for a long time, but the profit
margins began to dwindle as time went on. He
thought that as long as the profit margin is
high, He is willing to take risks. That's probably
his racing slogan as well.
In fact, his first real estate investment came
from a Mr Parikh, a racecourse friend, for whom
he sold a building, the first of many profitable
investments in the 1980s and 1990s when
Mumbai's real estate market and middle classes
opened up to the global economy. He learned
the worked out how to do things throughout
the years.
4. With just over a decade in the
South Mumbai Redevelopment
Space the track record is
impressive:
27 projects, 6.5 Mn sq. ft., 5000
customers and a land bank of over
50 iconic land parcels across the
MMR region such as Breach
Candy, Malabar Hill, Chowpatty,
Hughes Road, Worli, Prarthana
Samaj, Santacruz and Powai.