Bharat Dhuppar joins as CEO, Omkar Realtors & Developers

 

Mumbai, 22^nd April 2019: Bharat Dhuppar, after a gap of 3 years joins back Omkar as CEO, Western Region (Flagship Alta Monte & Signet projects) having previously served the brand as Chief Project Officer (CPO) Omkar Worli, 1973 and Chief Marketing Officer (CMO).

Prior to his new role, he worked as the CEO at Sheth Creators and Group CEO Raiaskaran. At Omkar, he takes on the mantle of CEO (Flagship Alta Monte & other Malad projects). He will also be overseeing overall brand’s sales, marketing, CRM and CSR functions for the western region. Says Bharat Dhuppar: Though away for three years, Brand Omkar was always a part of me. I see a strong upswing in the real estate market post elections, and it gives me an opportunity, once again, to create the same magic, rather many folds. Omkar is one of the very few developers that has a strong book value and with strategic tie-ups will bring in a good amount of liquidity which will help in creating a much stronger brand and a step-growth trajectory.

Adds Babulal Varma, Managing Director, Omkar Realtors, “Bharat has been an integral part of the growth story of Omkar. Post a long lull, the realty industry is set for growth and we have focused on joint ventures to boost liquidity for on-going projects completion and launching new projects. Bharat’s key strengths in sales and marketing augurs well for our plans to launch a range of project in the near future”.

  

Bharat’s corporate career graph includes realty and hospitality majors like The Chatterjee group, Lodha, Taj and Oberoi Hotels. Felicitated with Marketer of the year award by Realty Plus for 3 consecutive years, his expertise spans biotech parks, SEZ, townships, mixed-use developments, residential, retail and commercial. He can be reached at bharat.dhuppar@omkar.com.

About Omkar Realtors & Developers Pvt Ltd: Mumbai-based Omkar Realtors & Developers Private Limited (ORDPL), commenced its operations in 2003. The company is promoted by second generation entrepreneurs backed by five decades of business heritage and strong financials. The company’s expertise is showcased through an array of residential and commercial projects with an estimated land-bank inventory of over 40 million sq. ft, spread across most premium locations in Mumbai.  Over the last couple of years, the brand has been consistently amongst the top 3 selling realty brands in India’s premier realty market with its market leadership in Redevelopment, Luxury and Boutique offerings in the residential and commercial space.

Today, Brand Omkar has successfully designed projects aimed at luxury gated communities. This includes its most anticipated ultra-luxury residential development Omkar 1973 Worli and the largest and tallest luxury gated community in Mumbai’s suburbs, Omkar Alta Monte. Other key projects include Omkar Meridia and VIVE (Near BKC), Vayu (Mahim), Veda (Parel) and Ananta (Goregaon East), Crescent Bay (Parel) - JV with L&T Realty, Dhobighat (Mahalaxmi) Majaswadi (Jogeshwari East) and Signet by Omkar (Malad East).

It has already delivered 15 projects in Mumbai and is currently developing another 6 projects with major emphasis on boutique luxury & lifestyle housing space. The company plans to complete development of 20 million sq. ft., area by 2018 in Mumbai with an additional pipeline of 40 million sq. ft. to follow. Omkar enjoys the market leadership in Mumbai’s re-development space having rehabilitated more than 60,000 slum dwellers in Mumbai’s under the Maharashtra government’s Slum Rehabilitation Authority (SRA) housing scheme. The company plans to house another 12,000 slum families across company’s newer sites in next 2-3 years which are in different stages of development.

In mid-2017, the brand achieved a record sale of 580 units within a 15-day timeline, for its boutique luxury residential project “Signet” at Malad East, adjoining the Western Express Highway.

The company has collaborated with globally leading design firms including Foster + Partners (architecture/UK), Buro Happold (structural engineering/UK), HBA (Interiors/UK), LDA(Landscape/UK), DHA (lighting/UK), ESPA (Spa/UK), Barkley (Pet services/USA), Deeproots Landscape (Singapore), KPM Engineering (Services & Structural engineering/UAE), GOCO Hospitality(Thailand), L&T (Construction/India) amongst others.

Omkar’s 1000 plus-strong professional work force is headed by Mr. Kamal Gupta (Chairman) and Mr. Babulal Varma (Managing Director) along with six directors on the board.