Mohit Malhotra resigns as GPL’s CEO and Managing Director

04 Aug 2022 CW Team

Mohit Malhotra has resigned as Managing Director and Chief Executive Officer of Godrej Properties, effective December 31, 2022.

Gaurav Pandey, who is now the CEO-North Zone, will take over from Malhotra effective January 1, 2023.

The North Zone is now the fastest growing and most profitable zone at GPL, backed by strong business development, strategy, sales and execution excellence. In the five years of his leadership, the zone grew by 6x in booking value, 4x in collections, and imputed ROCE increased very significantly to 27%. In fiscal 2022, PAT for the North Zone was the largest contributor to GPL's P&L. The North Zone was the largest contributor to GPL's P&L..

Pandey served as the CEO of Burman GSC, a joint real estate venture between the Burman family and Golden State Capital, before joining Godrej Properties. Additionally, he served as Senior Vice President and Head of Research & Consulting at PropEquity, the largest real estate research company in India, where he provided real estate investment advice to private equity funds, mutual funds, foreign institutional investors, developers, NBFCs, and banks.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..