MUMBAI, 25 AUGUST, 2021 (GPN): Mr. Vinod Rohira, CEO, Mindspace Business Parks REIT, shares his comment on NSE’s revised criteria to include REITs in NIFTY 500.

“We welcome this very encouraging step from NSE, which includes REITs in various Nifty indices with effect from Sept 30th. This would enable wider investor participation in REITs and consequently increased volumes, liquidity and better price discovery. REITs merit to be on the NIFTY indices, and this move will assist in widening investor participation for REITs at par with other equity options in India.”

PROFILE: Mr. Vinod Rohira
CEO – Mindspace Business Parks REIT 

Vinod Rohira is a key member of the leadership team that has built K Raheja Corp into one of the most respected and leading names of Indian real estate. It was he who pioneered the concept of landmark business districts, premium residential and retail complexes, which have become benchmarks in Indian real estate. 

Equipped with an MBA from Booth School of Business, Chicago, and a law degree from the Mumbai University, Vinod began his career with the K Raheja Corp, over two decades ago. Over the years, he has created powerful brands in Residential and Commercial Real Estate, infusing each with its unique brand identity.

A fine example of his work philosophy has resulted in building brand ‘Mindspace’ – with the idea of establishing self-contained world-class business districts, across cities; a concept which has completely revolutionized the Commercial Real Estate sector in India. Vinod’s idea of integrated business districts was prescient, conceiving a new-age philosophy of ‘live-and-work in India’.

If there is a project that can define Vinod, it would be the ultra-luxury residential complex, ‘Vivarea’ at Mahalaxmi, Mumbai. The residential complex now stands tall as an extraordinary approach to urban living, making it the beacon of premium residences. Vinod has also played a vital part in the Company’s initial move toward retail development and has been instrumental in shaping the prominent shopping destination that is known to all as Inorbit Malls. 

Having led the development of Grade A commercial real estate across the country, and the listing of Mindspace Business Parks REIT on the Indian stock exchanges, his current focus is on driving the commercial business’ strategic operations with an emphasis on stakeholders’ management and business development. 

It is said that visionaries build what dreamers imagine. Have one look at the projects that Vinod has curated, and you will understand how masterpieces are created with much more than brick and mortar! ENDS

Ref announcement by NSE – https://static.nseindia.com/s3fs-public/2021-08/ind_prs23082021.pdf