Mr. Atul Chordia is one of the most respected names in the Indian real estate industry. He is the owner of the Panchshil Group. Panchshil has made significant changes to the infrastructure of Pune. Whether it’s office parks, hotels, residential buildings, or retail malls, Mr. Chordia has revolutionized the Pune landscape with Panchshil’s diverse portfolio.
Mr. Chordia started his journey by developing a residential project in Pune. He then expanded into other areas with the goal of improving the standard of living for many people. Today, Panchshil Group is focused on building office parks, residential buildings, hotels, and many other projects that are under construction.
In addition to being a member of the World Trade Center (WTC) Council, CREDAI-Pune, Young Presidents Organization, Pune, MCCIA, FICCI Real Estate Committee, and NAREDCO, Mr. Atul Chordia has received numerous awards and nominations.
He was a delegate at the Hotel Investment Conference South Asia (HICSA) and was nominated for the Ernst & Young Entrepreneurial Spirit Award in 2015. He was awarded the Legend of Maharashtra and Icons of Jain Samaj Award for his dedication and service to business development in Maharashtra and his contribution to India’s economy.
In 2017, he was awarded the Times Men of the Year Award and Asia One World’s greatest leaders. In 2018, he received the Business Impact of the Year Award in the ET Edge Maharashtra Achievers Awards. In 2019, he was awarded the Developer of the Year Award for The Ritz Carlton in the Hotelier India Awards.
In 2020, he received an appreciation award from Round Table India and JITO, Pune. In 2022, he received an award for leadership talk at Lexicon Management Institute of Leadership and Excellence and the Trinity Success Award as an excellent speaker at ITP Media, India. He was also honored with the Real estate Icons of Pune Award for the Year 2022 by The Times of India.
| Name | Mr. Atul Chordia |
| Date of Birth | March 13, 1965 |
| Education | Bachelors in Commerce |
| Institute | University of Pune |
| Children | Resham Chordia, Saniya Chordia |
| Company Name | Panchshil Realty |
| Total Real Estate Delivered | 29.5 million sq.ft |
| Real Estate Under Construction | 27.5 million sq.ft |
| Accomplishments |
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Projects led by Mr. Atul Chordia
Mr. Atul Chordia’s first residential project as a real estate developer was The Satellite Towers in Mundhwa, Pune. He continued his growth by developing a built-to-suit project for AXA Business Services.
In 2002, Panchshil opened the International Convention Centre (ICC), making it one of the largest convention centres in South Asia. In the same year, the company launched Tech Park One for IBM.
In 2004, Panchshil Realty received Foreign Direct Investment (FDI) from Merrill Lynch. The company also launched Oakwood Residence, Pune’s first internationally-branded serviced residence, in the same year.
In 2006, Panchshil launched EON Free Zone, India’s first IT & IT-eS SEZ, creating wealth assets and job opportunities. The company also introduced yoopune by Philippe Starck as India’s first internationally branded residence in the same year.
In 2008, Panchshil partnered with Marriott International to open Courtyard by Marriott, Pune’s first Marriott property. The Pune Marriott Hotel and Convention Center opened in 2010, as did Pune’s sole World Trade Center developed by Panchshil.
In 2013, the Pune Marriott Hotel and Convention Center was upgraded to JW Marriott. In the same year, Panchshil added the Trump Organization to its portfolio and introduced it to the country.
After acquiring Mumbai’s Express Towers in 2014, Panchshil signed an MOU with the Government of Maharashtra in 2015 to develop four IT parks across Mumbai and Pune. Panchshil acquired First International Financial Centre (FIFC), BKC, Mumbai in 2017, all three in collaboration with Blackstone.
Panchshil launched the world’s first Yoo-branded villas in 2018, followed by the opening of The Ritz-Carlton hotel in central Pune the following year. Panchshil also entered Maldives to build Amari Raaya, which began in 2019 and introduced the multi-utility SOHO concept in 2020.
Panchshil collaborated with GIC, Singapore, to build Eon West in 2021. Few of the many other Panchshil landmarks include Panchshil Towers, Panchshil Business Park- Phase 1 for Cummins India, Avant Garde (New Delhi), The Pavilion Mall, Panchshil Business Park- Phase 2, Futura and EON Free Zone- Phase 2.
Until now, Panchshil has delivered 29.5 million square feet of prime real estate across several asset classes in addition to the 27.5 million square feet it is currently developing.
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