Early Life
Chandru Raheja was born in Karachi, Sindh Province (then part of British India), in 1940. His family, part of a Sindhi Hindu business community, relocated to Mumbai after the Partition of India in 1947. He completed his LLB from the University of Mumbai.
Rise to Success
Raheja entered the family business after completing his law degree. In 1996, he established K Raheja Corp independently, marking a pivotal shift from the family's original enterprise. Under his leadership, K Raheja Corp expanded significantly, diversifying into commercial office spaces, retail (Shoppers Stop), and hospitality (Chalet Hotels). The company's Mindspace Business Parks REIT, co-owned with Blackstone, was listed in 2020.
Key Business Strategies
Raheja's strategic approach involved focusing on high-end residential and commercial properties, capitalizing on India's economic reforms and urbanization. The company expanded its portfolio to include landmark developments in Mumbai, Hyderabad, Pune, and Bengaluru. His ventures included the development of Mindspace Business Parks, which later became a REIT.
Philanthropy
Chandru Raheja and K Raheja Corp are known for their philanthropic efforts. Details of specific amounts are not available, but they have contributed to various social causes through their initiatives.
