Early Life
Chandru Lachmandas Raheja was born in 1941 in Mumbai, Maharashtra, India. He comes from a business-oriented family. His father, Lachmandas Raheja, founded the K. Raheja Group in 1956. Chandru holds a bachelor's degree in law from the University of Mumbai.
Rise to Success
Chandru Raheja established his own real estate firm in 1996 after a split in the family business. Under his leadership, K Raheja Corp has become a leading developer in India, with a portfolio including office spaces, malls, hospitality, and residential developments. Raheja has been instrumental in transforming the urban landscape of India. He is known for his IT parks, hotels, malls, and the department store chain, Shoppers Stop. Raheja also spearheaded the retail business in India by introducing the 'Shoppers Stop' retail chain.
Key Business Strategies
Raheja’s key business strategies have focused on strategic leadership and understanding of the evolving real estate market. The diversification of the company into multiple sectors has been a key to its success. K Raheja Corp operates its commercial business under the brands Mindspace and Commerzone. In 2020, Raheja listed part of his commercial properties under the Mindspace Business Parks REIT. K Raheja Corp has also partnered with institutional investors.
Philanthropy
Chandru Raheja is known for his philanthropic endeavors, and commitment to social welfare. He supports various charitable organizations and initiatives, demonstrating his dedication to giving back to society. He does charity to the Diabetic Association of India and runs a few educational institutions, schools, an NGO and a hospital for the betterment of the society.
