Since its inception in 1968, Ajmera Realty & Infra India Ltd has been a pivotal force in shaping Mumbai’s real estate landscape, transitioning from a modest beginning to a conglomerate with a pan-India and global presence. The company’s vision, spearheaded by its founders, including the late Chhotalal S Ajmera, and Rajnikant Ajmera, has focussed on creating quality, value-driven living spaces.
Ajmera’s journey is marked by its strategic approach to real estate, which includes a strong focus on mid and budget residential segments, as well as high-end and luxury projects. It has earned numerous accolades, including the ‘Integrated Township Project of the Year’ for Ajmera Manhattan and the ‘Residential Real Estate Developer of the Year’ award in 2023.
Ajmera Realty’s most significant contribution to the Mumbai market is the transformation of the micro market of Wadala. In the mid-1990s, it pioneered large-scale development in the area with its Bhakti Park Complex, effectively laying the groundwork for what would become a prime residential and commercial hub. Its luxury project, Ajmera Manhattan, has become a landmark, solidifying Wadala’s status as a desirable location. The project was recognised as the ‘Integrated Township of the Year’.
Also read: How Ajmera Realty has managed to outperform the market
A key figure at the helm of Ajmera Realty is Rajnikant Ajmera, who serves as chairman and managing director. A civil engineer with over 45 years of experience, he has been instrumental in the company’s expansion. He has also been president of the Maharashtra Chamber of Housing Industry and vice president and president at the Confederation of Real Estate Developers Association of India.
Dhaval Ajmera, a second-generation leader at Ajmera Realty, holds an MBA in financial management from Cardiff University in the UK. He joined the family business in 2003 and serves as a director at Ajmera Group of Companies. He is also a promoter of Ajmera Global School. Under his leadership, the group has launched and completed various residential and commercial developments in India and internationally, including Ajmera Pristine, Regalia and Yogi Nagar Township in Mumbai. He is also involved in the marketing and strategic growth initiatives.
Ajmera Realty also places a strong emphasis on ESG, sustainability and CSR. Its CSR efforts, often channelled through the Samjuben Shamalji Ajmera Trust, focus on key areas such as education empowerment, health care accessibility and rural development.
The company has also integrated sustainability into its business model by undertaking green building projects with prestigious IGBC certifications. A notable example is its investment in solar power to supply clean energy to the Rajasthan grid.
First Published: Oct 03, 2025, 15:58
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