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Asit Koticha - chairman of Pashmina developers
luxury apartments

The Pashmina Advantage

The very raison d'etre of Pashmina Developers is to delight the customer by offering what we call The Pashmina Advantages. Its four dimensions are:

Transparency:Our customers know what we know

Value for Money:The value of our deliverables is more than the value of our receivables

Highest Quality:Each project of ours is a benchmark in its class & range

Timely delivery:We hand over possession on or before the committed date. Period.

The Board

Quality of an organization is a reflection of the quality of its management. Today the Pashmina Group has a dedicated and experienced team employed in its diverse community, led by the visionaries who are designing the group’s growth. The promoters of Pashmina Developers have been organization-builders in India who have made an indelible mark in the corporate world. The key members are

  • Asit Koticha - chairman of Pashmina developersAsit Koticha,(Chairman)

    Mr. AsitKoticha is the Chairman and founder promoter of the Pashmina Builders & Developers. He has over two and half decades of experience in the Indian capital market and is highly regarded in the Indian financial markets. He has featured in CNBC TV18’s “Wizards of Dalal Street”. Over the years the group under Mr. Asit’s mentorship has developed independent and focused expertise in the areas of Equity Research, Asset Management (both Equities and Real Estate).

  • Rajesh Turakhia

    Mr. Rajesh Turakhia is the Director of Pashmina Builders & Developers, one of the young and fastest growing real estate players in the country. Mr. Turakhia’s association with Pashmina goes back to the time of its inception in 2007 and he has continued to play a pivotal role in corporate strategy, diversification of product lines and identifying new geographical opportunities. His major contributions have been in the space of land acquisitions, product planning, execution, sales and setting up world class processes in the company.

    Mr. Turakhia has been the force behind the exceptional growth that the company has witnessed since its inception. Under his leadership, the company is developing real estate over 5 million sft in both Mumbai & Bangalore with corporate manpower strength of over 150 people.

    Mr. Turakhia is a man of both vision & attention to detail and is known for driving a culture of innovation within the company. Involved in the day to day working of the company, he has personally overseen the establishment of technology and processes including project management information systems, sophisticated quality evaluation procedures and ERP structures across departments, this has infused a higher degree of collaboration and enhanced productivity at Pashmina.

    An entrepreneur in the real sense of term. Mr. Turakhia is the founder of Frameboxx Animation & Visual effects – one of the India’s leading animation and visual effects TRAINING company with more than 50 centres in India and overseas imparting training to over 4000 students, he also headed one of the largest production house in India – Maya entertainment Ltd and turned around the fortunes by making it one of the most profitable and reputed company in the entertainment business. He also founded MAAC which was the training institute division which also launched over 50 centres during his stint at Maya. These two premier institutes have given over 50000 trained professionals to the industry.

    A dynamic business leader, he is deeply passionate and committed to his endeavours and highly regarded in the industry and respected amongst his peers. He holds an MBA from University of Hartford, USA and is an alumnus of the Sydenham College and Government Law College, Mumbai.

  • Dr Rajendra Singh - Pashmina developersDr. rajendra singh

    A Doctor by profession and a Medical consultant to The Indian Smelting & Refining Co. Ltd.-Bhandup.An educationist and Chairman Trustee of Jhunjhunwala Hindi Vidya Mandir & Junior College.

The Management

  • Haresh Kumar (CEO)

    Mr. Haresh Kumar’s expertise is in conceptualization and commissioning of projects through a matured, systemized result oriented approach. He has over 37 years of experience in the real estate industry and has overseen completion of over 15 million sqft of projects during his tenure.  He has excelled in various genres of real estate industry like Finalization of lands , Business development, sales and Marketing ,operations, construction, project management, Before joining Pashmina Developers Mr. Haresh Kumar was with Shapoorji Pallonji as Project Director. His vast experience also includes working with Larsen and Toubro, Golden Gate properties, Skyline Construction and Adarsh Developers amongst others.