Ashish KhandeliaFOUNDER
Ashish has over 20 years of experience with expertise in Real Estate Investing and Lending. In his earlier roles, he led RE businesses at KKR and Morgan Stanley Real Estate (MSRE) in India. He has ~US$1.9Bn of transaction experience and has been instrumental in building three businesses around real estate banking, equity investing and lending.
Ashish founded Certus Capital in July 2018, with a vision to build an integrated real estate investment management platform. He is a management graduate from Indian School of Business, Hyderabad and a Chartered Accountant.
Career Flashback
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2013 - 2018
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2006 - 2013
Morgan Stanley Real Estate, India- Head of Acquisitions
- Amongst the first two Indian employees to join MSRE and instrumental in building the business
- Was part of US$700MM+ primarily equity investments in various companies, including Oberoi Realty Ltd. and Panchshil Group, Pune
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2004 - 2006
Kotak Investment Bank- Associate
- Was instrumental in establishing Kotak’s real estate investment banking practice and executing one of the first entity-level PE investment in the Indian RE
- Prior to Kotak, Ashish worked with Ernst & Young between 1998 to 2004 in different roles across assurance services and investment banking
Past Investments
Few representative projects invested into by Ashish in his previous jobs.
Parthenon, Mumbai
Developer: Raiaskaran Group
Type: Luxury Residential
Size: 0.6MM sf
Karle Zenith, Bangalore
Developer: Karle Group
Type: Premium Residential
Size: 1.5MM sf
The Address, Mumbai
Developer: Wadhwa Group
Type: Mid-Market Residential
Size: 2.0MM sf
Vasant Oasis, Mumbai
Developer: Sheth Creators
Type: Mid-Market Residential
Size: 2.7MM sf
Bhartiya City, Bangalore
Developer: Bhartiya Group
Type: Mid-Market Residential
Size: 6.0 MM sf
Mantri Espana, Bangalore
Developer: Mantri Developers
Type: High End Residential
Size: 1.33 MM sq