Shravan Gupta: A Profile of a Successful Businessman

Shravan Gupta is a successful businessman, who has founded and served as the MD of Emaar MGF Group and MGF Developments. Shravan Gupta is the current chairman of the Emaar MGF Land. He is also serving on various Boards at leading companies in India and abroad, making him an indispensable part of Indian industry today. In recognition of his outstanding service to business and society, he has been awarded various titles and honors over the years, including being given Padma Shri by the President of India in 2010, one of India’s highest civilian awards. Shravan Gupta is a successful businessman, who has founded and served as MD of Emaar MGF Group and MGF Developments. He is currently Chairman of Emaar MGF Land. He also serves on various Boards at leading companies in India. Learn more about him here! What Is Emaar MGF?: Founded by Shravan Gupta, his son Rahul Gupta, and their friend Ajay Piramal in 1989, Emaar MGF is one of India’s most prominent real estate developers. The company develops both residential and commercial properties across several Indian cities including Mumbai, Delhi NCR, Bengaluru, Hyderabad, and Pune. Their projects include malls, hotels, IT parks, and SEZs. How Did Emaar MGF Begin? After working for over two decades with Oberoi Realty (now Oberoi Constructions), an established real estate developer in India, Shravan Gupta decided to start his firm with his son Rahul and their friend Ajay Piramal. In 1989 they launched Emaar MGF to develop commercial property in Gurgaon under a joint venture with Dubai-based conglomerate Meraas Holding LLC. Since then, Emaar MGF has grown into one of India’s largest real estate development firms with a presence in four major cities. What Are Some Projects That Emaar MGF Has Undertaken? One of its first projects was developing a mall called Metropolis Mall in Gurgaon that opened in 1998. It soon started developing other retail spaces including Galleria Market Centre and South Point Mall.