Transindia Real Estate appoints Ram Walase as chief executive officer

Transindia Real Estate(formerly known as Transindia Realty & Logistics Parks), an Allcargo Group company has appointed Ram Walase as chief executive officer.

As the CEO of Transindia Real Estate, Ram will manage P&L responsibility, spearhead business growth and financial strategies for the Group's real estate arm and collaborate with Jatin Chokshi, managing director, Transindia Real Estate to identify land banks, execute logistics & infrastructure projects, explore PPP opportunities and participate in the government’s asset monetization plans.

Ram, an alumnus of IIM Mumbai, formerly NITIE, brings with him 25 years of leadership experience across various sectors including real estate, infrastructure, project finance, public-private partnerships, and consulting. Before joining Allcargo Group, Ram worked as Managing Director & CEO at VBHC Value Homes Private Limited.

Chokshi said, "Ram's arrival marks a strategic move aimed at strengthening our real estate plans and operational efficiency at Transindia. Ram, with his rich experience in the real estate industry and infrastructure, will help us drive growth for our real estate business. I welcome Ram to the Allcargo Group family and we wish him success in his new role."

Walase said, "I am excited to be a part of the Allcargo Group and Transindia Real Estate. Transindia Real Estate has emerged as a key player in warehousing and commercial industry. The role offers me an opportunity to drive the company's goals in developing cutting-edge logistics assets and expand its range of investments in the real estate sector."

After the recent restructuring, the Allcargo Group founded and promoted by its chairman Shashi Kiran Shetty has been demerged into four listed strategic business undertakings - Allcargo ECU, Allcargo Logistics, Allcargo Terminals and Transindia Real Estate.