Devika
Sadar Bazar
An organized commercial redevelopment inside one of Asia's oldest and busiest marketplaces, spanning roughly 4.5 acres with over 10 lakh sq. ft. of built-up retail, office and multi-storey parking space.
A new chapter in a Delhi real-estate legacy founded in 1954 — shaped by disciplined execution, strategic expansion and an evolving approach to commercial, retail, hospitality and mixed-use development.
Ankit Aggarwal is the Managing Director of Devika Group, stepping into active leadership in 2007 from the group's corporate headquarters at Devika Tower 6, Nehru Place, New Delhi.
He represents the next generation of a real-estate house whose roots reach back to 1954. His remit spans strategic planning, project execution and expansion across commercial, retail, hospitality and mixed-use development.
Under his leadership, the group has continued strengthening its footing in established markets while opening new ground in emerging corridors, balancing decades of experience with a contemporary approach to urban planning.
From the founding of Devika Builders to the group's current expansion, the story is one of continuity with a changing urban landscape.
Shri D.R. Gupta establishes the foundation of the Devika real-estate legacy in Delhi, beginning a practice that would develop over the following seven decades.
Ankit Aggarwal takes up active leadership from the Nehru Place headquarters and joins the board of Devika Promoters and Builders Private Limited on 22 May 2007.
The group evolves toward organized commercial space, high-street retail, hospitality and mixed-use projects designed around changing urban requirements.
Expansion continues into Goa and Jammu & Kashmir while retaining the founding emphasis on quality, trust and customer-centric execution.
Development footprint across the group's portfolio.
A portfolio built across multiple real-estate formats.
A long-standing customer base across the group's developments.
A seven-decade presence rooted in Delhi real estate.
Selected developments associated with the group's current direction across commercial, retail, hospitality and mixed-use formats.
An organized commercial redevelopment inside one of Asia's oldest and busiest marketplaces, spanning roughly 4.5 acres with over 10 lakh sq. ft. of built-up retail, office and multi-storey parking space.
A high-street retail and lifestyle hub of roughly 75,000 sq. ft. on Main Dadri Road.
An Aerocity-inspired township across roughly 25 freehold acres, combining residential plots, luxury villas and managed studios with a planned hotel.
A measured approach to expansion into emerging destinations, including Jammu & Kashmir.
Ankit Aggarwal is recorded as an active director across 15 registered Indian companies, spanning Devika entities alongside allied hospitality, infrastructure and investment ventures.
| Entity | Role | Director Since |
|---|---|---|
| Vinayak Vanijya Limited | Director | 30-09-2006 |
| Shomit Finance Limited | Director | 30-09-2006 |
| Devika Promoters and Builders Private Limited | Director | 22-05-2007 |
| Devika Gold Homz Private Limited | Director | 26-11-2007 |
| Devika Universal Lands Private Limited | Director | 03-01-2014 |
| Devika Universal Lands & Building Private Limited | Director | 05-03-2014 |
| Ultrascend Infratech Private Limited | Director | 28-01-2017 |
| Imagitech Infrastructure Private Limited | Director | 29-03-2017 |
| Vipshel Infotech Private Limited | Director | 08-01-2018 |
| Rosegold Developers Private Limited | Director | 15-05-2018 |
| Pinkgold Developers Private Limited | Director | 15-05-2018 |
| Dailygreens Farm Fresh India Private Limited | Director | 10-05-2019 |
| Sarvananda Hospitality Private Limited | Director | 11-10-2022 |
| Trinity Suites Private Limited | Director | 10-05-2023 |
| Greencaps Investment Private Limited | Director | 26-06-2023 |
A strategic approach centred on organized development, changing urban lifestyles, emerging corridors and disciplined execution.
Structured commercial and high-street retail development in place of unstructured trade.
Projects designed around evolving urban lifestyles, combining live, work and leisure.
Measured expansion into emerging growth destinations across India.
Sustainable planning built for the next several decades of use.
Disciplined execution and regulatory compliance on every project timeline.
Building strong internal teams and maintaining transparency with every stakeholder.