Third-generation leadership · Devika Group

Ankit Aggarwal

Managing Director Devika Group

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.

1954 Group Founded
2007 Leadership Since
70+ Years of Legacy
Ankit Aggarwal, Managing Director of Devika Group
Leadership
Legacy
Direction

Est. 1954
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01 / The Profile

The person behind the next chapter.

01

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.

Managing Director, Devika Group
~18–20 years in real estate
Devika Tower 6, Nehru Place, New Delhi
Don Bosco School
Commercial · Retail · Hospitality · Mixed-Use
00385982
02 / The Legacy

A timeline measured in generations.

From the founding of Devika Builders to the group's current expansion, the story is one of continuity with a changing urban landscape.

1954

The Foundation

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.

2007

Next-Generation Leadership

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.

Ongoing

Modern Expansion

The group evolves toward organized commercial space, high-street retail, hospitality and mixed-use projects designed around changing urban requirements.

Next

Emerging Corridors

Expansion continues into Goa and Jammu & Kashmir while retaining the founding emphasis on quality, trust and customer-centric execution.

03 / By The Numbers

A legacy that leaves a measurable footprint.

6.5M+ Sq. Ft. Developed

Development footprint across the group's portfolio.

46+ Projects Delivered

A portfolio built across multiple real-estate formats.

13.4K+ Customers Served

A long-standing customer base across the group's developments.

70+ Years in Business

A seven-decade presence rooted in Delhi real estate.

04 / Selected Developments

Where the strategy becomes real.

Selected developments associated with the group's current direction across commercial, retail, hospitality and mixed-use formats.

01
Sadar Bazar · Old Delhi

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.

4–6 lakh estimated daily footfall
02
Sector 110 · Noida

Devika
Vibe 110

A high-street retail and lifestyle hub of roughly 75,000 sq. ft. on Main Dadri Road.

100+ shops · 40+ brands
03
Near Dabolim Airport · Goa

Devika
Aerocidade

An Aerocity-inspired township across roughly 25 freehold acres, combining residential plots, luxury villas and managed studios with a planned hotel.

~25 acres · hospitality anchor
04
Emerging Market

Future
Corridors

A measured approach to expansion into emerging destinations, including Jammu & Kashmir.

Measured expansion · long-term view
05 / Corporate Record

Leadership, on record.

15 Active Directorships

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 LimitedDirector30-09-2006
Shomit Finance LimitedDirector30-09-2006
Devika Promoters and Builders Private LimitedDirector22-05-2007
Devika Gold Homz Private LimitedDirector26-11-2007
Devika Universal Lands Private LimitedDirector03-01-2014
Devika Universal Lands & Building Private LimitedDirector05-03-2014
Ultrascend Infratech Private LimitedDirector28-01-2017
Imagitech Infrastructure Private LimitedDirector29-03-2017
Vipshel Infotech Private LimitedDirector08-01-2018
Rosegold Developers Private LimitedDirector15-05-2018
Pinkgold Developers Private LimitedDirector15-05-2018
Dailygreens Farm Fresh India Private LimitedDirector10-05-2019
Sarvananda Hospitality Private LimitedDirector11-10-2022
Trinity Suites Private LimitedDirector10-05-2023
Greencaps Investment Private LimitedDirector26-06-2023
06 / The Vision

The next decade is about how places perform.

A strategic approach centred on organized development, changing urban lifestyles, emerging corridors and disciplined execution.

01

Organized Retail

Structured commercial and high-street retail development in place of unstructured trade.

02

Mixed-Use Planning

Projects designed around evolving urban lifestyles, combining live, work and leisure.

03

New Corridors

Measured expansion into emerging growth destinations across India.

04

Future-Ready Infrastructure

Sustainable planning built for the next several decades of use.

05

Timely Delivery

Disciplined execution and regulatory compliance on every project timeline.

06

Transparent Teams

Building strong internal teams and maintaining transparency with every stakeholder.

Real estate, done well, is less about the buildings themselves than the environments they create. — Ankit Aggarwal · Managing Director, Devika Group