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Kohinoor Group Elevates Prasanth Gopinath to Lead Commercial Growth, Targets 12 Million Sq. Ft. Portfolio by 2030

Kohinoor Group Elevates Prasanth Gopinath to Lead Commercial Growth, Targets 12 Million Sq. Ft. Portfolio by 2030

Kohinoor Group has promoted Prasanth Gopinath as CEO and Executive Director of its Commercial Business Unit as it accelerates its expansion in Pune’s office market. The developer aims to develop, lease, and manage over 12 million sq. ft. of Grade A commercial real estate by 2030.

As India’s commercial real estate sector continues to attract global occupiers and institutional capital, Pune-based Kohinoor Group has announced a significant leadership move aimed at supporting its long-term growth ambitions. The company has elevated Prasanth Gopinath to the position of Chief Executive Officer and Executive Director of its Commercial Business Unit, reinforcing its commitment to professional leadership, governance-driven growth, and large-scale commercial development.

The appointment comes as Kohinoor Group strengthens its focus on the office and business space segment, positioning commercial real estate as a core pillar of its future strategy. With Pune continuing to emerge as a major technology, innovation, and business destination, the developer is preparing for a significant expansion of its Grade A commercial portfolio over the next several years.

Ambitious Commercial Expansion Plans

Kohinoor Group has set a target to develop, lease, and manage more than 12 million square feet of Grade A commercial real estate by 2030. The company already has nearly 5 million square feet under development and at various stages of leasing, creating a substantial pipeline that supports its long-term growth roadmap.

The strategy reflects growing demand from multinational corporations, Global Capability Centres (GCCs), technology firms, and professional services companies seeking high-quality office environments in emerging business hubs beyond traditional gateway markets.

As occupier requirements evolve, developers are increasingly focusing on creating integrated office ecosystems that combine modern infrastructure, operational efficiency, sustainability, and employee-centric workplace experiences.

Leadership Built from Within

Gopinath’s elevation highlights Kohinoor Group’s emphasis on internal leadership development. Over the past five years, he has played a key role in expanding the company’s commercial business operations, strengthening occupier relationships, improving leasing performance, and enhancing organisational capabilities.

In his new role, he will oversee the entire commercial vertical, including business strategy, development planning, design coordination, project execution, leasing, sales, customer experience, hospitality initiatives, asset management, and future expansion opportunities.

The broader objective is to create a scalable and institutionally managed commercial platform capable of serving both domestic and international occupiers while maintaining operational excellence across assets.

Focus on Governance and Long-Term Value Creation

Commenting on the appointment, Vineet Goyal, Joint Managing Director of Kohinoor Group, said, “We are entering a new phase of commercial expansion with a clear objective of building an institution that creates enduring value for customers, occupiers, investors, employees and the city of Pune.”

He further added, “Our vision extends beyond developing office buildings and focuses on creating one of India’s most respected commercial real estate platforms.”

The company’s leadership believes that strong governance frameworks, professional management, and customer-centric execution will become increasingly important as the commercial real estate sector matures and attracts larger pools of institutional investment.

Pune Strengthens Its Position as a Commercial Hub

The announcement also reflects Pune’s growing importance within India’s office market. Supported by a strong talent base, thriving technology ecosystem, and expanding infrastructure network, the city has emerged as a preferred destination for enterprises looking to establish or expand operations.

Expressing his views on the appointment, Gopinath said, “Kohinoor’s strong brand foundation and long-term value-driven approach provide a solid platform for future growth.” He added that the company remains focused on delivering world-class commercial developments while deepening its relationships with occupiers.

As competition intensifies across India’s office sector, Kohinoor Group’s leadership transition signals a broader trend toward institution-building, professional management, and long-term portfolio creation. With a sizeable development pipeline already underway, the company appears well-positioned to capitalise on the next wave of demand for premium commercial and workplace solutions in Pune and beyond.

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