Devika Group · 1954
The foundation of a Delhi real-estate legacy begins with Shri D.R. Gupta.
Ankit Aggarwal · Managing Director
Ankit
Ankit
Aggarwal
Ankit Aggarwal is the Managing Director of Devika Group and part of its next generation of leadership. Since stepping into active leadership in 2007, his work has centred on strategic planning, project execution and the continued evolution of the group's real-estate portfolio.
1954
Group founded
2007
Leadership since
70+
Years of legacy
The person
Who is Ankit Aggarwal?
Ankit Aggarwal is the Managing Director of Devika Group, a real-estate group with roots going back to 1954. He represents the next generation of leadership within the business and has been involved in its direction since 2007.
His responsibilities span strategic planning, project execution and expansion across commercial, retail, hospitality and mixed-use development. The emphasis is on building a contemporary portfolio while retaining the experience and long-term perspective developed over decades.
Based from Devika Tower in Nehru Place, New Delhi, his professional role sits at the intersection of business strategy, development and the changing requirements of Indian urban markets.
Managing Director, Devika Group
Next-generation leadership
Strategic planning & execution
Commercial & retail development
Hospitality & mixed-use development
Long-term portfolio growth
Role
Managing Director
Organization
Devika Group
Director
Since 22 May 2007
Base
New Delhi
Ownership & stewardship
A director with a long-term stake in the Devika legacy.
Ankit Aggarwal's relationship with Devika Group is not limited to a management title. Public corporate records identify him as a director of Devika Promoters and Builders Private Limited, the Devika group company incorporated in 2007, with his directorship recorded from 22 May 2007.
His role therefore sits at the intersection of governance, business direction and the continuation of a family-linked real-estate enterprise. As a director, his responsibility extends beyond individual projects to the decisions that influence the group's companies, development pipeline and long-term growth.
The distinction is important: being described publicly as an "owner" or next-generation leader should not be confused with a disclosed percentage of equity in every Devika entity. The available corporate records establish Ankit's directorships, but do not provide a single, verified percentage that can accurately be presented as his ownership of the entire Devika Group.
01
Director since 2007
Corporate records list Ankit Aggarwal as a director of Devika Promoters and Builders Private Limited from 22 May 2007.
02
Governance role
His directorship places him within the formal governance structure of the Devika business rather than only its operational management.
03
Multiple Devika entities
Public company records also show his directorship across Devika-related entities, including Devika Universal Lands & Building Private Limited and Devika Projects Private Limited.
04
Next-generation stewardship
His position represents continuity between the group's long operating history and its current expansion into new development formats and markets.
Ankit · Journey
A career shaped by responsibility, growth and continuity.
From the group's 1954 foundation to Ankit Aggarwal's leadership, each stage reflects an evolving approach to real estate and urban development.
Leadership · 2007
Ankit Aggarwal enters active leadership and joins the board of Devika Promoters and Builders.
Commercial Growth
The portfolio develops across organized commercial and retail environments.
Mixed-Use Direction
A broader development approach brings together residential, retail, hospitality and commercial formats.
New Corridors
Expansion extends into emerging destinations, including Goa and Jammu & Kashmir.
Next Chapter
A continued focus on organized development, disciplined execution and future-ready places.
Ankit's role
Leadership beyond a title.
His role is defined by the decisions behind projects: where to grow, what to build, how to execute and how to carry a long-standing real-estate business into its next phase.
01
Strategy
Shaping the group's direction across established businesses and emerging development opportunities.
02
Execution
Connecting planning with the practical realities of delivering real-estate projects.
03
Portfolio Thinking
Balancing commercial, retail, hospitality and mixed-use formats within a broader business strategy.
04
Continuity
Carrying forward the institutional experience of a group founded in 1954.
05
Evolution
Responding to changing urban requirements while keeping long-term value at the centre.
06
Expansion
Exploring new corridors and markets as part of the group's continuing growth.
Ankit · Selected work
The work behind the leadership.
Selected developments that illustrate the kind of commercial, retail, hospitality and mixed-use formats.
Old Delhi · Commercial
Devika Sadar Bazar
An organized commercial redevelopment within one of Delhi's busiest traditional marketplaces.
Noida · High Street
Devika Vibe 110
A retail and lifestyle destination on Main Dadri Road.
Goa · Township
Devika Aerocidade
An Aerocity-inspired development near Dabolim Airport.
Ankit · Outlook
How Ankit sees the road ahead.
A practical outlook shaped by experience, changing cities and the responsibility of taking a long-standing business forward.
01
Think Long Term
Real estate decisions should be made with the full lifecycle of a place in mind.
02
Build for People
Good development begins with understanding how people actually use and experience a place.
03
Stay Disciplined
Planning, compliance and execution create the foundation for sustainable growth.
04
Embrace Change
Urban environments evolve, and development strategies need to evolve with them.
05
Expand Thoughtfully
New markets should complement capability rather than simply add scale.
06
Preserve Trust
Seven decades of a business are sustained through consistency and stakeholder confidence.
Meet the person
behind the direction.
Explore Ankit Aggarwal's profile, journey, leadership and work.