New Delhi, 26 April—India Sotheby’s International Realty (India SIR) has appointed industry veteran Gagan Randev, as Executive Director.

Gagan, who has vast experience in the real estate and financial sector, will spearhead India Sotheby’s International Realty’s efforts to be a force in the Real Estate Capital Markets business focusing on asset sales across different asset classes, land, funding, and cross border initiatives.

“We welcome Gagan Randev to the India SIR family. Gagan joins us with a clear purpose of creating a strong revenue generating commercial real estate vertical. His relationships with developers will also help broaden the residential sales practice of India SIR,” said Amit Goyal, CEO, India Sotheby’s International Realty

Speaking on his appointment at India SIR, Gagan says, “I’m excited to be on board with an iconic brand and an entrepreneurial team. India Sotheby’s International Realty has raised the bar of luxury residential transactions manifold in the country, bringing in a global level of professionalism and transparency. I look forward to spearheading the commercial transaction vertical and expand the developer project portfolio of luxury real estate. I also look forward to leveraging on Sotheby’s global network for cross border opportunities and mandates.”

Gagan brings over 25 years of experience across Real Estate and Financial Services. In the real estate domain, he has been involved in structuring of complex investor exits, sale of marquee assets, along with land sales and fund raising.

His immediately preceding association was with Colliers International where he National Director – Capital Markets looking after Asset Sales (commercial, retail and hospitality), Land Sales (including joint ventures and joint developments, development management agreements) and Fund Raising (equity/debt/mezzanine).

Gagan’s professional career included BPTP Ltd. (Director – Finance & Investor relations), Religare Securities (MD & CEO). His considerable banking experience includes RBS/ABN Amro Bank NV (SVP& Head – Branch Banking & Wealth management) and stints at Citibank N.A., and ANZ Grindlays Bank. He was also a key member of the founding team at Tata AIA Life Insurance.

Gagan Randev will be based out of India SIR’s Delhi office at Eros Corporate Tower, Nehru Place.