logo
Disruptive Leaders: Deep Vadodaria bets big on PropTech, focuses on sustainable real estate ventures at Gift City

Disruptive Leaders: Deep Vadodaria bets big on PropTech, focuses on sustainable real estate ventures at Gift City

Mint24-04-2025

In an era where leadership demands more than boardroom brilliance, Deep Vadodaria, CEO of Nila Spaces, stands out as a Next-Gen CEO reimagining real estate at India's most ambitious urban project — Gift City, near Ahmedabad. By fusing sustainable real estate development with investments in PropTech, a passion for fitness, and an evolved understanding of global culture, Deep is shaping the blueprint for tomorrow's business leadership.
"We don't believe success is about clocking 90-hour work weeks," Deep says. "It's about building focus, productivity, and a full life." His outlook is refreshingly different from the debate dominating India's corporate circles today, with traditional leaders advocating grueling schedules. Deep's philosophy champions balance — and it's shown in Nila Spaces' achievements.
Gift City (Gujarat International Finance Tec-City) is envisioned as India's first operational smart city and international financial services hub. Nila Spaces — under Deep's leadership — is making a powerful mark here.
Having already delivered a successful project in Ahmedabad, Nila Spaces is now developing over one million square feet at Gift City. Projects like "Vidå," a residential development in the domestic zone, and a new upcoming residential project in the SEZ (Special Economic Zone) are positioning Nila as a serious, future-first player in the region's real estate ecosystem.
"Gift City's infrastructure is a dream — with district cooling, automated waste management, and potable water access — and we are thrilled to contribute to this vision," says Deep. His leadership is defined by strategic foresight: building not just projects, but communities aligned with the future of urban living.
Beyond traditional development, Deep's vision stretches into PropTech — the integration of technology with real estate. Through VisionX, a new investment fund focused on PropTech and RealTech startups, he is positioning Nila Spaces to ride the next disruptive wave in real estate.
'Real estate in its actual form is not scalable," Deep notes. "Technology will drive the next big leap. We want to be at the heart of that transformation."
The fund is clear in its strategy: investing in startups that offer operational influence, board seats, or substantial stakes, ensuring not just financial investment but strategic participation in shaping the future. Deep understands that for Indian real estate to evolve, technology is not optional — it's essential.
At a time when corporate leaders often focus singularly on growth metrics, Deep's approach is holistic. His personal commitment to fitness — having completed all six World Marathon Majors, the most recent being the Boston Marathon 2025, a feat achieved by only a select few globally — is symbolic of his leadership philosophy.
'Marathon running has taught me resilience,' he reflects. "Life, like a marathon, is about showing up every day, even when things are hard." His discipline and endurance spill over into how he leads teams, drives innovation, and sustains long-term growth.
Moreover, Deep doesn't see fitness or fashion as personal indulgences. They are strategic extensions of his leadership brand. His appearance at the iconic Pitti Uomo — the world's most prestigious menswear trade show in Florence — earlier this year wasn't just about style. It was about aligning himself and Nila Spaces with global sophistication and future-ready thinking.
'I believe the life you dream of starts when you dress for it," Deep smiles, quoting designer Tom Ford. "Dressing well signals intent — to yourself, and to the world."
Deep Vadodaria's leadership also taps into another critical theme for emerging India: work-life integration. As conversations intensify around burnout, hustle culture, and the need for mental well-being, Deep's success shows that balanced leadership is not just idealistic — it's essential for sustained excellence.
"Any physical activity you love — whether it's yoga, breathing exercises, or running — improves your mental sharpness and emotional resilience," he says. His belief isn't theoretical; it's lived experience, influencing how he structures his workdays, mentors his teams, and sets organizational goals.
He's also a strong advocate of staying curious and open to change. "Consistently challenging the status quo, unlearning old assumptions, and being receptive to new ideas — that's where true growth lies."
This mindset is mirrored in how Nila Spaces approaches Gift City projects, tech investments, and urban development — with constant adaptability and a refusal to settle for legacy thinking.
In many ways, Deep Vadodaria is a microcosm of India's next-gen leadership: ambitious yet grounded, tech-savvy yet culturally rich, disciplined yet dynamic. He belongs to a rare breed of leaders who recognize that today's CEO must be more than a boardroom strategist — they must be brand ambassadors, innovation architects, and lifestyle icons, setting new standards in every sphere they touch.
At a time when India's urban future is being scripted at projects like Gift City, and when real estate is undergoing a once-in-a-generation disruption, Deep Vadodaria's journey is both an inspiration and a playbook for aspiring leaders.
As he puts it, "Success is about building institutions, not just buildings. It's about creating ecosystems that outlast you."
Note to readers: This article is part of Mint's paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy.
Want to get your story featured as above? click here!
First Published: 24 Apr 2025, 07:22 PM IST

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian Banking Sector to see moderate credit growth amid profitability pressure: BCG Report
Indian Banking Sector to see moderate credit growth amid profitability pressure: BCG Report

India Gazette

time20 minutes ago

  • India Gazette

Indian Banking Sector to see moderate credit growth amid profitability pressure: BCG Report

ANI 11 Jun 2025, 16:49 GMT+10 New Delhi [India], June 11 (ANI): The Indian banking and financial services industry (BFSI) is currently experiencing a dynamic period characterised by moderate credit growth expectations alongside evolving profitability pressures, according to a report by Boston Consulting Group (BCG). The report further adds that, while certain segments, such as mutual funds and insurance, demonstrate robust upward trajectories, the overall credit growth for the year has seen a slowdown, even as deposit growth remains profitability within the banking sector is facing headwinds. Net Interest Margins (NIMs) are projected to be under pressure as repo-linked loans reprice due to rate cuts, compelling banks to lower deposit rates. However, an elevated Credit-Deposit (CD) ratio intensifies competition for low-cost deposits, further limiting banks' ability to reduce rates and impacting profitability, particularly for mid-sized banks and Small Finance Banks (SFBs). While the banking industry overall reported a 16 per cent year-on-year growth in Net Profit, this masks varied performances. Furthermore, Public Sector Undertaking (PSU) banks have shown a strong upward trend with a 26 per cent (YoY) PAT growth, outperforming private banks which posted an 8 per cent (YoY) PAT growth. However, SFBs have experienced a sharp decline in profitability due to rising credit costs. Banks have seen an improvement in credit costs, declining from 0.6 per cent to 0.4 per cent, while NBFCs faced an increase from 1.3 per cent to 1.7 per report also highlights that, the broader BFSI landscape presents a mixed picture. Mutual fund Assets Under Management (AUM) reached an all-time high, demonstrating an impressive 18 per cent year-on-year growth. The insurance sector also showed positive momentum, with premiums rising by 7 per cent year-on-year in March 2025. This upward trajectory in MF and insurance premiums signifies continued investor interest and market penetration in these terms of deposits, growth has remained steady, with overall deposits increasing by 11 per cent year-on-year in FY25, reaching Rs229.3 Lakh Crore. Aggregate deposits grew by 12 per cent year-on-year. However, CASA (Current Account Savings Account) growth has remained muted, indicating a shift in the composition of deposits. Simultaneously, as highlighted earlier, credit growth has slowed down this year, with total net advances growing by 12 per cent year-on-year, and aggregate credit growing by 13 per cent, year-on-year. (ANI)

India's AI market is likely to triple and reach USD 17 billion by 2027: BCG Report
India's AI market is likely to triple and reach USD 17 billion by 2027: BCG Report

India Gazette

time20 minutes ago

  • India Gazette

India's AI market is likely to triple and reach USD 17 billion by 2027: BCG Report

New Delhi [India], June 11 (ANI): India's Artificial Intelligence (AI) market is set to triple to USD 17 billion by 2027 and is rapidly moving beyond experimental phases to become a core driver of competition and scale for Indian businesses says a report by Boston Consulting Group (BCG).The report highlights how AI is not only boosting operational efficiency but also expanding markets, accelerating decision-making, and fostering innovation-led growth.'AI is no longer an option but a business necessity. Indian companies are using it to leapfrog traditional growth curves and compete confidently on the global stage. While the hurdle rate for successful deployment is high, the rewards are even higher, and the results speak for themselves,' said Mandeep Kohli, Managing Director and Partner, BCG report reveals that India currently boasts over 600,000 AI professionals, a number projected to double to 1.25 million. This talent pool represents 16 per cent of the global AI talent, second only to the United India's public digital infrastructure, including Aadhaar, UPI, and ONDC, combined with increasing enterprise investment, has created a fertile environment for scalable AI innovation. Key enablers include data scale with over 700 million internet users, infrastructure growth, and a surge of approximately 2,000 AI startups launched in the past three BCG report showcases how AI is delivering measurable impact through the examples of four market leaders: Razorpay (Fintech), Lenskart (Consumer), Pocket FM (Media & Entertainment), and NoBroker (PropTech). These companies are leveraging AI to streamline operations, personalise user experiences, and unlock new revenue streams. For instance, Razorpay's AI assistants help merchants throughout the onboarding process, including prefilling and validating. Lenskart uses AI-powered virtual try-ons and face-mapping to deliver a hyper-personalised experience. Pocket FM cut content production costs by up to 90 per cent and produced over 100,000 hours of content with AI. NoBroker leverages AI to accelerate the property listing process with image verification through Iris. These case studies demonstrate how Indian innovators are moving beyond pilot programs to scale AI, transforming their industries with data-driven speed, precision, and companies looking to scale AI, the report outlines a clear roadmap. BCG's 70/20/10 Framework emphasises that 70 per cent of success stems from people, organisation, and process, rather than solely technology. Additionally, five key enablers for scaling AI include cross-functional ways of working, a modern tech stack, organisational models (such as AI Centres of Excellence), workforce reskilling, and responsible AI governance. Behavioural adoption is also crucial, with tailored learning paths, emotional curve mapping, and role-specific interventions to nudge users through GenAI adoption. (ANI)

Rajat Vohra to take over as India CEO of Redington from July 1
Rajat Vohra to take over as India CEO of Redington from July 1

Time of India

time24 minutes ago

  • Time of India

Rajat Vohra to take over as India CEO of Redington from July 1

Chennai: Integrated technology solutions provider Redington Ltd would elevate the current Chief Sales Officer Rajat Vohra as its Chief Executive Officer, India with effect from July 1, the company said on Wednesday. With over two decades of experience in business development, sales, strategy and leadership across consumer and enterprise segments, Rajat Vohra is a seasoned professional for his strategic vision. On his new role, Rajat Vohra would be responsible for overseeing the India business operations of the Group, the city-headquartered company said in a press release on Wednesday. Prior joining Redington, he has held senior leadership roles at Newell Brands, HP Inc., Samsung and Shell. Meanwhile, the current CEO of the company, Ramesh Natarajan would be elevated to the post of CEO India and Middle East operations with effect from July 1. He would lead the operations and growth strategies of the Redington Group across India and the Middle East markets. In his 28 years at the company, Redington has built a strong portfolio of consumer and enterprise businesses and expanded its reach into new verticals. He played a pivotal role in forging strategic partnerships significantly strengthening the company's portfolio, the company said. Commenting on the appointments, Redington Ltd Group CEO V S Hariharan said, "The latest leadership transitions represent a pivotal step in Redington's journey toward enhanced regional synergies and a more customer-centric approach. Ramesh has played a key role in developing our strong leadership position in India through strengthening OEM partnerships. " "With sharp commercial acumen and a deep understanding of the Indian landscape, Rajat (Vohra) is exceptionally well-positioned to lead our India operations into the next phase of growth," he added. PTI

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store