Pardhasaradhi Karingula

Senior Vice President & Head

Hyderabad, Telangana, India

About

REALESTATE PROFESSIONAL - Commercial Real Estate | Sales & Marketing | Leasing | Rental Asset Mgmt | Land Acquisition | P&L Mgmt | Projects | Interiors | Facilities | Liaison | Strategic Planning | Stakeholder Mgmt | Team Leadership A strategic Real Estate, Infra., and Expansion Leader with 25+ Yrs of executive excellence across India. My competitive edge lies at the intersection of commercial acumen, legal strategy, and operational discipline—backed by an MBA and an LLB. This allows me to seamlessly structure JDs, negotiate institutional leases, manage P&L, and master statutory frameworks. CUMULATIVE LIFECYCLE IMPACT • Land Sourcing: 411+ Acres acquired and clear-titled, including a 40-acre ultra-prime CBD Hyderabad parcel valued at ₹6,000 Cr and 21.1 acres Tourism Asset. • Portfolio Leasing: Contributed to 9M+ Sq.Ft of leasing and steered portfolio oversight across 12M+ Sq.Ft for Tier-1 corporate clients. • Financial Stewardship: Oversaw ₹750+ Cr in lease rentals, structuring risk-mitigated legal renewals. • Capital Delivery: Built 3M+ Sq. Ft. of space, slashing setup expenses by 22% via value engg.and procurement controls. CHRONOLOGICAL EXEC. JOURNEY • CYBERCITY Builders & Developers | Senior VP & Head - CRE (Aug 2023–Present): Building the CRE vertical from scratch. Leading development planning for a 14M+ Sq.Ft pipeline and managing operations across 10M+Sq.Ft. • iKeva | Director – CRE, Proj & Ops (Founding Team, Dec 2016-Aug 2023): Scaled workspace footprint from 3 centers to 20+ institutional hubs across 5 major cities. Pioneered asset-light models that reduced corporate lease lock-ins from 5 Yrs to 2–3 Yrs. • K. RAHEJA CORP | Associate VP – RE Operations (2008–2015): Directed operations for premier MIND SPACE IT Park. Consolidated a 350-acre SEZ industrial parcel. • World Bank Funded Programs | State Project Manager / Specialist (2003–2008): Managed policy, multi-million-dollar budgeting, and macro project execution for the Gov of AP and Tamil Nadu. • Panasonic Battery India | Asst Tech (1995–2002): Grounded my career in Japanese discipline and operational excellence. REGULATORY DOMAIN EXPERTISE Familiarity with: NALA Land Conversions | MoEF/PCB Clearances | RERA | SEZ & MoC Compliance. Lead cross-functional ecosystems (BD, Legal, Engg, Finance) and hold strong networks with IPCs, Brokers, and Govt bodies to build long-term enterprise value. Open to exec. leadership roles (COO/Busi. Head), strategic partnerships, and large-scale CRE, LEASING, Sales & Mktg., Land Acquisition, IFM, and Liaison. [email protected]

Experience

  • Senior Vice President & Head - Commercial Real Estate Division at CYBERCITY Builders & Developers
    Aug 2023 - Present · 3 yrs

    • Leading the Commercial Real Estate vertical with end-to-end responsibility for strategy, development, land acquisition, leasing, and revenue generation • Spearheaded acquisition of 40+ acres of prime land across Hyderabad and Tirupati for large-scale commercial developments • Driving development pipeline of ~14M+ sq.ft. across key locations • Successfully executed sales, leasing and monetization of flagship developments at Jubilee Hills and Green Hills Road, Hyderabadd • Collaborating with globally reputed architects and consultants for high-value commercial assets

  • DIRECTOR - NEW INTIATIVES | Corporate Real Estate | Projects | Operations at iKeva
    Dec 2016 - Aug 2023 · 6 yrs 9 mos

    • Core member along with founding leadership team, instrumental in building and scaling a co-working and managed office platform • Led expansion, operations, and strategic initiatives across multiple locations (across 5 cities, viz. Bangalore, Chennai, Gurgaon, Hyderabad and Mumbai) • Established strong enterprise client base and drove occupancy, revenue growth, and operational efficiency • Played a key role in positioning the brand in a competitive and evolving flexible workspace market GROWTH & EXPANSION - Scaled business from 3 centres in 2 cities to multiple centres across 5 cities - Delivered rapid expansion through partnerships, roll-ins, and asset-light strategies - Structured and executed multiple deal formats: • Lessor-funded fit-outs • Revenue share model • Hybrid rental models (low entry → escalation) • External capex partnerships COMMERCIAL & STRATEGIC IMPACT - Reduced lease lock-ins from 5 years to 2–3 years, improving flexibility and risk profile - Enabled faster break-even and capital efficiency across centres COST & EXECUTION EXCELLENCE - Achieved 22% reduction in fit-out costs through value engineering and vendor strategy - Delivered centres on time, cost-efficiently, and market-ready OPERATIONS & LEADERSHIP - Led end-to-end operations: BD, Leasing, Design, Projects, Facilities Built and managed multi-functional teams across cities - Established strong partner ecosystem and vendor network

  • FOUNDING ADVISOR at SK CORP, LLP
    Jun 2015 - 2023 · 7 yrs 8 mos

  • ASSOCIATE VICE PRESIDENT & HEAD - Rental Asset Mgmt | Property Mgmt | Operations | MINDSPACE_Hyd at K Raheja Corp
    Mar 2008 - May 2015 · 7 yrs 3 mos

    Worked as Associate Vice President (Head Rental Asset & Property Mgmt. Division) - Hyderabad Solely responsible for managing 11Million Commercial IT Space at Mindspace IT Park, Hyderabad which is established in 110acres ASSET MANAGEMENT DIVISION (AMD) ------------------------------------------------------------- • Commercial Leasing, Monitoring the Lease Terms & Lease Renewals • Managing more than 100 + Clientele and Relationship Management • Preparing Budgets for Cash Flows, Monitoring Lease Rentals and Managing Lease Escalations/Renewals • Monitoring collections with an objective of 100% revenue collection on time • Variance Analysis. Penalizing the clients with interest on delayed payments and Initiating Legal Measures • Other income generation through activities in the Park viz. Film Shootings; Setting up ATMs, Kiosks, etc. • Managing requirements for STPI, SEZ, Customs & Liaison • Managing Insurance portfolio for 11Million Sft Space. (including buildings under construction) • Maintain Public Relations and Liaison with Govt. Authorities INTEGRATED FACILITIES MANAGEMENT (MEP, Soft Services, Physical Security, Fire Safety, Procurement and Liaison) ------------------------------------------------------------------------------------------------------------------ • Managing the Takeover of the Property from Projects and Transition Management • Coordinating with Projects, Arch. teams & Sales Team • Annual Budgets, Variance Analysis, Monitoring & Control • Targeting an uptime of 100% for all Soft Services, HVAC,MEP and FIRE Systems • Responsible for P&L of Hyderabad location • Functional & Administrative management of the Facilities • Managing the Agencies engaged for FM services • Finalizing the AMCs for operation and Maintenance of all HVAC, MEP and Fire Systems • Security & Surveillance • Heading Procurement Division & Horticulture Department • Liaison with Fire, Pollution Control , CEIG, Electricity, Water Board, Police, TSIIC, etc

  • STATE MISSION MANAGER at MoRD, GoAP - World Bank Funded Initiative - Employment Generation & Marketing Mission (EGMM)
    May 2006 - Mar 2008 · 1 yr 11 mos