Gera Developments appoints Rajesh Shirwatkar as Chief Financial Officer

Pune,
March 25, 2026 : Gera Developments Private Limited (GDPL),
pioneers of real estate business, and the award-winning creators of premium
residential and commercial projects in Pune, Goa, Bengaluru, and California
(USA), have announced the appointment of Rajesh Yashwant Shirwatkar as Chief
Financial Officer (CFO). In a parallel leadership development, Swapan Mukherjee
has been elevated to the role of Group Chief Financial Officer.

In
his new role, Rajesh Shirwatkar will be responsible for leading the company’s
financial strategy, planning, compliance, treasury management, and governance
functions. His appointment is aimed at strengthening the company’s financial
leadership as it continues to scale operations and pursue its long-term growth
plans.

Commenting
on the appointment, Rohit Gera, Managing Director, Gera Developments,
said,
“Rajesh’s appointment as Chief Financial Officer represents an important step
as we continue to strengthen our leadership team to support the company’s next
phase of growth. His strong financial acumen and strategic perspective will
play a key role in further strengthening our financial processes and
governance.

At
the same time, Swapan Mukherjee’s elevation to Group CFO reflects his
significant contribution to the organisation and his deep understanding of our
financial ecosystem. In this expanded role, he will provide strategic financial
oversight at the Group level, helping build a strong foundation to support the
scale and growth of the business going forward.”

A
Chartered Accountant, Rajesh brings over 29 years of leadership experience
across industries including real estate, retail, FMCG and pharmaceuticals. He
has deep expertise in financial reporting, treasury, taxation, IND AS audits,
performance analytics, IPO processes, internal controls and finance automation.
In his previous role at Shriram Properties Limited, he led multi-regional
finance operations and played a key role in driving SAP implementation and
strengthening governance frameworks. Known for his structured approach and
strong compliance orientation, Rajesh is expected to play an important role in
enhancing financial discipline and supporting the company’s next phase of
growth.

As
Gera Developments continues to expand its portfolio and strengthen its
leadership structure, the company remains focused on building strong systems
and processes that support innovation, operational excellence and long-term
value creation for customers and stakeholders. This disciplined approach to
fiscal management is also reflected in the company’s strong credit profile,
with its ‘AA-’ long-term credit rating and ‘Positive’ outlook -reaffirming its
robust financial position and governance standards and further strengthening
its position as the highest-rated private real estate developer in India.

About
Gera Developments Private Limited:

Gera
Developments Private Limited, a reputed brand for over 50 years, is one of the
pioneers of the Real Estate business in Pune. Recognised as the creators of
premium residential and commercial projects in Pune, Goa and Bengaluru, the
brand has established a global presence through developments in California,
USA. Gera prides itself on providing long-term enjoyment to customers, by
having a distinct customer-first approach. The philosophy at Gera of “Let’s
Outdo” rests on the trinity of Innovation, Transparency, and Enhanced Customer
Experience. It is at the heart of Gera’s effort to infuse innovation and
transparency in Real Estate and home building, with an unwavering focus on
meeting the shifting lifestyle dynamics of their customers, while upholding the
premium living experience. Accordingly, there are many ‘firsts’ that stand to
Gera’s credit.

The
company introduced a 5-Year Warranty on Real Estate, consisting of Preventive
Maintenance & Repairs and provision of insurance on buildings way back in
2004 for the first time in India. RERA mandated the same only in 2017. Gera
also introduced India’s first and only 7-year warranty in Real Estate. They
have designed and launched a pathbreaking concept, the award-winning ChildCentric®
Homes, which revolutionised the Real Estate sector for both, the developer and
the home buyer. Other revolutionary and highly successful product lines have
been Intelliplexes^TM, SkyVillas^TM, and The Imperium
series. In their 50th year, the company launched yet another first-of-its-kind
industry initiative—Gera’s Home Equity Power—by providing financial flexibility
to customers to withdraw funds from their prior payments to meet financial
emergencies. Continuing its legacy of innovation, the company has also recently
introduced Gera’s WellnessCentric™ Homes, a first-of-its-kind
residential category focused on integrating wellbeing, fitness and holistic
living into everyday life by bringing together best-in-class amenities with
expert-led programmes.

These
products are matched by the services of the GeraWorld® Mobile App, which brings
speed, convenience, and transparency to the buyer, enhancing customer
experience. Gera Developments has also launched the Club Outdo initiative, a
tech-driven loyalty and referral program that provides multiple benefits,
offers, and community engagement opportunities to existing and new customers.

The
company emphasises delivering value-added experiences to customers, with
projects designed around the evolving needs of their customers. Driven by
trust, quality, a customer-first mindset, and innovation, the brand has won
several national and international awards on both, the product and service
fronts.

Gera
continues to be a Great Place to Work® (GPTW) for nine years in a row. It has
ranked amongst the Top 50 Great Mid-Size Workplaces^TM in India by
the Great Place to Work® (GPTW) Institute for eight years in a row. In 2025, we
have also been proudly recognised as one of India’s Best Workplaces^TM
in Real Estate Industry and India’s Best Workplaces^TM in Building a
Culture of Innovation for All.

Gera
envisions raising the standards of Real Estate in India. As they redefine new
standards of service orientation, product innovation, real estate marketing,
and brand building, they are consistently generating fresh value for its
stakeholders, while setting new benchmarks for the industry.

Please
visit www.gera.in for
more information