Third-generation leadership · Devika Group

Ankit Aggarwal

Managing Director · Devika Group

Director at Delhi real-estate company founded in 1954, carrying its legacy of trust and disciplined execution into organized commercial, retail, hospitality and mixed-use development across India.

New DelhiNehru Place HQ
2007Leadership Since
~20 YrsIndustry Experience
1954Group Founded
Est.
1954

Devika
Portrait of Ankit Aggarwal, Managing Director of Devika Group, at the Nehru Place headquarters
Ankit AggarwalMD, Devika Group
About

A legacy carried forward, one plan at a time.

Ankit Aggarwal is the Managing Director of Devika Group, stepping into active leadership in 2007 from the group's corporate headquarters at Devika Tower 6, Nehru Place, New Delhi. He represents the next generation of a real-estate house whose roots reach back to 1954.

Across nearly two decades in the industry, his remit spans strategic planning, project execution and expansion — carrying the founding emphasis on trust and disciplined delivery into organized commercial space, high-street retail, hospitality and mixed-use development across Delhi NCR, Uttar Pradesh and Goa.

Under his direction, the group has continued strengthening its footing in established markets such as Nehru Place and Sadar Bazar while opening new ground in emerging corridors, balancing decades of experience with a contemporary approach to urban planning.

  • RoleManaging Director, Devika Group
  • Experience~18–20 years in real estate
  • HeadquartersDevika Tower 6, Nehru Place, New Delhi
  • EducationDon Bosco School
  • Core sectorsCommercial · Retail · Hospitality · Mixed-Use
  • DIN00385982 (Ministry of Corporate Affairs)
  • Active directorships15 registered Indian companies
Lineage

Built up across generations, plotted like a site.

Public filings trace the house to founder Shri D.R. Gupta of Devika Builders; Ankit Aggarwal's directorship record with the Ministry of Corporate Affairs begins in 2007.

N 1954 FOUNDER SHRI D.R. GUPTA 2007 MANAGING DIRECTOR ANKIT AGGARWAL Ongoing MODERN EXPANSION EMERGING CORRIDORS SCALE: NOT TO SCALE
Drawing: Generational Lineage Rev. 2026 Sheet A-02
1954

Foundation

The house is established by Shri D.R. Gupta, founder of Devika Builders, beginning what would grow into a seven-decade real-estate practice in Delhi.

2007

Next-Generation Leadership

Ankit Aggarwal takes up active leadership from the Nehru Place headquarters, formally joining the board of Devika Promoters and Builders Private Limited on 22 May 2007.

Ongoing

Modern Expansion

The group evolves from traditional residential development into organized commercial space, high-street retail and mixed-use projects for evolving urban lifestyles.

Next

Emerging Corridors

Expansion continues into Goa and Jammu & Kashmir, while holding to founding principles of quality, trust and customer-centric execution.

Company Details

Seventy years, measured in square feet.

Over seven decades, Devika Group has shaped Delhi's real-estate landscape through commercial, residential and retail development built on disciplined execution rather than rapid expansion.

6.5M+Sq. Ft. Developed
46+Projects Delivered
13.4K+Customers Served
70+Years in Business
Founded1954, by Shri D.R. Gupta of Devika Builders
HeadquartersDevika Tower 6, Nehru Place, New Delhi 110019
Flagship entityDevika Promoters and Builders Private Limited
Core sectorsCommercial · Retail · Hospitality · Mixed-Use
Active marketsDelhi NCR · Noida (Sector 110) · Goa · Jammu & Kashmir (emerging)
Corporate Record

A network of ventures, on public record.

Ministry of Corporate Affairs filings record Ankit Aggarwal (DIN 00385982) as an active director across 15 registered Indian companies — the Devika flagship entities alongside allied hospitality, infrastructure and investment ventures.

00385982Director Identification Number
15Active Directorships
2006Earliest Directorship on Record
≤ 20Statutory Directorship Cap (India)
EntityRoleDirector Since
Vinayak Vanijya LimitedDirector30-09-2006
Shomit Finance LimitedDirector30-09-2006
Devika Promoters and Builders Private LimitedDirector22-05-2007
Devika Gold Homz Private LimitedDirector26-11-2007
Devika Universal Lands Private LimitedDirector03-01-2014
Devika Universal Lands & Building Private LimitedDirector05-03-2014
Ultrascend Infratech Private LimitedDirector28-01-2017
Imagitech Infrastructure Private LimitedDirector29-03-2017
Vipshel Infotech Private LimitedDirector08-01-2018
Rosegold Developers Private LimitedDirector15-05-2018
Pinkgold Developers Private LimitedDirector15-05-2018
Dailygreens Farm Fresh India Private LimitedDirector10-05-2019
Sarvananda Hospitality Private LimitedDirector11-10-2022
Trinity Suites Private LimitedDirector10-05-2023
Greencaps Investment Private LimitedDirector26-06-2023

Under Indian company law, an individual may serve as director on up to 20 companies at once, no more than 10 of them public — figures sourced from MCA filings via MyCorporateInfo.

Key Developments

Flagship developments under his leadership.

Plot / 01

Devika Sadar Bazar

Sadar Bazar, Old Delhi

An organized commercial redevelopment inside one of Asia's oldest and busiest marketplaces, spanning roughly 4.5 acres with over 10 lakh sq. ft. of built-up retail, office and multi-storey parking space.

4–6 Lakh daily footfall estimated
Plot / 02

Devika Vibe 110

Sector 110, Noida

A high-street retail and lifestyle hub of roughly 75,000 sq. ft. on Main Dadri Road, blending shopping, dining and an open-air venue for the surrounding residential catchments near Lotus Panache.

100+ shops · 40+ brands
Plot / 03

Devika Aerocidade

Near Dabolim Airport, Goa

An Aerocity-inspired township across roughly 25 freehold acres, combining residential plots, luxury villas and managed studios with a planned 120-key hotel, minutes from Bogmalo Beach.

~25 acres · 5-star hospitality anchor
New Delhi Noida Goa Jammu & Kashmir — Emerging
Vision

A strategic vision for modern real estate.

01

Organized Retail

Structured commercial and high-street retail development in place of unstructured trade.

02

Mixed-Use Planning

Projects designed around evolving urban lifestyles, combining live, work and leisure.

03

New Corridors

Measured expansion into emerging growth destinations across India.

04

Future-Ready Infrastructure

Sustainable planning built for the next several decades of use.

05

Timely Delivery

Disciplined execution and regulatory compliance on every project timeline.

06

Transparent Teams

Building strong internal teams and maintaining transparency with every stakeholder.

Real estate, done well, is less about the buildings themselves than the environments they create for businesses, communities and the growth that follows.