Ankit Aggarwal
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.
1954
—
Devika
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
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.
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.
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.
Modern Expansion
The group evolves from traditional residential development into organized commercial space, high-street retail and mixed-use projects for evolving urban lifestyles.
Emerging Corridors
Expansion continues into Goa and Jammu & Kashmir, while holding to founding principles of quality, trust and customer-centric execution.
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.
| Founded | 1954, by Shri D.R. Gupta of Devika Builders |
| Headquarters | Devika Tower 6, Nehru Place, New Delhi 110019 |
| Flagship entity | Devika Promoters and Builders Private Limited |
| Core sectors | Commercial · Retail · Hospitality · Mixed-Use |
| Active markets | Delhi NCR · Noida (Sector 110) · Goa · Jammu & Kashmir (emerging) |
Flagship developments under his leadership.
Devika Sadar Bazar
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 estimatedDevika Vibe 110
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+ brandsDevika Aerocidade
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 anchorA strategic vision for modern real estate.
Organized Retail
Structured commercial and high-street retail development in place of unstructured trade.
Mixed-Use Planning
Projects designed around evolving urban lifestyles, combining live, work and leisure.
New Corridors
Measured expansion into emerging growth destinations across India.
Future-Ready Infrastructure
Sustainable planning built for the next several decades of use.
Timely Delivery
Disciplined execution and regulatory compliance on every project timeline.
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.