New MD to focus on growth and expansion in the region
Dubai, United Arab Emirates - Leading Indian Engineering and Construction group Shapoorji Pallonji today announced the appointment of Cyrus Engineer as Managing Director at Shapoorji Pallonji International Property Developers (SPIPD) to lead the company’s overall real estate business operations in the region, a move that was made to support the company’s continued growth and expansion. He will also be responsible to oversee the development of Shapoorji Pallonji’s ongoing projects including its flagship project, Imperial Avenue, as well as steer the company’s vision.
With over 22 years of senior management experience, Cyrus brings a wealth of industry experience to his new role including realizing and achieving company vision, personally building, supervising and motivating teams, delivering and achieving revenue and profit targets, strategic planning and delivering sales and marketing objectives while enhancing the customer experience. His knowledge will further support Shapoorji Pallonji International Property Developers (SPIPD) plans to become a market leader internationally.
In his previous role, Cyrus was the Chief Sales & Marketing Officer at Shapoorji Pallonji in India, where he also served as part of the Executive Committee and was in-charge of sales and leasing, marketing, customer relationship management and new product development for projects in India.
Rayomand Dastur, Director Sales and Marketing at Shapoorji Pallonji International Property Developers (SPIPD) said: “Cyrus has earned his position at the group level having led various projects in India while ensuring comprehensive achievement of all target revenues. Known for his unwavering professionalism, we are certain that Cyrus is the best person to lead the business and implement the next phase of the group’s plans in the Middle East.”
Commenting on his new role, Cyrus Engineer, Managing Director at Shapoorji Pallonji International Property Developers (SPIPD) said: “This is the best time to join the team in the Middle East as construction of our flagship project, Imperial Avenue, has just commenced. I am excited to lead our young and talented team in Dubai, and feel confident about the opportunities that lie before me, all of which are part of a bigger internationalization plan for the Shapoorji Pallonji Group.”
Previously recognized for its contracting business having completed key projects in the region, the company ventured into property development with the launch of its first international real estate project, Imperial Avenue, last year.
ABOUT SHAPOORJI PALLONJI (SP) INTERNATIONAL PROPERTY DEVELOPERS
With a workforce of over 35,000 employees and presence in 45 countries globally, Shapoorji Pallonji (SP) is now foraying into the sphere of international property development through its arm – Shapoorji Pallonji International Property Developers (SPIPD). The company, which is headquartered in Mumbai, India, has completed key projects in the region including the Nad Al Sheba Bridge, Golf Villas for Emaar, Dubai Park Towers for DAMAC, Fairmont Bab Al Bahr Abu Dhabi and Barwa City Qatar. Currently, the company is contracted to complete Rove Hotels for Emaar, Landmark headquarters, Bloom Abu Dhabi and Mudon Villas Dubai. Committed to building a long-term relationship with the Middle East and Africa, Shapoorji Pallonji International Property Developers’ first real estate project outside India, Imperial Avenue, is currently being constructed in Dubai, United Arab Emirates.
ABOUT SHAPOORJI PALLONJI GROUP
Shapoorji Pallonji is one of India’s oldest business conglomerates with a rich legacy of more than 151 years constructing world-renowned landmarks including the tallest residential building in India, the largest mall in India, the largest cement clinker plant in Asia, nuclear research establishments, airports, factories, stadiums and more. In 1971, Shapoorji Pallonji became the first Indian construction company to venture into the Middle East, when they were chosen to build the 'Royal Palace for the Sultan of Oman'. Today, they are present in over 45 countries globally. From a small company in 1865 to a conglomerate in the present day, Shapoorji Pallonji Group of Companies has subsidiaries in construction, real estate, textiles, engineering goods, home appliances, shipping, publications, power, and biotechnology.
ABOUT IMPERIAL AVENUE
Imperial Avenue, an exclusive collection of luxury homes in Downtown Dubai, is Shapoorji Pallonji’s first real estate project outside India. Complete with three levels of free flowing podiums and state-of-the-art facilities, Imperial Avenue consists of 1, 2, 3 and 4 bedroom apartments, 4 and 5 bedroom penthouses, 3 bedroom villas and 4 and 5 bedroom villas with private pools at the podium level. Standing 45 storeys tall with 424 apartments and 5 levels of parking, Imperial Avenue emphasizes on opulent living spaces offering high quality living. With modular kitchens, designer bathrooms and private decks, every apartment is unique. A premium 10,000 sq. ft. lobby, rooftop infinity pool, family pool on the 9th floor, fitness center, squash court, indoor and outdoor kids play area, private AV room and private function hall is available for residents of Imperial Avenue.
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© Press Release 2017