Director
Head of Department (Director) of Civil Works & Real Estate for K-Electric and is responsible for new land acquisitions / New Rental properties, settlement of properties legacy issues/ dues, Property Evaluations, Lookbacks & Rental yield monitoring, Properties space optimization & design standardization, Property title maintenance of 400 plus properties (Value Rs. 80 Billion) of K-Electric & Real estate data Management system to cater office space allocations. The job involves planning & executing capex investments up to Rs. 600 Million annually to construct & up-grade offices, grids, plants, warehouses, and business centers.Started Facility management program in 2017 for the property network covering 150 plus sites. Major Achievement: Implemented rent free vision by consolidating & optimizing PropertiesAcquisition of 216 Acres Land at PQA for Coal Plant Rs. 2.9 BB, 5 Lands for Grids Rs. 500 mm, Lease renewals of 25 Major Properties.High level Property Optimization / utilization study for prime sites -4 Acres Elander I I Chundrigar Road (Valuation Rs. 6 BB), 2 Acres FL Site at Gulistan e Jauhar (Rs. 1.25 BB) & 2 Acres Club Land (Rs. 4 BB) at Phase-8 DHA. Divestment study for dormant sites in the networkDesigned & developed Property data base REDBMS Undertook major construction & up-gradation projects at IBC s, grids, plants, warehouses& Offices Avg. Rs. 600 mm per year, Launched Facility Maintenance Program across the company in Oct 2017 Rs. 200 mm per year