Ritesh Sonavane Email and Phone Number
A result-oriented professional with over 17 years of total work experience in Commercial sales/ Leasing & Business Development, project sales, brand promotions, market analysis & team management. Experience of handling international projects, luxury projects, office, mall & specialty leasing. Successfully set-up offices, SEZ’S and non SEZ IT Parks Responsible for generating and maintaining working relationships with property owners, developers, IPC’s, investorsand the Commercial real estate brokers within the designated area or region. Overview the LOI & LLA agreements and amendments as well as all other necessary paperwork related to speciality leasing merchants. Preparing business cases, and participating in legal negotiations Formulate and underwrite original and alternative structure approaches for real estate deals Ability to maximize sales through relationship building, negotiating favorable deals securing strategic alliances Negotiate favorable lease terms with existing tenants during the renewal process in order to maximize leasing revenues and occupancy; Responsible for P&L. Expertise in enforcing annual business plan, income budget & leasing Possess rich experience in Business & market development & product positioning ; managing a team size of 10managers & executives using relationship building as well as team leading skills Formulate the leasing strategy and develop the leasing plan for the centre based on market intelligence and finalize the same with the Director; work cross-organizationally to advance real estate deals. Drive the process of real estate acquisition and develop Business Plan for the Commercial Offices portfolio Strategize with the marketing team to develop and implement advertising, marketing, promotional events Select and oversee property brokers and property management team Develop, lead, motivate, and inspire a professional team enabling them to meet both personal and business objectives and targets.
Cushman & Wakefield
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Managing DirectorSonavane Legal Associates Aug 2024 - PresentPune, Maharashtra, IndiaOversee the firm's strategic operations, HNI client relations, and team management to ensure the delivery of top-tier legal services. Expertise in RERA, family law, corporate litigation, and dispute resolution. lead a dynamic team of professionals to achieve favorable outcomes for clients.
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Associate DirectorCushman & Wakefield Jul 2024 - PresentIndia -
Dgm – Commercial AssetsKalpataru Limited Jan 2021 - Jul 2024Maharashtra, India -
Commercial Sales HeadKohinoor Group Nov 2018 - Jan 2021Pune, Maharashtra, IndiaResponsibilities:• Heading commercial sales at Kohinoor Group. Working on 1.5 million Sq. ft of IT Park in Pune’s upcoming location• Keeping abreast of current market trends by Market survey & research for analysis and forecasting. Competition Mapping (City Level), review sales team performance on a weekly, monthly & quarterly Basis.• Planning, developing & implementing organization’s marketing and sales strategies for commercial sales/ leasing, locations studies to identify potential development opportunities.• Develop & maintain relationships with local/ national and international property consultants; Establishes corporate relationships with key decision-makers across various organizational levels• Creating standard packages for new projects which will enable the regional teams to effectively market the project. Carry out substantive business development work to secure new leads, proposals and pitches to add to the overall leasing deals done by the team.• Presenting the organisations vision and products, create awareness, understanding, interest and preference among corporate.• Formulate the sales & leasing strategy and develop the leasing plan for the commercial office spaces and retail spaces based on market intelligence/ retailer inquiries • Collaborating with IT, R & D clients, Data center clients and corporate clients for their space requirement. -
Manager Commercial LeasingLodha Group Feb 2017 - Nov 2018Mumbai, Maharashtra, IndiaCommercial Sales/ Leasing -
Sr. Manager – LeasingQuadron Business Park & 4 Group Companies – 100% Owned Subsidiaries Of Blackstone Real Estate Jun 2012 - Nov 2016PuneResponsibilities:Leasing/ Marketing• Signing Authority for Lease Deed• Responsible for leasing office and retail space in the business park • Negotiate tenant lease renewals and vendor contracts for leasing office and retail space in the business park• Actively involved in structuring Lease Deeds and Leave and License Agreements for office and retail tenants• Assist with developing the Specialty Leasing budget and business plan and establish objectives as required• Develop and maintain relationships with prospective, existing and short term tenants• Leading the conceptualization and development of Food court and Retail area of office parks• Study, review and recommend policies and procedures that will maximize tenant occupancy of IT Park • finalized zoning and ensure that the right category and brand mix is maintained.• Monitor adherence of all clients to the payment schedule and resolve any issues related to non-payment and delays in payment.• Review the leasing tracker and occupancy / vacancy report on a regular basis.• Ensure that all the terms incorporated in the agreements are unambiguous and as per mutual agreement are documented in a legally acceptable format.
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EclerxEclerx Nov 2010 - Jun 2012Pune, Maharashtra, IndiaAnalyst -
Sr. AssociateWipro Oct 2007 - Nov 2010Hinjawadi Phase 1, Pune, IndiaResponsibilities:• Worked as a Team Coach• Transport Management and Maintenance• Facility Maintenance• Manage relationships with vendors• Actively involved in the QRT • Introduced changes to the existing projects without disturbing the ongoing process, to increase output and reduce operating costs• Involved in training and development of the team
Ritesh Sonavane Skills
Ritesh Sonavane Education Details
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Jspm College, PuneM.B.A ( Hr & Marketing) -
Mmm’S Chavan Law College, PuneB.S.L Llb
Frequently Asked Questions about Ritesh Sonavane
What company does Ritesh Sonavane work for?
Ritesh Sonavane works for Cushman & Wakefield
What is Ritesh Sonavane's role at the current company?
Ritesh Sonavane's current role is Legal Professional / Commercial real estate.
What schools did Ritesh Sonavane attend?
Ritesh Sonavane attended Jspm College, Pune, Mmm’s Chavan Law College, Pune, Savitribai Phule Pune University.
What skills is Ritesh Sonavane known for?
Ritesh Sonavane has skills like Strategic Human Resources Leadership, Human Resource Planning, Strong Organizational And Detail Oriented Skills, Effectively Handles Multiple Tasks Simultaneously, Capable Of Managing All Facilities Efficiently, Ability To Acquire And Apply Knowledge Rapidly, Vendor Management.
Who are Ritesh Sonavane's colleagues?
Ritesh Sonavane's colleagues are Jeff Mehanovic, Vinod Rawat, Ashwani Chhabra, Keith Marvelle Ii, Maryse Verhoeven, Chelsea Swinford, Nicole Solera.
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Ritesh Sonavane
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