Atul Chordia

Chairman
Panchshil Realty
Atul Chordia is the Founder & Chairman of Panchshil Realty, one of India's finest luxury real estate brands. Under his aegis, Panchshil has redefined high-end luxury real estate in India for the past three decades through unparalleled construction quality and workmanship. Since its inception in 2002, Panchshil has delivered 31.7 million sq. ft. of premium office parks, data centres, residential, hospitality and retail developments. With over 27.6 million sq. ft. currently under development, Panchshil has been synonymous with transforming skylines through world-class architecture.
Understanding the dynamic nature of the hospitality industry and envisioning long-term growth, Atul founded Ventive Hospitality, making the bold decision to take his hospitality assets to the public market. As a premier division of Panchshil Realty, Ventive Hospitality stands at the forefront as a visionary owner, developer and asset manager of luxury and business hotels and resorts. Its portfolio boasts an impressive collection of 11 fully operational hotels and resorts, including JW Marriott, Pune, The Ritz-Carlton, Pune, DoubleTree by Hilton, Pune, Courtyard by Marriott, Pune, Marriott Suites, Pune, Oakwood Residence, Pune, Aloft Bengaluru Outer Ring Road and Aloft Bengaluru Whitefield. He has also played a pivotal role in Ventiveʼs foray into international territories, with the launch of Raaya by Atmosphere in the Maldives and driving strategic acquisitions like Conrad Maldives Rangali Island and Anantara Resorts. With 2 additional properties currently under development in Sri Lanka and Varanasi, Ventive continues to solidify its position as an emerging leader in the global hospitality industry.

Driven by his foresight and ability to identify emerging opportunities, Ventive Hospitality achieved a significant milestone with its public listing in December 2024, planned and executed in just six months under Atulʼs guidance. This milestone reflects his bold and unconventional approach to risk-taking, visionary leadership and his belief in the potential of his team and Ventiveʼs transformative capabilities in the hospitality sector.

Ventiveʼs public listing marks the beginning of an exciting chapter for the brand, setting the stage for its continued evolution as a pioneer on the global stage and exemplifying Atul’s relentless pursuit of innovation and excellence.

ESG INITIATIVES
Atul Chordia plays a pivotal role in advancing Ventiveʼs ESG efforts, guided by its ESG mission – “Integrate responsible practices in all facets of our operations and helping to create a more sustainable and inclusive world.”

These include adopting green energy solutions, water recycling systems and eliminating single-use plastics across its projects. Flagship properties like JW Marriott Pune are certified by the IGBC under the LEED India Green Building Rating System and equipped with EV charging stations, drawing over 50% of their energy consumption from green sources. Courtyard by Marriott Pune, Marriott Suites Pune and The Ritz-Carlton Pune also adhere to this standard. Ventive operates four captive windmills in Satara, Maharashtra, generating 14.8 MW of electricity in FY24 and has installed solar panels at its Maldives properties—Anantara, Conrad and Raaya by Atmosphere—as well as at Courtyard by Marriott Pune, which hosts a rooftop solar PV project generating 60kW of power. Water-saving aerators have been installed on taps and showers across all developments in India, with wastewater recycled through sewage treatment plants for cooling, irrigation and toilet flushing. Additional efforts to reduce waste include implementation of electronic waste collection and reusable glass water bottles to reduce single- use plastics in guestrooms and F&B outlets, as well as strict plastic-free guidelines at the Maldives resorts, where guests can participate in conservation activities like reef cleaning and coral planting.

Furthermore, Ventive emphasizes social responsibility by supporting skill development through internships for Maldivian hospitality students and plans to implement the Skill India Initiative for sustainable employment and the recruitment of people with disabilities. Partnerships with organizations like Sparsh and Rising Stars Outreach reflect the brandʼs commitment to supporting underprivileged children. With robust governance practices, overseen by a professional management team and an experienced Board of Directors, Ventive ensures transparency, accountability and ethical operations across all its business practices.

As an industry stalwart, Atul Chordia has been honoured with numerous awards and industry recognitions

NOTABLE AWARDS RECEIVED:
  • The Hoteliers Award
  • Developer of the Year Award – 2019-2020
  • Asia One – World's Greatest Leaders Award – 2017-2018
  • The Times of India- Real estate Icons of Pune Award for the Year 2022
  • The Legend of Maharashtra – Icons of Jain Samaj Award


  • MEMBERSHIP AFFILIATIONS:
  • The National Real Estate Development Council (NAREDCO)
  • CREDAI Pune Metro
  • Young Presidents Organisation (YPO) / World Presidents Organisation (WPO) – Pune Chapter
  • World Trade Centre (WTC Council)
  • FICCI Real Estate Committee