Who is Balaji Raghavan and what is his new role at Ironwood?

Balaji Raghavan has been appointed by Ironwood to lead its affordable housing and real estate development initiatives.

What is Trio Infrastructure Private Limited's current project?

TIPL is developing a residential project in Madhuban Township, Gokhivare, Vasai East, offering 1 BHK and 2 BHK homes.

Home / Business and Economy / Ironwood Taps Housing Expert Raghavan

Ironwood Taps Housing Expert Raghavan

Q: What experience does Balaji Raghavan bring to Ironwood?

Raghavan has over 20 years of experience in mortgage finance, real estate investments, and development, with a strong track record at ICICI Bank and IIFL.

26 Nov

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Summary

Balaji Raghavan appointed to lead affordable housing initiatives.
Ironwood acquires Trio Infrastructure Private Limited via share swap.
Raghavan brings over two decades of mortgage and real estate experience.

Ironwood has appointed Balaji Raghavan to spearhead its affordable housing and real estate development initiatives, bolstering its presence in a key Indian residential sector. This appointment comes after Ironwood Education Limited's recent agreement to acquire 100% of Trio Infrastructure Private Limited (TIPL) through a no-cash share swap, making TIPL a wholly owned subsidiary.

Raghavan, a seasoned professional with over two decades of experience, previously managed a substantial ₹60,000 crore home-loan portfolio at ICICI Bank and led real estate investments at IIFL, deploying over ₹12,000 crore. His expertise includes mortgage finance, real estate investments, and development, with a recent focus on Mumbai's affordable housing sector since 2021.

TIPL, under Raghavan's guidance, is developing a 2,52,000 sq. ft. residential project in Gokhivare, Vasai East, offering 1 BHK and 2 BHK homes. The project is on schedule, supported by strong sales and financial backing. Ironwood is also advancing approvals for two additional affordable housing projects slated for launch within the next six months.

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