Mr. Praveen Kumbala is the Founder and Managing Director of Mahaveer Group. Praveen's leadership, customer insight and operational expertise have strengthened Mahaveer's tradition of innovation, expanded the company into new markets, and extended its product portfolio and regional reach. In 1997, Praveen began his sole entrepreneurial venture, which now stands tall and is now worth Rs 10 billion, with a built-up area of 10 million sq ft and 115 completed projects to its credit. Today, with over 12000 satisfied customers who vouch for the high quality standards and value consciousness of Mahaveer, the company has stood the test of time.
Praveen is a qualified civil engineer who entered the real estate sector with a vision to drive quality at honest prices. The march is on as he seeks to create truly international housing standards. His benchmarks are distinctly different from that of industry milestones.
From a mere 13-flat first project to luxurious gated communities sprawling 122 acres and 2000 apartments, the growth curve has been steady and progressive. However Praveen is set to redefine the aesthetic standards in the industry and Mahaveer has collaborated with international associations for product design. Regional expansion to be a national player is also on the anvil. Up-skilling and research for better, sustainable and eco -friendly products are also ongoing under his tutelage.
A voracious reader, he stays grounded with simple living principles, even as his thinking remains inspirationally high. Mr. Praveen Kumbala and Mrs. Bhagya Laxmi Kumbala are on the board of directors of Reddy Structures Pvt. Ltd.
As the CEO of the Mahaveer Group, Devadas Mundhra is a hands-on Real Estate professional, bringing to the table a combination of architectural, technological and commercial understanding.
At the helm of one of Bangalore's established Real Estate firms, Devadas' leadership style is personified by being part of the team, getting to the heart of the matter and taking ownership for the job.
Ever since he assumed the role of CEO at the Mahaveer Group in September 2015,he has been passionate about making the Company a great place to work, encouraging project execution through the introduction of incentives and handing over 1 million square feet to customers. Today, 30% of the business coming in is from customer referrals, a silent tribute to the overall functioning of the organisation.
Devadas' prior experience includes heading the architectural and engineering divisions of a major Real Estate Player. He is equipped with an international degree in Architecture and Town Planning from the prestigious Hochschule fur bildende Kunst, Hamburg/Germany and pursued an additional specialisation in Fire Safety Engineering at Dresden/Germany.
Upon his return to India at the end of 2006, he headed the Real Estate and Outsourcing branches of an architectural firm in Bangalore, with a focus on implementing technology-based construction in the real estate sector. This was followed by a leading role as Executive Vice President of Sobha Developers Ltd, between 2011 and 2013
Outside the work arena, Mr. Devadas Mundhra is dedicated to making a difference in society. He serves as Vice President of Shishu Mandir, a registered Society running an orphanage and educational institutes. He is also a passionate sportsperson and enjoys cricket, swimming and badminton.
Dr. Naveen Kumbala is a corporate honcho with a difference. A vet with an advanced diploma in IT systems from London, he now heads the procurement division for Mahaveer Group. He joined Mahaveer in 2007 and has to his credit, effective implementation of inventory software initiating the transition of hands- on operations to a more productive IT Operations, binding the various stakeholders seamlessly.
Dr. Naveen’s responsibilities include meeting new market challenges with alternative materials and eco-friendly concepts to drive sustainability. He is on a mission to create synchronized systems to reach a high level of accountability and transparency with the customers. Revolutionary in outlook, Dr. Naveen is a nature lover, which is reflected in his efforts to bring in eco-consciousness at the product design level to resolve global issues.