Ayesha Thapar is the Joint Managing Director of Indian City Properties Ltd. (“ICP”). ICP is the real estate arm of the KCT Group, one of India’s leading business conglomerates with interests in several sectors including bulk commodities, infrastructure, capital and engineering goods, aquaculture and real estate development.
Ayesha joined ICP in 2008 and since then has concentrated her attention on re-evaluating the strategic ambitions of the company, implementing an operational framework and establishing a culture of collaboration and transparency that sits at the heart of ICP’s company vision. At that time ICP was more of a landlord than a developer of real estate; it had no distinct long term strategy and a limited vision. Over the last five years, under Ayesha’s leadership, ICP has defined and implemented a clear strategic vision. This vision is to become a leading developer of high-end real estate with a portfolio of residential and commercial assets across India that focus on superior quality construction, innovative design and sustainable architecture.
Ayesha has a distinctive hands-on management style. She has introduced an operational framework that provides direction and structure, and that complements/supports the company strategy. She established formal business processes, budgets and targets that promote profitability and drive organic growth. Each acquisition and development is scrutinised against the company’s long term strategic goals and investment criteria.
Ayesha encourages a strong work ethic; accordingly ICP and its employees are structured around ambitious but achievable goals with regular appraisals. Ayesha leads a team of talented professionals who are aligned with the company vision, motivated by the culture of collaboration and transparency and who adhere to industry best practice. Ayesha upholds the group-wide philosophy that real success cannot be measured on bottom line alone and so, from concept to creation, each project is executed to the highest of standards and with the company’s long term strategy in mind.
In addition to her role at ICP, she is a director of The Waterbase Ltd. and Integrated Realty Private Ltd. She loves to paint and has a jewelry line to her name. Before joining ICP, Ayesha launched her own business and was the CEO of a Telecom VOIP company (Tel3) in the US for five years. She is the great grand-daughter of Karam Chand Thapar, the founder of the Thapar Group. Her father, Vikram Thapar is Chairman and Managing Director of KCT Group of Companies.