Rhythm Resitel is promoted by the Jatia family. The group brings to the table combination of age old experience & innovation of fresh ideas. Adherence to our 30 year old philosophy of fulling commitments to our customers & creating value for all stakeholders shapes our approach towards business and governs the manner in which we handle all our relationships.
Mr. Ashok Jatia has been a successful business entrepreneur in areas of metals trading, garments manufacturing and real estate over the last 30 years. Since 2000, Mr. Ashok began developing the group's real estate business through land and property acquisitions in Mumbai and other parts of Maharashtra including Lonavala and along the Mumbai-Pune Highway. Mr. Ashok has strong expertise in the fields of land acquisition, project implementation and materials procurement. As Chairman of the Rhythm Group, he draws upon his wealth of experience and business acumen to shape the strategic direction of the Group's business activities.
Mr. Vaibhav Jatia graduated from the Wharton School of Business with degrees in Finance & Economics. Post graduation he worked on Wall Street in New York for 2 years in the investment banking industry. In 2007, Mr. Vaibhav moved back to India and has worked in the real estate private equity industry as an investment professional. Mr. Vaibhav was one of the first members of Lehman Brothers' Real Estate Private Equity Team in India and was responsible for real estate investments in India. At Lehman Brothers, he analyzed over 50 real estate investment opportunities and funded 3 transactions for total equity investment of over $70mm across residential, retail and commercial projects. Mr. Vaibhav has also worked with Westbrook Partners, another large global real estate private equity firm (fund size of $3bn) and was part of a two-member team responsible for real estate investments in India. At Rhythm, Mr. Vaibhav is responsible for project selection & conceptualization, capital raising, project planning, liasoning and sales & marketing.
Mr. Ashish Jatia graduated from the Wharton School of Business with degrees in Finance, Real Estate & PPE (Politics, Philosophy & Economics). Subsequently, he worked as an investment professional at the Real Estate Private Equity arm of the Blackstone Group in New York (fund size of $23.8bn across funds). Blackstone is the world's largest investor in the real estate space. At Rhythm, Mr. Ashish is looking after project execution & implementation.
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