Mr. Sanjay G. Ubale
Managing Director & CEO

Mr. Sanjay G. Ubale a distinguished IAS Officer with over twenty years of experience has recently been appointed as the Managing Director & Chief Executive Officer of Tata Realty and Infrastructure Limited. He has a B.Sc (Physics, Mathematics & Statistics) from Mumbai University and further on went to do his Masters in marketing management from Jamnalal Bajaj Institute of Management, Bombay University and development studies from the University of Bath, UK.

In his successful career spanning over twenty years, Mr. Ubale has held may key positions notable amongst which were: Managing Director of a public sector undertaking called Maharashtra State Seeds Corporation, where Mr Ubale was responsible for a dramatic turnaround. Mr. Ubale was also the Collector and District Magistrate in Sangli district of Maharashtra. He was also the Project Director of the World Bank and DfID assisted Water Supply and Environmental Sanitation Projects. These two community-based projects aimed at extending sustained health benefits to over 600 villages through improved access to clean drinking water, its optimum and proper use and finally its safe disposal.

His last assignment before joining TRIL as MD & CEO was as Secretary, Special Projects, Government of Maharashtra which involved creating a vision for the city of Mumbai and suggesting measures for its transformation into a world class city. As a result of this a number of initiatives are underway such as creation of road & rail infrastructure, housing & urban renewal projects, development of an international financial centre & improved governance frameworks



Mr.Phillie D. Karkaria
Executive Director

Mr. Phillie D. Karkaria is the executive director of TATA Realty and Infrastructure Limited (TRIL). He has been working with Tata Sons Limited since 1986, primarily with their Financial Services Division, offering corporate advisory services to Tata companies.

Previously, Mr. Karkaria has also spent 13 years in the UK, working at the London office of one of the Big four professional firms, the National Health Service (NHS) and Standard Telephones and Cables plc. London. Mr. Karkaria has also spent 2 ½ years working as a Management Consultant with Abu Dhabi National Oil Company (ADNOC).

Mr. Karkaria is a Fellow Member of the Chartered Institute of Management Accountants (FCMA), London and Associate member of the Institute of Financial Accountants (AFA).



Mr.Kishore Saletore
Chief Financial Officer

Mr. Kishore Saletore is the Chief Financial Officer of Tata Realty and Infrastructure Limited (TRIL). TRIL is a 100-per cent subsidiary of Tata Sons. Prior to joining TRIL, Mr Saletore was the Vice-President, Finance at Tata Teleservices Limited, where he was responsible for raising equity and debt funding for the company. He has participated in, and led, several financing assignments for the company.

Earlier, he was Vice President – Finance, at Hughes Telecom India Limited (now Tata Teleservices (Maharashtra) Limited), where he played an instrumental role in taking the company public in 2000 through an Initial Public Offering of approximately US$200 million, which was then one of the largest IPOs in India.

Mr Saletore has syndicated over US$6 billion in equity and debt financing through domestic & international offerings.

Before this, he spent approximately 6 years at ITC Limited, where he was part of the fund management team for its investment companies.

Mr. Saletore is a Chartered Accountant and a graduate of the Indian Institute of Management, Bangalore



Mr.Sunil B.Shinde
Vice President – Projects

Mr. Sunil B.Shinde is Vice President – Projects at TATA Realty and Infrastructure Limited. He is a Civil Engineer from VJTI Mumbai with over 29 years of experience in Construction Industry wherein he has mainly worked with leading construction companies like L&T construction Group and Hindustan Construction Company.

During his career Mr. Shinde was associated with construction of various prestigious projects through L&T-Construction Group & Hindustan Construction Company, these were:

- Nuclear power (2*1000MW Kudankulam & 2* 220MW RAPP-Kota)
- Bridges (Naini cable stayed, Nizamuddin Bridge & Yamuna Bridge)
- Highways (Rajpura-Sirhind 4 laning of NH1)
- Airports ( Visitor’s Lounge / widening of flyover for IGI airport-Delhi, Runway up-gradation & CATIII lighting at Delhi),
- Ports / Marine structures (JNPT- for few of the buildings), 2 km breakwater & pumping stations of Kudankulam Nuclear power project),
- Hydropower / Irrigation Projects (Devighat-Trishuli up-gradation in Nepal, Hathanikund canal-Haryana)

Buildings & Industrial structures such as (Nylon tyre cord project, L&T-Tengel expansion at Powai & Hazira, HDFC building, Cold rolling mill of Tata Steel, Colour Coating line of NDIL, Boundry control points in Iraq etc)

Urban Infrastructure projects like the Metro Rail ( Underground 4 km cut & cover portion in Joint Venture, Elevated structure of 4 km & at grade package of 6km) in New Delhi for DMRC). He also headed the Business Development team of HCC which secured record business.



Mr.Ratnakar P. Mahajan
Vice President – Business Development

Mr. Ratnakar Pramod Mahajan has joined us as Vice-President - Business Development, responsible for business development activities and Land Aggregation at Tata Realty & Infrastructure Ltd (TRIL). He has joint TRIL in March 2007 after his 33 years stint in Voltas Ltd., a Tata Group company.

Mr. Mahajan is a B.Tech (Hons.) from IIT, Kharagpur and has also done his EDP in Finance from Jamnalal Bajaj Institute, Mumbai. He has been associated with the Tata Group for last 34 years, during which he has handled various assignments in Senior management capacity such as Operations of the Business Division; mainly Pumps and Projects division, Civil Construction division and Property division as well as other departments like Marketing, Audit, Administration, Legal, Commercial, etc.

In his last assignment at Voltas, he was Vice President- Property & Water Management Business. He was the Profit Centre Head and responsible for evolving Strategic Business Plan and set directions for all the above business divisions.

Mr. Mahajan is associated with property development activities of Voltas Ltd since 1994.



Mr.Rusty J.Treasuryvala
Vice President –Airports

Mr.Rusty J.Treasuryvala is the Vice President – Airports at Tata Realty and Infrastructure Limited (TRIL). He is a qualified commercial pilot with over 31 years of experience in airport operations and airport management (specially as Airport Director for 16 years).

As Airport Director of Calcutta, Mumbai and Chennai airports, he was responsible for the operations and administration of the entire airport, including dealings with other airlines and the public. The post required him to be the Chairman of several Airport inter-organizational committees, such as:

• Airport Security Committee
• Airport Facilitation Committee
• Cargo facilitation committee
• Bomb threat review committee

As Executive Director (operations) at the headquarters of Airports Authority of India, New Delhi, he was responsible for the entire operational activities of all the Metro airports. He was responsible for allotment of parking bays to scheduled and non- scheduled airlines for management of slot allotment to airlines and for evaluating passenger opinion surveys to improve ratings for enhanced customer satisfaction.

In April 2005, He was appointed “Theme Leader” for the Indo European Union “on security and safety” and led the Indian delegation to Paris, Manchester and Toulouse airports.



Mr. G. Anantharaman
Special Advisor to the Chairman

Mr. G. Anantharaman belongs to the Indian Revenue Service (Income-tax 1968), and has worked in various senior capacities in the Revenue Service of the Government of India before retiring as Chief Commissioner of Income-tax - Mumbai in June 2004.

Mr. Anantharaman has handled several tax fraud cases and matters relating to tax administration. He was also one of those who were instrumental in developing the Anti-Money Laundering Draft provisions in the Indian context in 1995-96.

Subsequently, on retirement from the Indian Revenue Service, he joined the Capital Market Regulator, Securities and Exchange Board of India (SEBI), as a Whole Time Member, in charge of Surveillance, Investigations and Market Regulations. He continued to occupy the said position till 13th March, 2008.



Mr. Shirish Ranade
Consultant – Planning & Monitoring.

Mr. Ranade is a Civil Engineer with about 35 years of experience in engineering management, construction & planning for various diversified projects like refinery, petrochemicals, thermal power plants, five star hotels, convention centre, IT Parks, cement plants etc.

He has previously worked with L&T for about 30 years and has also been part of the Public Works Dept., Govt. of Maharashtra.



Mr. Sushil Sharma
Consultant – Architecture

Mr. Sushil Sharma is a Consultant for Architecture and Urban Design projects. He brings with him rich experience from a developer’s perspective as he has previously been associated with various leading developers