Colliers has announced a strategic leadership expansion in South India, appointing Kishore Veeraghattam as Managing Director for Chennai while he continues to lead the Hyderabad operations. This dual mandate positions him to guide business strategy, growth initiatives, and client engagement across two of the region’s most dynamic commercial real estate markets, reflecting Colliers’ emphasis on integrated leadership and market expansion.
With over seven years at Colliers, Veeraghattam has developed extensive expertise in corporate real estate solutions, commercial leasing, and market development. Industry analysts note that his appointment aligns with a broader trend in South India, where real estate advisory firms are increasingly seeking experienced leaders to navigate complex urban markets marked by high growth potential, rising investment flows, and evolving regulatory frameworks. Chennai and Hyderabad represent critical hubs for commercial real estate in India. Chennai continues to witness growth in IT, manufacturing, and logistics sectors, while Hyderabad maintains its position as a technology and start-up hotspot, supported by infrastructure expansion and improved urban connectivity. Colliers’ decision to consolidate leadership under a single executive allows the firm to implement harmonised strategies, leverage cross-city insights, and scale client services efficiently. Veeraghattam’s prior experience at prominent firms such as JLL, Knight Frank, Cushman & Wakefield, and ICICI Prudential Life Insurance Company has equipped him with deep operational knowledge and an understanding of diverse real estate asset classes. Observers suggest that his appointment could help Colliers capture emerging opportunities in flexible office spaces, industrial parks, and mixed-use developments, while supporting sustainable growth practices that integrate environmental, social, and urban planning considerations.
Commercial real estate in South India is increasingly influenced by demand for green buildings, transit-oriented development, and climate-resilient infrastructure. Experts note that advisory and consultancy firms play a critical role in shaping investment flows that are responsible, inclusive, and aligned with long-term urban sustainability goals. Leadership stability at this level is seen as key to guiding clients through regulatory compliance, market due diligence, and strategic acquisitions. The dual leadership role also signals Colliers’ commitment to reinforcing client relationships across major South Indian cities, ensuring that corporate tenants, investors, and developers receive consistent, high-quality advisory services. Urban planners suggest that such strategic alignment can contribute to more coherent urban development patterns, reduce market fragmentation, and foster equitable economic opportunities across rapidly growing metropolitan corridors.
By placing Veeraghattam at the helm of Chennai and Hyderabad, Colliers aims to strengthen its footprint, capitalise on synergies across commercial markets, and sustain its leadership position in South India’s real estate sector. The appointment underscores a wider trend of consolidating expertise to navigate evolving urban landscapes while delivering measurable business and civic outcomes.
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