Private equity participation in Indian real estate is shrinking as passive capital models struggle with execution risks. This article examines why the sector is consolidating and how Rajan Gupta’s operator-led approach at Canonicus Capital continues to deliver outcomes.
About The Author
Rajan Gupta is an Executive Director at Canonicus Capital. An ISB alumnus (Class of 2016) with ~20 years of real estate leadership across Unitech, Omaxe, Godrej Properties, and M3M. He has raised USD 1B+ in capital, served on boards including Lehman India (Santacruz) and Trump Towers NCR, and delivered 5M+ Sq. ft. across 2,000 acres.

