Veerendra Shadakshri

Veerendra Shadakshri

Veerendra Shadakshri

Managing Director Ramanashree Group

Mr. Veerendra Shadakshari is currently the Managing Director of the Ramanashree Group, a business house with verticals in Real Estate, Hospitality, Education and other sectors. He is responsible for the operations, marketing and corporate planning activities of the group. He is focused on developing the overall group strategy and indentifying opportunities for growth in new and emerging markets.

Ramanashree Hotels, a well recognized leader in the Bangalore Hotel space with many firsts to their credit including being the first hotel to tie up with an international chain within India and being the first hotel to be established in the three star category. Veerendra was instrumental in starting a budget category hotel for the Group. This venture called “Red Mount Hotels” was aimed at the budget conscious travelers with a catch line of “Smart People Pay Less”. As Managing Director he initiated key projects in making the chain eco friendly such as

  • The first resort to have a roof top solar installation producing upto 25% of the power demand.
  • Installed wood fire water heaters thus reducing the traditional coal or diesel based water heating systems.

He is responsible for managing the teams that are actively involved in the group’s interests in Real Estate and has been instrumental in completing commercial and residential projects thus growing the real estate portfolio of the company. He holds the position of Vice President of the Ramanashree Udaya Educational Institutions and serves as a trustee on its society.