Ramesh Chandra
Real Estate

Ramesh Chandra Net Worth

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Ramesh Chandra, born in 1939 in India, was once worth over $11 billion in 2007, but has yet to regain his billionaire status. His property developer Unitech, founded in 1972, has been embroiled in a telecom corruption scandal that led to his son Sanjay being jailed for seven months. Unitech recently settled a dispute with Telenor by agreeing to sell its stake in Uninor, and is now in talks with private equity firms to sell its two special economic zones and an IT park to reduce its $1 billion debt. Chandra is a trained engineer and his wife is a doctor, and their family foundation has funded a school in Gurgaon.
Ramesh Chandra is a member of Real Estate

Age, Biography and Wiki

Birth Year 1939
Birth Place India
Age 84 YEARS OLD
Residence New Delhi
Education IIT Kharagpur University of Southampton
Known for founder of Unitech
Spouse(s) Dr.Pushpa Chandra

💰 Net worth: $695 Million (2024)

Ramesh Chandra, popularly known as the Real Estate tycoon in India, is renowned for his immense success and achievements in the industry. With an estimated net worth of $695 million in 2024, he has undoubtedly made a significant impact on the Indian real estate market. As the founder and chairman of a leading real estate development company, he has been instrumental in transforming the landscape of major cities in India through his visionary projects. Ramesh Chandra's commitment to innovation and excellence has earned him widespread recognition and admiration, solidifying his position as one of the most influential figures in the Indian Real Estate sector.

2010 $1.4 Billion
2011 $1 Billion
2018 $1 Billion

Biography/Timeline

1938

Ramesh Chandra, was born in 1938/40 to a banker, and spent his formative years in Farrukhabad, a town in Uttar Pradesh. After finishing his schooling here, he joined IIT Kharagpur, where he studied structural engineering.

2014

He is married to Dr. Pushpa Chandra, and has two children — Ajay Chandra and Sanjay Chandra.

2016

He moved into real estate and civil engineering in 1985 to build middle-class homes and completed many prestigious projects in Gurgaon, UP, and Libya, among other middle-eastern countries. His publicly traded company, the Unitech Group The company is now largely under the management of two sons — Ajay Chandra and Sanjay Chandra with latter being in charge of Unitech Wireless. In 2011, Sanjay Chandra was implicated in the 2G spectrum case and was arrested by the Central Bureau of Investigation. Ramesh Chandra was jailed on 11 January 2016 on charges of cheating.

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Tags Indian billionaires 1939 births 1940 births Living people Indian Institute of Technology Kharagpur alumni People from Delhi Businesspeople from Delhi People from Farrukhabad 2G spectrum case Indian business biography stubs

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.