Early and personal life
Gupta has done his bachelor's degree in commerce from Shri Ram College of Commerce, University of Delhi. He is married to Shilpa Gupta and has two daughters with her.Career
After doing his B.Com from a college in Delhi, Shravan joined his family business, namely ''Motor & General Finance Ltd. (MGF)'', a vehicle-finance/lending company which had been founded in 1930. He served as a Non-executive director of Motor & General Finance until 30 March 2007. In 1997, MGF diversified into real estate, when Shravan founded MGF Developments. The company created over 5 million square feet of mainly retail space (but also some commercial and residential space), building five shopping malls, including three inJoint Venture with Emaar
In 2005, Shravan's MGF Developments entered into a joint venture with Emaar Properties PJSC Dubai to invest in the Indian realty space. The joint venture company, Emaar MGF, has invested about Rs.8,500 crore in the Indian real estate market, of which about Rs. 7000 crore ( INR 70 billion/ USD 1 billion) was brought in by Emaar, which represents the largest Foreign direct investment in India in the real estate sector. Emaar and MGF announced that they were parting ways, and that the joint venture would be divided vertically. Two months later, Shravan resigned from his position as Executive Vice-Chairman & Managing Director of Emaar MGF.Other Sources
The NCLT later allowed the withdrawal of insolvency proceedings against Shravan Gupta’s real estate firm, after the company reached to a settlement with the homebuyers who had dragged the company to NCLT.References
{{DEFAULTSORT:Gupta, Shravan 1973 births Living people Indian businesspeople Indian real estate businesspeople Businesspeople from Delhi People from New Delhi Shri Ram College of Commerce alumni