Chirag Singhal Appointed as Vice President – Hotel Investments at JLL India | Redefining Real Estate Investments Through Strategy, Scale, and Sectoral Vision
In India’s dynamic and rapidly evolving real estate investment landscape, where financial precision must align with strategic foresight, Chirag Singhal has emerged as a name synonymous with analytical excellence and transformational leadership.
Now appointed as Vice President – Hotel Investments at JLL India, Chirag represents a new generation of investment leaders — those who understand that successful real estate strategy is as much about insight as it is about impact.
With a career that spans over a decade across hospitality investments, capital markets, and corporate advisory, Chirag’s journey reflects an unrelenting commitment to creating value through disciplined execution, robust financial modeling, and deep sectoral expertise.
Based in Gurugram, he now leads key mandates in hospitality asset transactions and investment strategy, contributing to JLL’s continued dominance as a global leader in real estate advisory and investment management.
A New Chapter at JLL India: Scaling Hospitality Investments with Vision
Chirag’s elevation to Vice President – Hotel Investments at JLL India marks an important chapter in both his professional journey and the broader Indian hospitality sector’s growth story.
At JLL, he plays a pivotal role in structuring and executing hotel investment deals, advising asset owners, institutional investors, and developers, and strengthening JLL’s advisory footprint across India’s premium and luxury hospitality markets.
Previously serving as Assistant Vice President – Hotel Investments, Chirag worked on several landmark transactions across high-demand leisure and business destinations. His understanding of hotel valuations, acquisition strategies, and investment structuring positioned him as a trusted advisor for investors navigating India’s post-pandemic hospitality resurgence.
In his current role, Chirag focuses on identifying strategic opportunities, optimizing returns on capital deployed, and aligning hospitality assets with evolving market demands. His ability to blend technical analysis with real-world business insight allows him to design investment strategies that are both innovative and resilient.
Mountainia: Shaping a $100 Million Investment Portfolio Across India
Before joining JLL, Chirag made a defining mark as Manager (Investments | Buy Side) at Mountainia, where he led the investment team responsible for acquiring 4- and 5-star hotel assets across India.
His results speak volumes:
- Sourced and evaluated over 200 deals (~20,000 keys)
- Closed 9 transactions (~900 keys) across marquee destinations such as Ladakh, Manali, Delhi/NCR, Pune, Kolhapur, Goa, and Bengaluru
- Structured deals worth approximately $100 million
From creating complex financial models to crafting detailed Investment Memos for the Investment Committee, Chirag displayed a rare blend of analytical sharpness and strategic storytelling.
His work helped Mountainia scale its national hospitality portfolio, setting new benchmarks in structured acquisitions and data-driven investment decisions.
Colleagues from that phase describe him as “a leader who doesn’t just analyze deals — he builds conviction around opportunities.”
Oxane Partners and Kautilya Finance: Building Core Investment Expertise
Earlier, Chirag honed his skills in institutional investment at Oxane Partners, where he worked as an Associate – CRE Underwriting (Buy Side).
Here, he specialized in commercial real estate underwriting, due diligence, and risk assessment, gaining exposure to complex multi-asset portfolios and investor mandates.
At Kautilya Finance Investment Advisors LLP, he served as Investment Consultant, leading deal analysis for transactions exceeding $40 million, primarily focused on residential high-rise projects in Delhi/NCR.
His rigorous analytical framework, combined with deep understanding of financial modeling and asset valuation, established his early reputation as a trusted investment strategist.
These experiences gave Chirag a 360-degree understanding of the Indian real estate market — from developer-side complexities to investor expectations and global capital flows.
The Foundation: From Audit and Advisory to Asset Intelligence
Chirag’s professional foundation was built on precision and process. He began his career at APRA & Associates LLP, where he spent over five years in audit and assurance roles — first as a Paid Assistant, later as an Executive.
This grounding in financial controls, compliance, and risk frameworks honed his attention to detail and equipped him with a solid base for investment management.
His subsequent tenure at PwC further refined his exposure to structured finance and large-scale corporate advisory projects.
At RAC Enterprise, where he served as Partner, Chirag’s entrepreneurial instincts came to the fore — managing operations, analyzing opportunities, and driving business outcomes in the SME and mid-market investment space.
Together, these experiences shaped a professional capable of not only analyzing numbers but understanding the stories they tell — the stories of assets, opportunities, and human enterprise.
Leadership Philosophy: Strategic Clarity, Collaborative Growth
What sets Chirag apart is his ability to lead with both precision and perspective.
He believes that successful investment strategy demands three essential ingredients: clarity of purpose, collaboration across functions, and courage to innovate.
He approaches leadership as a collective process — empowering teams to think beyond spreadsheets and encouraging them to explore the “why” behind every investment decision.
Colleagues describe him as a strategist with empathy — someone who values people as much as performance.
His analytical leadership style is matched by his humility and focus on mentorship — traits that continue to make him a trusted professional across India’s hospitality and real estate investment ecosystem.
A Vision for the Future: Institutionalizing Hotel Investments in India
As India’s hospitality sector witnesses unprecedented transformation, Chirag’s focus lies on institutionalizing hotel investments, driving transparency, scalability, and long-term sustainability.
At JLL India, he is poised to strengthen the integration of data intelligence, ESG frameworks, and investor education into hotel transactions, ensuring that capital inflow aligns with sustainable and inclusive growth.
He envisions a market where Indian hospitality assets are not just real estate, but resilient ecosystems — powered by experience, sustainability, and smart capital.
His mission aligns seamlessly with JLL’s broader vision of shaping the future of real estate for a better world.
CXO Gateway Reflection: Celebrating Next-Gen Investment Leadership
At CXO Gateway, we celebrate leaders like Chirag Singhal, whose journeys redefine what modern investment leadership looks like — sharp in intellect, grounded in integrity, and global in perspective.
From his beginnings in audit and finance to leading complex hotel acquisitions and strategic investments, Chirag’s story embodies the evolution of a 21st-century investment leader — one who combines numbers with nuance, and deals with discipline.
As Vice President – Hotel Investments at JLL India, Chirag isn’t just managing capital — he’s shaping the future of hospitality investments in India, bridging vision with value, and opportunity with purpose.