Jiten Karnani
CEO + Senior Partner
Jiten is responsible for overseeing all of the firm’s policies and procedures as well as day-to-day operations. Jiten has recently overseen a major expansion of the firm’s financial resources, domestic and foreign market penetration, and products and services. He has led the development of the firm’s domestic and international acquisition program. Today, Deccan Development works in one of the most challenging areas of the real estate field, namely, development of licensed medical facilities such as Emergency Rooms, Diagnostic & Imaging Clinics, Dialysis Centers, and Ambulatory Surgery Centers. Additionally the company also focuses on mixed-use commercial land development, that includes multi-family, office, residential condominiums, medical, retail, and parking structures.
His early development projects were single-family residential and low-rise condominiums projects. He then expanded to larger multi-family complexes and specialty medical outpatient facilities. The big break into commercial development came in early 2005 with the development of two mixed-use high- rise towers in Mumbai, India. Several major projects followed in the US, including mixed-use retail, multi-family, medical and commercial office buildings.
Jiten has a very strong background in project management. His success in real estate development is based on his ability to assemble the right team of professionals to address the complex environmental, economic, and political issues inherent in a development project.
Prior to Deccan Development, Jiten started an apparel manufacturing business that he grew to 650 employees with operations in India and USA. He successfully exited the apparel business in 2004. Jiten is also a successful restaurateur with a chain of fine-dining restaurants in Houston. Jiten has bachelor’s degree in Finance & International Business from University of Houston. He also completed his MBA from University of Houston where he graduated Summa Cum Laude.