When ambition is guided by discipline and creative curiosity, it can give rise to something enduring. In a recent episode of The Property Pulse, Jatin Deepchandani, CEO of Real Estate Market Times and Host of The Property Pulse, spoke with Shubam Aggarwal and Siddharta Banerji, Co-Founders of The Luxe Developers and the minds behind Ras Al-Khaimah’s luxury landmarks, Oceano and La Mazzoni.
Their journey from India’s technology sector to the UAE’s real estate landscape underpins a building philosophy shaped by precision, design and long-term thinking.
Q. How did two people from different worlds end up building together?
We met around 15 years ago, while carving out our careers. A shared passion for art, lifestyle and the way people live drew us together. From early jobs to startups across two countries, we were always searching for something we could not yet find in the market. That curiosity, that restlessness, became the foundation of The Luxe Developers.
Q. What did you bring from your IT background into real estate?
Everything we do starts with structure. We both come from IT, where design, precision and mapping are instinctive. We carried that discipline directly into development. Every project is approached with the same rigour and methodical thinking that technology demands.
Q. You launched in Ras Al-Khaimah long before it became a buzzword. What led you there?
While the market was still early, we saw real movement on Al Marjan Island and major developments taking shape ahead of the wider industry. Launching Oceano in a market with no luxury competition allowed us to create a benchmark at precisely the right moment.
Q. How do you balance great design with practical living?
Our thought process is not like a developer; it is like a consumer. Luxury goes beyond lobbies and finishes. It lies in privacy, comfort and the freedom to enjoy life at home. That thinking shapes everything we build.
Q. Where do you want The Luxe Developers to be in five years?
Every project must stand as its own landmark. We never want to repeat a success formula; each project has to surprise. If something carries the Luxe name, there is no compromise. That is the standard we are building toward.
Rapid Fire: The Quick Three
| One word that defines RAK? | Upcoming downtown Vegas. |
| A non-negotiable in your partnership? | No compromise in quality, and trust. |
| Innovation or tradition? | Innovation, in a traditional way. |
