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Pune builders remember Vimal Kumar Jain

The tragic death has shocked the business and builders’ fraternity. Jain was looked upon by many young builders as their friend, philosopher and guide.

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The tragic death of Vimal Kumar Jain, founder of Kumar Properties, has shocked the business community, especially the builders’ fraternity in the city. Jain was looked upon by many young builders as their friend, philosopher and guide.

Recollecting Jain’s growth in the real estate industry, road safety expert and businessman, Chandmal Parmar said, “Jain’s father started the business in 1960 and he joined the firm in 1964. He was responsible for creating the brand, Kumar Properties, worldwide with his astute business acumen.”

Parmar remembered Jain as a philanthropic man, with a penchant for charity.

Atul Goel, managing director Goel Ganga Group, recollected Jain as a man with vision and maturity of thought. “I used to meet him every day in the morning at Poona Club during my morning walk. He used to give me valuable advice about my business. His demise will surely be felt by many of us,” he said.

As a founder member of the Confederation of Real Estate Developers Association of Pune (Credai), Jain had played a pivotal role in forming a platform for the real estate business in the city. Satish Magar, president of Credai, shared a close rapport with Jain and valued his suggestions. “He was a pillar of support for us,” he said.

Jain completed his graduation in science from Nowrosjee Wadia College. He was the eldest of the three brothers: Kewal Kumar and Lalit Kumar. Kewal told DNA his elder sibling was always alert and keen to participate in affairs related to development of Cantonment area.

Jain was associated with many organisations — among them the Poona Blind Mens’ Association, Khadki Education Society, Dadawadi Temple Trust, Poona Promoters  and Builders Association and Jain International Organisation. He is also known for  constructing buildings of these organisations for free.

His demise has left behind his wife Pushpa, daughter Rashmi and two sons, Manish and Rajas.The   funeral procession will start from his residence in Cantonment area at 12.30 pm on Wednesday.

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