In 2004, Mr. Thakral founded Thailand based Thakral Land Ltd. and its affiliated companies, the Boutique Group of Companies, where he is currently the Managing Director and a major shareholder. After initiating his first serviced apartment development in 2004, Mr. Thakral entered into a joint venture in December 2005 with The Ascott Group to develop the Citadines branded serviced apartment product across Bangkok.
Within seven years the company has spawned a successful development platform under Mr. Thakral’s management, primarily focusing on internationally branded and managed limited service hospitality products and mid tier hotels in Thailand. Mr. Thakral is currently spearheading the development of Boutique’s first retail real estate platform.
Over the years, Mr. Thakral’s successful launch and operations of hospitality projects has attracted the investment of world recognized financial institutions and hospitality operators. Prior to entering the real estate business, Mr. Thakral was involved in the start up of two successful technology based businesses in the telecoms and media arena in Thailand.