AN ENRICHING DAY OF CONVERSATIONS & CELEBRATIONS

BY Realty+

The 14th Realty+ Conclave & Excellence Awards 2022 – North was a grand day to remember as the illustrious leaders of the North India real estate industry came together for knowledge sharing and networking.

Giving their whole-hearted support to this event were Co- Partners – Gaurs Group, Luxury Partners- DLF Offices, Housing Partner - Hero Homes, Session Partners - Intellion Offices by Tata Realty, Colliers, and World Trade Center and Event Associates - Signature Global, M2K, and Victora. The Conclave Partners were Gruhas & Lumos Alternate Investment Advisers Pvt. Ltd.

THE DAY OF CONFERENCING

The stimulating proceedings of the day began with the auspicious lamp lighting followed by the first-panel discussion of the day on the topic “Indian Realty: Impact of Global Property Market Trends moderated by Santhosh Kumar- Vice Chairman, ANAROCK Property Consultants Pvt. Ltd who highlighted the positivity for the real-estate sector in India. Manoj Gaur- CMD, Gaurs Group & Vice-President - North, CREDAI (National) & President, CREDAI NCR said the real-estate sector is witnessing a great demand and we need to focus on building holistic & affordable developments. Mudassir Zaidi - Executive Director - North - Knight Frank India opined there is a lot of residential demand which will not get impacted. Pent-up demand will continue to be there. Pradeep Aggarwal- Founder & Chairman, of Signature Global was bullish about the real-estate sector because many country-level reforms have turned the sector around which will prove to be the growth driver for the real-estate sector. Dharmesh Shah, CEO, Hero Realty said consolidation in the industry is going to help corporate players. Pradeep Misra- Chairman & Managing Director – REPL spoke about the implications of Atmanirbhar Bharat and the Gati Shakti program in inducing real estate demand across cities. Avnish Sharma- Partner, Real Estate, Khaitan & Co said RERA has played a big role in bringing the whole sector in an organized way.

The next discussion on Office Market View: Business, Space & Tech Acceleration was moderated by Amit Oberoi, Head of Occupier Strategy| Asia, Colliers. He spoke about how the office markets in the last 3 years have changed. Rajat Johar-Managing Director – Delhi-NCR, Savills India said, despite the pandemic this year saw the highest absorption in office space after 2019. Khair Ull Nissa-Executive Director- WTC Services, World Trade Center was of the view that later part of the year we would see newer supply coming in and corporate and investments.

Rohit Kaul-Head of Operations – North, Embassy Services Pvt. Ltd spoke about the better workforce experience with a safety factor. Paras Arora-Founder CEO, Qdesq said there is an enormous demand for on-demand office space, and flexibility in pricing. Gaurav Karnik- Real Estate National Leader and Tax Partner. EY India was of the opinion that flex offices continue to evolve and it depends on large corporates’ wants.

The finance experts’ deliberation on Funding Prospects: Portfolio Diversification & New Investing Models was led by Ashwini Sharma- Senior Director, Capital Markets & Investment Services, Colliers. He said post-pandemic we have seen sales of residential and commercial office spaces picking up in an unprecedented manner. Sunil Agrawal- Founder & Managing Director, Black Olive Ventures Pvt. Ltd spoke of new diversification in new asset classes like logistics, data centers etc. Santosh Agrawal- ED & CFO, Alpha Corp Development Private Limited, spoke about mitigating the risk in the financial institution where development managers play an important role. Anuranjan Mohnot- Co-Founder & MD, Gruhas & Lumos Alternate Investment Advisors Pvt Ltd state that there is a need to revive the confidence of the real estate industry to bring back equity in the system. Nihar Thanawala- Director, Motilal Oswal Alternate Real Estate shared that new breed of developers have built good businesses. Kaushik Desai- Managing Partner, WSB Real Estate Partners was of the view that one should look at delivering value where there has to be financial closure of the project. Siddharth Batra- Advocate-On-Record, Supreme Court of India, Former Additional Advocate General, Haryana, briefed on the NCLT that comes under the IBC code.

The fireside chat about The Retail Rebound: Asset Repositioning in Phygitail World. Was chaired by Pankaj Renjhen-COO & Jt. Managing Director, Retail Services, ANAROCK Property Consultants Pvt. Ltd. He was of the view that the consumer constantly gives inputs of what exactly needs to be done at that point in time. Abhishek Trehan- Executive Director, Trehan Iris spoke of the opportunities available in the retail developments in the country. Dheeraj Dogra- VP & Head Commercial Leasing M3M Pvt. Ltd shared information on international retail sector and trends taking place globally. Pushpa Bector- Executive Director - DLF Retail, stated that ‘Relevance’ & ‘Experience’ matters in retail which has to keep evolving with changing times. Yogeshwar Sharma- Executive Director & CEO, of Select Infrastructure Private Ltd said that one has to think of what possibilities exist and how to deal with situations on a daily basis.

The final fireside chat on Realty Sales & Marketing Playbook: The Newage Template was chaired by Govind Rai- Co-Founder & CEO, Insomniacs who expressed that developers prefer an old team with new ways of business adoption. Alok Gupta- Director- GraphisAds shared that developers are very focused on the marketing and complete lifecycle value of the project. Mohit Mishra- Head, Marketing- Office Business, DLF Limited explained the phenomenon of projects being shifted to mandate companies. Rajat Jain- Head (NCR) - Sales & Marketing, Adani Realty, was of the view that it is important to have all inclusive team of in- house marketers, channel partners, and digital experts. Dr. Vishesh Rawat- Vice President & Head – Of Sales, Marketing, CRM & Leasing, M2K Group said developers need to build trust with customers above all.

THE EVENING OF FELICITATIONS

The most awaited moment of the evening was the Realty+ Excellence Awards presentation that commenced with the motivating address by Dr. Annurag Batra, Chairman & Editor-in-Chief, exchange4media & BusinessWorld Media Group. He said, “This year has been fantastic for Indian real estate and it continues to recapitalize and recalibrate itself. Developers who are fundamentally strong, have fewer debts, are customer-centric, and are willing to look at evaluations in tough times, building products that are affordable will continue to grow in tough market.”

Following the inspirational address, the audience was treated to an exclusive conversation among the thought-leaders of the Indian real estate industry. Anshuman Magazine - Chairman & CEO - India, South-East Asia, Middle East, and Africa, CBRE spoke about the quality of living a healthy life outside the home which we have forgotten. Snehdeep Aggarwal - Founder & Chairman Bhartiya Group spoke of developing a hi-tech city called Bhartiya city and Vipul Roongta- Managing Director & CEO, HDFC Capital Advisors Limited spoke on the access of long-term financing, equity, and debt markets.

The evening of the event was as magnificent as it could get with the presence of Anila Singh, Spokesperson BJP and jubilant award winners walking up the stage in high spirits to receive their awards from the dignitaries, while their teams and peers cheered them all the way. 

Tags : conversations celebrations leaders real estate conclave awards North Delhi