GUJARAT REALTY SECTOR: CHARTING A SUCCESS STORY

BY Realty+

The 14th Realty+ Conclave & Excellence Awards 2022 Gujarat Was A Starlit Occasion With The Presence Of Shri Bhupendrabhai Patel Hon'ble Chief Minister Of Gujarat And Shri Rajendra Trivedi, Hon'ble Minister Of Revenue, Law & Justice, Disaster Management, Legislative & Parliamentary Affairs, Government Of Gujarat.

The 14th Realty+ Conclave & Excellence Awards – Gujarat 2022, Presented By German TMX, was Powered By Tiki Tar Danosa and Co-Powered By Kavisha Group and Lifestyle Partner was Duravit India Pvt. Ltd., was a power- packed day of discussion forums and felicitations.

The Conclave offered great insights on the current real estate developments in the state. The inaugural address by Dr. Annurag Batra, Editor-in-Chief & Chairman, exchange4media Group & BusinessWorld Media Group set the tone of the proceedings of the day as he acknowledged the presence of leaders of Gujarat real estate. “The Indian economy is the largest and fastest growing economy in the world and the real estate sector has made a significant contribution in its growth. 

The Gujarat state has especially been a role model in terms of its infrastructure development that has boosted the real estate as well. One of the most industrialized states of the country is on a progress path and the leaders of the real estate fraternity present here exemplify its success, “he said.

ENLIGHTENING DISCUSSION FORUMS

The first panel discussion of the day was on the topic “Gujarat Realty Poised for Progress” and it was moderated by Ravin Bhojani, Senior Director- Advisory & Transaction Services, CBRE. The eminent panel of speakers were Yash Shah, Founder & CEO, The Address, Paras Pandit, CMD, Sheetal Infra, Abhishek Bhutani, MD Ahmedabad & Industrial, Cushman & Wakefield, Pavan Bakeri, Managing Director, Bakeri Group, Kamal Singal, MD & CEO, Arvind Smartspaces and  Viral J. Shah, Hon. Secretary – CREDAI Ahmedabad GIHED. The speakers discussed the demand and supply dynamics of housing, commercial real estate and other emerging asset classes, post covid.

While speaking on sales metrics, the second panel on the theme “Gujarat Residential Sales on an Upward Curve” was chaired by Anup Shah, Head – Transactions Ahmedabad, JLL. The experts on the panel were Deep Vadodaria, CEO, Nila Spaces Limited, Sharvil Shridhar, Group Co-Founder, A. Shridhar Group, Ishan Patel, Director, Branding & Communication, Suryam Developers, Tarun Varma, Co-Founder Partner Swagat Group and Anand Choksi, Chairman and Managing Director, The Real Estate CONNECT. The speakers discussed the sales trends, the technology adoption and the new buyer demands that are going to change the residential realty development scenario in Gujarat.

The third panel “Finance Strategies: Rethinking Last Mile Funding” was moderated by Piyush Gupta, Managing Director - Capital Markets and Investment Services India, Colliers. The esteemed panelists were Amit Goenka, MD & CEO, Nisus Finance, Anuranjan Mohnot, Co-Founder & MD, Gruhas & Lumos Alternate Investment Advisors Private Limited, Amit Bhagat, CEO & MD, ASK Property Investment Advisors Pvt. Ltd., Rocky Israni, Founder & Managing Director, Pacifica Companies and Nilay Patel, Director / Partner, Deep Group Of Companies. Speakers were of the opinion that developers of Gujarat were good at managing their cash flows, but the state does not present large scale development projects for PE funds to come in as investors.

The final conversation of the conclave was on cities where experts talked about “Smart & Sustainable: Building Cities “For the People”. Conversation was chaired by Jayesh Hariyani, Chairman & Managing Director, INI Design Studio. The speakers were Sameer Sinha, Director, Savvy Group, Kamlesh Bellani, Director, Rushabh Group, N K Patel, Founder Director, Sun Builders, Ar Prashant Parmar, Founder & Principal, Shayona Consultant and Yatin Pandya, Founder & Principal Architect, FootprintsEarth. The speakers agreed that while urban development is inevitable, we need to find more sustainable ways of developing our cities not only in scale but also in terms of livability.

CONFLUENCE OF TRIUMPH AND HOPE

The Realty+ Excellence Awards- 2022 Gujarat, a starry affair enlightened by the presence of Honorable Chief Minister of Gujarat, lifted the spirit of the audience. Dr. Anurag Batra, greeted Shri Bhupendrbhai Patel Hon'ble Chief Minister of Gujarat and presented him a memento of appreciation.

Shri Rajendra Trivedi Hon'ble Minister of Revenue, Law & Justice, Disaster Management, Legislative & Parliamentary Affairs, Government of Gujarat addressed the audience and shared the government’s initiatives. He recounted his own experiences and urged the private sector to come forward in building affordable housing, infrastructure and to partner with the government for the holistic development of the state.

The splendid evening concluded with Dr. Annurag Batra, Shri Bhupendrbhai Patel and Shri Rajendra Trivedi presenting the Realty+ Excellence Awards to the deserving winners.

Tags : Gujarat Realty Sector Real Estate Bhupendrabhai Patel Hon'ble Chief Minister Gujarat Shri Rajendra Trivedi Hon'ble Minister Of Revenue Law & Justice Disaster Management Legislative & Parliamentary Affairs Government Of Gujarat Conclave Dr. Annurag Batra Editor-in-Chief & Chairman Exchange4media Group & BusinessWorld Media Group Gujarat Realty Poised for Progress Ravin Bhojani Yash Shah Paras Pandit Abhishek Bhutani Pavan Bakeri Kamal Singal Viral Shah Gujarat Residential Sales on an Upward Curve Anup Shah Deep Vadoria Sharvil Shridhar Ishan Patel Tarun Varma Anand Choksi Finance Strategies: Rethinking Last Mile Funding Piyush Gupta Amit Goenka Anuranjan Mohnot Amit Bhagat Rocky Israni Nilay Patel Smart & Sustainable: Building Cities “For the People" Jayesh Hariyani Kamlesh Bellani N K Patel Ar Prashant Parmar Yatin Pandya