REIMAGINING REAL ESTATE OF EASTERN INDIA
Marking the 15th year of Realty+ organizing its Conclave & Excellence Awards in West Bengal, the real estate fraternity of the entire Eastern India congregated on March 28, 2023 at JW Marriott, Kolkata. Held in the city of joy Kolkata after a gap of two years, the event turned out to be a sensational and phenomenal evening to remember. The day of enlightening discussions saw the experts of various domains come together for the Realty+ conclave. THE INFORMATIVE DIALOGUES The discussions on the topic of Kolkata Residential Market – Growth & Barriers was led by Anirban Gupta - Managing Director - East India – Colliers and sharing their views were eminent industry veterans of the sector, Apurva Salarpuria, Managing Director, Salarpuria Group, Basant Kumar Parakh, Managing Director- Orbit Group, Gaurav Dasgupta, Partner, Real Estate, Corporate & Commercial- Khaitan & Co. Harshavardan Patodia, Chairman Managing Director-Unimark Group and Pardip Chopra, Chairman Managing Director- P S Group. The panellists averred that Kolkata residential market has been the most matured markets in the country being mostly an end-user market. The amount of projects and apartments get sold out in the Greenfield state is one of highest in the country. The next debate on West Bengal Realty: The New Possibilities was moderated by Surekha Bihani, Managing Director, East India – JLL and joining her in this session were Kumar Satyaki, Joint Managing Director, Eden Realty Group, Rahul Todi, Managing Director, Shrachi Group, Rishi Jain, Managing Director, Jain Group and Yashaswi Shroff, Executive Director - Alcove Realty. The speakers were unanimous that West Bengal presents many new avenues of growth with the new asset classes of real estate emerging other than the traditional assets of office, residential and commercial real estate. The next session explored Real Estate Sales: Trends to Adapt in 2023 and was chaired by Parvez Khalid, Associate Executive Director, Advisory & Transaction – CBRE. The distinguished experts included Amit Sarda, Managing Partner, Simplexinfra Technopark LLP, Anup Dalmia, Founder & Proprietor- Bobby Associates, Harsh Pal Singh, Sr Vice President – Sales, Shristi Infrastructure Development Corporation Ltd. and Mayank Singh, Co-Founder- Kaarryam Realty. The experts agreed that the sales modus has transformed recently going more digital. While housing in certain areas and segments has seen robust growth, the commercial developments too are seeing stable leasing activity especially for Grade A developments. The design focused discussion on Design Disruption: Technology & Sustainability Convergence was moderated by Ar. Vivek Rathore, Design Principal, Salient Design Studio and joining him were the design experts Anjan Mitra, Principal Architect & Urban Designer- The Appropriate Alternative, Ayan Sen, Founder - Ayan Sen Architects Urban Planners & Designer, Bipratip Dhar, Principal Architect- Epsilon, Manash Sinha Roy, Director- Practice Design Pvt. Ltd. And Shakuntala Ghosh, Principal Architect and Partner- Ghosh Bose &Associates & Immediate Past Chairperson, IGBC Kolkata Chapter. The designers emphasized on sustainability being the critical aspect in project development. They asserted that restoration, conservation and retrofitting of existing buildings was the best way to save environment as it avoids the displacement and disturbance of the ecology. THE UNSCRIPTED CONVERSATIONS The conclave of the day concluded with the Design Dialogue - "The Architectural Journey" conducted by Sapna Srivastava, Editor-Realty+. The informal conversation with Gita Balakrishnan, Founder- Ethos, JP Agrawal, Principal Architect, Agrawal & Agrawal and Sanjay Jhunjhunwala, CEO- Mani Group had them share their own experiences over the years and the transformations they have seen in the industry. The eminent guests also spoke about the ups and downs and challenges and high-points of their professional journey. The highlight of the event was the Exclusive Conversation in the evening between Dr. Annurag Batra, Editor-in-Chief & Chairman, exchange4media & BusinessWorld Media Group and Harshavardhan Neotia, Chairman - Ambuja Neotia Group. They spoke about the overall business environment in the country and the increasing focus on personal bonding and home as an important asset among people post the pandemic. The dignitaries also shared their personal likes and dislikes, habits and the bucket list of things that they would want to do. THE INSIGHTFUL TALKS The Award evening began with an insightful welcome address by Dr. Annurag Batra, Editor-in-Chief & Chairman, exchange4media & BusinessWorld Media Group who spoke about real estate as an asset which is now finding favour with the millineal and the Gen Z now. He also highlighted the importance of gratitude and humility, as the two biggest factors that can bring happiness and success in an individual’s life. Taking forward the similar sentiments, Ravindra Chamaria, Chairman Managing Dir ector, Infinity Group in his Spe cial Address highlighted the role of Co vid in changing the mind-se ts of the pe ople. He also shar ed his views on West Bengal real estate which according to him has made gr eat strides in IT c ampuses, warehousing and other new asset classes like senior living and student housing. THE EVENING OF RECOGNITION AND CELEBRATION The splendid Awards evening concluded with the starry red carpet walk of the winners of Realty+ Excellence Awards 2023 - East presented in the broad categories of Real Estate Projects, Developers, Architects, Interior Design, Proptech & Co-Working, Branding and Individual Achievements.
Tags : real estate Eastern India awards panel discussions industry Kolkata City of Joy Kolkata Residential Market – Growth & Barriers Anirban Gupta - Managing Director - East India – Colliers Apurva Salarpuria Managing Director Salarpuria Group Basant Kumar Parakh Managing Director- Orbit Group Gaurav Dasgupta Partner Real Estate Corporate & Commercial- Khaitan & Co. Harshavardan Patodia Chairman Managing Director-Unimark Group Pardip Chopra Chairman Managing Director- P S Group West Bengal Realty: The New Possibilities Surekha Bihani Managing Director East India – JLL Kumar Satyaki Joint Managing Director Eden Realty Group Rahul Todi Managing Director Shrachi Group Rishi Jain Managing Director Jain Group Yashaswi Shroff Executive Director - Alcove Realty Real Estate Sales: Trends to Adapt in 2023 Parvez Khalid Associate Executive Director Advisory & Transaction – CBRE Amit Sarda Managing Partner Simplexinfra Technopark LLP Anup Dalmia Founder & Proprietor- Bobby Associates Harsh Pal Singh Sr Vice President – Sales Shristi Infrastructure Development Corporation Ltd Mayank Singh Co-Founder- Kaarryam Realty Design Disruption: Technology & Sustainability Convergence Ar. Vivek Rathore Design Principal Salient Design Studio Anjan Mitra Principal Architect & Urban Designer- The Appropriate Alternative Ayan Sen Founder - Ayan Sen Architects Urban Planners & Designer Bipratip Dhar Principal Architect- Epsilon Manash Sinha Roy Director- Practice Design Pvt. Ltd. And Shakuntala Ghosh Principal Architect and Partner Ghosh Bose &Associates & Immediate Past Chairperson IGBC Kolkata Chapter Design Dialogue - "The Architectural Journey Sapna Srivastava Editor-Realty+ Gita Balakrishnan Founder- Ethos JP Agrawal Principal Architect Agrawal & Agrawal and Sanjay Jhunjhunwala CEO- Mani Group Dr. Annurag Batra Editor-in-Chief & Chairman exchange4media & BusinessWorld Media Group Harshavardhan Neotia Chairman - Ambuja Neotia Group Ravindra Chamaria Chairman Managing Director Infinity Group