The 17th Realty+ Conclave & Excellence Awards – West 2025 was held on August 20, 2025, at Taj Santacruz, Mumbai, bringing together industry stalwarts, policymakers, developers, and innovators for a day of dynamic discussions and recognition of outstanding achievements in Western India’s real estate sector.
The conclave opened with an inspiring inaugural address by Dr. Annurag Batra, Editor-in-Chief & Chairman of exchange4media and BusinessWorld Media Group, who set the agenda for thought-provoking deliberations and visionary ideas. His keynote set the stage for a series of high-powered sessions that examined the evolving contours of Indian real estate, from urban growth to technological transformation.
He said, “India is growing fast, and so are opportunities but is quality of life keeping up? Every year, rains bring Mumbai and Delhi to a standstill. It’s time to act. Cities like Mumbai could learn from China’s sponge road model, but we must focus on long-term, quality infrastructure. With new leadership in Delhi and Maharashtra, we have a real chance to push for change. If we get it right, India won’t just grow, it will lead, creating the next wave of real estate billionaires.”
The conclave was graced by D. Sivanandan, Retired DGP, Maharashtra and Former Police Commissioner of Mumbai, R. C. Sinha, I.A.S. (Retd.) Ex. Addl. Chief Secretary, Govt. of Maharashtra, Ex-Advisor to Minister, Ministry of Road Transport & Highways, Flavia Agnes, Women’s Rights lawyer, Founder of Majlis NGO.
The event was supported by an esteemed lineup of partners. The event was Powered by – Alpha Corp Development Limited, Strategic Partners - Anarock, Mahindra Lifespaces; TRU Realty, Associate Partners - Raymond Realty, JP Infra Realty Pvt. Ltd., Meghna Realty, Mindspace Business Parks REIT, Ashwin Seth Group, Arisinfra Solutions Ltd. and Anex Advisory Services Private Limited, Nyshaa Realty, Technology Partners - Sell.Do, Wybrid, ArchVi and MHXP, Co-Partners - Nisus Finance Services Co Limited, VTP Realty and Arkade Developers Limited, PropTech Partners - Absolute CX and Reloy, Warehousing Partner - NDR InvIT Managers Private Limited, Luxury Automobile Partner - Navnit Motors, Industry Partner - Naredco MAHI, Legal Partner - Khaitan & Co., Creative Partner - A B See Brand Advisory
The Day of Insightful Deliberations
The conclave of the day began with the Exclusive Conversation about Vision 2035: How Will Technology Define India’s Real Estate? The moderator of the session was Chaitanya Seth, Partner, Consulting, Ernst &Young LLP, and the experts shared their views included Akhil Saraf, Founder & CEO, Reloy, Bhavik Bhandari, CSMO, Ashwin Seth Group, Vinayak Katkar, Co-Founder, Sell. Do, Sagar Patel, Co-Founder, MHXP, Princy Goyal, Co-Founder & CEO, Wybrid.
The speakers stressed about the industry has been slow to adapt, but post-COVID, tools like Gen AI and Co-Pilot are driving real tech transformation.
Next was an insightful panel discussion on Mumbai Metamorphosis: Redevelopment & Future Urbanism comprising subject matter experts like Amit Wadhwani, Partner - Real Estate, Khaitan & Co., Lalit Lahoty, Regional Head Mumbai, Sobha Ltd., Milind Changani, Co-Founder - Stallion Buildtech LLP and Partner, CY CORP, Nitesh Gangaramani, Managing Director, Nyshaa Realty, Sanjay Daga, Founder & CEO, Anex Advisory, Sujay Kalele, Founder & Managing Director, TRU Realty. The moderator of the session was Dr. Adv. Harshul Savla, D.Litt., Developer, Best Selling Author, World Record Holder, TEDx Speaker.
The session highlighted that redevelopment and future urbanism are breathing new life into old spaces, creating greener, smarter and more inclusive cities where people can live, work and connect in ways that genuinely enhance everyday life.
The conversation shifted to ‘Commercial & Retail Real Estate: The Domestic Reset with Global Strategy and joined the discussion was Bhavik Vora, Partner, Grant Thornton Bharat, Rahul Kanungo, National Director, Awfis Space Solutions Limited, Srivals Kumar, Founder MyGC Legal.
The session was moderated by Rahul Tatiya Jain, Executive Director and Head of Tenant Advisory Group - Mumbai, Cushman & Wakefield Ltd. The speakers deliberated on green spaces and co-working hubs are in demand, but commercial retail projects face real hurdles. From tough land approvals and unclear ownership to slow processes and high construction fees, it’s a challenging path. Add tax issues to the mix, and it’s clear, we need simpler rules and faster project timelines.
The dialogue moved to Real Estate Investment Pulse: What’s Fuelling Capital in India with the panelists comprising Amit Goenka, Chairman & Managing Director, Nisus Finance Services Co Limited, Ankur Gupta, Managing Director, Head of Investments – India, Mumbai, Hines India, Nitin Idnani, Managing Director - Real Estate Advisory, JM Financial Limited, Shuvam Pandit, Principal Investment Officer, SWAMIH Fund at SBI Ventures Limited, Srinivasan Gopalan, CEO, Arisinfra Solutions Ltd., Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespaces. The session was moderated by Vamshi KK Nakirekanti, Sr. Executive Director & Head, Valuation Services, India Head, Consulting and Valuations, Southeast Asia, CBRE.
The session highlighted the strong interest investors are showing in India’s western cities, particularly in sectors like senior living and warehousing. These trends are working in real estate industry’s favour, but despite the abundance of capital in India, real estate continues to face funding gaps. With greater transparency and trust, the sector has a real opportunity to attract even more investment.
The conversation on Selling Smarter: Real Estate Sales & Marketing in A New Era with the moderator Sunil Mishra, CEO - Growth Businesses, CPTO & Chief Strategy Officer, Anarock Property Consultant had the panelists comprising Amit Baid, Founder & Creative Director, A B See Brand Advisory, Govind Rai, Co-Founder & CEO, Insomniacs, Deepak Nair, Head – Marketing, JP Infra (Mumbai) Pvt. Ltd., Deepti Nair, Head Marketing, Arkade, Sarina Menezes, Sr. Vice President, Marketing & Corporate Communication, Oberoi Realty, Rohit Kedia, Founder and CEO, ArchVi.
The session highlighted that real estate marketing evolves into a smarter, data-driven experience. Builders benefit from digital tools that personalize journeys, enhance trust, and position brands as innovative leaders in an industry rapidly embracing intelligent transformation.
The conclave concluded with the Fireside Chat was on Affordable to Aspirational: Navi Mumbai Shifting Market Dynamics with the moderator Sapna Srivastava, Editor, Realty+ and the panelists comprising Ashok Chhajer, CMD, Arihant Superstructures Ltd., Hiten Sethi, Founder & Principal, Hiten Sethi & Associates.
The speakers stressed that in a rapidly growing industry, builders and creators tackle everyday challenges balancing affordability, competition, and perception while offering fresh insights into trends, opportunities, and what the future might look like.
An Evening Honoring Distinguished Leaders and Winners
The Awards evening began on an inspiring note with the address by Dr. Annurag Batra, Editor-in-Chief & Chairman of exchange4media and BusinessWorld Media Group. He posed some thought-provoking questions: “Is the quality of life really improving? The BMC has a budget of Rs. 70,000 crores, so what are we not doing right? Shouldn’t we launch a civic campaign to ensure more of this money goes into infrastructure? Why is Mumbai still drowning every monsoon? Why are Delhi and Gurugram struggling with poor civic management? We need to adopt better technology and smarter systems to truly understand and transform our real estate and cities.”
The highlight of the evening was the keynote address by industry veteran Anuj Puri, Chairman of Anarock Property Consultants who shared his insights on evolving market trends and the investment landscape. He remarked, “The real estate industry has undergone a massive transformation over the last 30 years. Mumbai remains the heartland, with the MMR region accounting for 50% of India’s real estate market. Real estate continues to be the backbone of India’s growth story. In residential, especially in the luxury and premium segments, the momentum is remarkable. Projects worth Rs. 450–500 crore is being sold out within a week, and over half a million residential units have already been sold.”
Setting the tone of the forthcoming awards was the Exclusive Conversation on Legacy vs Disruption: What Will Shape the Future of Indian Real Estate? Among Shobhit Agarwal, MD & CEO of Anarock Capital Advisors Pvt Ltd. and Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd.
Dhaval Ajmera highlighted the use of new-age techniques in real estate. The younger generation brings energy and readily embraces new technology, while the older generation acknowledges the need to adapt with the changing times. Real estate today is no longer just about brick and mortar, it is about building a strong brand identity. The industry is also moving towards sustainability, with a growing focus on eco-friendly and future-ready homes.
Celebrating Trailblazers of The Excellence Award Night
The evening transitioned into the 17th Realty+ Excellence Awards 2025, Individual Achievement Awards, Branding & Marketing Awards, PropTech & Flex Awards, Architect & Interior Awards. These awards celebrated excellence, innovation, and leadership across real estate, sustainability and design.
The Winners of the 17th Realty+ Excellence Awards were:
Commercial Project of the Year - Mindspace Business Parks REIT for Mindspace Airoli East
Design Project of the Year - Piramal Realty for Piramal Revanta
Design Project of the Year (Non-Metro) - Micro Mitti for The Selene
Mid-Segment Project of the Year - Rustomjee Group for Rustomjee La Vie
Themed Project of the Year - Hiranandani Communities for The Arena At Hiranandani Fortune City, Panvel
Integrated Township Project of the Year - Godrej Properties Ltd. for Godrej RiverGreens
Most Popular Project of the Year - Sunteck Realty Limited for Sunteck SkyPark
Redevelopment Project of the Year - Kalpataru Limited for Kalpataru Advay
Retail Project of the Year - Runwal Realty for R CITY
Residential Complex of the Year - TRU Realty for TRU Meadows
Industrial Park of the Year - IndoSpace Development Management Pvt. Ltd. for Indospace Industrial Park-Chakan 1
Mixed-Use Project of the Year - Siddha Sejal Group for Siddha Sky
Most Environment-Friendly Residential Project - Romell Group for Romell Ariana
Iconic Project of the Year - Rustomjee Group for Rustomjee Balmoral Golf Links and VTP Realty for VTP Monarque
Industrial / Warehousing Project of the Year - Horizon Industrial Parks for HORIZON Industrial Park Bhayala and NDR InvIT Managers Private Limited for NDR Trade House - Sudhavadi (Pune)
Luxury Project of the Year - Sunteck Realty Limited for Sunteck City and VTP Realty for Altamira by VTP Luxe
Most Environment-Friendly Commercial/Office Space - Mindspace Business Parks REIT for Gera Kharadi Commerzone
Plotted Development Project of the Year - Godrej Properties Limited for Godrej Greenview Estate
Residential Project of the Year - Gera Developments Limited for Gera & #39;s Joy on the Treetops and JP Infra Realty Pvt. Ltd. for The Palace
Skyscraper of the Year - Piramal Realty for Arav at Piramal Aranya
Ultra Luxury-Lifestyle Project of the Year - Kalpataru Limited for Kalpataru Oceana
CSR Excellence Awards - Arkade Developers Limited for Care Per Sq. ft initiative by Arkade Developers Limited
The Winners of the PropTech & Flex Awards were:
PropTech Digital Transformation in Real Estate - Grydsense
PropTech Start-up of the Year - ArchVi
Brand of the Year - Reloy
PropTech Innovative Solution of the Year - Absolute CX By Insomniacs for Convo AI
Flex Space Aggregator of the Year - Flexo Proptech Pvt Ltd
Enterprise Workspace Design of the Year - Dextrus Workspace for ONE BKC CENTER
Co-Working Brand of the Year - MyBranch Services Pvt. Ltd.
PropTech Marketer of the Year - Govind Rai, Co-founder & CEO, Insomniacs Digital Private Limited
The winners of the Architect & Interior Awards were:
Sustainable Design Architect of the Year - Ar. Sapna Khakaria, Principal Architect – The Canvas (Design Division of ANJ Turnkey Project Pvt. Ltd.)
Architectural Firm of the Year, Hospitality - DSP Design Associates
Best Interior Design, Commercial - Space Matrix Design Consultants Pvt Ltd. for Russell Investments (Mumbai)
Architectural Design of the Year, Residential - RSP Design Consultants (India) Pvt Ltd for SD Corp Epsilion
Interior Design Firm of the Year - The Canvas
Best Interior Design Firm, Commercial - Space Matrix Design Consultants Pvt Ltd.
Interior Design Firm of the Year, Residential - DSP Design Associates
The Individual Achievement Award Winners were:
Business Leader of the Year - Nitesh Gangaramani, Managing Director, Nyshaa Realty
CEO of the Year - Rohit Gupta, CEO, Mantra Properties & Developers Pvt. Ltd.
CMO of the Year - Kyron Dinshaw, Marketing & Commercial Head, Piramal Realty
CMO of the Year - Tirthankar Ganguly, President & Chief Marketing Office, Kalpataru Limited
Young Achiever of the Year - Bhavik Khara, Whole Time Director & Chief Financial Officer, Arisinfra Solutions Ltd.
Outstanding in CTO of the Year - Aryan Vijay, Co-founder & CTO, Insomniacs Digital Private Limited
CSMO Of the Year - Bhavik Bhandari, CSMO, Ashwin Sheth Group and Vishal Sharma, Chief Sales and Marketing Officer (CSMO), Raymond Realty Ltd.
Best External General Counsel of the Year - Srivals Kumar, Advocate, MyGC Legal
Entrepreneur of the Year - Gopal Sarda, Founder & CEO, Vibe Realty Private Limited
Next-Gen Icon of the Year - Dr. Adv. Harshul Savla, D.Litt, Developer, Best Selling Author, World Record Holder, TEDx Speaker
The Branding & Marketing Award Winners were:
Innovative Marketing Concept of the Year - Mantra Properties & Developers Pvt. Ltd. For Manish Malhotra for One Residences by Burgundy
OOH Campaign of the Year - Hiranandani Communities For The Arena at Hiranandani Fortune City, Panvel
Most Innovative Use of Social Media - Insomniacs Digital Pvt. Ltd. for Hiranandani
Integrated Brand Campaign of the Year - Ashwin Sheth Group for ORANGE DOT (ASG Rebranding) and Kalpataru Limited for Kalpataru Pre-IPO Brand Campaign
Digital Marketing Campaign of the Year - Auraa Brand Consultants Private Limited for Galaxy Heights
Best Brand Storytelling in an Ad Film - Kalpataru Limited for Kalpataru Brand Film
Marketer of the Year - Sudarshan Banerjee, CMO, ASHWIN SHETH GROUP
Advertising Agency of the Year - Insomniacs Digital Pvt. Ltd.
Developer of the Year – Residential - Raymond Realty Ltd.
Developer of the year, Ultra Luxury & Lifestyle - Sunteck Realty Limited
Developer of the Year, Luxury - Runwal Realty
Developer of the Year, Township - VTP Realty
Emerging Developer of the Year, Industrial & Warehousing - KSH Infra
Start-up of the Year - Anex Advisory Services Private Limited
Excellence in Customer Service - Piramal Realty for Piramal Vaikunth
Excellence in Delivery - Narang Realty
Fastest Growing Realty Brand of the Year - TRU Realty
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