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MANIK ARORA, MANAGING DIRECTOR, TAG

MANIK BELIEVES IN ALIGNING TODAY'S BUILDINGS WITH NEEDS AND WANTS OF THE FUTURE.

BY Realty+
Published - Tuesday, 20 Sep, 2022
MANIK ARORA, MANAGING DIRECTOR, TAG

As a new age entrepreneur, Manik Arora has forwarded the legacy of TAG by creating a financially successful business model defined by integrity, quality and future-focus. He has adhered to his business values while transforming India’s first real estate agency Arora & Associates Realty Limited to TAG - a leading developer of inspiring environmentally conscious buildings.

Today the group manages a mixed portfolio of office, warehousing, and residential assets that cater to the top brass of the Indian and Global Corporate landscape.

GOALS SET FOR THE COMPANY

  • Double the existing footprint by diversifying into Retail, Data Center, and Senior Living spaces.
  • Launch a Well-certified REIT that builds and maintains energy- efficient buildings and high-quality sustainable workspaces.
  • Design and develop walk-to-work campuses to reduce carbon emissions and increase usage of renewable energy, through both internal and third-party initiatives.
  • To reduce the energy consumption footprint of existing facilities, by investing to improve energy-efficiency.
  • To strive for net zero carbon emissions status for our operational portfolio by 2050.

CREATING A SOCIAL IMPACT

Manik is committed to ensuring all future developments of TAG are pre-certified LEED rated and emphasize on being self-sustaining complexes with the highest standards of green design and multiple amenities such that users feel they do not need to go to a third destination between their work and their home to maintain their lifestyle. Outside of work, he commits time and efforts towards various charitable causes with Rotary Southend Next and Save the Children India NGO.

CONTRIBUTIONS TO THE INDUSTRY

  • As one of the early adopters of LEED certification for his projects since 2014, Manik has pioneered the green building revolution in India, much before any FAR incentives for making green buildings came into existence.
  • Collaborated with Matterport USA, a 3D scanning technology that creates digital twins for real estate spaces to promote virtual site visits.
  • Invested in various ESG focused ventures including electro-mobility and battery swapping.

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