CELEBRATION OF EASTERN INDIA’S REALTY ACHEIVMENTS

BY Realty Plus
Published - Jun 2, 2021 11:38 AM

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The 13th edition of Realty+ Conclave & Excellence Awards, 2021 – EAST highlighted Eastern India’s contribution towards the growth of its real estate sector. Held on April 23, the Realty+ Conclave & Excellence Awards 2021- East featured insightful discussions on topical issues of the region’s real estate during the conclave and the Awards was filled with a sense of celebration, positivity and enthusiasm. The day began with the inaugural address by Dr. Annurag Batra, Editor-in-Chief & Chairman, Exchange4media Group & BusinessWorld. He wished everyone good health and advised to stay strong in the difficult times. “The current situation across the country is critical and the mood is sombre but, we need to keep moving on, fulfil our duties. Indians are resilient by nature and our real estate industry has continued to perform amidst challenges and difficulties. This time too shall pass. With hope and optimism we should move ahead," he shared his sentiments with the audience." Dr. Annurag Batra In his Special Address Harsh Vardhan Patodia, National President, CREDAI and CMD, Unimark Group said, “Covid has changed the world and the way we work today. Sustainable construction is the need of the hour and real estate sector has adopted this change efficiently." “We need to reboot ourselves. I am confident that the real estate professional can tackle this difficult environment with their passion, determination and innovation.” Harsh Vardhan Patodia THE CONVERSTIONS OF THE DAY The day started with power packed panel discussions. Firstly on the topic of “Reaching a Turning Point: Residential Realty Transformations” that was moderated by Surekha Bihani, Managing Director – Kolkata, JLL India. Panel speakers were Basant Kumar Parakh, Managing Director, Orbit Group, Dr. Nitesh Kumar Gupta, Managing Director & CEO, Emami Realty Limited, Sushil Mohta, Chairman – Merlin Group, Nandu Belani, Chairman, Belani Group, Harsh Vardhan Patodia, Chairman And Managing Director, Unimark Group and Pradip Kumar Chopra, Chairman & Managing Director, PS Group. Panellist deliberated on the transformation of residential real estate during covid period and over the years. They also felt that Urban Land Ceiling Act in Bengal was hurting the development of the state and should be repealed for the betterment of the state.” The next session titled “Emerging Trends: Alternative Asset Classes in Limelight” was chaired by moderator Siddhart Goel, Director & Head – Research, India, Colliers. Eminent speakers were Pratiik Jalan, Director, Jalan Builders, Harsh Jain, Managing Director, Arrjavv Group, Manab Paul, Founder, Sree Balaji, Varun Bagla, Managing Director, Saltee Group, Amit Sarda, Partner, Simplex Infrastructure and Sanjeev Mehra Vice President, Quest Properties India Ltd, Kaustav Roy, Managing Director, Business Solutions, Savills India. The speakers were of the view that awareness about other asset classes among developers as well as consumers such as senior living, co-living or student housing is still low as also technological advancement of warehousing is necessary for growth. The concluding discussion of the conclave was “Changing Sales Patterns: New Ways of Realty Transactions.” It was moderated by Rishi Nayar, Director, Transactions & Head –East India, Cushman & Wakefield India Pvt. Ltd. Panel speakers were Sidharth Pansari, Managing Director, Primarc Group, Apurva Salarpuria, Managing Director, Salarpuria Group, Nakul Himatsingka, Managing Director, Ideal Group, Yashaswi Shroff, Executive Director, Alcove Realty, Arya Sumant, Managing Director, Eden Realty and Suhel Saraf, Managing Director, Sugam Homes. Panellist agreed that channel partners remain very integral and most important part of the sales strategy of real estate industry even today along with the focus on digital platforms. THE CELEBRATIONS OF THE DAY The insightful and engaging discussions were followed by the Realty+ Excellence Awards 2021 East with award winners coming live on the digital platform to receive the prestigious award. Presenting the awards were jury members N. G. Khaitan, Sr. Partner – Dispute Resolution, Real Estate, Khaitan & Co., Taha Ansari, Managing Director – Project Management (North India) Colliers and Biplab Kanti Sengupta Professor & Head Department of Architecture & Regional Planning, Indian Institute of Technology Kharagpur. The awards winners acknowledged and cheered the achievement of the real sector stakeholders amidst most difficult times and expressed a lot of hope for the coming times.

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