It was an exciting day and an enigmatic parade of real estate leaders throughout the 16th Realty+ Conclave & Excellence Awards 2024 West. The conclave held at Taj Santacruz, Mumbai on 22 August, 2024, sparked discussions and conversations, while the felicitations of iconic leaders with words of motivation from real estate gurus set the ball rolling for the awards evening, making it a celebration of excellence.
The event was co-partnered by Colliers, VTP Realty, Champion Infratech, Nisus Finance Services, ArisInfra Solutions, and Kunvarji Realty. The digital partner was Realatte. Industry partners were Naredco, Area Group. Event associates were Welspun One Logistics Park, M Realty, and B Kandhari Properties. Proptech partner was Absolute CX and AEC Technology Partner was Nemetschek Group.
The event kick-started with the first discussion on Catalysts & Challenges For Mumbai Realty Growth with speakers Piyush Gupta, Managing Director - Capital Markets and Investment Services India, Colliers; Ashok Mohanani, Chairman, Ekta World; Chintan Sheth, Chairman & Managing Director, Sheth Realty; K Mukund Raj, Real Estate Expert; Parvesh Sharma, Country Head India, Tishman Speyer India; Rajat Rastogi, Chief Executive Officer- West & Commercial Assets, Puravankara and Vimalendra Singh, Chief Business Officer (Residential), Mahindra Lifespaces. The speakers illuminated the evolution of Mumbai's real estate market, showcasing the city's multifaceted growth over the past decade. They explored how Mumbai has expanded and flourished across residential, office, and commercial sectors, marking a decade of substantial progress and transformation.
The next session on Customer Expectations & Evolving Tech Innovations comprised speakers Nirav Gosalia, Co-Founder, Realatte; Govind Rai, Co-Founder & CEO, Insomniacs Digital; Jay Deliwala, Director, Kunvarji Realty Advisors; Meet Merchant, General Manager – Marketing, Oberoi Realty; Rahul Bansal, Co-founder & CEO, Propacity; Vijay Kandhari, MD & CEO, B Kandhari Group and Ashish Chablani, Asst Vice President – Head Marketing MMR Region, Runwal. Integrating the customer's viewpoint, the sessions explored the impact of cutting-edge technology innovations on the market, providing a comprehensive understanding of the evolving landscape.
The next deliberations on New Shifts In Real Estate Finance & Funding had speakers such as Shobhit Agarwal, MD & CEO, Anarock Capital Advisors; Abdul Kader Suriya, CIO - SWAMIH Investment Fund, SBICAP Ventures; Anand Lakhotia, Managing Director & Co-head, Motilal Oswal Real Estate; Ashish Mehta, Director, Elegance Realty; Binitha Dalal, Founder & Managing Partner, Mt. K Kapital & Head Fundraising, Rustomjee Group and Srinivasan Gopalan, CEO, Arisinfra Solutions. The panel discussion delved into the financial and funding dynamics of the real estate sector, examining how it has undergone a significant transformation and exploring the obstacles that arise when securing funding for projects.
The final panel discussion on the topic Strategies For Effective Redevelopment Projects saw the presence of Ritesh Mehta, Head – West, North and East, Residential Advisory Services & Developer Initiatives, JLL India; Dr. Adv. Harshul Savla, Managing Director, M Realty; Nilabh Nagar, Senior Associate Architect, (AHC) Architect Hafeez Contractor and Ram Raheja, Director, S Raheja Realty and Advocate Sunil Ramani, Ramani Legal. The panel discussion centred on the crucial role of redevelopment in metropolitan areas, emphasizing its urgency and highlighting current initiatives and efforts underway to address this pressing need.
The conclave concluded with a talk by Sapna Srivastava Editor Realty+ with Real Estate Gurus Amit Goenka, MD & CEO, Nisus Finance Services Co and Chaitanya Seth, Partner, Consulting – Real Estate, EY India on their inspiring success stories. The inspiring leaders shared from what fascinates them about real estate and criticism about their profession to a straight-from-heart message to the developers and young aspiring individuals in real estate.
The starry beginning of the Realty+ Excellence Awards evening was an exclusive conversation on Let's Talk Real Estate: Sentiments & Confidence among Gulam Zia, Executive Director Valuation & Advisory, Retail Hospitality, Knight Frank India; Ambar Maheshwari, CEO, Indiabulls Investment Management; Girish Singhi, Co-chief Investment Officer, Welspun One; Charu Thapar, Executive Director- Property & Asset Management, AsiaPacific, Head - Strategy, Platform & Emerging Markets, JLL and Sunil Rohokale, MD & CEO, Ask Group. The speakers emphasised on how sentiments play a major role in real estate and not just the locations, price and other amenities of a project but also the bright future of the sector, albeit not forgetting to be cautious.
An inspiring keynote address by Dr. Niranjan Hiranandani, Chairman – Hiranandani and Naredco took the event to the next level, while the full-packed audience listened to his words of wisdom. He spoke about how India has grown in terms of infrastructure. He expressed, that 10 years ago, India aimed to build 5 km of national highway, and today India has surpassed that goal with 35 km. The future target is an ambitious 45 km. Additionally, the development of metro lines has revolutionised Mumbai's micro market. “To further progress, there is a need to adopt a radical shift in rental housing policies, a change the sector has been advocating for with the government. Let's work together to make India's infrastructure among the best in the world,” was his message.
Another inspirational keynote address by legendry R. C. Sinha, I.A.S. (Retd.), Ex. Addl. Chief Secretary, Govt. of Maharashtra left the audience asking for more. He pressed on the need to shift from metro to non-metro cities. He emphasised that a political vision is essential for any development, and it requires national support from both the government and other sectors like real estate, particularly for emerging cities. He stressed that bureaucrats and officers leading these new city projects should be given the autonomy to execute their tasks without interference, allowing them the freedom to succeed. His closing remark was to build new 20-30 Mumbai’s to make India a developed country.
The day ended with a dazzling evening of felicitations honouring the ‘Iconic Leaders of Indian Realty’.
Top leaders felicitated were:
The finale of the evening was the presentation of the prestigious Realty+ Excellence Awards 2024- West recognising the best in the sector. The awards celebrated the outstanding achievements and contributions of real estate professionals of West India.
REAL ESTATE PROJECTS
L&T Realty for L&T INNOVATION CAMPUS
Ajmera Realty & Infra India Ltd. for Ajmera Manhattan
Sunteck Realty Ltd. for Sunteck World
L&T Realty for Elixir Reserve
Pharande Spaces for L-axis (Non – Metro)
Naiknavare Developers for Aranya
S Raheja Realty Group for New Light
Ultra Luxury - Lifestyle Project of the Year,
Rustomjee Group for Rustomjee Ocean Vista
VTP Realty for Velvet Villas
VTP Realty for Earth One
Sunteck Realty for Sunteck SkyPark
Arihant Superstructures for Arihant World Villas
Bennet & Bernard Custom Homes for Casa Creole
Rustomjee Group for Rustomjee Crown
Villa Project of the Year
Kalagate Collective for Kalagate Segreto
Arihant Superstructures Ltd for Arihant World Villas
Hiranandani Group for Golden Willows at Hiranandani Fortune City, Panvel
Siddha Sejal Group for Siddha Sky
Arihant Superstructures for Arihant Club 10 Gymkhana
Runwal for R Square
Surat Diamond Bourse for Surat Diamond Bourse
K Raheja Corp Homes for Raheja Viva
Horizon Industrial Parks for Horizon Industrial Park Chakan II
Raymond Realty for The Address by GS Bandra
Runwal for R City Mall
Runwal for Runwal 25 Hour Life
Sunteck Realty for Sunteck Beach Residences
L&T Realty for Elixir reserve
Narang Realty for Narang Vivenda
BUILDERS & DEVELOPERS AWARDS
Runwal
Kandhari Group initiative - Khushi World Developers
Kinjal Group
Osian Infratech LLP for Osian Almanova
Welspun One
Raymond Realty
Ekta World
ARCHITECT AWARDS & INTERIOR DESIGN AWARDS
DSP Design Associates for Luxe Wellness Retreat & Convention Center
Space Matrix Design Consultants
Space Matrix Design Consultants for SMFG
Open Atelier Mumbai for Vita Moderna
DBOT Realty
Realty Assistant
Eeshikka Bhagtani, EB Realty
Kunvarji Realty Advisors
BRANDING & MARKETING AWARDS
Manish Porwal, Group Managing Director Alchemist Marketing & Talent Solutions
Nirav Gosalia, Co-founder, Realatte
Royalty - A Loyalty & Referral Initiative By K Raheja Corp Homes
Realatte for Piramal Realty for Piramal Mahalaxmi
House of Hiranandani for Woodspring
Innovative Marketing Concept of the Year
Alchemist Marketing & Talent Solutions for Club Marvel
Brandniti for Mextech Miraya, Thane City
Insomniacs Digital for Raymond Realty for Address by GS
Realatte for Eleva by Hiranandani - Vista Residences
Shapoorji Pallonji Real Estate for Golfland at Vanaha
Alchemist Marketing & Talent Solutions for Codename Starlife
Tata Housing Development Company for Amantra
VTP Realty for Welcome To A World Of Thoughtfulnes
Realatte
Alchemist Marketing & Talent Solutions
Insomniacs Digital
Insomniacs Digital for Joyville Sensorium
Insomniacs Digital for Prestige Construction
Realatte for Raymond Realty
PROPTECH AWARDS & CO-WORKING AWARDS
ArisInfra Solutions
Govind Rai, Co-founder & CEO, Insomniacs Digital
DSP Design Associates
Realatte for Hiranandani Exclusive
Absolute CX by Insomniacs
CloudSteer Technology
Nemetschek Group for Bluebeam
CloudSteer Technology
Innov8 Coworking (Oyo Workspaces) for Innov8 Pan Infotech
91 Springboard
Realatte for Awfis Space Solutions
Awfis Space Solutions
Innov8 Coworking (Oyo Workspaces Pvt. Ltd.) for Arum Qparc
MyBranch Services
Nirmalya Chatterjee, Country Vice President, Indian Subcontinent, Nemetschek Group
INDIVIDUAL ACHIEVEMENT AWARDS
Sachin Bhandari, CEO & Executive Director, VTP Realty
Vishal Sharma, Chief Sales & Marketing Officer, Raymond Realty
Dr. Adv. Harshul Savla, Managing Partner, M Realty