Connect with us










News

Alternate real estate offers new investment opportunities in India

Expo 2020 Dubai

NOVEMBER 01, 2021, DUBAI: Highlighting key global challenges and opportunities that could bring about an infrastructural transformation in the country, the ‘Urban & Rural Development Week’ at the India Pavilion, Expo 2020 Dubai, hosted key government-industry discussions. The session centred around themes such as Smart and Sustainable Transportation, Alternate Real Estate, and Building Smart, Liveable and Sustainable Cities saw participation from eminent industry leaders.

The panel discussion on ‘Alternate Real Estate’ highlighted new opportunities that are emerging from alternate real estate sectors like data centres, warehousing, and logistics. It also discussed the roadmap for the sector on Environmental, Social and Governance (ESG), infrastructure and economy.

Sanjay DuttAddressing the session, Sanjay Dutt, Joint Chairman, FICCI Real Estate Committee & CEO, Tata Realty & Infrastructure Ltd said, “Financial Capitals of the world have 5-6% yields in real estate. In India, the cost is low comparatively, so it’s a good market for investment.”

PNC MenonHighlighting the opportunities in the sector, PNC Menon, Founder & Chairman, Sobha Group said, “India is a land of huge potential and will surely make a mark for itself in the international real estate arena in the coming decade.”

Ramesh Nair“The Indian Real Estate Sector is expected to touch USD 1 trillion by 2030. India has already invested USD 300 billion in real estate, which is much more than the value of stock market,” said Ramesh Nair, CEO, India & MD, Market Development, Asia at Colliers.

Sharad MittalSharad Mittal, CEO, Motilal Oswal Real Estate said, “Frugal student housing and young professional student housing can impact the real estate market, especially when the interest rate comes down.”

The session on ‘Smart and Sustainable Transportation’ was presided over by Mr Jaideep, OSD (Urban Transport), Ministry of Housing and Urban Affairs; Dr Brijesh Dixit, MD, Maha Metro; Dr. OP Aagarwal, Chairman FICCI Working Group on Future of Mobility and ACEO, WRI India; Harj Dhaliwal, MD (Middle East and India), Hyperloop and Ayman Ashour, CEO, Siemens Mobility Turnkey, Middle East and Africa and CEO Siemens Mobility, UAE. The session examined the variations of mass rapid transit systems, increasing role of Intelligent Traffic and Transport System (ITS) in bolstering mass rapid transit systems, ideas on achieving multimodal integration, and alternatives to decarbonize the mobility sector.

The panel discussion on ‘Building Smart, Livable and Sustainable Cities’ highlighted the importance of building sustainable cities in today’s world. The session was attended by  G Mathivathanan, Principal Secretary, Housing and Urban Development Department, Orissa; Manish Singh, District Collector and Chairman Smart City, Indore, Madhya Pradesh; Renato De Castro, Smart City Senior Partner, RMA Advisory (UAE); Ba Touc VO, Architect, Enia Architectes (France) and Naveen Mathur, CEO, Maithri Aquatech.

The Urban and Rural Development Week at Expo 2020 is significant to showcase India’s growth in the sector in the last decade and highlight the roadmap for the coming years.

Advertisement










To know more about India Pavilion at Expo 2020 Dubai, please visit:

Website – https://www.indiaexpo2020.com/

Facebook – https://www.facebook.com/indiaatexpo2020/

Instagram – https://www.instagram.com/indiaatexpo2020/

Twitter – https://twitter.com/IndiaExpo2020?s=09

Advertisement










LinkedIn – https://www.linkedin.com/company/india-expo-2020/?viewAsMember=true

YouTube – https://www.youtube.com/channel/UC6uOcYsc4g_JWMfS_Dz4Fhg/featured

Koo – https://www.kooapp.com/profile/IndiaExpo2020

To know more about Expo 2020 Dubai, please visit – https://www.expo2020dubai.com/en

For more information or any media query, please contact –

Advertisement










Mr. Vipin Chanddra

APCO Worldwide

Mob – +91 9582731432

Email – vchanddra@apcoworldwide.com

Ms. Shalini Saigal

Advertisement










APCO Worldwide

Mob – +91 9619736883

Email – ssaigal@apcoworldwide.com

Latest News

News2 days ago

Central Park’s Bignonia Towers in Sohna Achieves Rs 500cr Sales Bookings 

New Delhi, 14th June 2024: Bignonia Towers by Central Park in in Sohna has recorded sales bookings of Rs 500...

News2 days ago

Author Ashwinder R. Singh Launches His Third Book, “Master Commercial Real Estate”

June 14, 2024: Ashwinder R. Singh, acclaimed for his insightful contributions to real estate, launched his third book, “Master Commercial...

News2 days ago

Grade A Office Spaces Demand Growing at a Brisk pace, 164.3 Mn Sq Ft Added Since 2021

June 14, 2024: India’s office market is undergoing a profound transformation, reflecting the country’s robust economic growth, demographic advantages, and...

News2 days ago

Real Estate Sector Needs to Gear Up for New Housing Challenges Until 2029, With Rain Harvesting as a Core Element for Housing Projects: HUA Additional Secretary

New Delhi, June 14, 2024: Additional Secretary of the Ministry of Housing and Urban Affairs, D Thara, on Friday asked...

News3 days ago

Tier-2 Cities Closing the Gap with Top-8 as Property Prices Surge by 10-15% in Prime Areas: Housing.com Report

New Delhi, June 13, 2024: Housing.com has released its inaugural “The Bharat in India” report on Thursday. The report unveils...

News3 days ago

Housing Prices Soar 13% CAGR as Inflation Moderates to 5.4%: ANAROCK Report 

Mumbai, June 13, 2024: Inflation, the gradual increase in the general prices of goods and services, erodes the purchasing power of money...

Trending