Torbit Voices 9th July 2023

M Murali, Chairman, Shriram Properties

There has been a very good demand for the mid-income and affordable segment and I expect this demand to continue for 3-5 years comfortably.

Aakash Ohri, ED, DLF Limited 

Demand of real estate across various price points is very strong, especially for products offered by trusted developers

Mohit Jain, MD, Krisumi Corporation

Gurgaon’s residential market will continue to attract interests from both end-users and investors alike owing to its strategic location, a spate of infrastructure developments and a burgeoning millennium population

Y S Chakravarty, MD & CEO, Shriram Housing Finance

We will be focused only on affordable housing space till we cross Rs 15000- 16000 crore in AUM

Sanjay Dutt, MD & CEO, Tata Realty & Infrastructure 

Strong location , designing and positioning, equity base, track record and organisation strength can mitigate the risks like costly finance

Jonathan Gray, President & COO, Blackstone 

India has outstanding fundamentals for long term growth. We have had remarkable performance over the years here and we believe the best is yet to come.

Amit Bhagat, Chief Executive , Ask Property Investment Advisors

Transformational changes in the real estate sector should help the housing segment get the attention of foreign institutional investors wh have so far been focusing on commercial , logistics or retail real estate

Chrisoph Schellmann, CEO, Noida International Airport

Noida International Airport, with potential to develop into the capital’s second airport , ticks all the right boxes to meet airline needs, though the vast majority of traffic initially will be domestic.

Chanakya Chakravarty, Head of Indirect Strategies, Asia Pacific, Ivanhoe Cambridge

The strength of the overall economy coupled with the sector consolidation has improved customer confidence, resulting in demand remaining strong  though affordability metrics  are likely to be challenged.

Samir Jasuja, Founder & MD, PropEquity

Sales have surpassed new supply which is a healthy sign for the residential market.

Amit Goyal, Managing Director, India Sotheby’s International

We foresee steady growth in India’s residential real estate demand, especially in the premium and luxury segments. We are decisively in a bull cycle which started after the pandemic and is likely to continue for few more years.