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Round table conference with Mr. Sanjay Srivastava

Mr. Sanjay Srivastava –Business Head, Mahindra World City Jaipur shared his insights on Global Competitiveness of Indian Real estate at the round table organized by & Track2Realty at, Echelon square, Sector 32, Gurugram

Wednesday, 19th June 2019: The and Track2Realty, conducted a roundtable on “How Globally Competitive is Indian Real Estate”. The focus of the roundtable was on Global Competitiveness of Indian Real Estate Industry.

The and Track2Realty Roundtable 2019, has expressed that the real estate industry needs to focus on customer-centricity, in times to come. Eight eminent panelists – Amit Modi, director, ABA Corp and VP, CREDAI western UP; Anand Narayanan, COO, Purvankara Ltd; Gagan Randev, national director, capital markets and investment services at Colliers International India; Jagadish Nangineni, regional director, Delhi-NCR, Sobha Ltd; Nikhil Hawelia, MD, Hawelia Group; Nimish Gupta FRICS- MD, south Asia – RICS; Prasoon Chauhan, CEO, ATS Homekraft; Sanjay Srivastava, business head, Mahindra World City Jaipur and director, ORIGINS Ahmedabad – said that while India may seem attractive, the reality is that with issues pertaining to the working of the multitude of aspects that impact real estate, there are certain gaps. The discussion was moderated by Jhumur Ghosh, editor-in-chief, News and Ravi Sinha, CEO and managing editor, Track2Realty.

Jhumur Ghosh, editor-in-chief of News welcomed the panelists, following which Ravi Sinha, CEO and managing editor, Track2Realty, invited them to speak about the Indian market and its global competitiveness amidst abandoned projects, the debt-equity ratio imbalance, lending issues and pre-launches without RERA sanctions.

Mr. Sanjay Srivastava Business Head Business Head Mahindra World City Jaipur & Director – Origins Ahmedabad shared his insights on global competitiveness of Indian real estate.

Some Quotes of Mr. Sanjay Srivastava from the roundtable were:

"We focus on delivering what client needs best, we need to understand what customer needs. At Mahindra Lifespace Developers Ltd., we have a good view of both B2B & B2C."

"As the market matures, most of the market is getting focused towards end customers. Homes are aspirational, so this must be what we call Joyful Homecoming. We focus on 3 attributes – Sell Genuinely, Build Responsibly & Deliver on time."

"Our International B2B customers and large Indian clients have global expectations. Mahindra World City is a model of sustainable urbanization and offers a world class Plug & Play model to our clients"

Mr. Sanjay Srivastava maintains that "If you look at it, there will be some macro-economic changes and there are regulatory changes. Industry players should focus on customer centricity. In that case, irrespective of the segment- be it product quality, sales or final delivery, you can be competitive."

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