Webinar III - Building a future
The third of the series of webinars organised by Construction Week had the crème de la crème of the real estate industry speaking on everything that matters
Compassion is a verb, so goes the pithy saying. An unprecedented emotion that the world seems to be feeling now. But the world being resilient, this is not expected to last forever.
One has to get back to work. The Covid-19 pandemic has brought lives to a standstill. But we still wanted to know what some of the key real estate developers think about the future. Too much information and conjecture seems to be floating about. In this light, Construction Week organised the third of its series of webinars on April 24 at 4 pm.
Moderated by Bibhor Srivastava, the eclectic panel comprised:
*Anuj Puri, chairman, ANAROCK Property Consultants
*Boman Irani, CMD, Rustomjee Group
*Ashish Puravankara, MD, Puravankara Ltd, and
*Sanjay Dutt, MD & CEO, Tata Realty & Infrastructure
Sanjay Dutt pointed out the curve that a real estate business can go through. He, however, seemed positive that it's only a matter tof time before business is back to normal.
Boman Irani elucidated many points, but the underlying premise was that one must be considerate as far as protecting one's labourers and employees are concerned. He believes that it's the developers turn to pass through the trial by fire, but then one needs to bite the bullet at this time.
Anuj Puri spoke to many subjects, as he is prone to. But the seasoned real estate expert and the go-to person for many in the industry pointed out some truths on the cycle and certain paths that must be adhered to before embarking on projects.
Ashish Puravankara expounded on how the Bangalore market has continued to stay stable and while buyers have been lying low now (obviously), it is expected to bounce back soo.