There seems to be a preconceived bias about the real estate ecosystem in India. With this episode, we aim to dive into the nuances that explain the complexities of the business.
And who better to explain it than Irfan Razack from Prestige Group, Nirupa Shankar from Brigade Group, and Karan Virwani from WeWork & Embassy. We deep dive into family businesses, passion versus wealth, newage real estate, and much more.
For those who know me, I’m not the biggest fan of real estate (as an asset class), but I may also not know enough. This episode will give you insight into what really happens in the world’s biggest asset class.
Note: We will get back with the initiative to support Entrepreneurs interested in real estate in a weeks time. Keep an eye out for comments and our socials: / all.things.wtf
#NikhilKamath Cofounder of Zerodha, True Beacon and Gruhas
Twitter: https://x.com/nikhilkamathcio/
Instagram: / nikhilkamathcio
LinkedIn: https://www.linkedin.com/in/nikhilkam...
Facebook: / nikhilkamathcio
#IrfanRazack Chairman & MD of Prestige Group
Instagram: https://www.instagram.com/irfanfalcon...
LinkedIn: / irfanrazack844a78114
#NirupaShankar Executive Director at Brigade Group
Instagram: https://www.instagram.com/nirupa.shan...
LinkedIn: / nirupashankar1309371
#KaranVirwani CEO of WeWork India
Twitter: https://x.com/karan_virwani10
Instagram: https://www.instagram.com/karanvirwan...
LinkedIn: / karanvirwani
Timestamps
00:00:00 Intro
00:01:02 Irfan Razack's Intro
00:03:38 Why did Irfan start a real estate company
00:06:15 What defines the Value of Land : FSI, Laws and more
00:09:35 What is Joint Development
00:11:10 Guidance for Growth in Real Estate
00:17:09 Managing a Family Business
00:22:58 What's the Minority Rule
00:25:01 Is passion overrated ?
00:34:25 Building Wework
00:38:31 What's happening in Indian Real Estate
00:47:39 Is Real Estate Pricey now?
00:53:26 How to get into Real Estate Now
00:57:57 Careers in Real Estate
00:58:38 Step by Step guide to start a Career in Real Estate
01:04:31 How to get the highest return on real estate
01:07:40 LiteStore and their unique concept
01:09:01 Affordable or Luxury Housing
01:12:12 Renting,Buying,Flipping Houses
01:16:31 Land Prices Then vs Now
01:21:51 What is a REIT ?
01:25:12 Benefits if REITs
01:27:39 India's 4 Listed REITs
01:31:19 What's Strata
01:33:12 Commercial Real Estate Experience
01:35:54 Selling an Experience
01:40:20 World Trade Center | The Office Experience
01:43:26 Real Estate is a Regional Game | Cluster Cities
01:46:30 What is Redevelopment?
01:50:49 Two Real Estate rules that can be changed in Karnataka
01:53:02 Innovation in Real Estate
01:58:49 Real Estate Perspectives | Working with Adam Neuman
02:03:58 Nirupa and her Sister
02:05:04 Gender roles in Real Estate | Balancing Personal Life
02:07:29 Nirupa and Sports
02:10:52 Nirupa's Dreams and Ambitions
02:14:04 Essentials of a Mall: Financials, Creativity & more
02:22:54 What made Brigade Group build a Mall
02:24:30 Food Break
02:24:59 Nirupa Shankar's Intro
02:32:04 Karan Virwani's Intro
02:37:06 Karan: We Work & Embassy in India
02:44:03 How to start a Co Working Space
02:48:09 What's the ROI on Commercial Properties
02:49:44 How Important is Building Relationships in Real Estate?
02:52:05 Is Building Relationships with Politicians Important?
02:52:34 Will Real Estate Be a Monopoly in the Future?
02:54:59 Future of the Commercial Real Estate Culture
02:59:48 Pre Fabricated Real Estate | Black Money in Real Estate
03:02:28 Opportunity in Senior Living
03:04:07 Jobs Opportunities in Real Estate
03:07:23 AI in Real Estate
03:10:16 Services that Real Estate Companies Outsource
03:11:19 Outro
03:11:37 What Kind of Marketing helps in Selling Real Estate
03:13:46 What are GCC's
#nikhilkamath #WTFiswithNikhilKamath