My Insights, My Experiences

For two decades, Indian real estate was essentially a six-city story. Mumbai, Delhi NCR, Bengaluru, Pune, Hyderabad, Chennai. The rest of the country, home to over a billion people was treated as an afterthought. It was like a spillover market or a consolation prize for developers who couldn’t crack the metros. That mental model is now obsolete, and the investors who are still operating from it are going to miss one of the most significant wealth-creation opportunities in Ind

Over the last decade, I have had many conversations with developers, investors, and industry professionals about the role of technology in real estate. For a long time, the response was lukewarm at best. The sentiment was – yes, technology is useful, but real estate runs on relationships, on trust, on ground-level knowledge that no platform can replicate. That view is changing, and changing fast. What I find most interesting is that technology is no longer entering real estat

Delighted to be a Co-Chair at the GRI Warehousing, Logistics & Industrial Forum 2026, co-hosted with Khaitan & Co. on April 30, 2026 in Mumbai along with Alok Jain, Managing Director, Blackstone, Anupam Yadav, Director, Capital Markets, Panattoni, Manoj Tripathi, CEO, TCI - Transport Corporation of India, Rajat Garg, Head - Fund Management & Capital (India), ESR India, Siddhartha Roy, Chief Supply Chain Officer, Sugar Cosmetics and Deepak Jodhani, Partner | Corporate & Commer

How do you see M&A activity in Indian real estate over the next couple of quarters or the next year? Is the current momentum (around $2.9 billion in Q3) likely to continue or taper off? We see between $6 billion and $8 billion come in every year. I think this year, too, we'll be close to that number. What are the key trends within real estate M&A? Within real estate, at the moment, the most favourable sector is industrial and warehousing. And it will keep the momentum going i