My Blogs

For most of its history, investing in Indian real estate meant one thing: buying property. A plot, a flat, a commercial unit. The asset was tangible, the transaction was direct, and the involvement was personal. That model served an entire generation of wealth creators well, and in most parts of the country, it still does. But something has shifted meaningfully over the last several years, and I think it is worth pausing to reflect on just how much the landscape has changed a

It was a pleasure to be part of CREDAI NATCON 2026 in Kolkata and participate in an engaging discussion on “The IPO Question: What Does It Mean for Developers?” with Varun Gupta (Ashiana Housing), Deepak Goradia (Dosti Realty), Abhimanyu Bhattacharya (Khaitan & Co.), and Pinak Rudra Bhattacharyya (IIFL Capital). The session brought together perspectives from across the real estate and capital markets ecosystem, making for an insightful conversation on the opportunities, consi

I was recently part of a panel discussion on the evolving REIT landscape in India, and I kept thinking of the confluence of regulatory change, new market entrants, and asset-level realities that is creating a moment of genuine reckoning for this asset class. Indian REITs have indeed come a long way. Market capitalisation has crossed Rs 1 lakh crore, distributions have been consistent, and investor confidence has held through a challenging rate cycle. That is a credible track

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