NAREDCO Knowledge Seminar on Budget 2015 & REITs (3rd March 2015)
NAREDCO in association with KPMG, Knight Frank India and Hariani & Co. had organised a Post Budget analysis session, with a special focus on Real Estate Investment Trusts (REITs) in Mumbai on 3rd March 2015. The session also witnessed the launch of a REIT Report which was co-authored by Knight Frank India, KPMG, Hariani & Co. and NAREDCO.
The seminar was heavily attended by stakeholders from the Real Estate Sector, Financial Institutions and allied industries. The seminar was addressed by industry stalwarts namely Mr. Sunil Mantri, President-NAREDCO, Mr. Niranjan Hiranandani, Member-Advisory Council, NAREDCO, Mr. Rajan Bandelkar, Vice President – NAREDCO, Mr. Vijay Wadhwa, Chairman, Wadhwa Group, Mr. Punit Shah, Partner, Co-Head Tax, KPMG India, Mr. Ameet Hariani, Partner, Hariani & Co. and Mr. Gulam Zia, Executive Director, Knight Frank India.
Highlight of the Budget Session & REIT Report launch:-
Impact of the Budget on Indian Real Estate Industry
Real Estate Investment Trust (REIT) report to highlight the future of the Indian REIT story and possible implications from the Union Budget 2015-16.
The session concluded with a panel discussion anchored by Ms. Manisha Natarajan, Advisor – IR and Communications at NDTV Ltd. The Panel discussion saw the industry stalwarts discussing the overall effect of the Union Budget 2015-16 on the Real Estate Industry. Some of the guest panelists included Mr. Ambar Maheshwari, CEO, Indiabulls Asset Management, Mr. Rahul Rai, Executive Vice President and Head Real Estate Business, ICICI Prudential, Mr. Rajeev Bairathi, Executive Director – Capital Transactions Group, Knight Frank India, Mr. Punit Shah, Partner, Co-Head Tax, KPMG India, Mr. Amit Goenka, Managing Director & CEO, Nisus Finance Services Co Pvt Ltd. along with Mr. Niranjan Hiranandani, Managing Director, Hiranandani Constructions and Mr. Vijay Wadhwa, Chairman, Wadhwa Group.