September 8, 2023: National Real Estate Development Council (Naredco) Maharashtra developers are all set to announce India’s first RealTech Fund (RTF) in their annual event The Real Estate Forum 2023. The developers have initially committed a corpus of Rs 50 crore, which will be further scaled as per the response to the fund. This fund aims to accelerate the growth of the real estate industry in India through innovation and technology.
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The Real Estate Forum 2023 is scheduled to take place on September 15, 2023, at St. Regis Hotel in Mumbai. This is the second edition of the annual event and will be inaugurated by Maharashtra’s minister of housing Atul Save. This real estate forum will discuss various issues such as government policies, private equity funding, real estate financing, navigating commercial and retail growth and future of redevelopment, among others.
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Several government officials including Valsa Nair, additional chief secretary of housing, Sanjay Mukherjee, metropolitan commissioner of MMRDA and Praveen Darade, principal secretary of environment are likely to attend the event. The annual conference will also feature figures from the financial sector, including Vipul Roongta, MD and CEO of HDFC Capital, Rajiv Sabharwal, MD and CEO of Tata Capital, Vishal Kampani, non-executive vice chairman of JM Financial, and Ashish Mohta, senior managing director at Blackstone. The event will witness the participation of developers, including Niranjan Hiranandani of Hiranandani Group, Irfan Razack of Prestige Group, Atul Ruia of Phoenix Mills Group, Rajan Bandelkar of Raunak Group, Atul Choradia of Panchshil Realty, Abhay Chandak of Chandak Group, etc.
Sandeep Runwal, president of Naredco-Maharashtra and managing director of Runwal Group, said, “The second edition of the Naredco Maharashtra Real Estate Forum 2023 promises to be an insightful and influential gathering that will shape the future of Maharashtra’s real estate sector. With a lineup of dignitaries and industry experts, the event is set to foster growth, innovation and collaboration in this dynamic field.”
The previous edition of the Naredco Maharashtra Real Estate Forum, held last year, was attended by 600 professionals from the real estate and allied industries.
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