Krishna Patel , Chairman & Managing Director, Nesco
The Indian business landscape is prepared to grow in multiple areas due to several factors such as international trade, government stimulus, and an overall strong developing country. With a young population, rising global leadership and with technology driving growth and innovation, several business opportunities exist in multiple sectors. Krishna Patel, CMD of Nesco Ltd., has driven and enriched the company from being one of India's few renowned engineering companies to becoming a diversified conglomerate with a series of adventurous, bold, and creative steps these past decades. From designing and manufacturing engineering solutions, the Nesco Group has diversified into multiple industries, including Exhibitions, Real Estate, Hospitality, Events and Entertainment.
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'Top 10 Brands in Real Estate - 2023
The Thriving Real Estate Trends
The quest for betterment is inborn trait of humans, starting from the times of agriculture it still continuous even today, and everyday humans all over the world are coming with new ideas to better their comforts. So if we are asking a question is land area a big deal for a developing country, the answer is of course it is. Every single aspect of development like more job opportunities, MNCs Startups, restaurants, and all buildings and flawless & fast transportation, requires land. Hence, we cannot expect a look back in the real-estate sector for next few years, save the fluctuations, unless and until the country witness some drastic drop in its demography. According to reports, India’s real estate market is expected to reach Rs. 13,00,000 crore by 2023.
Besides these factors there are multiple reasons for most of the Indian investors to be interested in investing in real estates. It is an asset that is not subjected to the volatility of stock market. It is a steady income stream, thirdly, it can appreciate over time, thus creating a potential for capital gains and finally, real estate can offer tax advantages and the potential for building wealth.
Some International Setbacks & Indian Break throughs
From the steady growth of Indian economy in the past few years, it is expected that India will be a realestate investment destination for both foreign and domestic investors. Lower interests rates and subsidies for home loans will boost the domestic investment in the sector. Last few years witnessed India investing heavily on infrastructures like roads, airports and more. Better transport system will lead to better business and better investments in the coming years. The Indian market will be also benefited from the setback of global headwinds in the real-estate market. The hike in interest ate have caused cancellation f projects in US. Many global leaders are facing similar problems and setback in the real estate sector, whereas the Asian markets have shown resilience.
This issue of the CEO Insights India magazine introduces a list of 'Top 10 Brands in Real Estate - 2023' who are growing rulers in the real estate world. The list has been crafted by a team of Industry veterans, CEOs, VCs and the CEO Insight editorial team.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Sushil Ansal, Chairman | Ansal Properties & Infrastructure | A professionally managed organisation currently operating in a range of business verticals such as integrated townships, condominiums, group housing, malls, shopping complex, hotels, SEZs, IT parks and infrastructure and utility services | |
Pavithra Shankar, Managing Director | Brigade Group | A real estate industry offering unmatched experiences through premium residences, luxury apartments, villas, villaments, penthouses, urban studios, independent living for seniors and mixed-use lifestyle enclaves and townships across the residential sector | |
Ratnamala Swain, Director | DN Homes | The firm has been defining the lifestyles and has gained immense popularity as specialized and professional group moving with a vision in giving a global touch | |
Devinder Singh, CEO | DLF | An unparalleled scale of delivery and an unmatched track record of customer centric service excellence in creating exceptional living and working spaces for the new Indian global professionals | |
Sameer Gehlaut, Founder | Indiabulls Real Estate | Redefining the perfect meld of architectural genius, world-class facilities and location advantage in the market today with residential, commercial, and SEZ projects | |
Rakesh Kaul, Chief Executive | L&T Realty | A major Indian multinational in technology, engineering, construction, manufacturing and financial services with global operations | |
Krishna Patel, Chairman & Managing Director | Nesco | An established player in the real estate sector successfully providing quality & affordable homes to the middle-class and upper-middle-class segments in the western suburbs of Mumbai | |
Rajesh Himmatlal, Chairman | NLPL Group | An established player in the real estate sector successfully providing quality & affordable homes to the middle-class and upper-middle-class segments in the western suburbs of Mumbai | |
Vikas Oberoi,Chairman & Managing Director | Oberoi Realty | A constant quest and an abiding commitment to ensure that the relationship between these spaces and the lives ensconced in or around, feel truly enriched enhanced by understanding what a discerning lifestyle demands | |
Shishir Shrivastava, Managing Director | The Phoenix Mills | The firm has carved a niche for itself in the Indian real estate sector, be it mega retail malls, entertainment complexes, commercial spaces or hospitality units |
Other Issues
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