REALTY DISRUPTORS: PROP-TECH & CO-WORKING
Realty+ 3rd Prop-Tech & 2nd Co-Working Summit and Awards 2021 held on January 28 & 29, 2021 gave a resounding welcome to the new year with experts terming it as the year for new ideas and change. Indeed Prop-tech & Co-working segments top the list of being disrupted & disruptors.
Property Technology is the application of tech innovations to help with managing, buying and selling real estate as also to address the rapidly growing and developing needs within the property industry. Likewise changing organizational attitudes and access to tech have radically transformed commercial spaces. Co-working office space operators are increasingly seeing themselves as service providers, offering flexible hours, custom office spaces and specialized amenities to serve any business need.
Embarking new journey of 2021 with hope and lots of positivity for real estate sector, Realty+ E-Conclave on Prop-tech and Co-working segments could not have come at a more opportune time.
The Prop-Tech Summit & Awards 2021
The third Prop-Tech Summit & Awards 2021 started on 28th January with energetic key address by Dr Annurag Batra, Editor-in-Chief & Chairman, Exchange4media Group & BusinessWorld. “Prop-Tech has become more relevant than ever, due to Covid for real estate sector. For complete value chain process to be done remotely, prop-Tech is the need of the hour. 2020-2030 will be the decade of prop-tech which will lead the success and growth of real estate sector in India,” he said.
Carrying forward the note of positivity, Sunil MK, Country Manager, AEC Segment, Autodesk India & SAARC said, “Indeed the year 2020 was full of unexpected changes across real estate and other industries. Some of the major trends witnessed were, cloud, artificial intelligence and machine learning. These technologies will make the sector not only more collaborative but customer focused as well. However, a true digital transformation is only possible with technology and people acting simultaneously.”
The E-Conclave comprised discussions on the most talked about topics of the times. “Big Ideas: What Will Shape Prop-Tech In 2021” and “Tech Areas That Will Attract Funding”. The eminent speakers from varied segments of the industry came together. The guests included Sandeep Sethi, Managing Director, Corporate Solutions, West Asia – JLL India. The speakers were Nirupa Shankar, Director, Brigade Reap, Rohit Gera, Managing Director – Gera Developments Pvt. Ltd, Srinivas Khandavilli, Director, SMART Building Solution Architecture -Microsoft, Amitabh Satyam, Chairman- Smart Transformations, Govind Rai, Co-Founder, Insomniacs, Harshan V.V, Assistant VP, AGNIi Mission, Invest India. The speakers were Ninad Karpe, Partner, 100X.VC, Vijay Kumar Arisetty, Co-Founder & CEO – MyGate, Gaurav Burman, VP & Country President – India – 75F APAC, Sumeet Sharma, Global Contracts Director, Workplace Services, Capgemini, PrudhviRam Kanakamedala, Managing Partner – KMV Spaces LLP.
The day concluded with the acknowledgement of the good work of the Prop-Tech industry. During the Realty+ Prop-Tech Awards 2021.
Realty+ Co-Working Summit & Awards 2021
The day of successful Prop-Tech Summit & Awards, was followed by another exuberant afternoon filled with some interesting conversations during the second Realty+ Co-Working Summit on 29th January. The tone for the day was set by the ever positive address of Dr. Annurag Batra, Chairman & Editor-In-Chief, BW BusinessWorld & exchange4media Group. Presenting his views he stated, “Coworking spaces ably supported by the new collaborative technologies have morphed into super, smart, adjunct or flexi spaces that can bring colleagues together in the times of remote working” He wished the sector players the very best and encouraged them to look at the period of crisis as a time of exploring new opportunities.
The panel discussions of the day included deliberations on the theme of “Investor’s Paradise – Why Co-Working Was Hot Property among Investors” and the talk of the industry, “The Co-Working Challenge: Converging the Demand & Supply”.
The experts deliberating on these topics were Ramita Arora, Managing Director, Bengaluru, Cushman & Wakefield and speakers were Amit Ramani, Founder and CEO, Awfis Space Solutions Pvt. Ltd; CA Sambhav Mehrotra, Co-Founder, StartUp Movers Pvt. Ltd; Paras Arora, Co-Founder & CEO, Qdesq; Gagan Randev, National Director, Capital Markets & Investment Services, Colliers International India; Yash Shah, Founder & CEO, The Address and Monika Misra, Founder, General Manager, iKeva., Sidharth Dhawan, Director – Agile Real Estate Lead, Asia Pacific CBRE with panel of speakers consisting of Ar. Parthajeet Sarma, Workplace Strategist, Founder Director, iDream; Kunal Walia, Founder and CEO, Simpliwork; Manas Mehrotra, Founder, 315 Work Avenue; Neetish Sarda, Founder, Smartworks; Rishi Das, Co-Founder & Chairman, IndiQube; Vishwas Mudagal, CEO & Co-Founder, GoodWorks Coworking Spaces.
The thought provoking sessions were followed by the gecognizing the best works of the segment players during the Realty+ Co-Working Awards 2021.
The global real estate industry has been flipped on its head by the business model innovations, data accessibility and the proliferation of mobile, SaaS and other cloud-native software. This has opened up opportunities galore for the Proptech and Coworking segments that are now changing the face of the traditional Indian real estate.