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APREA India Annual Conference: India Next

Conference: 12 April 2023 (Wednesday)

The APREA India Annual Conference: India Next zooms in on what many are considering the next economic superpower in the world stage.

India has been reaping great benefits from a sound regulatory environment, economic liberalisation, a rapidly growing working population, and the realignment of global supply chains.

The coordinated approach of the public and private sectors in the real assets industry has also contributed to robust macroeconomic stability, making India a leading destination for investments.

Join us as we gather institutional investors, investment managers, asset owners, regulators, and policy makers in an engaging and insightful conference.

If you are interested to be a delegate or sponsor, please email sameeksha.sharma@aprea.asia

DELEGATE PASS (CONFERENCE & DINNER)

 Cost
APREA MembersUSD 699.00
Non-MembersUSD 1,199.00

Programme

Host

Cheryl D'Souza-Waldiya

Cheryl D'Souza-Waldiya

Associate Vice President - Corporate Communications
K Raheja Corp

09:00 AM to 10:15 AM
Registration
10:15 AM to 10:25 AM
Welcome Remarks

Speaker

Sigrid Zialcita

Sigrid Zialcita

CEO
APREA

10:25 AM to 10:45 AM
Keynote Address

Speaker

Neel Raheja

Neel Raheja

Chairman
APREA India Chapter

President
K.Raheja Corporation

10:45 AM to 11:15 AM
Tea/Coffee Break
11:15 AM to 11:45 AM
Keynote Presentation: India Market Outlook:

Speaker

Ritwik Bhattacharjee

Ritwik Bhattacharjee

Chief Investment Officer
Embassy Office Parks

11:45 AM to 12:45 PM
Panel Session : REITs - An Alternate Asset class, a growth driver and how do we make it more attractive?

REITs in India have been a relatively new concept and were introduced in the Indian market in March 2020. Since then, the growth has been positive.

The size of the REITs market in India in 2023 is expected to grow significantly given the sustained growth in the real estate sector. Industry experts believe that REITs could be worth Rs.1.5 trillion by 2023, up from Rs.1 trillion in 2019. This growth is likely to be driven by increased investment in the sector by foreign investors, as well as more developers opting to list their projects on REITs. In order to grow the share of REITs in the asset class pie, the Indian government needs to incentivize real estate developers and investors to invest in REITs and provide a framework that needs to help increase investor confidence in the asset class, which will in turn help to attract more capital into the sector.

REITs in India have been a relatively new concept and were introduced in the Indian market in March 2020. Since then, the growth has been positive. The size of the REITs market in India in 2023 is expected to grow significantly given the sustained growth in the real estate sector. Industry experts believe that REITs could be worth Rs.1.5 trillion by 2023, up from Rs.1 trillion in 2019. This growth is likely to be driven by increased investment in the sector by foreign investors, as well as more developers opting to list their projects on REITs. In order to grow the share of REITs in the asset class pie, the Indian government needs to incentivize real estate developers and investors to invest in REITs and provide a framework that needs to help increase investor confidence in the asset class, which will in turn help to attract more capital into the sector.

Panelist

Amit Diwan

Amit Diwan

Country Head
Hines India

Panelist

Kranti Mohan

Kranti Mohan

Partner
Cyril Amarchand Mangaldas

Panelist

Shailendra​ Sabhnani

Shailendra​ Sabhnani

Senior Vice President, Capital Markets & Treasury Real Estate
Brookfield Asset Management

Panelist

Vinod Rohira

Vinod Rohira

MD & CEO
K Raheja Corp

Moderator

Somy Thomas

Somy Thomas

Managing Director, Valuation & Advisory, India Co-head, Land & Capital Markets, India
Cushman & Wakefield

12:45 PM to 2 PM
Lunch Break
02:00 PM to 02:45 PM
Panel Session : Winds of Change: The Changing Regulatory Environment of India

Top legal experts discuss how the Indian government has taken several measures to promote ease of doing business and attract foreign direct investment (FDI) in infrastructure and real estate with the simplification of regulatory framework and establishment of an open and transparent investment regime to make it easier for foreign investors to enter the Indian market.

Furthermore, the government has taken steps to improve the investment climate in the infrastructure and real estate sectors by introducing several policy initiatives. It has allowed 100% FDI in the construction development sector and removed restrictions on foreign investment in the real estate sector. It has also established the Real Estate Regulatory Authority (RERA) to ensure transparency and protect the interests of buyers and developers. The government has also established the Infrastructure Investment Trusts (InvITs) to attract long-term investment into the infrastructure sector. The InvITs are regulated by the Securities and Exchange Board of India (SEBI) and are designed to provide a platform for investors to pool their funds and invest in infrastructure.

Panelist

Shagoofa Rashid Khan

Shagoofa Rashid Khan

Senior Partner
AZB & Partners

Panelist

V. Lakshmikumaran

V. Lakshmikumaran

Managing Partner
Lakshmikumaran & Sridharan

Moderator

Yash J Ashar

Yash J Ashar

Partner
Cyril Amarchand Mangaldas

2:45 - 3:45 PM
Panel Session : InVITs in India - Pegging InVITs as the Heroes of the India Economy!

InVITs- 2017-2022 – 5 years and Counting – here’s what comes next

InVITs offer investors an attractive alternative asset class to invest in, with the potential for high returns and tax efficiency. With the government’s focus on infrastructure development and the various tax incentives, the future of InVITs in India looks promising.

Estimates suggest that the InVIT market could be worth anywhere between $20-30 billion by 2023. InVITs have the potential to revolutionize Indian infrastructure investments, making them more accessible to a wider range of investors.

InVITs could also reduce the risk associated with infrastructure investments and make them more attractive to investors. In the long run, InVITs could provide a more efficient way to mobilise capital for infrastructure projects and create an efficient capital market.

Panelist

Amar Merani

Amar Merani

CIO & Head, Real Assets
360 ONE Asset

Panelist

Ami Momaya

Ami Momaya

Director
KKR

Panelist

Meghana Pandit

Meghana Pandit

CIO
IndiGrid Infrastructure Trust

Panelist

Pawan Kant

Pawan Kant

Chief Executive Officer
IndInfravit Trust

Moderator

Gaurav Karnik

Gaurav Karnik

Partner And National Leader Real Estate
Ernst & Young, India

3:45 PM to 04:00 PM
Keynote Address on ESG

Speaker

Sriram Khattar

Sriram Khattar

Deputy Chairman
APREA India Chapter

Vice Chairman and Managing Director
DLF Group

04:00 PM to 4:45 PM
FIRESIDE CHAT: ESG the Way Forward, Playing Our Role Responsibly for a Healthier Tomorrow

ESG (Environmental, Social, and Governance) is gaining momentum in the real estate and infrastructure development industry globally and in India. This is due to the increasing awareness of the need to incorporate sustainability into business operations and the growing demand from investors for organizations to be more transparent about their ESG performance.

In India, the real estate and infrastructure development industry is embracing ESG principles by investing in green building technologies, incorporating sustainability into their building designs, and investing in renewable energy sources. The government has also been proactive in encouraging the industry to adopt ESG principles. This includes the introduction of various incentives and tax breaks for organizations that incorporate ESG into their operations.

Additionally, the Indian government has also recently released a draft proposal to include ESG criteria in its public procurement processes. This will ensure that only those organizations that meet certain ESG standards are eligible to bid for government projects. The move is expected to further encourage the adoption of ESG in the real estate and infrastructure development industry.

Overall, the momentum behind the adoption of ESG principles in the real estate and infrastructure development industry is growing, and India is well on its way to becoming a leader in this field.

Panelist

Gautam Dey

Gautam Dey

Executive Director Operations
DLF Rental Business

Panelist

HC Vinayaka

HC Vinayaka

VP - Technical, EHS & Sustainability
ITC Limited – Hotels Division

Panelist

Rajnish Gupta

Rajnish Gupta

Associate Partner Tax & Economic Policy Group
EY

Moderator

Neeraj Bansal

Neeraj Bansal

Co-Head & COO - India Global
KPMG in India

04:45 PM to 5:15 PM
Tea Break
05:15 PM to 6:00 PM
FIRESIDE CHAT: Calm In the Storm: the India Perspective

The current contrast that persists in global economies and India as a market pertaining to the economic environment and investor sentiment

Panelist

Alessandro Fiascaris

Alessandro Fiascaris

Senior Vice President, Head of Investments – Asia Pacific
Oxford Properties

Panelist

Sanjay Dutt

Sanjay Dutt

MD & CEO
Tata Housing Development Co. Ltd and Tata Realty & Infrastructure Ltd.

Interviewer

Sigrid Zialcita

Sigrid Zialcita

CEO
APREA

6:00 PM to 6:45 PM
Panel Session 5: Institutional Investors: First Mover Advantage

Panelist

Chanakya Chakravarti

Chanakya Chakravarti

Head of Indirect Strategies, Asia Pacific
Ivanhoé Cambridge

Panelist

Hardeep Sachdeva

Hardeep Sachdeva

Senior Partner
AZB & Partners

Panelist

Sandeep Lakhanpal

Sandeep Lakhanpal

Managing Director
I Squared India Advisors Pvt. Ltd.

Moderator

Gautam Mehra

Gautam Mehra

Partner
Pricewaterhouse Coopers India

6:45 PM to 6:50 PM
Closing
07:30 PM - onwards
Networking Cocktails and Dinner

APREA’s Commitment to Sustainability in Our Events

APREA is committed to making our events more environmentally responsible. We work closely with our event partners, venues, and suppliers to embed sustainability into the way we plan and execute our gatherings across the region. Our goal is to continually reduce our environmental footprint and promote responsible practices across the real assets industry.

Our key sustainability measures in our events include:

  • Sourcing energy-efficient venues with green certifications or demonstrated sustainable operations.
  • Minimizing single-use plastics, including limiting or eliminating plastic water bottles in favor of refill stations or reusable alternatives.
  • Reducing printed materials and handouts.
  • Using recycled or sustainably sourced paper when printing is necessary.
  • Partnering with vendors and caterers who prioritize sustainable sourcing, local produce, and low-waste food practices.
  • Educating attendees on sustainability efforts at the event and encouraging participation in green practices.

Through these steps, we aim to make every APREA event a reflection of our broader commitment to a more responsible and resilient industry.