Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan

Description

There seems to be a preconceived bias about the real estate ecosystem in India. With this episode, we aim to dive into the nuances that explain the complexities of the business.And who better to explain it than Irfan Razack from Prestige Group, Nirupa Shankar from Brigade Group, and Karan Virwani from WeWork & Embassy. We deep dive into family businesses, passion versus wealth, new-age real estate, and much more.For those who know me, I’m not the biggest fan of real estate (as an asset class), but I may also not know enough. This episode will give you insight into what really happens in the world’s biggest asset class.#NikhilKamath Co-founder of Zerodha, True Beacon and GruhasTwitter: https://x.com/nikhilkamathcio/Instagram: https://www.instagram.com/nikhilkamathcio/LinkedIn: https://www.linkedin.com/in/nikhilkamathcio?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_appFacebook: https://www.facebook.com/nikhilkamathcio/#IrfanRazack Chairman & MD of Prestige GroupInstagram: https://www.instagram.com/irfanfalcon/?hl=enLinkedIn: https://www.linkedin.com/in/irfan-razack-844a78114/?#NirupaShankar Executive Director at Brigade GroupInstagram: https://www.instagram.com/nirupa.shankar/?hl=enLinkedIn: https://www.linkedin.com/in/nirupa-shankar-1309371/?#KaranVirwani CEO of WeWork IndiaTwitter: https://x.com/karan_virwani10Instagram: https://www.instagram.com/karanvirwani/?hl=enLinkedIn: https://www.linkedin.com/in/karanvirwani/?Timestamps -00:00:00 Intro00:01:02 Irfan Razack's Intro00:03:38 Why did Irfan start a real estate company00:06:15 What defines the Value of Land : FSI, Laws and more00:09:35 What is Joint Development00:11:10 Guidance for Growth in Real Estate00:17:09 Managing a Family Business00:22:58 What's the Minority Rule00:25:01 Is passion overrated ?00:34:25 Building Wework00:38:31 What's happening in Indian Real Estate00:47:39 Is Real Estate Pricey now?00:53:26 How to get into Real Estate Now00:57:57 Careers in Real Estate00:58:38 Step by Step guide to start a Career in Real Estate