REAL ESTATE FOOTPRINT FOR THE FUTURE 13 th edition of CII Conference on Real Estate Wednesday, 19 July 2017: Hotel Leela Palace: New Delhi

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1 REAL ESTATE FOOTPRINT FOR THE FUTURE 13 th edition of CII Conference on Real Estate Wednesday, 19 July 2017: Hotel Leela Palace: New Delhi DRAFT PROGRAMME hrs INAUGURAL SESSION hrs Welcome Address Mr Sumant Sinha Chairman, CII NR and Chairman and CEO Renew Power Ventures Pvt Ltd hrs Theme Address Mr Anshuman Magazine Chairman CII Realty 2017 & Chairman CBRE India & South East Asia Pvt Ltd hrs Address Mr Rajeev Talwar DLF Limited hrs Special Address Mr Sriram Kalyanaraman and CEO National Housing Bank (NHB) hrs Address by the Guest of Honour Smt Nandita Chatterjee Secretary Ministry of Urban Development Government of India Release of CII CBRE Report on Real Estate 2020 Footprint for the Future hrs Address by the Chief Guest Shri Rao Inderjit Singh Hon ble Minister of State for Urban Development Government of India hrs Vote of Thanks Mr Sumant Sinha 1100 hrs Inaugural Session Concludes hrs TEA / COFFEE BREAK

2 hrs Session I : What next for India s Office market? Over the past few years, the country s office market has witnessed exponential development, signaling the positive sentiment in India s long term growth potential. A continuously growing talent pool, competitive rentals, low operational costs, and constant infrastructure development, are making India an attractive outsourcing destination for multinational companies. The introduction of REIT s along with increasing adoption of strategies surrounding more efficient workplaces is shaping the supply side of the office market. This change along with the advent of digitization, increased dependence on automation and changing global dynamics is resulting in India s office market witnessing a paradigm shift. Saving cost while increasing productivity is the new mantra. How ready are we to embrace this change? REIT Challenges and opportunities The Current global political environment and its impact on India s office market Advent of digitization, increased dependence on automation Demand/supply dynamics for office space Impact of workplace strategies and co-working concepts Mr Ram Chandnani Mr Raj Menda Corporate Chairman RMZ Corp Mr Yash Gupta Country Head & Senior MD Hines India Mr Mike Holland CEO - Office Parks Embassy Office Parks Mr Alok Aggarwal and CEO Brookfield India Office Parks Mr Anil Saraf Chairman ASF Infrastructure Pvt Ltd Mr Ambar Maheshwari India Bulls Asset Management Company Ltd Mr Bhumesh Gaur Vice President - GREWE American Express Mr Vinod Rohira Director, Sales and Marketing K Raheja Corp Mr Ram Chandnani

3 hrs Session II : India s retail landscape witnessing renewed interest where do we go from here? As one of the most dynamic and vibrant segments both in India and globally, India s retail market has witnessed unprecedented interest from a diverse set of stakeholders, be it leading international retailers, local brand partners, global PE funds or domestic real estate developers and government authorities. In fact, in 2016, the retail segment witnessed more than USD 0.7 billion of investment by PE Firms/wealth funds and saw the entry of more 19 new global brands into the country. While factors like India s growing and young customer base, rising disposable income, favorable consumption behavior, and a strong policy framework are indicative of a bright future of the Retail sector; this positive outlook is juxtaposed with a rather tough reality of the Indian Retail Real Estate market. Lack of quality real estate supply, rising rentals, increasing land prices, and restrictive FDI norms in Multi-Brand retail are just some of the factors which have made a lot of stakeholders apprehensive about how bright exactly is the future of the Indian Retail Sector. What should India be doing to make its retail landscape more attractive in the global scenario? Are millennial shaping India s retail segment? Investments in retail real estate will this year surpass last? India s attraction as a leading market for International brands expanding their footprint Challenges in Infrastructure development of retail real estate Online vs Offline Are retailers still considering brick and mortar or is there a shift towards Omni channel retailing? Mr Vivek Kaul Head Real Services, India Mr Rohit George and Executive Board Member Virtuous Retail South Asia, Singapore Mr Gaurav Jain Bombay Realty Mr Zorawar Kalra Massive Restaurants Ms Pushpa Bector Vice President and Head (Leasing and Mall Management) DLF Utilities Ltd Mr Yogeshwar Sharma Executive Director Select Infrastructure Mr Vivek Kaul hrs Lunch

4 hrs Session III : The new buzzwords in Residential Real Estate Affordable Housing and RERA Over the past 2 years, Affordable housing has witnessed several concrete measures by the Government to boost this critical, yet largely neglected segment. Numerous policies aimed at propelling this segment and promoting private sector participation have been recently announced, including awarding infrastructure status to affordable housing, 100% deduction on profits for affordable housing projects, increasing the livable area of the units and relaxed completion timelines, amongst others. With the implementation of RERA at the state level, consumers can look forward to increased transparency in transactions and developers can look at increased funding as this will encourage foreign/domestic investment and housing sales due to an improved buyer confidence. These coupled with other policy initiatives announced recently, are all aimed at overall development of the housing market in the country. Mr Vamshi Krishna Kant Executive Director - Valuations Mr Aseem Kohli Principal Xander Advisors India Mr Getambar Anand Chairman & ATS Infrastructure Mr Rohit Anand Principal KTGY Mr Sharad Mittal Director & Head RE Fund Motilal Oswal Real Estate Investment Advisors Mr Murali Malayappan * Shriram Properties Mr Sanjay Joshi General Manager & Regional Business Head - Rajasthan Housing Development Finance Corporation Ltd (HDFC) Mr Vamshi Krishna Kant hrs Tea / Coffee Break hrs Session IV : India s Logistics Market Are we ready to align the logistics network with the landmark Tax Reform GST?

5 Over the years, the Goods and Services Tax (GST) has faced innumerable challenges due to issues relating to its structure, tax bracket and subventions for states that may face revenue loses. However, the recent passage of the Constitutional Amendment Bill, as well as the release of the model GST laws, indicates the government s determination to implement an efficient tax system. India is already a preferred manufacturing destination for various companies and the implementation of the GST coupled with the Government s Make in India Campaign and sustained infrastructure development will have a domino effect on the overall economy. This change in the tax policy is also expected to significantly impact the supply chain networks of companies aligning to more operationally efficient networks as opposed to the earlier practice of networks designed to be tax efficient. CBRE Mr N Shridhar * Group Advisor and Director Hiranandani Communities Mr Brian Oravec * Managing Partner & CEO Indospace Mr Mehul Shah Assetz Property Services P Ltd Mr Ashish Singh MD - Real Estate Investments Standard Chartered RE PE Mr Ajay Nijhawan * Senior Vice President Reliance Model Economic Township Mr Arun Kher * Senior Director (heads RE and facilities) Flipkart CBRE 1630 hrs Conference Concludes * * * * * * * * * * Speakers invited *