Navigating a VUCAFU World: Insights from the NHSMRE Real Estate Conclave

The NHSMRE's second Real Estate Conclave explored the industry's adaptation to the VUCAFU framework, emphasizing resilience and innovation. Experts, including top industry leaders, discussed challenges like volatility and demand-supply shifts, offering strategies for sustainable growth in the real estate sector.

VMPL Mumbai (Maharashtra) [India], February 27: Under the banner of HSNC University, the Niranjan Hiranandani School of Management & Real Estate (NHSMRE) hosted its second Real Estate Conclave, themed 'Real Estate in a VUCAFU World'. The gathering united experts, policymakers, academia, and students to address the evolving real estate landscape amid VUCAFU (Volatility, Uncertainty, Complexity, Ambiguity, and Fear of the Unknown) challenges.

Dignitaries at the event included BMC Commissioner Bhushan Gagrani, HSNC University's Provost Niranjan Hiranandani, and notable figures like Shobhit Agarwal and Dr. Charla Griffy-Brown. Discussions highlighted the impact of volatility and the need for sectoral resilience. Experts advocated for quick adaptation, emphasizing innovation amidst uncertainty.

Dr. Hemlata K. Bagla opened with a parallel between Heisenberg's uncertainty principle and real estate dynamics, while insights from Niranjan Hiranandani's GIFT City experience demonstrated accelerated project completion. Panelists addressed infrastructural growth, sustainable urban policies, and RERA's role in regulating India's real estate, concluding with a real estate quiz to engage attendees.

(With inputs from agencies.)