Thursday, April 22, 2021

Brigade Reap And HDFC Capital’s ‘One World One Realty’ To Focus On Creating A More Efficient And Sustainable World

* Two Day Virtual Summit on Sustainability in Real Estate and Construction Sector Inaugurated on International Earth Day

One World, One Realty, a virtual Global PropTech Summit aimed at defining a sustainability road map for the real estate and construction industry, presented by Brigade Reap and HDFC Capital, was inaugurated today by Shri. Hardeep S Puri, Honorable Minister for Housing and Urban Affairs; Civil Aviation and MoS Commerce and Industry, Government of India and Dr. Ashwath Narayan C N, Honorable Deputy Chief Minister, Government of Karnataka. The two-day virtual summit which was inaugurated on International Earth Day will deliberate on a series of topics on innovation and technology to create a more efficient and sustainable world. The summit will address the issue of global warming, environmental concerns and emission impacts and how the real estate and construction sector can come together, globally as one to use technology and innovation for a better world.

Eminent industry leaders from the Real Estate, Construction and Infrastructure sectors including Mr. Deepak Parekh, Chairman - HDFC Ltd, Mr. Mahesh Ramanujam President and  CEO, U.S. Green Building Council USGBC, Mr. Vipul Roongta, MD and  CEO - HDFC Capital Advisors Ltd, Mr. Ankur Gupta, Managing Partner, Head of India - Real Estate, Brookfield, Mr. Nipun Sahani, Partner, Real Assets – Apollo Global, Mr. Mridul Upreti, Sector Lead - Tourism, Retail and  Property – IFC, Mr. Hari Marar, MD and  CEO, Bangalore International Airport, Mr. Faisal Butt, CEO, Founder and  Chairman, Pi Labs Ltd, UK, Mr. Nicholas Brathwaite, Founding Managing Partner, WRVI, California, Mr. Jonathan Hannam, Co-Founder and  Managing Partner, Taronga Ventures, Australia, Mr. Manuel Ventura Sala, CCO, Wellness TechGroup, Spain, Ms. Daisy Chittilapilly, MD, CISCO INDIA and  SAARC, Ms. Nirupa Shankar, Executive Director, Brigade Enterprises Ltd, Mr. P.S Narayan, Global Head, Sustainability and Social, Wipro Ltd and Mr. Anirban Ghosh, Chief Sustainability Officer, Mahindra are some of the speakers at the summit.

Speaking at the inauguration, Shri. Hardip S Puri said, “The theme of Sustainable Development for the Global Summit One World One Realty is most appropriate and timely. The global housing technology challenge launched by the PM in January 2021 is an example of our commitment to sustainable development. This is a program harnessing global expertise on the use of new construction techniques, and green technologies in constructing houses in lesser time frames than those with other conventional technologies. These light house projects, as they are called, will come up in six geoclimatic zones in the country and will pave the way to ultimately mainstream their use. I urge all participants in this summit to play an active role in propagating the use of new technologies. We are well aware of the adverse impact of climate change, therefore minimizing the carbon footprint must remain the central focus even as we urbanise. We owe this to the health of our future generations. I am confident the deliberations in the various sessions will yield positive outcomes. I also urge the construction industry in India to raise the bar when it comes to the use of green technologies in construction so that India becomes a force to reckon with”.

Mr. Deepak Parekh, Chairman, HDFC Ltd in his address said, “Technology has enabled developers to virtually showcase their properties and home loan providers have leveraged digital platforms to continue to serve new and existing customers. Capitalizing on technology for the real estate sector will also improve governance. This will bring in much needed transparency, accountability and improve cost efficiency. PropTech companies can play a big role in accelerating the Government's smart city mission as well as help local level bodies and municipalities in terms of facilitating online approvals of building permits. We strongly believe that technology will play a significant role in the development of a sustainable and efficient real estate ecosystem. Sustainability must become a part of our DNA if we are to leave a better world for future generations.”

“When we launched Brigade REAP in 2016, the main objective was to select and mentor sustainability startups that would bring disruptive technologies to the real estate industry, which would reduce cost, increase revenue and save time.  These start-ups have been most exciting to mentor and grow. They have the ability to tackle big issues plaguing the real estate industry from an environment and operations perspective. Through this summit, we aim to bring together some of the finest minds including start-ups and seasoned industry professionals from across the world. They will share their experiences and insights on how the real estate and construction industry can leverage technology for efficient development by increasing sustainability, optimising resources and adopting new practices to work towards a carbon neutral ‘built world’. The need of the hour is to re-engineer and reimagine the business to ensure that design, planning, construction and operations in the industry gets more efficient. We need to optimize the use of natural resources and build more responsibly”, said Nirupa Shankar, Executive Director, Brigade Enterprises Ltd.

Proptech Startups focused on sustainability will present real time solutions at the summit. These include ZigZag Solar (Netherlands), WEGOT (India), Strawcture (India), Ricron (India), Square Yards, Facilio, Xpedize, Build Supply, Evercamp (UK)Metrikus (UK), Snaptrude (India) and Smart Vizx (India).

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