Page 107 - Construction & Architecture Update JAN-FEB 2018
P. 107

Mohit  Malhotra  has  been  appointed  as  Managing  Director
                                            Godrej Origins     and  CEO  of  Godrej  Properties  Limited  (GPL)  with  effect  from  1st
                                                               April  2017.    Mohit  joined  Godrej  Properties  in  2010  and  has  been
                                                               instrumental  in  the  company’s  growth  since  then.  He  first  headed
                                                               business development for the company and has since taken on larger
                                                               leadership responsibilities that currently include heading GPL’s pan-
                                                               India operations. Mohit was appointed to GPL’s Board of Directors as
                                                               an Executive Director in 2015.




                                                            The New Year has started so what are your plans for this year?
                                                            What are the initiatives we can see in 2018?
                                                              2017 was clearly a year of reforms for real estate and we feel 2018 will be
                                                            the year of consolidation and provide abundant growth opportunities for the
                                                            real estate sector. Some important changes that can be expected are,
                                                            n Large-scale consolidation in the sector
                                                            n Adoption  of  new  business  models  –  more  joint  venture  (JV)  and  joint
                                                              development (JD) will be seen
                                                            n There will be increased contribution to sustainable development
                                                            n Investment opportunities for small investors will be available in the form
                                                              of REITs
                                                            n We  will  see  faster  adoption  of  modern  construction  techniques  and
                                                              technologies - thereby leading to timely completion of projects.




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