Optimizing Real Estate Value

Over the last few decades, India has undergone rapid industrialization – predominantly in manufacturing “clusters” most of which thrive in and around the metropolitan cities of the country. Some of the prime movers for this rapid growth have been the steady increase in the per capita income propelling urbanization, and the accurate perception of India as a hub for cost-effective manufacturing. Another encouraging factor has been a supportive politicoeconomic climate which has fostered favourable conditions for more and more large MNCs to set up their operating units in India. Various initiatives like Skill India, Make in India and Start-up India that have been launched by the Government in recent times have significantly driven economic growth. All of this, in order to be successful, has required project management as an underlying enabling factor.

- Anurag Mathur

Project management is certainly not a recent phenomenon in India. Historical architectural marvels like the Taj Mahal, the Ajanta-Ellora caves and the Sun Temple at Konark, to name just a few, are all examples of excellent project management in the country’s ancient times.

Project management involves the use of skills, tools and techniques to successfully execute schemes in order to deliver the requisite product and process outcomes. In the real estate realm, it may entail Project Management Consulting, Capital Improvement, Multi-Site Programme Management, Development Management and Advisory, Base Building Monitoring, Move Management, Build-to-suit Development, Construction Management and Tenant Improvements.