Executive Summary

The Srei Infrastructure Club of the Indian School of Business (ISB) aims to generate interest in the rapidly growing sectors of real estate and construction within the student community, generate career opportunities in several of the leading companies in this industry and prepare students for the challenges that they will face as they shape what the world of tomorrow would look like.

The club of 2012 has several initiatives underway to fulfil its ambitious goals. The organisation of a highly-informative job trek with the Lodha Group in Mumbai helped several ISB students gain an understanding of the typical day-to-day activities of a company in this industry. In addition, the club is working as a key knowledge
partner in two prestigious conventions: The National Association of
Realtors (NAR) convention, and the Global Real Estate Institute (GRI)
convention.

The Srei Infrastructure Club is also conducting speaker panel discussions with leading professional and academic experts to give its members a highly-informed view of the current industry structure. Members will also be assigned short-term consulting projects under the guidance of experienced professors to give them a flavour of the challenges in the real estate and infrastructure sector. In addition, resume review sessions, consulting workshops and alumni networking sessions will be held to provide students an edge in securing jobs in the industry.

This website provides a sample of the club members who will be competent to lead the way in developing the Real Estate and Infrastructure sector. The club members themselves have diverse backgrounds, with experience in areas such as finance, consulting and even economics. Through the efforts of our club and education provided by the ISB, we guarantee that this group of individuals will be best suited for the Real Estate and Infrastructure sector.

From the President’s Desk:

The Post Graduate Programme in Management (PGP) at the Indian School of Business (ISB) is designed to challenge some of the brightest individuals in the country, who want to learn about business. These individuals bring with them substantial and quality work experience, along with maturity, matched by no other business school in the country.

The year at ISB proves to be transformative for these young professionals, who make an impact in the industry through knowledge and experiences gained in the programme .

Academically rigorous yet career-oriented, the programme exposes students to 32 new subjects over the course of the year, 16 of which are chosen by the students themselves as their specialisation. The subjects are taught by some of the most illustrious names in academia that include ISB's resident faculty and the visiting faculty from schools such as Wharton, London Business School and Kellogg. Our faculty members are highly coveted consultants, regularly engaging with industries, institutions and governments. The programme prides itself in being integrated with the cutting-edge research of these very faculty members.

This website presents to you some of the best talent in the Infrastructure and Real Estate space, that ISB has to offer. These students come from diverse backgrounds, having worked in development banks, project management firms, power projects, design corporations, EPC companies, amongst others. Armed with higher knowledge, these highly trained professionals are preparing to move back into the industry, taking on greater responsibilities, delivering even better quality work and adding value to their future employers.

Real Estate

The Real Estate industry is one of the fastest growing industries in India with an estimated market size of USD12 million and an annual growth rate of 30%. Factors such as the changing demographics, increasing affluence, large segments of population becoming economically active, increasing urbanisation, rise of nuclear families, and the desire to own rather than rent a house, are the key drivers that are shaping up the demand in the real estate sector.

The industry offers extensive opportunities in the residential, commercial, retail, and hospitality sectors. With an estimated lack of over 25 million housing units in India, residential real estate is expected to grow at the fastest rate within the real estate sector. The advent of organised retail market with players such as Wal-Mart, Reliance, Spencer, etc, who are looking to expand into Tier 2 and Tier 3 cities, has further boosted the real estate market and therefore, the opportunities offered by the industry.

Real estate is an emerging market that offers huge prospects for investment and flourishing careers. With increasing international players in the developing countries, real estate finance and consulting are becoming major focus areas in the industry. Real estate lending by banks has increased by 3.78 times in the last two years, forming 18% of the total bank credit.

With land and buildings being integral parts of any venture that is initiated, real estate is an industry that will always keep thriving and offering lucrative career opportunities. The industry offers career opportunities not only to the individuals with a background in the Real Estate sector but also to those coming from finance, marketing, consulting, general management, and other domains.

Infrastructure

India’s strong economic growth in the recent years has led to rapid expansion of industry and commerce which has significantly increased the demand for infrastructure services. As per the 12th five-year plan, the investments in the infrastructure sector will be close to 10% of GDP. Investments within the sector can be broadly classified into infrastructure construction investments i.e., roads, urban infrastructure, power, irrigation and railways; industrial or core construction investments i.e., steel plants, oil pipelines and refineries; and real estate construction investments i.e., residential and commercial construction.

The Government is taking several measures and playing an active role in making the investments in this sector attractive. In addition, multi-lateral agencies such as the World Bank and Asian Development Bank are also funding various initiatives. Delhi Metro Rail project, which was funded partly by Japan International Bank for Cooperation, is an example of an international agency funding a large scale Indian project. Various vehicles of financing, such as Public Private Partnership (PPP) models, are being developed to facilitate private investment in this sector, which has typically been under government regulation.

The India infrastructure story is forward-looking and hence, presents immense opportunities for future managers and business leaders. The aim of the Srei Infrasrtucture Club is to increase awareness amongst its members in this sector and to provide them with the industry exposure through club activities.