Luxury Retail – An Indian Perspective

Dr. Adv. Harshul K Savla (MRICS) is a Principal Partner of M Realty (Suvidha Lifespaces) which has successfully completed more than 1.2 million sq.ft. in last 30 years across Mumbai City under the able leadership of Mr. Pramesh Rambhiya. CRISIL India recognized Dr. Harshul as "Young Thought Leader" and Realty NXT featured him as "Young Turk of Real Estate Sector". He has won the prestigious CREDAI-MCHI Golden Pillar Award in the category of Best Debutant Real Estate Developer and has been awarded "Young Achiever of the Year" by ET NOW, CNN News 18, ZEE Business, MAHARASHTRA Times, ABP News, MID DAY and Realty Quarter. He has worked as EA to Ramesh Nair, Former CEO and Country Head at JLL, India and has worked in the Wealth Management Team at TATA Capital where he was awarded the National Award for Exemplary Performance. He is a perfect blend of Corporate Experience along with stellar education credentials of Ph.D., LL.M, LL.B., MBA and BMS. He was awarded Doctorate (Ph.D.) for his Thesis on REITs (Real Estate Investment Trusts) which is first such thesis in India on the said subject and the Thesis is also available in the form of a book. Apart from this, he is an NSE Certified Market Professional – Level 4 and has done a course on "Strategic Real Estate Management" from ISB, Hyderabad. He is "Co-Chairman: Statistics and Standards" at CREDAI National, which has more than 13,000 Real Estate Developers as its members and has presence in 217 cities (21 State Chapters). As a matter of fact, he is one of the youngest Office Bearer in the Managing Committee of CREDAI-MCHI wherein he is the Convener of Research and Analytics Wing, and looks into the Learning and Development Initiatives of CREDAI MCHI. He is also the National Committee Head of E-MasterClass at CREDAI National. He is also an Amazon Best Selling Author and has authored one of Indias most comprehensive books on Real Estate Sector. Some of his books are: ERA Post RERA, Real Estate Laws, Reality of Realty, Real Estate Valuation, Affordable Housing, NBFC and HFC Crisis, Fractional Ownership and REITs, Insolvency and Bankruptcy Code, Self-Redevelopment and Reviving Stalled Projects, Luxury Retail and COVID-O-NOMICS. He regularly writes articles for fortnightly business magazine "Property House". He is also a Visiting Faculty at the prestigious RICS School of Built Environment, Mumbai Campus. He teaches the subject "Real Estate Development Process" to Management Students at the Mumbai Campus. He is also Guest Lecturer at REMI – The Real Estate Management Institute, Mumbai. He was invited to conduct session on REITs in India for Developers Members of NAREDCO and was one of the youngest Member Developers to do so. He has also delivered a lecture at PEATA (I) on Future of Realty.

Dr. Sandeep Bhanot is an Associate Professor at SIES College of Management Studies, Nerul, Navi Mumbai. He is an Electronics Engineer from Mumbai University and a Management Graduate from Mumbai University. He has done his Ph.D. in Management from Mumbai University under the guidance of Dr. R. Srinivasan on the topic "A Study on the Purchase Behaviour of High-end Luxury Products". He has around 24 years of teaching experience in various subjects like Business Statistics, Operations Research, Decision Science, Research Methodology and Quantitative Models. He has written over 50 research papers in various national and international journals, and has also presented over 25 research papers at various national and international conferences.

Dr. Srinivasan R. Iyengar is an Associate Professor in the area of Strategy and Marketing at JBIMS, University of Mumbai having more than 20 years of experience in corporate, teaching, and research. He is also approved Ph.D. guide in the area of Management at University of Mumbai. He authored the book on Strategic Retail Management, Cases in Retail Management and Mall Management. He has published many articles, research papers, cases studies in national and international journals, magazines, and newspapers of repute. His recent case study has been published with Ivey Publication. He is consulted by many organisations in the area of Strategic Marketing and Retail Strategies. He can be reached at [email protected]