Mumbai (Maharashtra) [India], December 12 (ANI/PNN): Mumbai's real estate is on the course to become one of the world's most premium markets in the next few years. Ajay Ashar, the Founder and Chairman of Ashar Group, President-Elect of CREDAI-MCHI, opines that MMR real estate market will soon start competing with the world's leading real estate markets like Dubai, Singapore, London etc., especially on the back of mammoth infrastructure development taking place in the financial capital. He was speaking at the AISL (Alternative Investments & Sustainable Lifestyles), a forum organized by Brand Torque LLP, a firm that aims to bring ALTERNATIVE INVESTMENTS IN THE CONTEMPORARY WORLD. The other dignitaries who were on the panel were Khushroo Panthaky (Chartered Accountant, Mumbai), Pritam Chivukula (Co-Founder & Director- Tridhaatu Realty), Shahzad Madon (Head of Nippon India- Alternative Investments) Sudeep Saha (CMD- Avant Group), and Vivek Iyer (Partner & National Leader-Financial Services Risk Advisory-Grant Thornton Bharat). He attributed the growth story of Mumbai to the Indian macro market scenario, which is fundamentally strong to withstand even a global meltdown. He expressed confidence in the Indian economy by stating that only a few economies in the world will grow over 5%, and India is one such nation that is projected to grow at 7 per cent in the next few years. The mega projects of Mumbai will be the catalyst of India's growth story. These major infra projects include the Mumbai Trans Harbour Link, Navi Mumbai International Airport, Mumbai Coastal Road, Delhi Mumbai Industrial Corridor, Mumbai Ahmedabad High-Speed Rail, Goregaon-Mulund Link Road, and the planned underground tunnel between Borivali and Thane. In addition, the development of satellite cities is also expected to boost the real estate markets in areas like Thane and Navi Mumbai. With the ready availability of mid-scale and premium residential properties, these areas are poised for growth and occupancy once the infra projects come up. Mumbai is home to some of the nation's most prominent businesses. According to Ashar, Mumbai will continue to be the center of attraction for many global conglomerates to set up their offices, eventually pushing the residential real estate market's growth trajectory. "Besides, there will be a paradigm shift in Mumbai's commercial real estate market, with over 110 unicorns and 75 plus soon-to-become unicorns looking for new spaces. In a nutshell, both residential and commercial real estate in Mumbai will be the best market eco-system for both investors and end-users," he added. While speaking on real estate as a safe investment, He said that the world is no longer nearly as safe as we once believed; therefore, people save more money, and real estate continues to be the preferred asset for principal preservation and appreciation. In his opinion, despite high inflation, a shaky stock market, and the threat of war, real estate will remain a secure investment area. "History demonstrates that investors have consistently relied on real estate as a reliable foundation for any well-balanced portfolio throughout geopolitical unrest. "Whether an investor is worried about global financial risk or needs to diversify their portfolio, real estate is something they can live in; its bricks and mortar, it's something they can touch and sleep in and rent out," he concludes. The event saw close to 150+ High Profile delegates from different walks of life who appreciated the format and the takeaways from the developers and the forum. All the panels highlighted the relevance of AISL2022 by emphasizing the bridge that is now being created between industry & investors through an exclusive platform like AISL2022. For more information Reach out to: http://www.brandtorque.in/ Also Subscribe the channel: https://youtu.be/7rjbAJcf55g This story is provided by PNN. ANI will not be responsible in any way for the content of this article. (ANI/PNN)

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Dubai , Dubayy , United Arab Emirates , Mumbai , Maharashtra , India , London , City Of , United Kingdom , Singapore , Ajay Ashar , Thornton Bharat , Bashar Group , Financial Services Risk Advisory , Navi Mumbai International Airport , Vivek Iyer Partner National Leader , Founder Tridhaatu Realty , Pritam Chivukula Co , Brand Torque , Alternative Investments , Sustainable Lifestyles , Khushroo Panthaky , Chartered Accountant , Pritam Chivukula , Shahzad Madon , Sudeep Saha , Vivek Iyer , Mumbai Trans Harbour Link , Mumbai Coastal Road , Delhi Mumbai Industrial Corridor , Mumbai Ahmedabad High Speed Rail , Goregaon Mulund Link Road , High Profile , Mumbai Maharashtra India , Ecember 12 Ani Pnn Mumbai 39s Real Estate Is On The Course To Become One Of World Most Premium Markets In Next Few Years Ajay Ashar , He Founder And Chairman Of Ashar Group , Resident Elect Of Credai Mchi , Pines That Mmr Real Estate Market Will Soon Start Competing With The World 39s Leading Markets Like Dubai , Ondon Etc , Specially On The Back Of Mammoth Infrastructure Development Taking Place In Financial Capital He Was Speaking At Aisl Alternative Investments Amp Sustainable Lifestyles , A Forum Organized By Brand Torque Llp , A Firm That Aims To Bring Alternative Investments In The Contemporary World Other Dignitaries Who Were On Panel Khushroo Panthaky Chartered Accountant , Ritam Chivukula Co Founder Amp Director Tridhaatu Realty , Hahzad Madon Head Of Nippon India Alternative Investments Sudeep Saha Cmd Avant Group , Nd Vivek Iyer Partner Amp National Leader Financial Services Risk Advisory Grant Thornton Bharat He Attributed The Growth Story Of Mumbai To Indian Macro Market Scenario , Hich Is Fundamentally Strong To Withstand Evena Global Meltdown He Expressed Confidence In The Indian Economy By Stating That Onlya Few Economies World Will Grow Over 5 , Nd India Is One Such Nation That Projected To Grow At 7 Per Cent In The Next Few Years Mega Projects Of Mumbai Will Be Catalyst 39s Growth Story These Major Infra Include Trans Harbour Link , Nd The Planned Underground Tunnel Between Borivali And Thane In Addition , He Development Of Satellite Cities Is Also Expected To Boost The Real Estate Markets In Areas Like Thane And Navi Mumbai With Ready Availability Mid Scale Premium Residential Properties , Hese Areas Are Poised For Growth And Occupancy Once The Infra Projects Come Up Mumbai Is Home To Some Of Nation 39s Most Prominent Businesses According Ashar , Umbai Will Continue To Be The Center Of Attraction For Many Global Conglomerates Set Up Their Offices , Ventually Pushing The Residential Real Estate Market 39s Growth Trajectory Quot Besides , Here Will Bea Paradigm Shift In Mumbai 39s Commercial Real Estate Market , Ith Over 110 Unicorns And 75 Plus Soon To Become Looking For New Spaces Ina Nutshell , Oth Residential And Commercial Real Estate In Mumbai Will Be The Best Market Eco System For Both Investors End Users , Uot He Added While Speaking On Real Estate Asa Safe Investment , E Said That The World Is No Longer Nearly As Safe We Once Believed Therefore , Eople Save More Money , Nd Real Estate Continues To Be The Preferred Asset For Principal Preservation And Appreciation In His Opinion , Espite High Inflation , A Shaky Stock Market , Nd The Threat Of War , Eal Estate Will Remaina Secure Investment Area Quot History Demonstrates That Investors Have Consistently Relied On Real Asa Reliable Foundation For Any Well Balanced Portfolio Throughout Geopolitical Unrest Whether An Investor Is Worried About Global Financial Risk Or Needs To Diversify Their , Eal Estate Is Something They Can Live In Its Bricks And Mortar , T 39s Something They Can Touch And Sleep In Rent Out , Uot He Concludes The Event Saw Close To 150 High Profile Delegates From Different Walks Of Life Who Appreciated Format And Takeaways Developers Forum All Panels Highlighted Relevance Aisl2022 By Emphasizing Bridge That Is Now Being Created Between Industry Amp Investors Through An Exclusive Platform Like For More Information Reach Out Http Www Brandtorque In Also Subscribe Channel Https Youtu Be 7rjbajcf55g This Story Provided Pnn Ani Will Not Responsible Any Way Content Article ,