Dr. Rakesh Setia, the visionary behind Rustomjee Group, shares insights on how India's real estate sector is evolving to meet future demands, with a focus on sustainability, technology, and customer-centric approaches.
Real EstateSustainabilityTechnologyLuxuryMidsegmentReal EstateMar 12, 2025

Rustomjee Group operates in various segments of the real estate market, including luxury and mid-segment properties. Each segment requires a different marketing strategy to effectively reach and engage the target audience.
Rustomjee Group markets luxury properties by focusing on high-end digital campaigns, personalized experiences, and partnerships with luxury brands. Virtual reality tours and immersive marketing experiences are also used to create a sense of exclusivity and sophistication.
Rustomjee Group emphasizes sustainable practices and eco-friendly designs. They implement green building certifications and integrate energy-efficient technologies in their projects to appeal to environmentally conscious consumers and align with global sustainability goals.
Technology is transforming the real estate sector through the use of smart home technologies, IoT, and AI. These innovations enhance the living experience, making homes more efficient, secure, and convenient, and are expected to play a significant role in the future of real estate.
Rustomjee Group's customer-centric approach involves continuous engagement, feedback, and improvement. They use customer relationship management (CRM) systems to ensure a seamless and personalized experience for homebuyers, focusing on understanding and meeting their needs and expectations.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.