25th August, 2014:
Bloomberg TV India, the country's leading English business news channel, launches a first-of-its-kind show - Tracking the Recovery - Real Estate, that will put the spotlight on the challenges faced by the real estate sector, highlight growth triggers and map its road to recovery. It will also analyze and rank India’s most successful real estate firms.
The real estate sector is a critical driver of India's economic growth. With unsold properties, increasing number of stalled projects and a soaring debt of over Rs.30,000 crores recorded for India's top five real estate firms; the sector has been sailing in turbulent waters over the past few years. Will the sector be back from the brink? How can it overcome these roadblocks? When will the balance sheets clear and reflect positive gains? The show will engage the industry's biggest thought leaders in a series of exclusive panel discussions, as they analyze the growth triggers and focus on Real Estate's road to recovery.
Commenting on the show launch, Ms. Mini Menon, Executive Editor, Bloomberg TV India said, “Amidst all the talk of better days and a recovery – ‘Tracking the Recovery’ is our attempt to look at the ground up picture in some key sectors. We are excited to start our series with a focus on India’s real estate sector. The sector has gone through some very tough times and a recovery here can have a cascading impact on many areas of the Indian economy. But how far is that? We dip into insightful research and analysis to find this out.”
Tracking the Recovery - Real Estate, powered by Kohler, will be a five-part series comprising of panel discussions with the best minds in the sector. These discussions will involve industry chiefs like Mr. Anurag Mathur - CEO PDS & Head Emerging Businesses, Jones Lang LaSalle Property Consultants India Pvt Ltd.; Mr. Rajeev Talwar - Group Exec Director, DLF Ltd; Mr. Prashant Soloman - MD, Chintels India; Mr. Pranav Ansal - Vice Chairman, Ansal Properties and Mr. Mohit Goel - CEO, Omaxe Ltd. among others. They will share their insightful views on the challenges faced by the industry, on opportunities for growth and their individual strategies, to beat the downswing of the sector. The panel discussions will be moderated by Ms. Mini Menon - Executive Editor, Bloomberg TV India. JLL (Jones Lang LaSalle) is associated with the series as Knowledge partner.
Mr. Salil Sadanandan, Managing Director, Kohler Kitchen & Bath, India, said “The realty sector has evolved fairly quickly from being a need-driven category to more a lifestyle statement. We are delighted to be associated with Bloomberg TV for ‘The Tracking Recovery’ as we share the same endeavor- to create awareness about the category. This is a great platform to engage with thought leaders to discuss the triggers which are leading to the exponential growth of the real estate space. We look forward to a great show together.”
“Tracking the Recovery - Real Estate” will air exclusively on Bloomberg TV India, on Wednesdays at, Saturdays at and Sundays at .
About Bloomberg TV India:
Bloomberg TV India, nation’s leading English business news channel with unique access to newsmakers and research-based data, illuminates stories that affect companies and industries. Bloomberg TV India provides immediate perspective on critical business news as it happens, from where it happens. Backed by an enviable squad of Indian journalists, global network of 150 bureaus and 2500 professionals, we deliver the most credible insights to our viewers.
Bloomberg TV India’s focus on delivering breaking news and key insights aligns with Bloomberg's overall goal of being the world's most influential news organization. The core of the channel’s viewership is formed by influential leaders, business executives, and affluent professionals.