Harish Fabiani - Group Chairman, IndiaLand

Harish Fabiani - Group Chairman, IndiaLand

IndiaLand: Revolutionising Urban Landscapes with Premier Spaces Across India’s Vibrant Metropolises

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India’s real estate sector is poised for a monumental transformation, forecasted to reach a market value of US$1 trillion by 2029 and an impressive US$5.8 trillion by 2047. Beyond the traditional focus on residential properties, there’s a robust expansion across retail, hospitality, and commercial segments, all pivotal in addressing India’s evolving infrastructure needs.

The nation’s rapid digital transformation has resulted in a surging demand for data centres, projected to increase by 15-18 million sq. ft. by 2025. Concurrently, the expansion of enterprises is driving a surge in demand for office spaces, both in urban epicentres and semi-urban landscapes. Amidst this transformative landscape, IndiaLand emerges as a dynamic force, poised to redefine the commercial real estate sector with innovative solutions and a steadfast commitment to excellence.

IndiaLand, a part of the AmeriCorp Group, showcases a distinguished portfolio boasting over seven million square feet of meticulously developed real estate. With a strong presence across various sectors including IT parks, IT SEZs, industrial parks, and commercial spaces, IndiaLand’s footprint resonates strongly in major Indian cities such as Chennai, Coimbatore, Pune, and Mumbai.

The company also holds prime land parcels strategically positioned to cater to the burgeoning demand for upscale commercial and office spaces in South Mumbai and Pune’s Hinjewadi area. IndiaLand’s commitment to sustainable urban development is underscored by its acquisition of over 400 acres of land in suburban Chennai, slated for an innovative integrated township project in Padalam.

The Genesis of IndiaLand

Founded in 2007 by Harish Fabiani with a clear vision to redefine the global real estate paradigm, IndiaLand set out to merge architectural brilliance with unparalleled safety and quality standards. From its inception, the company aimed to shape communities and set new benchmarks in the industry, striving to become a trailblazer in architectural innovation.

Driven by a mission to pursue real estate opportunities responsibly and with integrity, IndiaLand quickly established itself as a trusted name in the sector. Its commitment to creating world-class buildings while ensuring the well-being of clients and personnel became the cornerstone of its operations.

Despite humble beginnings, the company quickly gained momentum, attracting a diverse clientele, including renowned names like Atlas Copco, Amazon, ICICI Bank, and others. Headquartered in Madrid, Spain and Mumbai, India, IndiaLand expanded its footprint across major Indian cities, with offices in Mumbai, Pune, Coimbatore, and Chennai.

Harish Fabiani, Group Chairman, IndiaLand

The Group Chairman, Mr Harish Fabiani, with more than two decades of profound experience in the Indian real estate and private equity landscape, stands as the visionary leader driving the success of IndiaLand. He did a Diploma in Electronics and Telecommunication Engineering from Delhi University in 1981. In 1998 Harish Fabiani did the executive education course called Program for General Directors in Finance and General Management from Spain’s top university IESE.

With a career marked by groundbreaking achievements, Mr Fabiani is widely recognised as the pioneer of private equity financing in India. His expertise extends beyond finance, as he serves as a strategic advisor to businesses, offering invaluable insights into corporate governance and transparency. Actively involved in technological companies, commercial real estate ventures, finance, and trade, Mr Fabiani’s influence transcends borders.

A notable achievement in his career was facilitating the visit of José María Aznar, the former prime minister of Spain, to India in September 2008, enhancing political and economic relationships between the two nations.

At the core of his business endeavours lies AmeriCorp Ventures, where he serves as a co-promoter. The Madrid-based AmeriCorp Group, managing over $2 billion in Fabiani family assets, makes significant investments in public markets, private equity, and real estate across the European Union and India. Since 1997, the organisation has been influential in the Indian equity market, contributing to the success of prominent brands like TV18, Nimbus, Asia Net Satellite Communications, and Edelweiss Capital.

Harish’s Leadership Odyssey

As a leader, Mr Fabiani shines, as is evident through his management of the Madrid-based AmeriCorp Group, overseeing over $2 billion in family assets and making significant investments in public markets, private equity, and real estate across the European Union and India. Since 1997, the organisation has played a pivotal role in the Indian equity market, contributing to the success of renowned brands like TV18, Nimbus, AsiaNet Satellite Communications, and Edelweiss Capital.

In addition to his role at AmeriCorp, Mr Fabiani owns IndiaLand, a real estate development firm specialising in commercial properties in major Indian cities such as Pune, Chennai, and Coimbatore. Notable projects include a 2.25 lakh sq. ft. grand high street mall in Hinjewadi, Pune, and a sizable approx 1,97,520 sq. ft. space in the cyber city of Magarpatta, Pune. Additionally, the company has developed a 28-acre industrial park in Hinjewadi, Pune, and a sprawling 1.70 Million square foot LEED gold-rated IT SEZ in Saravanampatti, Coimbatore. Looking to the future, IndiaLand has proposed the development of Cade Reality on 5 acres of land in Hinjewadi, Pune, and an extensive 500-acre project, IndiaLand City, in Padalam, Chennai. These projects reflect IndiaLand commitment to creating innovative and sustainable infrastructure solutions.

These accomplishments highlight Mr Fabiani’s strategic prowess and his ability to navigate and thrive in complex markets, reinforcing the importance of visionary leadership and adaptability in achieving lasting success.

Tailored Solutions for Diverse Business Needs

IndiaLand excels in providing a range of valuable services and products tailored to meet the diverse needs of its clientele:

IT Park Development: Crafting cutting-edge facilities specifically designed for IT companies, providing an ecosystem conducive to technology-driven enterprises.

Special Economic Zones (SEZs): Establishing zones equipped with favourable economic regulations, including tax incentives and streamlined compliance procedures, to attract both domestic and international businesses seeking operational optimisation.

Industrial Park Development: Developing purpose-built spaces for industrial activities such as manufacturing, logistics, and distribution centres, enhancing operational efficiency for industrial tenants.

Commercial Real Estate: Building and managing properties within the commercial sector, spanning from office spaces to retail centres, catering to a wide spectrum of business requirements.

Leasing Office Spaces: Providing flexible leasing options for office spaces that allow businesses of various sizes to find suitable environments for their operations.

IndiaLand’s Unique Selling Proposition

Although the Indian real estate market is fiercely competitive, IndiaLand manages to stand out by prioritising personalised customer experiences, local expertise, and innovative marketing strategies.

Through tailored services, including customised property recommendations and virtual tours, IndiaLand ensures each client receives individualised attention and guidance. Their deep understanding of local market dynamics, zoning regulations, and neighbourhood nuances positions IndiaLand as a trusted authority in the industry, fostering trust and confidence among clients.

Leveraging advanced digital techniques such as virtual reality tours and targeted social media advertising, IndiaLand effectively showcases properties and attracts buyers, cementing its reputation as a leader in the real estate sector.

Rising Above Hurdles

While the Indian real estate market presents considerable opportunities, it also poses its fair share of challenges. IndiaLand, despite its success, has encountered numerous obstacles within this dynamic landscape. Economic fluctuations, regulatory complexities, and technological disruptions have all tested the resilience of IndiaLand’s operations.

To sustain economic volatility, IndiaLand diversified its portfolio, expanding into resilient markets and implementing cost-saving measures. They managed regulatory changes by staying informed, maintaining strong relationships with authorities, and ensuring compliance. Viewing technology as an opportunity rather than a threat, technological disruption was embraced through digital transformation initiatives, empowering the workforce with training and adopting new technologies. Despite these challenges, IndiaLand remains steadfast in its commitment to delivering exceptional real estate solutions, continuously adapting to meet evolving market dynamics. Through proactive planning and strategic decision-making, the company has positioned itself for continued success.

Values Driving IndiaLand’s Success

“Core values form the cornerstone for a company’s success,” states a timeless adage, and indeed, for India Land, this rings true. Key values driving their success include,

Architectural Innovation

The company aims to redefine the global real estate landscape with world-class buildings that blend aesthetic excellence with unparalleled safety and quality standards.

Environmental Responsibility

India Land prioritises environmentally friendly sustainable growth, ensuring the well-being of clients and personnel.

Integrity and Responsibility

The company’s mission revolves around pursuing real estate opportunities with integrity and responsibility, benefiting a broad stakeholder group, including investors, partners, tenants, employees, and the community.

Quality and Safety Standards

India Land is committed to creating buildings of the highest quality construction and safety standards, which form the cornerstone of its corporate philosophy.

Nurturing an Employee-Centric Culture

To attract and retain such talent in an era where workforce dynamics are rapidly evolving, IndiaLand prioritises a talent acquisition and retention strategy centred on continuous learning, adaptability, and career development opportunities. “By fostering an inclusive culture that promotes innovation and recognises performance while also prioritising work-life balance and employee well-being, we enhance our ability to attract and retain top talent,” shares Mr Fabiani.

Staying Ahead of the Curve

In response to the rapidly evolving real estate landscape, Harish Fabiani ensures his company stays informed about emerging industry trends and adapts to these shifts through proactive measures and strategic initiatives. He emphasises, “By continuously monitoring market dynamics and regulatory shifts, we keep pace with industry advancements. Our commitment to innovation drives us to seek out new opportunities in the evolving real estate sector.”

IndiaLand is actively pursuing the establishment of a Real Estate Investment Trust (REIT) in compliance with current SEBI regulations. “This strategic initiative aims to transform our business model, incorporating both a commercial full REIT and potential SME REITs for our forthcoming projects. By establishing a REIT, we aim to diversify our portfolio to encompass office spaces, retail centres, and industrial/warehousing complexes, catering to the varied needs of potential investors and tenants, making it available to a wider audience,” adds Mr Fabiani.

Continuously monitoring market trends and regulatory changes, IndiaLand remains committed to innovation and explores new opportunities in the evolving real estate landscape, inviting all to join in this transformative venture.

Real Estate Future Trends

The real estate industry is rapidly evolving with a strong emphasis on technology integration and sustainability. Innovations like virtual reality tours and AI-driven analysis are revolutionising property showcasing and market analytics. Simultaneously, there’s a growing demand for sustainable, eco-friendly buildings. This shift is underscored by the increasing importance of certifications such as LEED (Leadership in Energy and Environmental Design) by the US Green Building Council, ISO 14001 for environmental management, and standards set by the Indian Green Building Council (IGBC). These certifications are becoming benchmarks for constructing energy-efficient, resource-conserving buildings that offer healthy living environments, reflecting the industry’s commitment to sustainable development.

The rise of Sustainable and Modern Real Estate Investment Trusts (SM REIT) is reshaping investment patterns in the sector. SM REIT focuses on properties that uphold sustainability and modernisation, offering investors a unique opportunity to contribute to and benefit from environmentally responsible and technologically advanced real estate ventures. This not only diversifies investment portfolios but also promotes the growth of green, sustainable real estate on a global scale. Mr Fabiani says,

"Shifts in urban dynamics, influenced by the pandemic, may see a move towards suburban living, necessitating adaptability from real estate companies. Regulatory changes will remain a constant consideration, requiring vigilance and flexibility to navigate. Despite challenges, opportunities abound for companies that embrace technology, prioritise sustainability, and remain agile in response to market shifts.”

What Lies Ahead for IndiaLand

In positioning itself for future success, IndiaLand is strategically focusing on several key areas. Demonstrating a commitment to innovation and technological advancements, they have proactively adopted AI-powered CRM systems ZOHO. This emphasis on leveraging cutting-edge technologies ensures enhanced efficiency and maintains a competitive edge in the market.

Aligning with global trends towards green practices in real estate, IndiaLand prioritises sustainable growth and environmental responsibility. Their focus on environmentally friendly and sustainable development reflects a dedication to responsible business practices and ensures they remain relevant in an increasingly eco-conscious market.

IndiaLand is diversifying its portfolio through the establishment of a Real Estate Investment Trust (REIT), aiming to make real estate investment more accessible and open up new avenues for growth. This strategic move strengthens their position in the market and reinforces their commitment to innovation.

IndiaLand sustains adaptability by vigilantly monitoring industry shifts and regulatory changes, facilitating proactive responses to opportunities and challenges. Their steadfast commitment to high-quality construction and safety standards cements their reputation for excellence. These concerted efforts position IndiaLand to not only survive but thrive in the anticipated future landscape of the real estate industry.

Leadership Mantra

Mr. Harish Fabiani emphasises, “If you’re considering entering the real estate industry or starting your own business within it, here are some key pieces of advice to keep in mind. Drawing from my years of experience in the industry, I would suggest starting with having a clear idea of what you want to do. Start by defining your vision and objectives clearly. Be innovative. It not only helps to stay ahead of industry trends but also to remain adaptable to market changes. Uphold integrity and responsibility in all dealings, ensuring ethical practices that benefit all stakeholders involved. Adhering to high-quality construction and safety standards is non-negotiable, forming the bedrock of success in real estate. Moreover, prioritise sustainable growth and environmentally friendly development practices to align with evolving consumer preferences. Real estate is highly competitive, and the competition will keep on increasing. Stay informed about technological advancements, such as AI in construction and property management, to maintain competitiveness. Lastly, cultivate strong networks and affiliations with industry associations like CREDAI for support, guidance, and valuable connections within the field. By following these principles, you’ll lay a solid foundation for success in the dynamic realm of real estate.”

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