Conference on REF II

Dickenson Intellinetics
Private Limited

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Past Conference

Conference on REF II - 17th May 2007

Event date: 12th - 13th July
Venue: JW Marriott, Mumbai, India

In case you missed the conference, you now have the best next thing by ordering the DVD package of the conference for Rs. 12,000 or USD 300, including taxes and shipping.

The Indian Venture Capital Journal has organized its first ever VC & PE centric platform in India, exclusively focused on the Real Estate Sector, which in India is being perceived as the hottest financing and investment opportunity. It has a vast potential of renewable energy across various sources and today, it is among the world's largest programmes for Tier II & Tier III cities. This was being held in Mumbai at the J.W Marriott, Mumbai on 12th & 13th July 2007. Featuring erudite speakers who are active practitioners in the industry, this event is an interactive knowledge dissemination platform which will throw light on the real estate sector and address the industry's imminent challenges with possible solutions. The conference on the 12th July 2007 explored the myriad of opportunities that are evolving for Private Equity players in the areas of investment opportunities in investing in Tier II and Tier III cities. On 13th July 2007 our instructional workshop on Private Equity & Venture Capital equipped the participants to move into the fast track for understanding market dynamics and building a strong competency on valuation, deal modeling and structuring. The package includes a complete set of menu-driven high-resolution DVDs covering the entire conference, from the opening session to the closing session of the day. You also get the database of all the attendees (in excel format) and the power point presentations of each session.

Overview

Today, the Indian Real Estate Sector is on the road to maturity. Overall, we are seeing a transformation in the Indian Real Estate market. New developments in this sector include the proposed introduction of Real Estate Mutual Funds and the emergence of AIMS, a new financing option for the developers. At the inflection point of a certain upsurge in India, partly fuelled by Private Equity players, there is a pressing need to understand the issues relating to the deployment of REFs, and how Developers and Entrepreneurs can take advantage of this type of fund to substantially scale up their project sizes and business volumes.

This conference attempts to examine the opportunities and threats embedded within this space, covering areas such as bureaucratic hurdles, litigious tax environment and repatriation norms. This conference aims to bring all relevant stakeholders, including specialists from the fields of legal, regulatory, development, advisory and REF management, under one roof. In addition to this it aims at promoting networking and helping to facilitate deals between REF's and Developers.

Agenda

Time	Sessions
8:00 AM	Breakfast and Registration
9:00 AM	Key Note Address: Real Estate Scenario: Macro Perspective Mr Shahzaad Dalal Vice Chairman & Managing Director IL&FS Investment Managers Limited Mr. Gaurav Deepak Managing Director, Avendus Advisors Mr. Nishith Desai Founder, Nishith Desai Associates Mr. Anuj Puri Chairman and Country Head, Jones Lang Lasalle Meghraj Mr. Manoj Saha Managing Editor, IVCJ's Private Equity Journal for India
9:50 AM	SESSION 1: Real Estate Demand Drivers and its Outlook Chairperson Dr Archana Hingorani Executive Director, IL&FS Investment Managers Limited REFs: Oversupply or Equilibrium? Speakers Mr. Sudhir Nair Head Research, CRISIL Limited A reality Check on the Indian Real Estate Market: Are market and regulatory road blocks making any difference? Mr. Rahul Rai Principal, SUN-Apollo Real Estate Advisors Pvt. Ltd Commercial Segment: Can India’s service sector sustain its growth? Mr. Kuldip Chawlla Chief Operating Officer, Unitech Realty Investors India (Pvt) Ltd Residential Segment: Matching products with purchasing power? Mr. Rajneesh Agrawal Vice President , Avendus Advisors Are we getting our act together on: SEZ’s, Technology Parks and Townships? Mr. Nayan Shah Chief Executive Officer, May Fair Holdings Emerging segments: Industrial Warehousing, Hotel & Service Apartments, Education, Exhibition halls and conference facilities
10:50 AM	Tea and Coffee Break
11:10 AM	SESSION 2: Legal, Tax and Regulatory Issues Chairperson Mr. Parimal Shroff Founder, Parimal Shroff & Co. Current Legal & Regulatory dynamics : Effecting Real Estate Transaction Speakers Mr. Anil Harish Partner, D.M. Harish & Co. Structuring Tax Efficient Deals Mr. Nishchal Joshipura Senior Associate, Nishith Desai Associates Structuring Foreign Funds for India Mr. Jayesh Kariya Partner, Deloitte Touche Tohmatsu India Pvt Ltd. Case Study: Tax efficient Models for foreign funds Q & A Session
12:10 NOON	SESSION 3: Developers Perspective Chairperson Speakers Mr. Akash Deep Jyoti Head, Corporate & Infrastructure Ratings, CRISIL Limited Rating for developers & projects: A catalyst to tap REFs? Mr. Mohan Deshmusk President, MCHI Loosening up Land Banks: A case for rapid reforms? Mr. Anand Gupta Chairman, Builders Association of India Product differentiation through value adders Mr. V Vijay CFO, Sky Line Constructions Issues & Concerns in PE Funding: A developer’s perspective Q & A Session
1:10 PM	Lunch
2:45 PM	SESSION 4: Investing in Tier II & III Cities Chairperson Mr. Ved Prakash Arya Managing Director, Milestone Capital Speakers Mr. Subhash Bedi Partner ,Red Fort Capital. LLC TIER II & III Cites: Attractive or Deceptive? A PE’s perspective. Mr. V. Hari Krishna Chief Investment Officer, Kotak Realty Fund Valuations issues in TIER II & III Cities Mr. Naresh Nadkarni Chief Investment Officer, HDFC Venture Capital Strategies for deal engineering in Tier II cities: A PE’s perspective Mr. Shrirang Sarda Managing Director, SINNAR BIDI UDYOG LTD. The Corporate rush to TIER II Cities: facts or fiction? Mr. Manish Kalani Managing Director, Kalani Construction Fund Raising in Tier II cities: A Developers experience *Q & A Session*
4:05 PM	SESSION 5 A : Deal Making and Exit Strategies Chairperson Mr. Kishore Gotety Director: Investments, Real Estate ICICI Venture Fund Mgmt Co Ltd Practical challenges in deal structuring and deployment of funds Speakers Mr. Saurabh Jain Principal, SUN-Apollo Real Estate Advisors Pvt. Ltd How can developers prepare themselves before seeking Private Equity? Mr. Kuldeep Tikkha Partner, E&Y India Withstanding Due Diligence: Precautionary steps developers can take Mr. Rajesh Agarwal Managing Director ,AIG Global Real Estate Pre- IPO pricing Strategies: A mix of domestic debt and private equity is the best option for developers before going public. Mr. Apurva Muthalia Vice President – Real Estate Asset Advisory, JP Morgan India Pvt Limited How do Foreign players asses the risk in India? *Q & A Session*
5:15 PM	SESSION 5 B : Deal Making and Exit Strategies Chairperson Mr. Gaurav Deepak Managing Director, Avendus Advisors How can deals be structured to maximize exit returns? Speakers Mr. Ashwin Ramesh Principal, Primary Real Estate Advisors Private Limited IPOs : a fertile and vibrant exit route? Mr. Kuldip Chawlla Chief Operating Officer, Unitech Realty Investors India (Pvt) Ltd xit Strategies : Trade Sales market dynamics Mr. Sanjeev Dasgupta Chief Financial Officer & Head Investments Kshitij Retail Segment: Is this a game that only big boys can play? Mr. Shobhit Aggrawal President, Jones Lang Lasalle Meghraj *Q & A Session*
6:20 PM	Vote of Thanks

LIST OF SPEAKERS

Dr Archana Hingorani, IL&FS Investment Managers Limited
Mr. Akash Deep Jyoti, CRISIL Limited
Mr. Anand Gupta, Builders Association of India
Mr. Anil Harish, D.M. Harish & Co.
Mr. Anuj Puri, JLL Megraj
Mr. Ashwin Ramesh, Primary Real Estate Advisors Private Limited
Mr. Gaurav Deepak, Avendus Advisors
Mr. Jayesh Kariya, Deloitte Touche Tohmatsu India Pvt Ltd.
Mr. Kishore Gotety, ICICI Venture Fund Management Company
Mr. Kuldeep Tikkha, E&Y India
Mr. Kuldip Chawlla, Unitech Realty Investors India (Pvt) Ltd
Mr. Manish Kalani, Kalani Construction
Mr. Mohan Deshmusk, MCHI
Mr. Naresh Nadkarni, HDFC Venture Capital
Mr. Nayan Shah, May Fair Holdings
Mr. Nishchal Joshipura, Nishith Desai Associates
Mr. Parimal Shroff, Parimal Shroff & Co.
Mr. Rahul Rai, SUN-Apollo Real Estate Advisors Pvt. Ltd
Mr. Rajesh Agarwal, AIG Global Real Estate
Mr. Sanjeev Dasgupta, Kshitij
Mr. Saurabh Jain, SUN-Apollo Real Estate Advisors Pvt. Ltd
Mr. Shobhit, Aggrawal, JLL Megraj
Mr. Shrirang Sarda, SINNAR BIDI UDYOG LTD.
Mr. Subhash Bedi, Red Fort Capital. LLC
Mr. Shahzaad Dalal, IL&FS Investment Managers Ltd.
Mr. Sudhir Nair, CRISIL Limited
Mr. V Vijay, Sky Line Constructions
Mr. V. Hari Krishna, Kotak Realty Fund
Mr. Ved Prakash Arya, Milestone Capital

TARGET AUDIENCE

Fund Managers and Practitioners
Developers, Builders and Promoters
Housing Finance Institutions, Banks and NBFCs
Development Authorities, Ministries and Government Departments
Real Estate Consultants
Construction Equipment & Building Materials producers / Suppliers
Building Interiors, Service Systems & Products providers
Professionals working in private equity, venture capital, corporate finance, debt finance, leveraged finance, acquisition finance, structured finance & MBOs.
Entrepreneurs seeking knowledge on private equity & venture capital funding, compliance and treasury.
Investors looking to become LPs in Real Estate Funds,
Consultants and/or placement agents looking to advise either developers or fund managers

WORKSHOP ON REAL ESTATE FUNDS

*Post Conference Master
Classes Day 2 : 13th July 2007

Master Classes
09:00 - 17-00

Master Classes Conducted by leading practitioners on
VALUATIONS & DEAL STRUCTURING

Over the last few years, we have witnessed a steady growth in the private equity & venture capital investment in the real estate sector in India. While there has been solid traction, the potential for future development is even more impressive. Both the demand for and supply of such capital is likely to expand. Our instructional and intermediate level workshop on Private Equity equips you to move into the fast track for understanding market dynamics and building a strong competency on valuation, deal modeling and structuring.

If you require any further information about the workshop, please contact Kushal Singh on +91 22 2625 2282.

EXPERT PRACTIONERS CONDUCTING THE WORKSHOPS

Mr. Jai Mavani
KPMG

Mr. Keyur Shah
HDFC Venture
Capital Ltd.

Mr. Kuldeep
Tikkha
Ernst & Young

Mr. Tanaji C
JLL Meghraj

Mr. Jayesh Kariya
Deloitte Touche Tohmatsu India Pvt. Ltd.

Mr. Anil Harish
D.M. Harish & Co.

Agenda

Industry Overview & Outlook
Mr. Tanaji C, Economist, JLL Meghraj

Structuring Tax Efficient Deals
Mr. Anil Harish, Partner, DM Harish & Co

Due Diligence of Real Estate Transactions
Mr. Kuldeep Tikkha, Partner, E&Y India

Tea & Cofee Break

Devising Structures at Fund Level
Mr. Jayesh Kariya, Partner, Deloitte Touche Tohmatsu India Pvt Ltd.

Devising Structures at Company Level
Mr. Jay Mavani, Executive Director, KPMG India

Effective Exit Strategies
Mr. Keyur Shah, CFO, HDFC Venture Capital Limited

Disclaimer:
This schedule is subject to change & confirmation from all the participant. Dickenson reserves the right to make modifications anytime before the event.