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The fifth edition of The Economic Times Real Estate Conclave & Awards (ETRECA) 2026 was recently held in Mumbai, bringing together policymakers, developers, investors, and sector experts. Discussions focused on urban redevelopment, housing affordability, changing office space demands, technology adoption, and emerging capital markets. Industry leaders emphasised resident-centric planning, financing reforms, and sustainable urban development as crucial priorities. Following the conclave, the RECA 2026 awards recognised excellence across developers, residential and commercial projects, shared spaces, PropTech innovation, and leadership categories, including Lifetime Achievement and Young Achiever honours.
The Economic Times Real Estate Conclave & Awards (ETRECA) 2026 took place recently in Mumbai, attracting senior policymakers, developers, investors, and industry experts to deliberate on key trends shaping India's property sector. This fifth edition continued its role as a platform for knowledge exchange and recognition of excellence in the sector.
During the full-day event, discussions covered a wide range of topics including housing affordability, urban redevelopment models, sustainable development, the evolving nature of office spaces, capital markets, and technology adoption in real estate operations. Participants highlighted that urban land scarcity, financing gaps, and outdated redevelopment norms are major challenges, and stressed the importance of resident-centric planning, cluster-led redevelopment, and bank-supported financing for inclusive housing solutions.
Experts also examined how housing demand patterns are evolving, with particular attention to tier-1 and tier-2 cities, and how global capability centres are influencing the office leasing market. They discussed the growing role of REITs, private equity, and other funding channels as critical to meeting development requirements in both commercial and residential segments.
The conclave provided a stage to recognise industry achievements through The Economic Times Real Estate Awards (RECA) 2026. Entries underwent rigorous evaluation including independent screening, shortlisting, and jury assessment to ensure credibility. Awards honoured outstanding work in residential, commercial, mixed-use, shared spaces, and PropTech innovation. Leadership categories such as Lifetime Achievement, Woman Achiever, Young Achiever, and Person of the Year recognised individuals driving the sector forward.
Among top recognitions, M R Jaishankar, Executive Chairman of Brigade Group, received the Lifetime Achievement Person of the Year award for his long-term contributions to large-scale real estate development in India. Adani Realty was named Developer of the Year, while Eldeco Infrastructure & Properties received jury recognition in the same category. Individual leadership honours went to Pradeep Aggarwal of Signature Global (India) Ltd., Preeti Chheda of K Raheja Corp Investment Managers for Woman Achiever of the Year, and Karan Virwani, CEO of WeWork India, as Young Achiever of the Year.
Shared workspace brands including WeWork India, Table Space, and Awfis Space Solutions were recognised for excellence in flexible workspaces, while PropTech awards went to Square Yards and HouseEazy. Residential and mixed-use projects from developers such as Godrej Properties, Casagrand, Smartworld, and Rustomjee received accolades. Commercial real estate leaders, including DLF, Mindspace REIT, and Capitaland India, were recognised for notable developments that enhanced urban infrastructure and workplace experiences.
The event underscored the importance of combining innovation, finance, sustainability, and design to meet India's evolving urban and real estate needs. Experts emphasised that adapting to changing market trends, leveraging technology, and adopting modern redevelopment models are essential to creating resilient and future-ready urban spaces.
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