Cultivating a CoLiving Community with Rishi Sreedharan, Co-Founder and CEO of Hyphen

12/29/22 • 39 min

Concrete Conversations - The Indian Real Estate Podcast

As the coliving market regains some vigor after a trying pandemic period, we have with us today Rishi Sreedharan, the Co-Founder and CEO of Hyphen, a community focused CoLiving operator.
Renting a home as a student or young professional in India can be a daunting task. Younger renters, especially in metro cities, are either priced out of suitable accommodation, or on the receiving end of structural problems in Indian rental markets. This gap between demand and supply has historically lead to the proliferation of unregulated PGs and hostels, which many young Indians are forced to rely on, in spite of the lack of standardized quality, safety amenities and often hygiene.

Today, however, things are changing, with the emergence and growth of professionally managed and curated rental options for India’s millennials and Gen Zs, through both student housing, and co-living. Co-living is a community focused residential format giving occupants professionally managed spaces, standardized services, amenities and above all a like-minded community to engage with and belong to.
A civil engineer by education with MBA from the Fuqua School of Business, Rishi worked in REITs and Wealth Management in the USA, before returning to India, where he decided to leverage his industry experience and family legacy to address the need for quality housing options for younger people in India, by founding Hyphen.
Hyphen currently operates across Delhi NCR, Bengaluru and Hyderabad, but aims to expand into new markets and sub-sectors in the near future.
Today, Rishi talks to us about the need for coliving, the range of offerings in the market, and the prospects for the co-living market in India, in the foreseeable future.
So without further ado, get ready for some Concrete Conversations!
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Previous Episode

Constructing a Real Estate Legacy with Joe Albanese, Founder & CEO of Commodore Builders

Joining us today is Mr. Joe Albanese, Founder & CEO of Commodore Builders, a 20-year-old, $550 million Construction Management/General Contracting Firm located in Waltham, Massachusetts, in the USA.
Joe completed his Civil Engineering from UMass Lowell and his MBA from Boston University, and joined the U.S. Navy Civil Engineer Corps early in his career, staying with them until his retirement in September 2009, at the rank of Captain, after 28 years of military service.
In 2018, Joe was appointed by the Governor of Massachusetts as Chief Recovery Officer leading disaster recovery and restorations efforts following the September 13th gas line explosions impacting three municipalities in the Merrimack Valley of Massachusetts.
But what skills make Joe a successful real estate entrepreneur?
What does it take to grow a half a billion dollar real estate enterprise?
Today Joe takes us through his journey with Commodore, highlighting key projects, challenges and experiences that enabled him to weather economic storms and establish a firm that continues to strive for excellence and growth in the years to come.
So without further ado, get ready for some Concrete Conversations!
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Next Episode

Plotting the Future of Residential Real Estate with Mr. Ravindra Pai, Managing Director of Century Real Estate Holdings

Joining us today Mr. Ravindra Pai, Managing Director at Century Real Estate Holdings, a Bangalore based real estate developer.
Real Estate Development is a business that can involve long time horizons, and requires a forward looking strategy when it comes to things like consumer preferences, project planning, finance, and even land acquisition. Each project can take years to plan and execute, and developers often have to have a keen eye for the development trajectory of the markets and cities they operate in.
But how do developers identify areas of high growth for the future?
How do they anticipate the needs of their consumers?
And how are developers today working to create brands that stand apart from the competition?
In today's conversation, Mr. Pai talk about all of this and more.
An alumnus of IIM Bangalore, Mr. Pai gained experience in various fields including software programming and sales with organizations such as Tata Infotech, GE Capital and Oracle, before joining Century Real Estate, his family business, in 2003. Under his leadership, Century has undertaken more than 6 million SqFt of construction and currently has residential projects with a built-up area of around 5 million SqFt, including various themed plotted developments.
Today, Mr. Pai talks to us about the evolving business model of Real Estate development in India, and how he helped transition Century Real Estate’s business from a land aggregation and facilitation model, to that of an integrated real estate solutions provider. He also shares his experiences with other aspects of long term planning as a developer, including land banking, the application of technology and prudent use of debt.