The importance of Real Estate is often understated in terms of economic, social and individual contexts. Real estate is a critical driver of wealth creation, employment, development and sustainability. Dhaval Ajmera, the Director of Ajmera Realty & Infra India Ltd., is a second-generation entrepreneur who joined the Ajmera Group in 2003 and has over 20 years of experience in spearheading Real Estate Business and innovation across the globe. Under his leadership, Ajmera Realty has delivered over 45,000 apartments and plays a significant role in affordable housing and urban development. On this episode of Happy Hour with FinCocktail, our Co-Managing Partner Niyati Thaker engages in a candid conversation with the guest about the Real Estate Business and Family Legacy, its importance in the current market, sustainability and contribution to the economy along with financial implications. Join us in this engaging session to understand the Real Estate Market, Buying New Homes, Personal Finance, value of passion and some valuable advice for people wanting to invest in Real Estate. Share this with your friends and do leave us a comment with your thoughts! #realestate #realestateinvesting #realestatetips #realestateinvestment ---------------------------------------------------------------------------------------- 0:00 - Sneak Peek! 1:11 - Intro 1:54 - Story of his Business Growth 4:10 - Pros and Cons of Generational Family Business 7:15 - Scale of Real Estate Business 11:05 - Movement of Real Estate Market 12:54 - Importance of Real Estate in Today's Generation 15:55 - Advice for People in 30s Wanting to Buy First Home 17:47 - Buying vs Renting 20:35 - Other Businesses 24:13 - Sustainability Factor in Business 26:51 - Benefits of Real Estate Regulations 30:00 - Managing Mindsets Across 3 Generations of Business 33:50 - Thoughts on MBA and Formal Education 38:11 - Role as Honorary Secretary of CREDAI-MCHI 41:46 - Personal Finance and Portfolio 44:28 - Personal Life, Health and Passion 51:40 - Outro ______________________________________ Disclaimer Financial products and instruments are subject to market risks and yields may fluctuate depending on various factors affecting the markets. There is no assurance or guarantee that the objectives of a portfolio will be achieved. Please refer to the relevant Disclosure Document and Client Agreement pertaining to a Portfolio scheme for portfolio specific risk factors. The Portfolio Manager and its affiliates, and any of its officers directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. About FinCocktail: FinCocktail by Sayali Rai & Niyati Thaker is a one-stop shop for all your questions about personal finance. It was created to help young Indians understand and embrace their personal finances. It aims to become a source of inspiration to all who want to take charge of their financial futures. This season on the Happy Hour with FinCocktail Sayali & Niyati are on a mission to find out more about the journey of money. See how money flows through the system and in and out of our lives! Handling money is not easy, but it can be made simple if you get to know your money and its workings. Building wealth is something everyone should be capable of. It's more of an art than a science and a skill that everyone can master. Let them bring you real stories from real people who have been managing their own money for a while, so you can see how different avenues exist to generate wealth and reach your dream goals! So listen on and let's build some wealth together!