“Adam is I would say, The greatest salesman in the world, and that's what I was, you know, telling you as well, where he had it's one of those few people that you meet, I think, like, in the world where you can feel the energy, like, you know, from having a conversation with him”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Karan Virwani
Opinion
Virwani: Real Estate Supply Cannot Outpace Demand Due to 7-Year Cycles
“It's not physically possible to even just build, you know, that type of capacity where you would, where supply would outpace the demand. So the time it takes to just put up an apartment or like get the approvals and all that is like, you know, five, seven year…”
Karan VirwaniOct 11, 2024▶ 47:10Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
PredictionHeld up
Virwani: Indian REITs will see higher appreciation than US REITs
“India will see higher appreciation, I would say, than foreign REITs, or like, you know, the US REITs and things like that, so.”
Karan VirwaniOct 11, 2024▶ 1:26:47Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
AssertionSupported
Virwani: India is Blackstone's most profitable market outside the US
“India has been very, very successful for them. I think it's been their most profitable market outside of the US.”
Karan VirwaniOct 11, 2024▶ 2:54:33Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
AssertionPartly supported
Virwani: Mercedes builds its complete car interactive system in India
“Mercedes as an example, the entire unit, the entire interactive system in every Mercedes car gets built. You know, out of India.”
Karan VirwaniOct 11, 2024▶ 3:15:03Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
PredictionNot checkable as stated
Karan Virwani: Indian family businesses will transition to professional public enterprises
“India is sort of where, and you know, my dad also says it's like where America maybe was in the eighties or seventies or eighties, where most companies were family businesses. They will slowly transition into, you know, being public. I think your world also ge…”
Karan VirwaniOct 11, 2024▶ 38:30Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
Opinion
Virwani: Single-Asset Fractional Real Estate Carries High Concentration Risk Compared to REITs
“I wouldn't because you're still then limited to one asset versus in a, in an actual REIT. You know, I'm distributed across geographies.”
Karan VirwaniOct 11, 2024▶ 1:32:15Ep. #20 | WTF are Indian Real Estate Giants Up To? Nikhil ft. Irfan, Nirupa, & Karan · Nikhil Kamath
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