The IFM industry in India is expected to grow at around 17 per cent to cross US$19 billion mark in the next five years. The organised IFM sector is set to flourish with increasing acceptance of outsourcing non-core activities, growth in demand from commercial and industrial customers to deliver superior lifestyle experiences to end-users, and the government’s push for smart cities. In a collaborative initiative, Embassy Services (ESPL) and Nucleus Office Parks presented a business conference for Integrated Facility Management (IFM) sector called Mastermind 2020 - “Changing landscape of Property Management Services”.  The debuting Think Tank took place at the Trident in Mumbai. This powerful conglomerate of experienced companies met to discuss the booming industry sector which manages the biggest infrastructure of the country. The industry gurus discussed the scope of growth for the sector and innovative solutions that make the day to day operation of large properties like office parks smoother and hassle-free.The other companies present for the event were KPMG, Nexus Mall, Pavillion Mall, Westend Mall, Blackstone and CBRE. The first session of Mastermind 2020 witnessed industry leaders like Pradeep Lala, CEO and Managing Director, ESPL; Quaiser Parvez, CEO, Nucleus Office Parks; Vikram Garg, Managing Director, Blackstone; Chintan Patel, National Head-Building, Construction & Real Estate; and Aneesh Kadyan, Executive Director- Head PM Ops, CBRE, among others. The agenda of the conference included market trends and new solutions, technology intervention in the modern workplace, innovation-led efficiency programme for enhancing client experiences. Embassy Services aimed at introducing this knowledge sharing and collaborative platform under their main motives to Ignite, Share and Ascend. Let us hope that this collective resource of vision and experience will problem solve all real estate needs.

Pradeep Lala said, “Master Mind '2020 is a novel initiative focussed on collaboration via knowledge sharing between us today. The brainstorming and discussions with diverse experiences will lead to future growth for all our clients and stakeholders.”

Embassy Services is a multi-faceted company that was founded in 1993, delivering end-to-end Integrated Facility Management services to over 150 clients, covering 70+ million sq ft of space, across 12 states in India. Embassy Services has a PAN-India presence covering real estate portfolio spectrum of commercial, residential, industrial, co-working, retail, hospitality, and other properties giving them a unique advantage of having a reservoir of deep technical knowledge to cater to most requirements. These trusted leaders of IFM are committed to delivering operational efficiency, environmental sustainability and engaging experiences. Embassy Services invests in the right talent to achieve sustainable goals through four pillars – client, people, infrastructures and communities. These pillars create innovative and forward-thinking solutions for a better tomorrow and help businesses in implementing sustainable initiatives using various methodologies in the properties managed by them. Embassy Services provides a range of services for all verticals of real estate including energy management, water management, transport management as well as environment, health, safety and security services. They work closely with the clients to implement solutions that improve the efficiency of energy, water and other resource management.