Alumni News
Founding Batch Reunion 2024: Celebrating Bonds that Last a Lifetime
On November 19, 2024, the Alumni Office at IIM Bangalore hosted an unforgettable reunion for the PGP Batch of 1976, marking nearly five decades of camaraderie and success. The event was graced by IIMB Director Prof. Rishikesha Krishnan and Prof. Sourav Mukherji, Dean of Alumni Relations & Development, who engaged with the alumni in meaningful discussions about their journey and their impact on the Institute.
The day began with warm welcomes, a memorabilia collection, and a hearty breakfast at the MDC. A campus tour followed, allowing the alumni to relive their cherished memories. Thought-provoking interactions with the Director and faculty added depth to the event, culminating in a group photo to commemorate the occasion.
Post-lunch, the batch visited IIMB’s Jigani campus, enjoying a tour of the new facilities and a delightful high tea. The reunion concluded with a highly engaging student interaction session, where pearls of wisdom like “Professional success often comes not just from knowledge but from managing ignorance” left a lasting impact.
This reunion was more than an event; it was a celebration of shared history, friendships, and the enduring spirit of the IIMB family.
IIM Bangalore Launches India’s First Scientific Commercial Rental Index
The Real Estate Research Group at IIM Bangalore, in collaboration with CRE Matrix, successfully unveiled India’s first scientific, model-based commercial rental index on November 29, 2024, at an exclusive event on campus. This groundbreaking index provides invaluable insights into the Indian office market, serving as a critical tool for developers, REITs, and tenants.
The index, designed to track market trends over time, captures historical, current, and predictive data, offering a comprehensive view of Grade A and A+ office rentals across 10 major cities. Developed under the expert guidance of Prof. Soudeep Deb (Decision Sciences) and Prof. Venkatesh Panchapagesan (Finance & Accounting), the index is the result of extensive research by IIMB doctoral student Kapil Gupta. It spans from Q1 2012, with an initial index value of 100, to Q3 2024, providing over a decade of actionable insights.
This initiative marked a significant milestone in the Indian real estate sector, promoting transparency and enabling data-driven decision-making for stakeholders in the office market.