Receive an unparalleled grounding for a thriving career in the real estate industry. Facilitated by an unmatched curriculum, education at the School of Real Estate and Facilities Management (SREFM) lets you create and manage sustainable built environments both locally and globally.
Through quality teaching-learning processes and research, the School of Real Estate and Facilities Management aims to develop highly qualified and committed new-generation professionals equipped with comprehensive domain knowledge and the necessary techno-managerial and research skills. The school graduates would serve as leaders in creating and managing sustainable built environments in India and globally through excellence in skills, knowledge, behaviour and capabilities.
The School of Real Estate and Facilities Management will achieve its vision
by
Imparting innovative and community focused-education to
train new-generation professionals competent in immensely complex and challenging built
environments in the present context.
Serving communities and improving quality of life through
creative and pioneering practical solutions and research in the built environment..
Becoming a Centre of Excellence in Real Estate and
Infrastructure guided by the principles of sustainability and resilience.
Inculcating professional ethics, values and
entrepreneurial attitude addressing the needs of industry and society.
Experience a one-of-a-kind program that develops your core competencies in real estate and urban infrastructure management.
Address the complex and changing needs of urban spaces with this MBA program.

The Post Graduate Diploma in Asset and Facilities Management (PGD AFM) is a one-year, full-time programme designed to equip professionals with the strategic and operational expertise needed to thrive in one of India's fastest-growing sectors.

Dr. Sagar Malsane holds a PhD in the area of Building Information Modelling (BIM) (Northumbria University, UK), and a Post Graduate Degree in Construction Management (Loughborough University, UK). Sagar received a Ph.D. Studentship Funding from Northumbria University. Further, his research focuses on areas like Critical factors for the uptake of BIM, Usability analysis of BIM 4D, Identification of Critical Challenges for Drone Adoption, etc. Sagar recently conceptualized the Centre for Digital Construction at NICMAR University, Pune.
Prof. Kiran Nalawade is a Professor of Practice at the School of Real Estate and Facilities Management, NICMAR University, Pune, and serves as the Programme Coordinator for the Post Graduate Diploma in Asset and Facilities Management (PGD AFM). He is a Project Management Professional (PMP) certified by PMI and brings over 17 years of industry experience in construction project management. He holds a B.E. in Civil Engineering and a postgraduate qualification in Construction Project Management. In his administrative role, he coordinates programme implementation, industry-linked internships, and academic mentoring, ensuring alignment with current industry practices and standards.
Dr. Rajni Kant Rajhans is an associate professor at NICMAR Business School. He teaches Financial Management, Project Appraisal, Project Finance, Risk Management, and Valuation related courses. He was awarded Teaching Excellence Award at NICMAR in 2019. Dr. Rajhans’s research interests are in Corporate Finance, Valuation, and Green Finance. He is on the editorial advisory board of the Emerging Market Case Studies, Emerald Publication.
Dr.Komal Handore holds a Bachelor’s degree in Planning from Government College of Engineering Pune and a postgraduate degree in Urban and Rural Planning from IIT Roorkee.
She completed her Doctoral degree from IIT Roorkee as well. Dr. Handore specialises in the areas of Urban Planning, Planning Techniques, Smart Cities, Inclusive Cities, GIS and Remote Sensing.
She is an urban planning professional with a B.Arch from VNIT, Nagpur an M.Plan in Urban and Regional Planning from CEPT, Ahmedabad and a PhD from Pune University (COEP). She has been actively involved in academia, research, and consultancy since 2012. Her expertise lies in the landuse-transport-real estate continuum, infrastructure development, urban governance and GIS application for the same. Her ultimate goal is to enhance the Quality of Life in Indian cities through impactful initiatives.
Priyanka holds professional experience in the disciplines of Urban Planning and Architecture spanning over 10 years. A GATE scholarship awardee, she holds a Bachelor’s in Architecture and a postgraduate degree in City Planning from the Department of Architecture and Planning at the Indian Institute of Technology Kharagpur, West Bengal. She teaches courses in Urban Planning, Real Estate Development and Project Management. Her research encompasses Energy Planning for Urban Areas and Mega Cities, Transportation Planning and Electric Mobility and Sustainable Development. She is pursuing her doctoral studies from the Department of Energy and Environment at Symbiosis Institute of International Business (Symbiosis International )Deemed) University). She has been awarded the Teaching in Excellence award in 2019 and Best Teaching Practices Award in 2023. She is well versed with execution of professional projects in Architecture, Urban Planning and Renewable Energy field.
Dr. Rahul Deshpande graduated with Bachelors in Civil Engineering from Visvesvaraya National Institute of Technology (VNIT Nagpur) and earned his Masters and Ph.D. degree in Transportation Engineering from University of Massachusetts, Lowell USA. His areas of research interest are traffic engineering, transportation planning, urban mobility, project management and sustainable infrastructure development.
Dr Ramakrishna Nallathiga holds undergraduate, post-graduate and research master’s degrees in Civil Engineering, Planning and Land Economy (UK). He has fourteen years’ work experience in the areas of urban/ environmental planning, policy, governance reforms and management. He teaches the courses that broadly fall in real estate, urban infrastructure, applied economics and planning. His current research interests are in urban infrastructure service delivery, urban finance/ governance, real estate/property markets and valuation.
Dr. Sagar Malsane holds a PhD in the area of Building Information Modelling (BIM) (Northumbria University, UK), and a Post Graduate Degree in Construction Management (Loughborough University, UK). Sagar received a Ph.D. Studentship Funding from Northumbria University. Further, his research focuses on areas like Critical factors for the uptake of BIM, Usability analysis of BIM 4D, Identification of Critical Challenges for Drone Adoption, etc. Sagar recently conceptualized the Centre for Digital Construction at NICMAR University, Pune.
REUIM program in the third semester has a two-credit (30 hours) elective
called ‘International Real Estate’. The objective of the elective is to
expose students to global practices. For the same, a tour to UAE was
conducted from 7th December 2025 to 13th December 2025. The engagements
in the form of meetings and site visits were facilitated by University
of Denver. This visit was titled the Global Immersion Program, in which
18 students, including those from the MBA Real Estate and Urban
Infrastructure Management program at NICMAR University, the Burns School
of Real Estate at the University of Denver, and real estate students
from Liverpool John Moores University, participated. The program served
as an excellent arena for collaborative learning and international
exposure. The students visited in various discussions and site visits In
Abu Dhabi Investment Authority, Arabian Coast construction company,
Axeed HDQ visit- startup Incubation ecosystem, Heroit -Watt University.
The same was also conducted last year in 2024.
Learning Outcomes: See real world real estate and infrastructure
projects; Understand the practical aspects of real estate and
infrastructure projects; Understand the conceptualization, project
development and implementation process of real projects; Document the
details of various aspects of related to the development of real estate
projects; Analyse and comprehend the challenges of implanting real
estate and infrastructure projects.





As part of Social Immersion, the MBA Real Estate and Urban Infrastructure Management Students of NICMAR University visited Janwadi and Padal Vasti of Pune and interacted with the residents. Slums are the glaring proof of the housing crisis in urban India, where a segment of our society is marginalised and forced to live in compromised conditions of poor ventilation, unsafe structures, and poor sanitation. As future real estate professionals, the interaction with the residents and observation through the transect walk sensitised the students about the societal role they should play towards addressing the housing crisis. Students took in the passion and belongingness of the community that prevails despite their living conditions, and it was a humbling experience to look into the lives of this section of our society.








The MBA Real Estate and Urban Infrastructure Management students were involved in developing a real estate project proposal for live sites in Pune as a part of their curriculum in semester II. A site was facilitated by Balaji Group, a renowned real estate developer in Pune and we are thankful to Mr Akash Chitodkar, Management Director, Balaji Group for this collaboration. The students conducted market assessments, designed product mixes, developed a business plan, and performed feasibility studies as part of their proposal. The proposals were presented to industry expert panel of Real Estate Business Development Mr Rajnish Kumar and Mr Amitkumar Jadhav as well as expert from Balaji group Mr Karan Sharma. They interacted with the students and gave valuable inputs on their work and appraised them with industry practices. Such industry collaboration goes a long way in shaping students' career to become industry ready Real Estate professionals.

The School of Real Estate & Facilities Management at NICMAR University,
Pune, on the onset of its upcoming one-year PGD Course in Asset &
Facilities Management, successfully hosted the ‘Industry–Academia
Symposium on Asset & Facilities Management Insights’. This symposium
brought together Leading Industry Professionals with vast experience
from diverse sectors in the AFM industry for an engaging exchange on the
evolving landscape in this segment.
Key discussions focused on Brainstorming the Curriculum - highlighting
the essential contents, latest technology trends in enhancing asset
performance. Industry leaders emphasized the critical role of
internships in preparing students to become industry-ready
professionals, ensuring hands-on exposure and practical learning.
Sustainability and ESG integration emerged as central priorities, with
experts emphasizing the importance of environmentally responsible and
socially aligned operational strategies.
A significant theme across the event was the evolving skill requirements
for professionals, stressing the need for a blend of technical
expertise, managerial capability, and digital proficiency. The symposium
further underscored the importance of strong industry–academia
collaboration to align educational programs with market needs. The
experts expressed optimism about the rising opportunities in the AFM
domain and appreciated NICMAR University’s commitment to nurturing
talent and shaping future-ready professionals in the industry.
The first-year MBA students in Real Estate and Urban Infrastructure
Management from the School of Real Estate and Facilities Management
undertook an academic site visit to two landmark real estate
developments in Pune: Magarpatta City and One Residences by Mantra
Properties. The visit was organised as part of the practice-oriented
learning component of the programme. At Magarpatta City, students were
introduced to an integrated township model where land pooling, phasing,
and long-term asset management have been strategically planned. The
session focused on how project phasing is aligned with market absorption
and cash flows, enabling the financially viable implementation of
projects over multiple stages. Students observed how site planning
influences circulation patterns, open spaces, amenity distribution, and
overall liveability. The discussion also touched upon governance and
maintenance arrangements within a large township framework.
The second part of the visit, at One Residences by Mantra Properties,
introduced students to a contemporary residential project featuring a
diverse product mix and distinct market positioning. Here, attention was
drawn to unit layouts, configuration choices, and amenity planning, as
well as how these elements respond to specific target segments and
current market trends. Students were encouraged to critically relate
these design and product decisions to concepts discussed in class, such
as positioning, absorption, and value creation.
The session at Magarpatta City was moderated by Mr. Vikas Shitole, Vice
President (Construction), Magarpatta Township Development and
Construction Co. Ltd., Pune. The interaction at One Residences was led
by Mr. Amitkumar Jadhav, General Manager of Land Acquisition at Mantra
Properties. Their inputs gave students a practitioner’s perspective on
regulatory processes, risk management, and execution challenges, thereby
reinforcing classroom learning with field-based examples.
Spend the day soaking in the vibe. Take a guided stroll through the hotspots. See how well you fit in.
Schedule your visit