Desi talk

www.desitalkchicago.com – that’s all you need to know 10 CITY VIEWS May 1, 2026 FIA Chicago’s Holi 2026 Celebration Draws Large Crowd, Highlights Unity And Culture T he Federation of Indian Associations (FIA) Chicago hosted a vibrant Holi celebration April 12 at the Mall of India, bringing together community leaders, performers and families in a colorful display of culture and unity. The event, led by Founder Chairman Sunil Shah along with Presidents Altaf Bukhari and Richa Chand, showcased traditional and con- temporary performances, drawing a diverse audience from across the region. The program opened with remarks from Shah, who welcomed Somnath Ghosh. Ghosh praised FIA’s continued efforts to promote Indi- an heritage in the United States. Local dignitar- ies, including Shweta Baid and Larry Herman, highlighted the importance of cultural events in fostering community connections. Emcees Chand and Munish Kaistha led the program, which featured dance and music performances frommultiple groups, including Suhani Dance Academy, Shirlzaar Dance Academy and Sapphire Dance Group. Vo- calists and performers added to the festive atmosphere, while DJs Mahesh and Sarita maintained high energy throughout the event. A highlight of the celebration was the appearance of Bollywood actor Riya Sen, who presented certificates to performers and recognized com- munity supporters. Sen commended the talent and enthusiasm of participants, noting the strong cultural spirit reflected in the event. Organizers credited the success of the program to a large volunteer base, referred to as the “FIA Rockstar Team,” along with past presidents and community contributors who supported logistics, stage design and coordina- tion. The celebration concluded outdoors with a large ceremonial color display, symbolizing unity and shared heritage. Organizers thanked sponsors and community partners for their support and announced upcoming events, in- cluding a Mother’s Day celebration in May and a larger summer programmarking India’s 80th and the United States’ 250th independence milestones. FIA Chicago officials said the Holi event un- derscored the organization’s mission to preserve cultural traditions while building a strong and inclusive community in the United States. By a StaffWriter FIA Chicago leadership and community members with Somnath Ghosh, Larry Herman and Shweta Baid during the Holi celebration. PHOTOS:FIA Building Bridges: A Decade of Vision & Perseverance-ASARP Hosts Insightful Forum on Design, Sustainability & Wellbeing in Real Estate T he Association of South Asian Real Estate Professionals (ASARP) proudly hosted a dynamic and intellectually enriching event titled “Building Bridges – A Decade of Vi- sion & Perseverance” at the prestigiousWaterford Banquet & Conference Center. The well-attended gathering brought together leading real estate professionals, investors, policymakers, and com- munity stakeholders to explore the rapidly evolv- ing landscape of real estate through the lenses of sustainability, innovation, and human wellbeing. The evening served as both a celebration of ASARP’s decade-long journey and a forward- looking dialogue on the future of the industry. The central theme emphasized a transformative shift— where modern real estate is no longer defined solely by structures and transactions, but by environmen- tal stewardship, wellness-driven design, and intel- ligent, future-ready investment strategies. Inspiring Leadership & Thoughtful Dialogue:The program commenced with a compelling opening address by Ms. Shirin Marvi, Vice Chair of ASARP, who delivered an insightful overview of emerging trends and recent developments shaping the real estate sector. Her remarks set a visionary tone for an evening centered on knowl- edge-sharing and strategic foresight. The event was seamlessly anchored by Ms. Anjali Mohanty, Board Member of ASARP, whose exceptional emceeing ensured a smooth and engaging flow. In recog- nition of her dedication and impactful contribution, she was honored with a special acknowledgment from the association. Adding depth to the discussion, Mr. Nick Verma, Treasurer of ASARP and Chairman of the Commercial Committee at Mainstreet REALTORS®, shared valuable insights into the commercial real estate sector. His analy- sis of current market dynamics, emerging opportunities, and shifting investment patterns resonated strongly with attendees. Financial Innovation & Strategic Insights:A focused presentation by Mr. Anil Punjwani of U.S. Bank provided attendees with a comprehensive overview of financial tools and banking solutions tailored for real estate profes- sionals. His practical guidance added significant value for investors seeking to optimize financing strategies in a competitive market. A highlight of the evening was the keynote master ses- sion by Dr. Vish of HawthorneWorld Group, who deliv- ered a powerful presentation on ESG-driven investments and next-generation green development. His forward- thinking approach outlined high-growth opportunities in sustainable real estate, inspiring participants to align profitability with environmental responsibility. Policy, Tax Strategy & Market Evolution:On the policy and taxation front, Mr. Pradeep B. Shukla, CPA, CCIM, of- fered an in-depth analysis of emerging opportunities un- der the One Big Beautiful Bill Act (OBBBA). He highlight- ed the significant advantages of 100% depreciation when combined with Cost Segregation strategies, enabling investors to unlock immediate tax benefits by accelerating depreciation on qualifying assets. Mr. Shukla also emphasized the strategic role of 1031 exchanges in long-term wealth creation, particularly for generational planning. He noted that beneficiaries benefit from a step-up in basis, effectively eliminating prior depreciation liabilities and creating substantial tax efficien- cies. Further enriching the discussion, he ad- dressed transformative updates fromMid- west Real Estate Data (MRED LLC), including expanded access for non-members and the nationwide evolution of the Private Listing Network (PLN). These developments signal a progressive shift toward greater transparency, accessibility, and collaboration in real estate data sharing across markets. Commitment to Growth & Global Collaboration The event reaffirmed ASARP’s ongoing commitment to professional development and industry leadership. Upcoming initiatives, including a Legal & Professional Updates session in May and participation in the International Real Estate Conference in Hyderabad, were highlighted as part of the association’s mission to foster global collaboration and continuous learning. Acknowledgments & Closing Reflections;The formal vote of thanks was delivered by Mrs. Harsha Shukla, who graciously recognized the contributions of all speakers, organizers, and participants. She also paid special tribute to Board of director and executive committee for his dedicated service and meaningful contributions toward the growth and success of ASARP. The evening concluded with an inspiring message that captured the spirit of the event:“Today is the first day of the rest of our lives. The future is not something we enter—it is something we create. And today, ASARP takes another meaningful step in shaping that future by embracing sustainability and green innovation in real estate development.” By Bhailal M. Patel PHOTOS:ASIAN MEDIA USA Dr Vish of Hawthorne World Group and ASARP Board -Left to Right - Malti Pandhi, Harsha Shukla, SHirin Marvi, Tanvi Gandhi, Anjali Mohanti, Jyothi Pallapothu, Kantibhai Patel, Bhailalbhai M Patel, Dr Vish, Bimal Pandhi, Pradeep B Shukla, Nick Verma.