Mysore

Karnataka real estate gears up for ‘NAREDCO’s 13th national convention 2016’

The Mysuru chapter of National Real Estate Development Council (NAREDCO Mysuru) has geared up to represent the real estate sector in the forthcoming 13th National convention to be held in New Delhi on August 19-20.

The two- day convention will serve as an appropriate platform for entire Karnataka realty sector to enter strategic partnership with real estate and allied industries in rest of India. The enterprise will see active cross-border exchange of knowledge, resources.

The convention and exhibition is poised to provide fillip to the India’s real estate sector. The main objective of the convention is to deliberate on the existing real estate scenario and prepare road map for various legislative, regulatory, administrative and financial reforms. The thrust of the convention would be on development of real estate sector, apart from discussing the various aspects associated with the ‘Housing for all by 2022’ scheme of the government

Addressing a press conference organised to announce NAREDCO’s 13th National conference, Manoj Lodha, president, NAREDCO Karnataka, noted, “Given the fact that the government is targeting six crore houses – two crore in urban areas and four crore in rural areas by 2022, with a view to provide housing to all by 2022, build smart cities and rejuvenate urban infrastructure, the convention will provide an opportunity to all stake holders to deliberate the challenges before the sector and evolve strategies to accelerate pace of growth.”

Divyesh N, convener, NAREDCO Mysuru, said “In addition, during the times, when the confidence of stake holders, especially investors, has somewhat dented because of half-hearted and slow policy reforms and sluggish economy, the convention would serve as the right platform to discuss the future of the real estate sector in the country.”

Dynamics, affordable housing

Spread over two days, the sessions of the convention shall focus on the themes including growth of real estate and infrastructure and its various dynamics, affordable housing and the way forward, legal and regulatory framework for the real estate sector, media’s role in development of the nation, relationship between banks and realty sector, evolution of private equity and NBFCs role in Indian real estate sector, innovation in the real estate sector among others. In addition, there will be round table discussions too with prominent personalities at the convention.

The speakers list will include dynamic leaders from the government, academia, real estate industry and financial institutions who have international exposure and fame. Along with the convention, ‘National Real Estate Awards 2016’ to honour meritorious industry players and associates for their outstanding performance, contribution and innovation will also be organised.

In order to further aid in the growth of the real estate sector, an exhibition to display new properties, technologies, products and materials for the benefit of the participants will also be organised at the same venue.

NAREDCO Karnataka

Established in January 2017 which comes under NAREDCO, Karnataka was established and  registered under The Karnataka Societies Registration Act in the year 2014, NAREDCO – KARNATAKA, is an apex state level self-regulatory body, affiliated by NAREDCO. To represent all spheres of enterprises, engaged in various aspects of real estate and infrastructure development. These include land development, layouts, planning, construction of residential, commercial, industrial and institutional buildings/ complexes, development of townships, provision of urban infrastructure (roads, electricity, agriculture, irrigation, drainage, sewerage, water- supply, public transport, tourism and heritage, telecommunication, etc.) and social infrastructure (recreational, educational and medical facilities).

The other allied fields includes architecture, town planning, supply of building materials, hardware and machineries, finance, insurance, marketing and brokerage and finance in infrastructure, real estate and other allied fields and to have a proper dialogue, between private sector and the state government for solving the practical problems and to make government policies more effective, useful and result-oriented.

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