The Karnataka Chapter
of National Real Estate Development Council “NAREDCO Karnataka” is
all head up for NAREDCO 14th National Convention to be held in New Delhi on August
28 & 29, 2017. The 2 days
convention will represent Karnataka Realty Sector; and will help take the
provincial real estate sector on the national Diaspora. Strategic partnership
with real estate and allied industries in rest of India, cross pollination of
knowledge, resources, and personnel are the conventions key ingredients.
The theme of this year’s Convention is “India
Real Estate– Unfolding the new era of growth.” Against this backdrop,
NAREDCO Karnataka chapter will explore various issues including transforming of
Smart Cities & development of its real estate sector post-GST & RERA.
The 2 days National Convention will witness Bureaucrats, Policy Makers,
Experts, Leaders, Real Estate and Private Equity Players all under one roof.
Addressing the press
conference organized to announce NAREDCO’s 14th National Convention,
Shakuntala Iyer, Chairperson, NAREDCO Karnataka said, “The time is
just perfect for the real estate vertical owing to the favorable climate and
noteworthy developments. Despite the fact that Post demonetization energies
went low, the implementation of the Real Estate (Regulation and Development)
Act and the Goods and Services Tax (GST) has infused a new zeal in this sector.
This convention will bring forth a lot of ideas and inputs from national and
international experts for re-strategising and accelerate business growth.
The state being a part of the signature event would facilitate increased
insight and enthusiasm for the sector”.
Manoj Lodha,
President, NAREDCO Karnataka said, “Real estate sector is one of the important sectors
for every state and for the country as a whole, as it plays a vital role in
India’s and state’s economy. With its multiplier effect, it has tremendous
potential to drive the overall economic growth. It generates employment and its
linkages with ancillary industries such as steel, paint, cement etc. make it an
important sector. This national convention will give the common platform to
International & National real estate players to exchange new technology
ideas and open investment opportunities in the state like Karnataka which has 7
Smart Cities i.e. Bangalore, Belagavi, Davanagere, Hubli-Dharwad, Mangaluru,
Shivamogga & Tumakuru.
Along with the
National Convention, an exhibition to display new properties, technologies,
products and materials for the benefit of the participants will also be
organized at the same venue.
NAREDCO and its state
chapters work in close coordination with central and various state governments
to achieve its objectives, that is, promotion of housing and real estate sector
in India and inculcate transparency and accountability for the benefit of the
customers.
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