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Future of real estate

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The National Association of Realtors-India (NAR) has signed agreements with global associations dealing with real estate such as ICREA, FIABCI, FNAIM and the MIAMI Board of Realtors.

The 66{+t}{+h}International Convention and European Forum - FNAIM Congress and International Convention and international networking session was recently held at Paris. Delegates from over 25 countries and 3,000 FNAIM members from across France attended the meet. The French Minister for Housing, Cecile Duflot, and the President, FNAIM, Jean-Francois Buet, discussed the problems and challenges faced by the real estate community in France.

The Global Real Estate Think Tank (GRETT) meeting at Paris also included the involvement of real estate professionals for discussions on the development of new metropolises. Representing India were P.S.N. Rao, Chairman, NAR-India, and Farook Mahmood, Founder President, NAR-India and CMD, Silverline Realty. The interactions revolved around issues affecting the future of the profession. GRETT stressed the promotion of best practices as they pertained to global industry. “This is not the creation of a new organisation, but rather bringing together the best minds from existing organisations to discuss timely strategic issues that affect the future of the global organised real estate profession and to bring new ideas to the table, providing organisations an opportunity to be engaged in a dialogue regarding these issues. The stated purpose of this new platform is for an exchange of industry knowledge and experience from which all can benefit,” it said.

A presentation on India and the development of new metropolises worldwide was debated on with the global leaders along with relevant models presented from India, Greater Paris, Russia, China and Saudi Arabia.

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