Monday, November 25, 2013

The 5th edition of The Real Estate Congress by Franchise India

The biggest realty show of India, The Real Estate Congress, organised by Franchise India, brought to a close its 5th Edition on 19th November, 2013 at Hotel Lalit. Over fifty realty experts shared their insights and discoursed on the future of the Real Estate industry thus enlightening and inspiring the accomplices and participants. Besides, the event also felicitated the best in the industry through the Annual awards ceremony encompassing thirty different categories.

The key speakers of the Industry saw veterans like Dr Sudhir Krishna, IAS, Secretary, Ministry of Urban Development, Govt. of India, PN Misra, MD, Ansal API, Ajay Agarwal, Director, Microtek Infrastructures Pvt. Ltd., Prashant Solomon, MD, Chintels, Getamber Anand, Chairman, ATS group, Anil Kumar Sharma, Chairman, Amrapali Group, Manoj Gaur, MD, Gaursons India, Sandeep Katiyar, CEO, Century 2, Vikas Gupta, Joint MD, Earth Infrastructure Pvt. Ltd, Sam Chopra, Chairman & Founder, RE/MAX, Deepak Kapoor, Director, Gulshan Homz, Ananta Raghuvanshi, Executive Director, DLF Universal Limited, Ajay Yadav, Chairman, AIBPL and Sanjiv Bajaj, MD, Bajaj Capital. These industry specialists spoke about the emerging trends and business practices as well as how to network & make strategic deals.

Various business fraternities like Developers & Real Estate Companies; Building Construction Manufacturers; Real Estate Service Providers; Leading Brokers & Agents; Fund/Asset managers; Consultants & Advisors; Finance Companies & Investors and Lawyers & Accountants formalised the event with their presence. The topics for the Panel discussion were very relevant and insightful with inaugural sessions like New Economics of North Indian Real Estate, followed by a session on Consumer Insights - Developer & Agent is not the King and concluded with a significant session on Professionalism in Real Estate - The 5Ps of Growth.

Gaurav Marya, Chairman Franchise India commented, "The Realty sector is now moving towards the next level with the release of the realty regulatory bill this year. The sector now has a watch dog and a Regulatory Authority for the housing sector, primarily towards protecting consumer interests. Therefore the 5th cycle of the Estate Summit 2013 conference will be focussed on the movement in the marketplace and take us back to basics on why real estate is still rooted in fundamental principles."

The event was a great opportunity to get a 360 degree perspective on trends, strategies, risks, and opportunities in real estate and know the new age real estate business model. It also helped distinguish the demand drivers and avenues for employment and know the innovation in Building Construction systems to optimise productivity. It was a learning opportunity on how to expand the business volume, generate greater revenue and recognise the redefining trends in the market. The key issues in fund raising and lender expectations were discussed while new revenue streams were identified. The summit clearly explored and helped gauging where the real estate industry which is one of the most dominant sectors in not only India but also the economy of the world, stands today.