Over 1000 delegates comprising both national and international attendees convened at The Sheraton Grand, Whitefield for the Government of Karnataka endorsed NAR-India 10th Annual Convention 2018. The convention was hosted by the Bangalore Realtors Association - India (BRA-I) Mr. Pravin Phase President NAR-India, Mr. Syed Naseer Hussain, Member of Parliament Rajya Sabha, Mr. Irfan Razack, CMD Prestige Group, Mr. Ayub Khan, Secretary NAR- India, Mr. Farook Mahmood, Founder President & Vice Chairman NAR- India and Mr. Ravi Verma, Chairman NAR-India inaugurated NAR - India 10th Annual Convention 2018 today.The delegates at the convention included a rich mix of investors, equity funds, financial institutions, chartered accountants, developers, legal professionals, corporate real estate heads, venture capitalists, real estate professionals, project and facility managers, architects, valuers, realtors and other stakeholders.The international investors affiliated to NAR-India promoted Bengaluru as a global investment destination. Leading international panelists participated in panel discussions, across the two days providing an insight into the global perspective on investing in Bengaluru.
The two-day event was packed with engaging and informative activities such as:
Promotional booths by leading developers/sponsors
Speaking at the NAR-India 10th Annual Convention, Mr. Farook Mahmood, Founder and Managing Director, Silverline Realty, Bengaluru and Founder President and Vice Chairman, NAR-India; said, “The Indian real estate sector is the country’s second largest employer and is slated to grow at 30 per cent over the next decade. Bengaluru is expected to be the most favored property investment destination for NRIs, followed by other cities. It is important that developers work on creating a Happy City – one that creates a favourable environment for residence and employment, on a large scale, to ensure that return on investments as well as demand, remain constant. There are several ways to do that and this forum of the NAR-India 10th Annual Convention is one such where multi-stakeholders can get together and discuss how this goal can be achieved”.
NAR-India is the apex body of Realtors in India, currently having 46 city Associations of Realtors across India collectively having over 50,000 Members who are market leaders in the industry. NAR-India being the credible voice of Realtors in the country has contributed to make the Government of India (GOI) comprehend the role and function of the Realtor in this industry. The new regulatory environment will provide a good opportunity for members to emphasize the difference between well educated, well trained realtors and the uninformed man on the street who also sells real estate. NAR-India had been consulted by the GOI in formulation of the Real Estate Regulatory Bill. NAR-India has always advocated licensing of the Realtor profession and the discipline it will bring to Members/Realtors in our industry. NAR-INDIA, the only National level organization of Realtors, with a Code of Conduct and Ethics, aims at elevating the standards of practice of the Real Estate Brokerage Business to a global level where Ethics, Transparency, Accountability, Rule of Law and Good Governance prevail.