Precedent to the 2nd annual convention of the NAR – India 2010, ‘MARG Group’ was the main sponsor; the event was held at The Radisson Resort Temple Bay, Mamallapuram, Chennai, on July 16 and 17. At this juncture MARG Group is privileged to spread the message about NAR – India and its activities for a healthy business module of this prestigious real estate sector.
National Association of Realtors – India has been set up for the public good, providing quality service, ensuring consumer satisfaction, creating credibility in the industry and facilitating profits for the practitioners. NAR – India targets to streamline and promote the profession of real estate brokerage in India so that we achieve transparency, accountability, fair dealing and ethical practices for overall good governance in the industry. It has been registered in June 2007, as a non-profit society under the Societies Registration Act of India.
The Objectives Of NAR-INDIA
To streamline and promote the profession of real estate brokerage in India.
To achieve transparency, accountability, fair dealing and ethical practices for overall good governance.
To create customer orientation in the industry.
NAR-INDIA members encompass all parts of the country. NAR-INDIA members are the city level associations of Realtors located in various cities of India. The key benefits of acquiring NAR-INDIA membership are :
Beneficiary of a credible image of the realtor profession in India.
National and International level business networking opportunities.
Consumer recognition in local as well as global markets.
Networking opportunities with other fellow real estate practitioners across India and affiliates across the world.
Platform for lobbying with Governments for benefit of the profession.
Opportunity for skill up gradation through various education program, seminar & conventions on a continuing basis.
Access to accepted standard procedures, practices and products.
Platform for grievance, redressal and conflict resolution.
Access to the globally recognized REALTOR® logo.
NAR-India Is Conducting The Following Major Activities
Providing access to skills, education and best practices.
Acting as a common voice of the brokerage community.
Conducting conferences, events, exhibitions, lectures etc.
Establishing bilateral and multilateral relationships.
Undertaking market research and disseminate information.
Lobbying with Governments at national, state and local levels.
Ensuring that every member subscribes and follows the code of ethics.
NAR-INDIA Members
AHMEDABAD – Ahmedabad Realtors Association (ARA)
BANGALORE – Bangalore Realtors Association – India (BRAI)
CHENNAI – Chennai Real Estate Agents Association (CREAA)
DELHI NCR – Association of Property Professionals Delhi NCR (APP)
HYDERABAD – Andhra Pradesh Realtors Association (APRA)
KOLKATA – Realtors & Estate Consultants Association of Kolkata (RECA)
MUMBAI – The Association of Real Estate Agents (AREA Group)
NAR-India Is The Credible Voice Of Realtors In India.
Real estate in India makes an enormous contribution to development of the economy, national growth and GDP. Real estate has forward and backward linkages with over one hundred and sixty five industries and is the largest employment generator, perhaps only after agriculture. However, despite the significance of this industry, it has always remained a much disorganized one. Whilst the building materials, construction equipment, finance and builder segment of the industry have fairly improved their business practices and a reasonably good degree of professionalism has come about, the transaction processes continue to remain by and large backward and in need of urgent reform.
Key Takeaways Of The 2nd Convention By NAR – India
After the first National Association of Realtors (NAR)-India convention that was held at Pune on the 6th and 7th March 2009, the 2nd annual convention of the NAR – India 2010 was held at The Radisson Resort Temple Bay, Mamallapuram, Chennai, on July 16 and 17. The first National Association of Realtors (NAR)-India convention was attended by 300 realtors and 50 developers from all over India, the response for the second National Association of Realtors (NAR)-India convention 2010 was far above the ground. It sensed the need to introduce the best international standard operating procedures in the Indian real estate sector. It also intended in advocating the code of ethics and fair practice amongst the Indian realtors, equally foster better insights among the stakeholders of real estate business.
National Association of Realtors India (NAR India) delegates visited MARG Swarnabhoomi at the end of the first day of the NAR India Second Annual Conference. The 1000 acre land which never failed to impress visitors, did indeed left a mark on the delegates.
Oscar Braganza, Executive Director, Marg Group greeted the NAR India delegates on their arrival.
The delegates arrived at MARG Swarnabhoomi in the deluxe buses arranged by MARG, the climate joined MARG Executives in giving a pleasant welcome to the visitors. Being from the field of Real Estate, they were able to understand the vision behind the Special Economic Zone (SEZ) at Swarnabhoomi and its unique value propositions and the potential value it holds.
Soon, a second batch of buses and cars reach MARG and the delegates were guided by MARG executives. The NAR India delegates were shown around an exhibit that housed information on the projects MARG is handling. The realtors were truly impressed by the quality of the projects and the unique advantages. Totally around 600 delegates who came to MARG Swarnabhoomi.
MARG, in an effort to make Swarnabhoomi a green heaven organized tree planting involving the NAR India Delegates. All of them eagerly participated in it and felt satisfied at doing something for the nature. These trees also serve as a memory, when they visit the campus in future.
After this, they were shown around the residential apartments- MARG Navratna and MARG Utsav. The delegates checked out the model apartments and found that this was like a dream come true home that has all the facilities. It was a great pleasure for us to hear this all from people in the field of real estate. SEZ campus also drew their attention.
MARG Properties is very happy to be the main sponsor of the Second Annual Convention of the National Association of Realtors in India (NAR INDIA). The 2 day event that began today was a grand success. The convention happened a bit away from the hustle bustle of the city at the Radisson Resort Temple Bay in a beautiful place called Mamallapuram. With powerful and influential big shots from the industry, the whole place vibrated with power and positive energy.
After an impressive keynote address by Mr.G.R.K Reddy, the Chairman and Director of MARG Group, Chennai Real Estate Agents Association released its souvenir. The seminar sessions were all really impressive. A wide range of interesting topics were covered. Some of them were- Chennai – The Next Real Estate Investment, Modern Retail Practices, Trends in Real Estate Industry, Key legal Aspects of a Real Estate Transaction, Private Equity in Indian Real Estate.
Here is a list of some of the impressive speakers who kept the audience glued to their seat with their involving oration- Mr. Jayant Hemdev (Co-Chairman – NAR Convention 2010), Mr. T. Chitty Babu (Chairman – True Value Homes), Mr. Irfan Razack (Chairman and MD of the Prestige Group), Mr. R. Kumar (Managing Director of Navin’s Housing), Mr. Ramesh Subramaniam (President of Sri City) and Mr. Hari Aiyar (Chairman and Managing Director of Old Lane India).
All in all, it was a very useful, interesting and impressive convention for all those who attended, thanks to the sponsors like MARG Properties who with all their positive spirit made it possible. If you are interested, do attend the day two of the event that happens tomorrow.
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