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.
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