With the meteoritic growth in real estate sector during last few years, the property and real estate business also became more complex in structure and more international in scope, which created the shortage of trained real estate professionals. Then, the industry recognised the need for specialised real estate education. Also presently, at the taking off stage when real estate in India has again started moving up, Indian real estate requires people who have very strong professional skills across the spectrum of property business, for example, the property and real estate business in India today requires not a sales manager who has experience of selling everything but a sales manager who has studied real estate and is therefore expert in selling properties.
Infact, the Indian real estate industry leaders including top real estate developers, multinational real estate consultants, housing finance institutions etc have repeatedly aired their concern at the total absence of courses in real estate in India. Infact, there is no system of real estate education in India, which is visibly affecting the quality of human resources available to the Indian property market. Also, though real estate is one of the largest employers and there are thousands of vacancies at different levels and in different areas, developers are forced to spend huge time and money on selecting and training candidates from other sectors. Moreover, once trained, these people leave immediately for other opportunities and therefore the cycle of spending time and money on recruiting and training candidates from other sector continues for the developer.
In view of the above situation, IDS National Institute of Real Estate Management (IDS NIREM), www.nirem.org, has launched a one-year distance learning Post Graduate Diploma Program in Real Estate Sales & Agency Management (PGD-RESAM). This is the first such specialised real estate sales & marketing course offered in the country. Property market analysts also attribute launch of this specialised courses to qualitative growth of Indian real estate market and its movement towards next state from the nascent stage.
The course objective is to provide the participants with thorough knowledge and practical skills to plan & execute successful sales & leasing strategies for different types of properties, plan & manage real estate agencies and carry out basic appraisal.
This high impact, industry-driven and employment-oriented program offers both the fresh graduates who intend to pursue a career in real estate and the working professionals, an unequaled educational growth and career advancement opportunity. Further information can be obtained from www.nirem.org
Notes to Editor
About the Institute:
IDS National Institute of Real Estate Management (IDS-NIREM) has been established by 'The Industry Development Society for Real Estate', which is a real estate sector development and promotion body. NIREM is planned as a Centre of Excellence in Real Estate Education, Training, Consulting & Research. The institute is mandated to provide degree, diploma and certificate courses in addition to MDPs, Consulting and Research in different areas of real estate.
In addition to Learning & Capacity Development Initiatives, IDS-NIREM, aims to develop benchmarks for real estate sector, provide with comprehensive market data to end-users, retail & institutional investors and other stakeholders, facilitate simplification of asset acquisition and investment process, promote adoption of international standards including the financial and other disclosure norms, best practices and corporate social responsibilities etc.
IDS National Institute of real estate management is India's first real estate institute that offers courses in real estate in the following areas:
1. Commercial Real Estate
2. Real Estate Finance
3. Real Estate Sales & Agency Management
Apart from the above, Post Graduate Diploma courses in real estate management, development, real estate marketing, real estate finance, real estate investment, valuation & appraisal etc shall be introduced in next few months. These courses are aimed at developing potential candidates for different careers in real estate. A unique feature of IDS National Institute of Real Estate Management is that it provides a platform to start career in real estate to both-the fresh graduates and the experienced professionals already working in real estate and/or allied sectors.
Showing posts with label UP REAL ESTATE. Show all posts
Showing posts with label UP REAL ESTATE. Show all posts
Wednesday, December 16, 2009
Wednesday, December 9, 2009
Expected Regulation Would Encourage Foreign Investment In India
A three year lock in period for developers and foreign investors in the real estate market in India is expected to be scrapped.
The Department of Industrial Policy and Promotion and the Ministry of Commerce and Industry have put forward proposals to get rid of the statutory condition.
Developers and investors have long been critical of the policy saying that it is stifling investment.
Currently foreign investment in housing is subject to certain rules covering capitalization norms and the minimum area to be developed. But it is the fact that the original investment cannot be repatriated for three years from completion that is stifling investment, critics claim.
The government has indicated that it is keen to liberalize the Foreign Direct Investment regime in India.
‘The original restrictions on repatriation were a cautionary measure intended to prevent speculative investments in the real estate sector,’ one official said.
‘However, this sector has been feeling the pressures of the global economic crisis and has desperately been in need of greater capital and liquidity to fund its existing projects and growth,’ he added.
It is considered that a change will boost the real estate sector in India but also create jobs and greater domestic economic activity.
But there are some concerns that the proposed relaxation will result in a fluctuation of realty stocks and thus lead to market volatility.
But supporters say that less restrictions on foreign investments will help the economy overall.
Meanwhile developers in India are relieved that they do not have a lot of links with debt hit Dubai.
DLF, India’s largest real estate company, said plans to enter the Dubai market have now been postponed. ‘Luckily for us the one deal for which we were negotiating fell through,’ said DLF executive director Rajeev Talwar.
DLF was close to finalizing a joint venture with the now troubled Nakheel whose parent company Dubai World is trying to postpone debt payments while it restructures its finances.
Developer Omaxe, which has paid the first installment for buying land for two residential projects in Dubai, is considering pulling out.
‘There has been a slowdown in the Dubai real estate market.
Looking at the current situation, we are considering exiting the two projects,’ said chairman and managing director Rohtas Goel.
Thursday, June 11, 2009
Allahabad City UP witnesses boom in real estate demands
With the culture of individual houses and palatial bungalows waning
fast, the city is adopting the flat culture, which is
considered to be safe, secure and
useful for social activities, especially for the older generation. It is here that the role of Allahabad Development Authority assumes great significance.
Allahabad Development Authority which originated in 1974 was formed under the provision laid by the Uttar Pradesh Urban Planning & Development Act of 1973. ADA development projects began with smaller projects & constructions but soon progressed and changed the city's look with its magnificent works. Uttar Pradesh being one of the most important states of India, politically and hence Allahabad, an important city of the state with long historical and cultural background, attracts a lot of people and tourists from all over the world thereby necessitates the establishment of development authority to overlook planned development of the city.
The development authority aims to fulfil its responsibilities for the development of the city by constructing state-of-the-art infrastructure for its residential and commercial projects in a well planned manner, by adhering to the master plan laid out by the authorities.
ADA also started many housing schemes like Avantika, Kalindipuram, Juhi, Badri, Parivartan, Shantipuram, Nirupma, Agnipath, Ekanki, Devghat, Trivenipuram, Katju, Ambedkar, Dev-Prayagam, Nav-Prayagam, Chandpur Salori, Asdullapur and IDH Compound Housing Scheme. Apart from these, Allahabad Development Authority is also working in conjunction with private builders and developers in order to give a progressive direction to the development process of real estate in Allahabad.
The latest real estate developments in city primarily focus on building hotels, guest houses, Dharmashalas, restaurants, retail shops and other tourists' activity spots. The real estate property prices in city are also mounting as more and more people are heading towards the efficient business opportunities the city offers. For the purchase, sale or renting of any property in Allahabad, you receive full assistance from the property dealers in the city.
fast, the city is adopting the flat culture, which is
considered to be safe, secure and
useful for social activities, especially for the older generation. It is here that the role of Allahabad Development Authority assumes great significance.
Allahabad Development Authority which originated in 1974 was formed under the provision laid by the Uttar Pradesh Urban Planning & Development Act of 1973. ADA development projects began with smaller projects & constructions but soon progressed and changed the city's look with its magnificent works. Uttar Pradesh being one of the most important states of India, politically and hence Allahabad, an important city of the state with long historical and cultural background, attracts a lot of people and tourists from all over the world thereby necessitates the establishment of development authority to overlook planned development of the city.
The development authority aims to fulfil its responsibilities for the development of the city by constructing state-of-the-art infrastructure for its residential and commercial projects in a well planned manner, by adhering to the master plan laid out by the authorities.
ADA also started many housing schemes like Avantika, Kalindipuram, Juhi, Badri, Parivartan, Shantipuram, Nirupma, Agnipath, Ekanki, Devghat, Trivenipuram, Katju, Ambedkar, Dev-Prayagam, Nav-Prayagam, Chandpur Salori, Asdullapur and IDH Compound Housing Scheme. Apart from these, Allahabad Development Authority is also working in conjunction with private builders and developers in order to give a progressive direction to the development process of real estate in Allahabad.
The latest real estate developments in city primarily focus on building hotels, guest houses, Dharmashalas, restaurants, retail shops and other tourists' activity spots. The real estate property prices in city are also mounting as more and more people are heading towards the efficient business opportunities the city offers. For the purchase, sale or renting of any property in Allahabad, you receive full assistance from the property dealers in the city.
Allahabad City UP witnesses boom in real estate demands
With the culture of individual houses and palatial bungalows waning
fast, the city is adopting the flat culture, which is
considered to be safe, secure and
useful for social activities, especially for the older generation. It is here that the role of Allahabad Development Authority assumes great significance.
Allahabad Development Authority which originated in 1974 was formed under the provision laid by the Uttar Pradesh Urban Planning & Development Act of 1973. ADA development projects began with smaller projects & constructions but soon progressed and changed the city's look with its magnificent works. Uttar Pradesh being one of the most important states of India, politically and hence Allahabad, an important city of the state with long historical and cultural background, attracts a lot of people and tourists from all over the world thereby necessitates the establishment of development authority to overlook planned development of the city.
The development authority aims to fulfil its responsibilities for the development of the city by constructing state-of-the-art infrastructure for its residential and commercial projects in a well planned manner, by adhering to the master plan laid out by the authorities.
ADA also started many housing schemes like Avantika, Kalindipuram, Juhi, Badri, Parivartan, Shantipuram, Nirupma, Agnipath, Ekanki, Devghat, Trivenipuram, Katju, Ambedkar, Dev-Prayagam, Nav-Prayagam, Chandpur Salori, Asdullapur and IDH Compound Housing Scheme. Apart from these, Allahabad Development Authority is also working in conjunction with private builders and developers in order to give a progressive direction to the development process of real estate in Allahabad.
The latest real estate developments in city primarily focus on building hotels, guest houses, Dharmashalas, restaurants, retail shops and other tourists' activity spots. The real estate property prices in city are also mounting as more and more people are heading towards the efficient business opportunities the city offers. For the purchase, sale or renting of any property in Allahabad, you receive full assistance from the property dealers in the city.
fast, the city is adopting the flat culture, which is
considered to be safe, secure and
useful for social activities, especially for the older generation. It is here that the role of Allahabad Development Authority assumes great significance.
Allahabad Development Authority which originated in 1974 was formed under the provision laid by the Uttar Pradesh Urban Planning & Development Act of 1973. ADA development projects began with smaller projects & constructions but soon progressed and changed the city's look with its magnificent works. Uttar Pradesh being one of the most important states of India, politically and hence Allahabad, an important city of the state with long historical and cultural background, attracts a lot of people and tourists from all over the world thereby necessitates the establishment of development authority to overlook planned development of the city.
The development authority aims to fulfil its responsibilities for the development of the city by constructing state-of-the-art infrastructure for its residential and commercial projects in a well planned manner, by adhering to the master plan laid out by the authorities.
ADA also started many housing schemes like Avantika, Kalindipuram, Juhi, Badri, Parivartan, Shantipuram, Nirupma, Agnipath, Ekanki, Devghat, Trivenipuram, Katju, Ambedkar, Dev-Prayagam, Nav-Prayagam, Chandpur Salori, Asdullapur and IDH Compound Housing Scheme. Apart from these, Allahabad Development Authority is also working in conjunction with private builders and developers in order to give a progressive direction to the development process of real estate in Allahabad.
The latest real estate developments in city primarily focus on building hotels, guest houses, Dharmashalas, restaurants, retail shops and other tourists' activity spots. The real estate property prices in city are also mounting as more and more people are heading towards the efficient business opportunities the city offers. For the purchase, sale or renting of any property in Allahabad, you receive full assistance from the property dealers in the city.
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