For people who are searching properties or even for the real estate investors Indian real estate market has always been a rising sector. Country’s economy is largely dependent on the real estate sale, conceivably after agriculture. Approx 5-6% GDP comes from real estate sector. The demand for commercial/residential real estate properties has been well regulated, accompanied and served by thousands of eminent real estate companies/ realtors/brokers of India.
Over the years real estate industry has improved with its quality of raw materials, supply process, funding and refined the business practices and tenures. The only prospect has been constantly in reverse is the transactional process. Consumers directly deal with brokers and realtors for their property investment; they provide the best counsel, truthful paperwork and perform the negotiation task on the behalf of the buyer. Thus NAR-India (National association of Realtors) suggests Indian real estate market needs to have a well-organized infrastructure to compete with the global standard of real estate market.
Every year NAR-India arranges their annual conventions in order to bring an elevated and global practice standard with more clarity, moral code, liability in the real estate business of India. NAR-India is an independent organization which balances the interests of the realtors/brokers and domestic consumers on the other hand. NAR-India is a rational voice of realtors in India. This year also they have come up with another convention for betterment of Indian real estate industry in which the organization is expecting 1200 (approx) realtors form across the country and about 100 international realtors to be present. According to the chairman of NAR-India Mr. Ravi Varma this year’s convention will be of different objectives emphasizing on-
1. Offering multi-city solution through the members
2. Empowering them through upgraded education and technology and best practices across the world
3. Proper usage of technology to create more customers for themselves and create better services for the customers as well
4. Improving team management and communication skills
5. To have more international property professionals
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By LNN (Liyans News Network)