Seminar on RERA: Concerns in Real Estate Held
Hyderabad: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organized a Seminar on RERA: Concerns in Real Estate at its premises in Federation House in Red Hills in Hyderabad on Saturday.
RERA stands for Real Estate (Regulation and Development) Act is a very significant act enacted by the Government of India.
It has significantly contributed to bringing transparency, accountability and investor confidence in the real estate sector in India.
The complexities, challenges and opportunities presented by RERA require our collective attention and understanding.
RERA is the biggest piece of legislation for Real Estate in India, said Mr Sunil Chandra Reddy, President of NAREDCO Telangana. Real Estate contributes 20% to the economy.
It contributes 800 million US $. By 2047, when India reaches an economy in the range of $33-40 trillion, the real estate as a sector will be 6 trillion US $.
That is why the government also recognizes it as the most important sector, he said.
Abhishek Tibrewala, Chair of FTCCI Infrastructure, Real Estate & Smart Cities Committee said that the seminar was organized to walk through new concerns, challenges and opportunities that RERA has brought in the world of real estate.
It will give an in-depth knowledge about the subject.
E. Suhail Ahmed, Partner M/s Trialbase-Advocates & Smriti Legal LLP, Bengulur gave in-depth information about dos and don’ts, legal positions and familiarized the participants with the law.
Aimed at 250-plus Developers, Real Estate, Agents, Builders, Buyers, Legal Professionals and Industry enthusiasts it focused on navigating the challenges and opportunities surrounding RERA.
It explored insightful discussions and gained a comprehensive new understanding of how RERA impacts the real estate industry added CA Vinay Thyagaraj.
RERA is very significant for the real estate industry for better governance, enhanced transparency, improved project efficiency and a robust and fully developed project delivery. Standardization and quality.
Vijaya Sai Meka, Secretary General of NAREDCO Telangana also participated.
Next Story:
-
Canada Temple Attack: Pawan Kalyan Calls For Action
![Canada Temple Attack: Pawan Kalyan Calls For Action]()
Amaravathi/Hyderabad, Nov 5 (Maxim News): Describing the attack on a Hindu temple in Canada as “more than an isolated incident.” Andhra Pradesh Deputy Chief Minister Pawan Kalyan has said the incident pained him reply and expressed hope that the Canadian government would take necessary steps to ensure the safety of the Hindu community there.
-
Woman Gang-Raped In Hyderabad
![Woman Gang-Raped In Hyderabad]()
Hyderabad, Nov 5 (Maxim News): A woman was gang-raped by thugs in Maduranagar area of the city. The victim complained to the police that three youths raped her. In the complaint, it is said that she was taken away after telling lies while coming from work.
-
Schedule For Telangana Inter Exam Fee Dates Released
![Schedule For Telangana Inter Exam Fee Dates Released]()
Hyderabad, Nov 5 (Maxim News): The Telangana State Board of Intermediate Education (TSBIE) has released the schedule for the payment of the intermediate Examination fee from November 6 to 26th of this month without a late fee.
-
Salman Khan Gets One More Death Threat
![Salman Khan Gets One More Death Threat]()
Mumbai/Hyderabad, Nov 5 (Maxim News): Bollywood actor Salman Khan has received another threat, a police official said on Tuesday, adding the person who threatened the actor has demanded Rs. 5 crore from him.
-
Uttam Urges Public Representatives To Ensure Successful Paddy Procurement
![Uttam Urges Public Representatives To Ensure Successful Paddy Procurement]()
· Minister Uttam conducts video conference on paddy procurement with Ministers, MPs, MLAs, MLCs · Deputy CM Bhatti, cabinet ministers join discussions Hyderabad, November 5: Irrigation Minister Uttam Kumar Reddy has called on public representatives and officials to play a proactive role in the success of Telangana’s largest-ever paddy procurement initiative. This historic exercise marks a significant…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
