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:
-
Advisory Issued Amid Ongoing Heatwave; Hyderabad To Cross Max Temperature
![Advisory Issued Amid Ongoing Heatwave; Hyderabad To Cross Max Temperature]()
Hyderabad, May 1 (Maxim News): Amid Heatwave alert (yellow) has been issued for the state by Indian meteorological Dept-Hyderabad (IMD-H) as 18 districts in Telangana likely to witness heatwave conditions with temperatures soaring to a maximum of 44 degrees Celsius the Director of Public Health & Family Welfare, Dr. B.Ravinder Nayak, has issued the advisory…
-
Two Aveksha Day Care Centers for Construction Workers’ Children Opened
![Two Aveksha Day Care Centers for Construction Workers’ Children Opened]()
Two Aveksha Day Care Centers for Construction Workers’ Children opened on the occasion of Labour Day on Wednesday. One was opened at My Home Apas Residential Project at Kokapet Village, Gandipet Mandal, Ranga Reddy District. The other one was at MHC Vipina Residential at Manmole Village, Ramchandrapuram, Sangareddy Dist
-
Next WCOA Conference Will Be Hosted in Hyderabad in 2028
![Next WCOA Conference Will Be Hosted in Hyderabad in 2028]()
Dr Raja Narisgh Rao, the city’s Senior Consultant Anaesthesiologist and the President of the Indian Association of Paediatric Anaesthesiologists (IAPA), Telangana State is elected as President of the World Congress of Ophthalmic Anaesthesia at a just-concluded WCOA – World Congress of Ophthalmic Anaesthesia at São Paulo in Brazil.
-
Will Fight To Defeat BJP Conspiracy: Will Implement Muslim Reservation: Revanth Reddy
![Will Fight To Defeat BJP Conspiracy: Will Implement Muslim Reservation: Revanth Reddy]()
Hyderabad, May 1 (Maxim News): Chief Minister Revanth Reddy advocated that the Muslim Reservation is not based on caste or religion but on the basis of backwardness. He said that Congress party is committed for the implementation of Muslim Reservation for which survey will be conducted in the Congress ruled states and reservation will be provided.…
-
Shabbir Slams PM Modi’s Comments On Muslim Reservation, Accuses Him Of Promoting Communal Hatred
![Shabbir Slams PM Modi’s Comments On Muslim Reservation, Accuses Him Of Promoting Communal Hatred]()
Shabbir | Hyderabad, May 1 (Maxim News): Advisor to the Telangana Government and senior Congress leader Mohammed Ali Shabbir criticized Prime Minister Narendra Modi for remarks made during a public meeting in Sangareddy
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
