BENGALURU: The House that you looked at today and wanted to think about buying till tomorrow, is the same house someone may have looked at yesterday and will buy today. As Franklin Roosevelt said, “Real Estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care, it is about the safest investment in the world”.
Fortunately, CREA (I), Confederation of Real Estate Associates (India) is helping Bangalore citizens and Indians across the globe, day in and day out in Buying the right house, office space or land TODAY with plethora of knowledge and domain expertise.
What better way to salute the people, the illustrious members of CREA (I) who cover every square foot of land that exists in Bengaluru, than celebrating the “World Realtor’s Day”.
NAR, National association of Realtors, USA, the parent body along with NAR-India and all its associations celebrated the World Realtor’s Day with élan on 21st March 2017. On this grandiose occasion, the Movers and Shakers at CREA (I) have set up an ambitious dream to align the various Industry sectors in Bangalore and India and contribute to Nation building Process.
Infrastructure sector is all about creating assets for the Country. It creates the form of a city and enables the life of the city. Infrastructure is even more important than the Architecture. The Trains, Metros, Buses, Public Transport systems, Parking hubs, Communication links besides the Commercial Hubs, Schools and educational institutions, Parks, Lakes, the Green spaces, Roads, Highways all constitute the Infrastructure which is vital to growth of any city, state or country.
Infrastructure is managed both at Centre and State level by the Governments and specific ministries. Infrastructure has a huge allocation of funds and focus but sometimes lacks the inputs from the ground level for a direction.
Affordable Housing sector which has also been given the status of Infrastructure Industry in recent budget is all about providing and fulfilling the dream of Housing for all by 2022. A roof on the head of every Indian now seems a reality soon. Affordable housing brings stability, economic diversity and improves the physical quality of the neighborhood.
CREDAI is the Confederation of Real Estate Developers’ Associations of India, an Apex body with over 11500 Real Estate Developers from 162 cities across the country and they define the skylines of all cities and towns in India.
RERA – is the Real Estate Regulation Authority that will come into effect in each state in India from May 1st, 2017 with the implementation of Real Estate Regulation Act (RERA) and it will have Public and Private representation on the Core Committee of RERA.
NAR-India is the National Association of Realtors, the association of all Real Estate Associations of Realtors across various cities in India. The membership today exceeds 20000 members across 40 cities in India.
CREA (I) – Confederation of Real Estate Associates (India), Bengaluru has taken upon itself to align the mission of Govt. of India with State Govt. bodies and Ministry of Town Planning, Urban Ministry, Infrastructure Ministry and the execution bodies like BDA, BBMP, BMRDA etc. in Bengaluru to streamline the inputs for Infrastructure growth and to provide ground level expertise. Being a part of the Governing Board of NAR-India, CREA (I) further intends to emulate the model Nationwide in each state with the help and reach of NAR-India associates and CREDAI to achieve the same results across the country. The Realtor is surely finding his place under the sun and it surely is a matter of pride and honor to be a part of Nation building exercise.
PPP models, Public-Private-Partnership has already been an identified model for Infrastructure building but Public Private participation is an extended belief that should help not just Namma Bengaluru but every urban center in India and 20000 Realtors and 1200 Developers across the country will be happy to contribute to Bharat Nirman. The day is not far when Real Estate, the second largest employer in the country will be accorded an Industry status of its own.
On World Realtors Day, I would ask all Home/Office Buyers and Investors to congratulate the CREA (I) member who works tirelessly to help you Buy, Sell or Rent your properties. Remember, the best journey takes you Home and you, the Home Buyer is a part of Realtors journey. Home is after all not just a place, it is a Feeling. Congratulations to all CREA (I) members, members of NAR-India and all Realtors worldwide with Best wishes for a “Happy Realtors’ Day”. Dream on because Dreams become Reality in Realty.
(The author of this article is the founder of Huts Global and the Spokesperson and General Secretary of CREA (I). Write to him at query@creaindia.in)