CREDAI Shares Issues to be Discussed at NATCON 2010

November 10, 2009	(Be the first to rate this story!)  Loading ...
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The Confederation of Real Estate Developers‘ Associations of India (CREDAI) shared today, an outline of the key issues to be discussed at India’s premier real estate development conference NATCON 2010 - its 9th National Convention. NATCON 2010, which will commence on and from January 23, 2010 at Dubai, will continue till January 25 and will witness wide participation by industry leaders from India’s top developer organisations, finance institutions, fund managers, bankers, researchers, real estate professionals and reputed international experts who will converge at this prestigious convention to discuss on ‘Affordability’ which is the new paradigm for the Indian Real Estate.

The Convention will also aim at understanding the dynamics of affordable housing in India, the issues involved and probable solutions in the presence of the Chief Guest at the Convention, Mr. Deepak Parekh, Chairman of Housing Development Finance Corporation Limited (HDFC), who also headed the high level task force formed by the Government of India on ‘Affordable Housing for All’. Mr. Parekh will be sharing his valuable insights and knowledge on the scenario of affordable housing in India and the way forward in this sector.

The phenomenal demand for affordable housing to the tune of 25 million housing units in Indian Urban areas alone make affordable housing a focused market for real estate developers. With the government’s steady emphasis on addressing the critical housing needs of the country, CREDAI, which is committed to serve the industry at large is thus organising NATCON 2010 aiming to bring in the stakeholders of the real estate industry from all over India who will put in their views and opinions, discuss and debate and work towards solutions to address critical issues such as costs-technologies-escalations, financing to customers, markets, effective systems of post possession maintenance, building volumes without diluting quality and many such issues which all lead to the growth of affordable housing in India. NATCON 2010 seeks to be a melting pot of opinions and views regarding critical aspects of the industry. Through debate, research findings and solution-oriented discussions, NATCON 2010 seeks to take stock of recent developments and outline directions for the future of real estate.

Speaking on NATCON 2010, Mr. Kumar Gera, Chairman, CREDAI said, “Affordable housing today is the most effective possible solution available to address the crucial housing needs of the country. For the long-term success of affordable housing, issues need to be viewed not just from the objective of planning and execution, but from the points of sustainability and ownership as well. This is the time for us - developers, financers, technical experts and policy makers - to educate ourselves, debate over the problems and understand the opportunities waiting for us while we face the challenge and overcome all the hurdles in promoting affordable housing.”

NATCON 2010 will also touch upon important facets such as technological solutions for building affordable houses, financing, and valuable learnings and case studies from stalwarts representing the banking and financial institutions like Ms. Chanda Kochchar, Managing Director and Chief Executive Officer, ICICI Bank and others.

Mr. Santosh Rungta, President, CREDAI, stated “CREDAI is relentlessly advocating the need of affordable housing in India and at NATCON 2010 this objective is only to be re-emphasized upon to usher more sustainable economic growth of our country. By organizing NATCON, we wish to provide a platform to all the stakeholders of the real estate industry and bring in the best minds together from the sector to debate on practical initiatives and find solutions to the hurdles we face in creating home for everyone in our nation.”

News Published Under:   Real Estate Developers |

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