| March 27, 2007 | |
Pune’s property developers are soon to establish a Real Estate Academy for Developers (READ). The move is taken to stay in step to fulfill the requirement of qualified and trained professionals to manage the growth.
The Promoters and Builders Association of Pune (PBAP) is looking forward to set up a real estate project worth Rs.1.48 crore. The institute would use its own capital and has its own faculty. The institute will nurture the future leaders of Indian real estate sector.
Undoubtedly, Indian real estate is making rapid strides. But, the lack of professional assistance is what hampering the growth of the industry thereby lacking in the sources to cater to demanding business needs and handle critical aspects such as financial management and project management.
The first academic year of PBAP will start in June 2007. READ will be an independent institute which would offer an 18 month full time post graduate diploma in real estate business management. Considering the needs of working executives, the institute will offer a 12 month part time advanced diploma and a course for family businesses.
The institute is also planning to tie up with global education institutes including National University of Singapore, Institute of Real Estate Management, Hong Kong, Lincoln Institute and the German Technical and Vocational Cooperation programmes.
READ will be an addition to already existing prestigious institutions in the city of Pune, which includes the name like National Institute of Construction Management and Research.
News Published Under: Pune, Real Estate Developers |
|
Add to Favourite:
:
|
Good news. It will be a great boost to the industry. We are already facing acute shortage of trained professionals. Besides this, after IT and real estate, education is the third booming industry in Pune! Very wise decision!
Yes,this is a great and unique initiative.It will be a good motivation for those who wish to be in this field.At the sametime,care needs to be taken to ensure that the lessons taught also consider concerns of environment,aesthetics and social responsibility.