ACAE Chartered Accountant’s Study Circle-EIRC in association with Confederation of Real Estate Developers’ Associations of India (CREDAI) Bengal organized “Challenges in Changing Times” a Real Estate Conclave” at The Park, Kolkata. Mr. Nandu Belani, President, CREDAI Bengal and Mr. Arun Kumar Agarwal, President, ACAE were also present to address the media.
The Conclave delved on current industry regulations and trends in the state now. The highlight of the conclave was a Keynote Session on the theme of “Challenges in Changing Times”.
Real estate is one most vibrant sectors and second largest employer in India after Agriculture. The convention will talk about the changing trends in the real estate industry and its effects. In future the sector would be more rationalized because of the act. RERA can be considered as instrumental for REITs (Real Estate Investment Trust) as well. REIT has been set up to boost investment in commercial real estate market in India and has created a positive impact, ushering transparency, efficiency and increasing the home buyers’ confidence for 2018.
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