Dr. Shailesh K. Agrawal, Executive Director – Building Materials & Technology Promotion Council (BMTPC)
Being a technocrat and an engineer, looking at the pre-cast and other engineering developments in infrastructure segment, I wished to bring the same latest technologies in the government building sector. I took the proposal to the Ministry of Housing who were initially reluctant. But, after 2009 when the expression of interest was first floated followed by identifying of 20 advanced construction technologies & systems that can replace conventional systems, many state governments have come forward to adopt the same in their respective government projects.
As we all know, the “Housing for All” scheme aspires to construct 20 million houses in next seven years. Indeed, this requires a whole lot of technological interventions which BMTPC is promoting and helping the government sector with cost effective technologies for mass housing.In fact government of India has realized the importance of partnering with private developers and want to play the role of enabler & felicitator.
Ar. TanmayTathagat, Executive Director – Environmental Design Solutions [EDS]
Today in real-estate and construction segment, the whole discussion is on private sector development, the regulations and synergies with the environmental goals and how they all work considering the realities on the ground. For last 10 years, I have been working with government, municipalities and states in developing and implementing policies. In my experience, a good intent not necessarily translates to desired impact without the understanding of how the particular sector & the market work. For example, Environment Impact assessment policy had a good intent of making all projects mandatorily going through an assessment to help minimize building sector impact on the environment. However, no thought was given to how it will translate into action or the criteria to be evaluated. This resulted in project delays, uncertainties in implementation and resistance from developers. To address the same, recently, a new notification has come out that states just two parameters – a technical requirement and a performance based requirement with clearly defined considerations. As per the new modification, the responsibility of environmental concerns have been passed on to the local municipal bodies who need to list down the requirement of that particular area and form a technical cell and facilitate the projects. The new verification process will be enabled by 300 environmental firms that have been certified by ministry of environment & forest. So if the implementation process is made simple and transparent, there is no reason, any developer will have any issue in adopting energy efficient regulations.
Sam Chopra, Founder Member, FIABCI India Head of Nominations World Board, FIABCI
On behalf of FarookMahmood, World President Elect – FIABCI India who could not attend the event, I would like to introduce the audience to the global organization of realtors called FIABCI that has members in 65 countries, including 100 Professional Associations, 65 Academic Institutions and 3000 individual members from all professions of the real estate sector. It is the most representative organization of the real estate industry in the world and holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations FIABCI Members represent all real estate disciplines including Brokerage, Property Management, Valuation/Appraisal, Investment, Development, Consulting, Legal, Architecture, Planning and Insurance. To conclude, becoming a member of this organization can help raises your profile, develop expertise and use FIABCI online tools as well as conduct international business.
Rakesh Goyal, Vice Chairman, Rail Land Development Authority
The challenges facing the real-estate sector currently are the issue of demand & supply, lack of transparency and supply of funds and most recently demonetization. The perception is that demonetization will have a negative impact on the realty market. However, in the short term there might be a cash flow problem for developers, but in the long run all the policy reforms might help lay a strong foundation for the real-estate industry.
RLDA has been engaging private developers to build passenger amenities like restaurants, hotels, etc. called the multipurpose complexes. About 20 such projects have already been implemented; another 30are proposed and more than 100 such developments are in pipeline for the next year. Apart from the land around railway stations, the commercial lands across the cities are opening up for development such as, 4.3 hectare plot with two million square feet of area in Bandra, Mumbai, in Ashok Vihar, Delhi 12 hectare plot and approximately 15 hectareland near in Rani Jhansi road again in Delhi. In next one or two years we are looking at developing land parcels in about 200 locations spread across the country. RLDA is also actively engaged in Smart city development by making its facilities more modern and developing its railway assets on PPP model. Given the scale of developments, I would like to take this opportunity to invite all the realty professionals, the architects, developers, system providers etc. to partner with RLDA in its projects.