INDIAN
REAL ESTATE

“Growth
and Governance: Vision-2020”
Conference-cum-Exhibition

9:30
am, March 26 2010, ASSOCHAM House, New Delhi

The
Real Estate sector, as an engine of the nation’s growth, can be gauged
from the fact that it is the second largest employer next only to agriculture
and its size is close to US $ 12 billion and grows at about 30% per annum. Five
per cent of the country’s GDP is contributed by the housing sector. The
Real Estate Industry has significant linkages with several other sectors of the
economy and over 250 associated industries. India has an urban ratio of 26% as
against 40 percent in the developed countries and about 550 million Indians are
below the age of 25, a 10% yearly growth is expected in the 12th plan. With the
increasing urbanization, Indian real estate industry has to meet numerous
challenges in the time to come. 

Liberalization
measures in the FDI policy has resulted in a surge in the inflows into
construction and real estate sectors in India as there are myriad options
available to foreign players in these sectors. The Union Government, through
the Ministry of Housing and Urban Poverty Alleviation, has announced a Model
Real Estate (Regulation of Development) to regulate, control and promote
planned and healthy development and construction, sale, transfer and management
of colonies and residential apartments.

ASSOCHAM
feels that there are various issues involved in the development of Indian Real
Estate sector. Accordingly, with a view to discussing the long term strategy
and to prepare a blue print on the orderly growth of this sector, ASSOCHAM is
organizing a National Summit on Indian Real
Estate “Growth and Governance: Vision-2020” Conference-cum-Exhibition
at 9.30 a.m. on March 26, 2010 at ASSOCHAM House, 47, Prithviraj Road, New
Delhi. We have invited Shri S. Jaipal Reddy, Hon’ble Minister of Urban
Development, Government of India
and other dignitaries from State Government and Private Sector to share their
vision on the Subject. The summit would be a forum where high level
corporate executives will share their views on the subject. We expect a large
number of participants to attend the summit.

In view of the importance of the subject, we request you to
kindly attend the Summit
and also nominate your colleagues to participate in the same. We also request
your organization to be the PARTNER / SPONSOR for the conclave as per DETAILS
ENCLOSED for your kind reference.