Realtors' association eyes more chapters in Gujarat

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BS Reporter Mumbai/ Ahmedabad
Last Updated : Jan 20 2013 | 1:24 AM IST

Having already tied up with realtors in Ahmedabad and Vadodara for local chapters, the National Association of Realtors - India (NAR) is now eyeing more chapters in the state. The association is looking at cities like Surat and Rajkot and intends to initiate talks with local realtors in these regions for local chapters.

"We have had successful collaborations with realtors in Ahmedabad and Vadodara and we want to extend it to other parts of Gujarat. We hope to tie up soon in cities like Surat and Rajkot for local associations," said Abdur Ravoof president of NAR – India, which is also organising the first national meet for realty consultants and developers in Ahmedabad on October 28.According to Ravoof, NAR aims to bring state realtors under one roof which will create transparency in the business between the consultants and developers which will finally help customers to get fair and uniform property deal. "It is estimated that we have shortage of 30 million homes in India. An average home measures 500 sq ft. Then 30 million would result in 15 billion sq ft of homes for next 10 years. To market these homes we need to prepare ourselves and best preparation is through educational courses and awareness programme."

To assist the real estate investors in Gujarat with authentic information on projects details like legalities of property, title clearance and other technical know -how Ahmedabad Realtors Association (ARA) and Vadodara Realtors Association (VRA) has initiated an awareness programme for realty consultants and brokers across State. Talking about the move, Pravin Bavadiya president of ARA said, "The need behind getting associated with a national body is to make broking a respectful and trustworthy business. As of now, the profession has many who are buying, selling and renting property without proper knowledge and by organizing the realtors will create credibility to the trade. Moreover, the the role of realtors to market Gujarat as the safest investment destination under Vibrant Gujarat is very important, as realtors are the first point of contact for investors.

 

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First Published: Oct 28 2010 | 12:41 AM IST

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