NAREDCO Maharashtra’s Knowledge session – ‘All about Policy’ illuminates Mumbai real estate policy updates cityairnews.com
The National Real Estate Development Council (NAREDCO) Maharashtra in association with Practicing Engineers, Architects and Town Planners Association (PEATA) hosted a pivotal Knowledge Session 'All About Policy' which brought together distinguished experts from the real estate sector to discuss critical policy implications and their impacts on the Mumbai real estate market. Prashant Sharma, President of NAREDCO Maharashtra, inaugurated the session with a warm welcome to all attendees, emphasizing the significance of such knowledge exchanges in understanding the intricacies of real estate regulations.
"These sessions are crucial for all stakeholders to gain clarity on the rules governing our sector," Sharma stated. Rajan Bandelkar, Vice Chairman, NAREDCO stressed on the need for the industry to stay within its limits. “In the past we have seen a section of the industry going far beyond and have not delivered on its promises to customers. This is the reason why the government has brought in the Real Estate Regulatory Authority (RERA) bill, in its bid to control the sector, bring more transparency and safeguard home buyer interest. It's imperative that our industry adheres to its commitments to ensure trust and sustained growth.”
