Realtors Seek effective implementation of Smart Cities Project

Real estate industry today hailed the announcement of 98 Smart Cities, but said the government should aggressively focus on effective implementation of these projects.

NEW DELHI:  Real estate industry today hailed the announcement of 98 Smart Cities, but said the government should aggressively focus on effective implementation of these projects to stimulate economic growth and improve quality of urban life. 

The Confederation of Real Estate Developers' Association of India (CREDAI) also demanded that the private sector should be roped in to realise this mission. 

The Centre today released the names of 98 cities selected for the Rs 48,000-crore mega Smart Cities project. The remaining two names are pending. 

Uttar Pradesh has the maximum of 13 cities to be developed as smart cities, followed by 12 in Tamil Nadu, 10 in Maharashtra and 7 in Madhya Pradesh. 

"It is a good initiative by the government but this should be followed through aggressively so that the implementation of Smart Cities become a reality. Private sector should be roped in to realise this mission in whatever way possible," CREDAI President  Getamber Anand said. 

Property consultant CBRE's  South Asia CMD Anshuman Magazine said the successful development of these Smart Cities would now hinge on their effective implementation and monitoring at both central as well as state levels. 

"Huge fund mobilisation, government capacity building at the state and city level and public private partnerships will be required for development of these cities. This can be a game changer for India as it can stimulate economic growth, besides improve the quality of life for millions of people," Magazine added. 

Another realty consultant JLL India's Managing Director - (Infrastructure Services) Shubhranshu Pani said the smart city initiative would give a much-needed boost to the cities and improve the infrastructure liveability quotient of urban India. 

"More importantly, it will boost employment because of the new projects being executed, which in turn will improve the country's GDP. The phased approach of deployment, starting with 24 this year and 40 next year and so on is definitely the right way to go," Pani added. 

The  JLL official also said that many of the Smart Cities projects would need significantly more funding than initially envisaged by the government. 

"The scale of funding will be as high as 20-40 times the resources allocated by the government. Many urban local bodies are not geared up for this to raise that much public money, as their books are in deficit and loss. Superior funding mechanisms have to be brought out," he added.

Source: PTI

Nominate for India's 1st People's Choice Realty Awards: IIPA 2015

New Delhi: The last date for filing the  nominations for India's 1st People's Choice Award is fast approaching. The organising committee of India International Property Awards (IIPA) has announced the last date for filing nominations as 31st August 2015. 

Once the nomination process gets over the data collected will thoroughly checked and arranged for online polling. The online polling will be conducted over a database of 1.5crore people all across the nation. Lacs of emailers will be sent every hour and people would also get the option to vote on the official site of IIPA Awards. A huge social media campaign is also being planned to engage with maximum people. 

The organising committee for IIPA is of the view that "no real estate awards have ever happened where the normal citizens of this country have been enrolled. People do awards just for the sake of it with no platform. IIPA is a novel thought based on trust. Being a people's choice awards this would be hugely popular amongst the normal masses and will be one of the most trusted as even after the people vote there are two more stringent qualifying rounds for participating organisations to cross. Though it will be an important sight to see that how many people actually understand the thought process. We have been receiving nominations from Bengaluru, Mumbai, Lucknow & Kolkata in addition to Delhi/NCR and have received over 70 nominations under various categories. We expect about 150 more companies to file nominations.

Realty market in India is still understood to be a little immature but we all need to run faster to catch up with booming world real estate. With IIPA we plan to give the Indian Real Estate which it always lacked, a trusted award with never seen before visibility."

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Nominate your leaders & Recognise their Efforts

New Delhi: IIPA 2015 aims at not just rewarding the organisations but also the people behind their success. We at IIPA clearly believe that a ship cannot sail all alone and the captain needs a lot of able and talented crew members to take his ship to its destination. 

With India International Property Awards (IIPA) maiden edition to be launched very soon we have thoughtfully planned categories for professionals/individuals for their contribution in various organisations or to the sector and have helped in growth. Categories have been finely designed on parameters like strategy, sales, media planning etc which will define everyone's contribution. 

So nominate your leaders and recognise their efforts. 

All the best!!

To register log on to: www.iipaawards.co.in

IIPA 2015: CSR Awards

Corporate Social Responsibility (CSR) has been the buzzword for many corporate and they explain it that it is their way of giving back to the society which has made them whatever they are.

 

Today CSR is not just confined to big corporate or industries but numerous Real Estate players have also been seriously participating with various CSR activities since many years now. They employ thousand of unskilled labourers for whom they not just only provide meals but one can find schools providing preliminary education to their children at numerous construction sites. One can also find a lot of activities for the women working or living at these sites. Apart from these a lot of activities like running schools, donations to NGOs, cleanliness drives, green plantations etc have always been undertaken by various real estate players all across the nation. 

These companies have always been the unsung heroes because no one cared to write or recognise them for what they have been doing. 

At IIPA 2015 after coming across several queries we not just incorporated CSR awards but are also working on developing a separate section for it. We at IIPA believe that at times it becomes necessary to market what you do so that the people should become aware about it. Such awareness from platforms like IIPA will surely help bringing about a change in perception among the general masses for Indian Real Estate Players. Being a people's choice award we believe that IIPA can be real good start for bringing about the change which we all have been talking. 

Team: IIPA

Register yourself at: www.iipaawards.co.in

India's 1st People's Choice Realty Awards: IIPA 2015

Real Estate sector has always been fighting for recognition. And recognition doesn't come easy. With one of India's largest emoloyment sector and the 2nd biggest contributor to country's GDP, it's an irony that we still talk about recognition for realty sector which otherwise would have been provided years ago.
India International Property Awards (IIPA) 2015 is an honest step to being recognition not by policies but by bringing the masses closer to real estate. Through it's unique concept of online polling IIPA 2015 aims at engaging Crores of people in the polling process by giving them the powers to vote for their favourite. This will also create awareness about realty players who otherwise have been the unsung heroes. Through this process we want people to read about numerous players who have achieved feats of excellence in their working. And then let the people decide and vote for their own favourites.
IIPA will be the real game changer of Indian Real Estate which is an step towards improving the perception of realty among the general masses which comprises of present and future buyers. The success of IIPA will surely bring that much awaited change and we hope to see people winning and receiving the award with pride.
To register kindly log on to: www.iipaawards.co.in

REAL ESTATE AWARDS : IMPERATIVE FOR MOTIVATION AND RECOGNITION

Awards, no doubt cater to recognition. Because, it is agreed by all the social sciences, that the most important driver of behaviour is the quest for social recognition. Awards can be considered as societal symbol of recognition. It's no secret that recognition is an indispensable ingredient for sparking motivation, boosting morale and inspiring anyone to perform to their fullest potential. By recognizing contributions and rewarding ones accomplishments, a clear and powerful message is sent that their efforts matter. What's more important is that those who feel valued are more likely to continue to deliver their best work.  Awards work because they create role models, highlight the values of a society, and also bring prestige to individuals who have won the awards.

India International Property awards (IIPA) also aims to spotlight the star performers of real estate sector and honour their dedicated services.  IIPA Awards are meant to honour and reward those realty stalwarts who have achieved great feats in their work. IIPA Awards will recognize the stellar performances of the real estate fraternities and firms that have gone the extra mile. 

IMPORTANCE OF CUSTOMER CONNECT WITH EVOLVING REALTY SECTOR

Today real estate sector is growing and developing at a rapid pace. Realty segment is one of the biggest contributors to India’s GDP and generating employment opportunities as well. In every sector and industry, customers are remarkably important because they are the driving force behind their operations and real estate sector is no exception. Bearing in mind all these important aspects it’s very important that customer’s needs, requirements and rights are given due respect and consideration. Today, real estate sector is flourishing and is undergoing evolving phase. Earlier, customers used to consider real estate to be confined to just residential space. But now with time, real estate has grown and it now covers commercial as well as mix land projects. People now look real estate as an investment opportunity too, as the returns are higher and safer than any other investment option. At this point of time when realty sector is on its way to grow and develop significantly, connecting with customers is very essential.

With advancement in technology, access to information is much easier. Everyone nowadays is tech-savvy and opts to find information of any kind online. Here, comes the need to connect directly with customers. It is also applicable to real estate sector and due importance should be given to customers not just at the time of sale and purchase of property but also after sale services should be taken care of. These are the factors which help realty firms to get recognition and help them in creating a solid base in market as well. Good customer care makes the patrons happy and they also recommend the realty firm to others and word of mouth publicity is done. They may also come back as second home buyers or future investors. They will not stop themselves to recognize and praise the good work and will also turn to online platforms to recognize the eminent players. Online platforms are therefore becoming more important as technological advancements have brought realty sector online too. Updates about property, news, reviews and all the related information is available online and in fact many property developers also give option to book properties online.

India International Property Awards (IIPA), support the fact that buyers being the back bone of realty sector, should have full right to information about each and every aspect of properties they are investing in. Not just this, they should also be able to put forward their own views, good or bad, about the realty firms and their works. By doing so, everyone interested in realty sector would get authentic information, the source being reliable and trustworthy. Being the actual users of the property, customers and general public would always present correct information about the quality of work of any particular developer.

IIPA Awards intends to recognize and appreciate all those real estate firms and fraternities who have done excellent works in their fields and have supported the growth of this sector. By understanding the importance of correct, true and reliable information for selecting the most deserving nominee, IIPA has brought online polling as a robust tool in the hand of customers. For the first time in the history of Indian Real Estate, Online polling would be done to get authentic and reliable information. Such information would be true and correct in every way as the basis of such data are the views and assessments of actual users.  IIPA has made the online polling option available for all and anyone ranging from developers to customers and general public can cast their votes in the favor of their best nominee under different categories. The results would be accurate, honest and reliable. Online polling would bring all the Realty developers, networkers and realty segment specialists on a common platform and their work would be reviewed by the actual users. Getting results out of such systematized and candid system would help the entire realty sector and everyone associated with it to distinguish the excellent and finest of works.  Online polling would allow participants to choose the most eligible contender and the results would be reliable and genuine. IIPA Awards by initiating online polling intends to recognize and acknowledge the works of those realty fraternities who take that extra effort for the happiness and satisfaction of their consumers. They understand their duties toward the buyers and realize the value of their hard earned money. Online polling is to select best of realty players, extracts results from actual users and that feeling of getting recognized through true and honest views would be fulfilling and very pleasing. This would not only help realty fraternities to showcase and display their good work but also help in building strong goodwill and brand name in the market.