Confederation of Real Estate Developers’ Associations of India (CREDAI) Announces 13th NATCON – 2013

  Press Note


Confederation of Real Estate Developers’ Associations of India (CREDAI) Announces 13th NATCON – 2013


Titled “Realty favours the brave — Surviving against all odds” The convention aims to combat the prevailing Real Estate scenario that is afflicted with myriad uncertainties.

Moscow, Russia, 26-28 July 2013

Key speakers like Dr. Girija Vyas (Minister HUPA),  Mr Arun Mishra, (Secretary HUPA), Rohit Bhargava, Professor Global Marketing (Georgetown University), Patrick Schwerdtfeger (Award winning author), Anshuman Magazine (CBRE Chairman), Peter Mitchell – CEO APREA, David Lynn, CEO and Founder, LCM LLC, Anuj Puri, JLL,  Marwan Bin Ghalaita, CEO, Dubai Real Estate Regulatory Agency (RERA), Darrell Stanaford, Chairman, Urban Land Institute Russia and many more ace speakers to storm the dice.

The other important dignitaries are expected from Min. UD from Rajasthan, Min. Housing from TN etc.

  • The Ritz Carlton, Moscow, Russia to host the two day convention on July 27th and 28th, 2013
  • Expected to attract Financial and Social luminaries from National and International sector
  • A lot in terms of take away w.r.t. fighting odds and surviving in crisis.
  • Many New generation entrepreneur to participate in the NATCON
  • International Real Estate wizards to share the dice.

Chennai, 09th July 2013 – The 13th NATCON 2013 to be hosted by the Confederation of Real Estate Developers’ Associations of India, the apex body representing private Real Estate developers in the country, will be held at The Ritz Carlton, Moscow on the 27th and 28th of July,  this year. A few Keynote speakers and attendees are Dr. Girija Vyas (Minister HUPA), Mr Arun Mishra (Secretary HUPA), Anshuman Magazine (CBRE Chairman),   David Cockerton, SinoGulf Real Estate Investments LLC and the other names mentioned above.

Widely recognized and revered as the best Real Estate convention with the most august real estate gathering of the country, the NATCON -2013 will expect participation of over 800 delegates including developers representing above 100 cities of India, influencers, decision makers, representatives of stakeholder groups and distinguished individuals from across the Real Estate spectrum of the country and abroad on a common platform. Based on the agenda of “Realty favours the brave — Surviving against all odds” the convention will aim to showcase and debate what the industry can do, in order to take on the challenges including access to capital and in combating the odds. 

Mr. Lalit Kumar Jain says, “NATCON in Moscow is going to be great! We all will receive great value out of it. While we discuss current challenges like regulator, we will also see innovative funding, instruments and technology; the overall focus will be vision.  Motivation by world renowned speakers will be of huge value and those who are big or aspire to be big cannot neglect and those who relate to this industry can’t miss it. Such conventions keep us updated with the current challenges of the world. This is a time of flux when change is taking place every now and then. We are all well aware that with the passage of time, every sector undergoes a change which is significant or even transformative! For professionals who are part of an ever changing and evolving sector such as that of real estate and construction – it is imperative to stay positive, learn how to adapt and improvise in order to deliver, in times when the market is impacted by adversity.

Mr Jain adds, “Real Estate sector will continue to grapple with numerous other challenges with respect to regulation, fragmentation, lack of transparency, capacity constraints, trained and skilled manpower, loopholes in contract procurement and processing mechanisms, cost overruns, antiquated laws and policies, lack of enforcement and implementation of reforms etc. While the recent introduction of the real estate regulation bill is a step in the right direction, we still need to assess the impact that it will have on developers and how we can ensure a more balanced and efficient regulation mechanism emerges in the market.

Mr. C Shekar Reddy, the National President of CREDAI says, “India’s robust growth momentum through the last financial year has been plagued by challenges both on the domestic, as well as external front. The environment within the country has been clouded by several concerns on account of political instability and indecision on important issues due to parliamentary freeze, governance/corruption related issues, issues on the environment and land acquisition, regulatory delays and delays in project clearances etc. Consequently, the Indian realty market once a preferred and safe-high return investment option, is increasingly seeing vary investors, amid sluggish sales and an overall slowdown across property segments.He adds,The 13th NATCON over the period of two days will have brainstorming sessions on introducing best practices and transparency as well as reducing the timelines & transaction costs for project approvals, in order to build confidence in international investors forum”. The conventions main focus will also be to leverage technology for faster housing delivery.  Like Precast, Contour Crafting (CC) etc. CC is a layered fabrication technology developed at University of Southern California. This technology has great potential for automating the construction of whole structures as well as sub-components. Such advancements would be deliberated in the NATCON at Moscow.

The presence of Minister Housing and Secretary Housing along with other dignitaries is certainly going to make the entire environment charged.

Mr Jaxay Shah, the National Vice President & Chairman NATCON Organizing Committee, CREDAI says, “In an increasingly changing environment, organizations cannot afford to be complacent, an industry’s dynamics change with time, and economic/regulatory influences. There exists an urgent need to keep in sync with latest business practices, evolving technologies, market dynamics, industry events, and statistical facts, figures and trends. Here comes the importance of such conventions. CREDAI’s NATCON is informative, educative, combative and reformative. This year’s theme unlike previous years is more audacious and pragmatic. Our industry is replete with vagaries and vicissitudes. The quantum of challenges, obstructions and persecution we face is seldom faced by any other industry. Yes, today doing real estate business means spending more time and money to “Brave out and survive all odds”. Come let us all join at “MOSCOW” to find a solution to this eternal real estate imbroglio.      

About CREDAI: the Voice of India’s Real Estate Industry

The Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body for private real estate developers in India. CREDAI represents over 9,000 developers through 134 cities and 20 state/city level member associations across the country. Its numerous initiatives and activities help developers come together and work towards better practices, improved customer service and a stronger realty industry.