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RICS Real Estate Conference 2019

This one-day conference will examine how policy and procedural reforms are paving the way for an efficient, robust and healthy real estate market while delivering on the promise of "housing for all by 2022".

Potential unlocked: A home for everyone

Twitter: #RICSResidential

Date:
Tue 30 Jul 2019
Time:
09:30 AM - 05:30 PM
Venue:
The LaLiT New Delhi, Police Station, Barakhamba Road, Fire Brigade Lane, Connaught Place, New Delhi, India, 110001
CPD:
6 hours CPD

RICS professionals go free — please email and request an invitation

From
INR10000 + tax

Overview

Is a roof over every head possible by 2022? Is affordability still a relative concept and, if so, what is affordable housing? How is the market factoring for liquidity? Is RERA the much-needed enabler the sector was looking for?

These are just some of the burning questions that we will address at the RICS Real Estate Conference 2019.

The conference will provide a platform for policymakers and business leaders to share their views and concerns, and reach conclusions that will help the nation and industry deliver the vision of "housing for all by 2020".

This top-level networking and knowledge-sharing event will showcase practical examples and case studies, and bring together industry stakeholders to debate, discuss and grapple with the latest strategic opportunities and challenges facing real estate and housing today.

Agenda

  • Welcome address

  • The changing face and shape of real estate regulation

    The enforcement of regulation has always been a challenge, not just in India but across the world, as human tend to resist change. But regulation is a "necessary evil", as its intent is to streamline and improve transparency, and increase compliance with standards in order to bring confidence and trust to the market for the benefit of developers, investors and customers alike.

    But for regulation and reform to make an impact, it needs to have adequate "teeth". Any regulation created for a market requires deliberation and consultation from the industry to factor in "on-ground realities". Reforms must be viewed and implemented as "good regulation", which paves the way for process efficiency, transparency, standardised practice, professionalism and reduced costs. At the same time, it's important not to over-regulate and limit the sectors' performance. There must be a healthy balance in the way policy and reform agendas are implemented to drive sector growth.

    This session will analyse the implementation and enforcement of RERA so far and evaluate what must be improved going forward to ensure that all stakeholders equally benefit from this reform.

  • Achieving the "Housing for All" mandate

    For decades, India has witnessed compartmentalised development of housing amid many constraints and non-conducive policies — many of which exist even today. These limit the delivery of affordable housing and add to the growing shortage of housing stock.

    The dream of housing for all by 2022 will not be achieved if certain segments of the population remain excluded from the market. It is therefore necessary to understand and evaluate the value chain of the housing market. With demand-supply gaps, the real estate market will witness cyclical ups and downs, therefore there must be an alignment of supply- and demand-side parameters.

    With this background, this session will focus on how regulation must change in order to free-up land, finance and development to aid customer confidence.

  • Finance as a key enabler

    Given that access to low-cost capital has for long been a "sore point", there is a dire need for a steady flow of alternative investments to find its way into the sector and address the funding requirements of developers. This is all the more pertinent given the current NBFC crisis that the sector hasn't completely come out of.

    While previously implemented policy and procedural changes have helped alter the way realty businesses secure capital and invest, there is a need for more lucrative alternate sources to find their way into the sector. Do developers still have access to low cost capital? Will things change in 2019? In addition to these questions, our panel will provide insight into how they and their firms are thinking about investing and liquidity in the market.

  • How professional skills and technology aid execution

    With technological advancements taking place rapidly on the sector, we have seen a higher degree of building innovation both in building products and processes. This means not only incorporating latest technologies or materials, but also exploring new processes and implementation standards of design and construction through multidisciplinary practice and experimentation.

    More emphasis is required in building the professional expertise to deliver projects which are of the highest quality and delivered on time and in budget. Increasing complexity and ambitious projects require specially skilled professionals for specialised jobs throughout the development lifecycle.

    This session will look at the skills and technology needed to ensure that the sector performs to the best of its abilities.

Your venue for the day

The LaLiT New Delhi is a lavish hotel just seven minutes' walk from the Shivaji Bridge Railway Station and 1.6 km from Jantar Mantar, an 18th-century astronomy complex.

The hotel is in close proximity to New Delhi's key commercial and business locations. The five-star hotel has won National Tourism Awards and was awarded as the "hotel providing best facilities for differently abled guests" in 2016 and 2017.

Prices

Your exclusive member benefit

We are happy to offer complimentary tickets to RICS professionals. If you would like to attend please "register your interest" to request an invitation.

  • Inivation by request RICS professionals Free
  • RICS trainee INR5000 + tax
  • Non-RICS professionals INR10000 + tax
  • Visa

  • Mastercard

From
INR10000 + tax