30th November 2011, Hotel Sea Princess, Mumbai | Timings: 2pm – 6pm
Overview of the Conference:
The Draft Real Estate (Regulation & Development) Bill, 2011 seeks to establish a regulatory oversight mechanism to enforce disclosure, fair practice and accountability norms in the real estate sector, and to provide adjudication machinery for speedy dispute redressal. This Act is in pursuance of the powers of Parliament to make laws on matters enumerated in the Concurrent List namely, transfer of property other than agricultural land; registration of deeds and documents, and contracts including partnerships, agency, contracts of carriage, and other special forms of contracts, but not including contracts relating to agricultural land. The Bill is expected to ensure greater accountability towards consumers, bring transparency and fairness in transactions and reduce frauds and delays significantly. The Bill is also expected to promote regulated and orderly growth through efficiency, professionalism and standardization. It seeks to ensure consumer protection, without adding another stage in the procedure for sanctions.
This Conference aims to bring together senior experts from the Real Estate Industry to discuss and debate the benefits, legalities and efficacies of this bill. According to Union Housing and Urban Poverty Alleviation Minister Kumari Selja, they are hopeful of introducing the bill during the winter session of Parliament. Hence this conference hopes to open up the Pandora’s box, demystify the myths and open a channel of discussion among the Real Estate Fraternity. Our team of distinguished speakers will not only provide their valuable insights but also address concerns of the real estate fraternity.
Who Should Attend:
Ø Real Estate Developers / Promoters
Ø Project Developers / Construction Companies
Ø Legal Heads / Law Firms
Ø Investment Heads / Bankers
Ø Finance Professionals
Ø Consultants / Advisory Firms
Agenda & Confirmed Speakers: 30th November 2011
Session 1: 2pm – 2.35pm
Transparency in Land Selling: What does a Developer need to do
· Enforcing disclosure, fair practice and accountability norms
· Builders Registrations with the Real estate regulatory authority
· Disclosure of Construction as per approved plans
· Setting up escrow banking accounts , Provision of refunds to homeowners
· Inviting Bookings and Advances
Q&A for the Delegates
Speaker: Mr Niranjan Hiranandani* - Hiranandani Constructions
Session 2: 2.35pm – 3.10pm
Real Estate Regulatory Authority & Appellate Tribunal
· Legal Implications of the Bill
· Powers & Functions of Regulatory Authority
· Powers & Functions of the Appellate Tribunal
· Offences and penalties
Q&A for the Delegates
Speaker: Advocate Anil Harish – D M Harish & Co.
Session 3: 3.10pm – 3.45pm
Registration with the Regulator & Its Compliances
· Formalities of Registration as Developers
· How to get the Project Listed / Website of the Regulator
· How to get Redressal if Regulator refuses Registration
· Construction Compliance as per Regulatory norms
· Obligations of Promoter
Q&A for the Delegates
Speaker: Mr Ramesh Prabhu – Maharashtra Societies Welfare Association
Session 4: 4.15pm – 4.40pm
Foreign Direct Investment: How the Bill helps bring in FDI
· Global scenario of similar bill: challenges faced, benefits reaped.
· How does regulation attract foreign Direct Investment
Speaker: Sr Financial Expert from Private Equity Company, TBA
Session 5: 4.40pm – 5.15pm
Statistics & Analytics: Present to the Future
· Current Real Estate scenario
· Impact of the bill
· Will the future be a ‘silver lining’ or ‘Chakravyuh’
Q&A for the Delegates
Speaker: Mr Pankaj Kapoor – Liases Foras
Session 6: 5.15pm – 6pm
The Balancing Act: PANEL DISCUSSION & Questions from the Audience
· Appeasement of the Primary market , no check on secondary market!
· Will this regulation lead to more corruption?
· What more needs to be regulated?
· Are the Developers being given a fair deal?
Overview of the Conference:
The Draft Real Estate (Regulation & Development) Bill, 2011 seeks to establish a regulatory oversight mechanism to enforce disclosure, fair practice and accountability norms in the real estate sector, and to provide adjudication machinery for speedy dispute redressal. This Act is in pursuance of the powers of Parliament to make laws on matters enumerated in the Concurrent List namely, transfer of property other than agricultural land; registration of deeds and documents, and contracts including partnerships, agency, contracts of carriage, and other special forms of contracts, but not including contracts relating to agricultural land. The Bill is expected to ensure greater accountability towards consumers, bring transparency and fairness in transactions and reduce frauds and delays significantly. The Bill is also expected to promote regulated and orderly growth through efficiency, professionalism and standardization. It seeks to ensure consumer protection, without adding another stage in the procedure for sanctions.
This Conference aims to bring together senior experts from the Real Estate Industry to discuss and debate the benefits, legalities and efficacies of this bill. According to Union Housing and Urban Poverty Alleviation Minister Kumari Selja, they are hopeful of introducing the bill during the winter session of Parliament. Hence this conference hopes to open up the Pandora’s box, demystify the myths and open a channel of discussion among the Real Estate Fraternity. Our team of distinguished speakers will not only provide their valuable insights but also address concerns of the real estate fraternity.
Who Should Attend:
Ø Real Estate Developers / Promoters
Ø Project Developers / Construction Companies
Ø Legal Heads / Law Firms
Ø Investment Heads / Bankers
Ø Finance Professionals
Ø Consultants / Advisory Firms
Agenda & Confirmed Speakers: 30th November 2011
Session 1: 2pm – 2.35pm
Transparency in Land Selling: What does a Developer need to do
· Enforcing disclosure, fair practice and accountability norms
· Builders Registrations with the Real estate regulatory authority
· Disclosure of Construction as per approved plans
· Setting up escrow banking accounts , Provision of refunds to homeowners
· Inviting Bookings and Advances
Q&A for the Delegates
Speaker: Mr Niranjan Hiranandani* - Hiranandani Constructions
Session 2: 2.35pm – 3.10pm
Real Estate Regulatory Authority & Appellate Tribunal
· Legal Implications of the Bill
· Powers & Functions of Regulatory Authority
· Powers & Functions of the Appellate Tribunal
· Offences and penalties
Q&A for the Delegates
Speaker: Advocate Anil Harish – D M Harish & Co.
Session 3: 3.10pm – 3.45pm
Registration with the Regulator & Its Compliances
· Formalities of Registration as Developers
· How to get the Project Listed / Website of the Regulator
· How to get Redressal if Regulator refuses Registration
· Construction Compliance as per Regulatory norms
· Obligations of Promoter
Q&A for the Delegates
Speaker: Mr Ramesh Prabhu – Maharashtra Societies Welfare Association
Session 4: 4.15pm – 4.40pm
Foreign Direct Investment: How the Bill helps bring in FDI
· Global scenario of similar bill: challenges faced, benefits reaped.
· How does regulation attract foreign Direct Investment
Speaker: Sr Financial Expert from Private Equity Company, TBA
Session 5: 4.40pm – 5.15pm
Statistics & Analytics: Present to the Future
· Current Real Estate scenario
· Impact of the bill
· Will the future be a ‘silver lining’ or ‘Chakravyuh’
Q&A for the Delegates
Speaker: Mr Pankaj Kapoor – Liases Foras
Session 6: 5.15pm – 6pm
The Balancing Act: PANEL DISCUSSION & Questions from the Audience
· Appeasement of the Primary market , no check on secondary market!
· Will this regulation lead to more corruption?
· What more needs to be regulated?
· Are the Developers being given a fair deal?
No comments:
Post a Comment