The Delhi Real Estate Regulatory Authority (RERA) and National Real Estate Development Council (NAREDCO) have joined hands to launch the National Institute of Real Estate Development (NIRED) – a unique forum in the country aimed at capacity building of stakeholders in the real estate, construction, and infrastructure sector.
This forum’s primary objective is to develop and build human resource capacity to enhance the quality and productivity of works in the real estate & infrastructure sector. This will cover construction, building material, new technologies, marketing, and brokerage.
This partnership, according to Anand Kumar, aims to establish a National Institute for Real Estate Development, as well as to plan and conduct training courses for promoters, builders, real estate agents, allottees, and all other parties involved in the industry.” He said
Additionally, the Real Estate Regulatory Authority of Delhi will strive to promote awareness about the Real Estate Regulation and Development Act 2016, so that all individuals can comply with the regulations outlined in the Act. The Authority will also maintain regular communication with various stakeholders to facilitate the development of the real estate industry in Delhi.
According to Rajan Bandelkar, President of NAREDCO, the apex body for the development of the real estate sector will play a pivotal role in bridging the skill gap in the sector and provide the necessary training to young professionals and other stakeholders. The institute will offer a platform for everyone to enhance their knowledge and skills, making them industry-ready and contributing to the growth of the sector.