CREDAI Karnataka announces CREDAI STATECON 2019 to discuss various reforms of real estate sector 

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B S Yediyurappa, Chief Minister of Karnataka to inaugurate the two-day conference to be conducted on “Housing for All – Agility in the Changing Landscape”

Bengaluru, November 12, 2019: CREDAI Karnataka (Confederation of Real Estate Developers Association of India) announced CREDAI STATECON 2019 – a state-level real estate convention to be held on November 14 and 15, 2019 at Hotel Four Seasons Bangalore. The two day convention will witness developers from different c8hapters of CREDAI Karnataka. The conference will be organized on the theme “Housing for All – Agility in the Changing Landscape” and will have panel discussions on various issues pertaining to the real estate sector in the country.

B S Yediyurappa, Chief Minister of Karnataka, will be the Chief Guest at the inaugural event along with the host of other ministers. CREDAI STATECON 2019 is an annual event organized by CREDAI Karnataka chapter and brings together all the developers from the state to discuss the different aspects of real estate sector. The two day event will throws light on the recent developments in the sector, challenges, trends and plans for the future. A host of thought leaders from real estate industry will be part of the panel discussions at the STATECON 2019 along with key decision makers who will discuss about the issues that confront the real estate sector in Karnataka.

Key Note and Panel Discussions:

·        Housing for All – Agility in the Changing Landscape

·        Ease of Doing Business: Housing for All in Karnataka

·        Future of RE Investment & Finance in Karnataka

On inaugural day, discussions will be held on current real estate scenario and future of the industry in the state viz. ‘Ease of Doing Business – Housing for all in Karnataka’ and `Future of Real Estate Business, Investment & Finance in Karnataka’ and `Marketing Tools’.

On the second day, there will be brainstorming discussion on Start Ups with active participation from Youth Wing of CREDAI Karnataka. Shi. Nalin Kumar Kateel, State President, Bharatiya Janata Party will inaugurate the conference on the second day. This will be followed by motivational speech by renowned International Management and Spiritual Master Swami Swami Sukhabodhananda.

Talking about CREDAI STATECON 2019 and real estate sector in Karnataka, Dr. V K Jagadish Babu, Chairman, CREDAI Karnataka said, “CREDAI STATECON 2019 is one of the unique conventions organized to bring all our member developers together. Karnataka has been witnessing enormous growth in terms of real estate sector. Alongside Bangalore, the other tier 2 and 3 cities in the state have started witnessing demand for residential projects in the affordable, mid and luxury segments. Expansion of most of the IT companies in these cities coupled with evolution of startup firms in these markets have definitely given a boost to the sector. Also, since housing is one of the basic necessities, people have started investing in real estate properties majorly, thanks to our prime minister and his initiatives on affordable housing segments”.

Commenting on the real estate investments in Karnataka, Austin Roach, President, CREDAI Karnataka said, “Investor community are showing great interest to invest in Karnataka owing to the growth offered by the state. Bengaluru, the Silicon Valley of India, has always shown demand for housing projects and, the expansion of MNCs in the tier 2 and 3 cities has increased the inflow of talent in these locations thereby, raising the demand for homes in these cities as well. Stable real estate rates, quality, high returns on the investments attracting many foreign investors to invest in the residential and commercial projects in the state.”

Highlighting on organizing STATECON 2019 Kishore Jain, President, CREDAI Bengaluru said, “These kinds of conventions always help us explore and exchange our ideas and innovate new ways to help our customers. We discuss policies, customers benefit and ways to improve our services. With marquee announcements, real estate sector is undergoing a lot of changes and amendments and this will enhance the sector in the future. These enhancements will improve the industry further and benefit the customers.”

Other Ministers who will be present at the STATECON 2019 are SGovind M Karjol, Deputy Chief Minister, Govt. of Karnataka, Laxman S Savadi, Deputy Chief Minister, Govt. of Karnataka, Dr. C N Ashwath Narayan, Deputy Chief Minister, Govt. of Karnataka, Jagadish Shettar, Minister for Large and Medium Scale Industries, Govt. of Karnataka, R Ashoka, Minister of Revenue, Govt. of Karnataka, Basavaraj Bommai, Minister for Home, Govt. of Karnataka, V Somanna, Minister for Housing, Govt. of Karnataka, C C Patil, Minister for Environment, Govt. of Karnataka, M Goutham Kumar, Mayor, Bengaluru.

Satish Magar, President, CREDAI National, Irfan Razack , Past Chairman, CREDAI National, R Nagaraj Reddy, Vice President, CREDAI National, A Balakrishna Hegde, Mentor, CREDAI Karnataka, Dr. V K Jagadish Babu, Chairman, CREDAI Karnataka, Austin Roach, President, CREDAI Karnataka, Kishore Jain, President, CREDAI Bengaluru will be present in the conference.