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After having completed 4 successful editions, Lex Witness proudly presents the 5th Annual Edition of the Real Estate & Construction Legal Summit 2016
Date: 27th May, 2016
Venue: Le Meridien, New Delhi
About the Conference:
The Indian Real Estate & Construction sector has ever since been one of the most magnanimous fabric of the India Inc. However, the sector has seen crippled times in the recent past where it went through a serious crunch of a major reputational loss from all corners. Right from the developers’ end to the consumer, there have been sagas of mistrust and gloomy times all across. But was that all that the sector could have in its fate that is expected to touch US $180 billion by 2020?
Let us not forget the era of 100 Smart Cities and the visionary to make ‘Housing for All’ possible by 2022 has just begun and no way would this be achievable without the sector getting back to shape.
The recently announced Real Estate & Regulation & Development Act, 2016 brings in a perfect recall what the sector had probably forgotten – Consumer is the King and will always remain so. It so much so means that the sector will see a paradigm shift from a seller driven market to a buyer driven one.
While the act empowers you and me as consumers but how far has the act been a good piece of news for the developers? While the sector may be thankful to finally come out of a regulatory orphanage but does the new regulatory facia mean good for the Sector? Will the proposed Tribunal lessen or add furthermore to the cumbersome processes the sector has ever since been going through in terms of legal and regulatory hassles?
Yet another pain point that the sector has been weaning through is the financial crunch. With massive land banks in place and projects underway construction, there has been a vicious situation that the developers have been amazed with. Lack of funds, poor financial management, discouraging response from foreign investment community, loss of consumer’s interest has been some of the reasons behind.
Nevertheless, there is a sea of change in the business environment keeping in mind recent consolidations and regulatory changes that the government has introduced. Right from FDI to REITS the MAKE IN INDIA led governance campaign seems to be backed up with friendly moves in the practical sense as well. India has now become a more investor friendly market as far as real estate is concerned. But will the sector be able to maintain the transparency and accountability it needs.
Who Should Attend?
The 5th Annual Real Estate & Construction Legal Summit is on a limited seats basis. In order to attend the summit, please reserve your seat now through a formal registration. Do not forget to avail special discounts like group discounts, SILF Membership, ICCA Membership and of course as a Lex Witness Subscriber.
The summit has different registration modules for Corporates and Law Firms & Solution Providers (Domestic as well as International). Please opt for the relevant registration option and follow the simple steps ahead. For your convenience we have 3 modes to register as a delegate;
Mr. Akshay Alagh
SriGro Interactive Pvt. Ltd.
# 426, 2nd Floor,
MG Road, Ghitorni,
New Delhi – 110030
Applicable Discounts & Offers:
No two discounts can be clubbed together. Taxes extra as Applicable
The registration fee includes summit kit, access to all speakers’ presentations, certificate of attendance and a complimentary copy of Lex Witness Magazine.
Mr. Akshay Alagh
Ms. Neelima Maheshwari
Ms. Bhupinder Kaur
Lex Witness – India’s 1st Magazine on Legal & Corporate Affairs
# 426, 2nd Floor,MG Road, Ghitorni,
New Delhi – 110030