Be­lated wishes for In­dia’s 70th In­de­pen­dence Day.

Realty Plus - - Editor-In-Chief Note -

“As pa­tri­otic cit­i­zens, let’s put ex­tra ef­forts to per­form our own civic rights and re­spon­si­bil­i­ties.” an­nurag ba­tra PUB­LISHER & EDITOR-IN-CHIEF

The progress of a coun­try does not lie solely on its tech­no­log­i­cal achievement but, more im­por­tantly on the ac­tions of its cit­i­zens. In­dian real-estate sec­tor is the third high­est con­trib­u­tor to the In­dian econ­omy, yet is mired with con­tro­ver­sies and un­eth­i­cal prac­tices. The re­cent pol­icy changes and trans­for­ma­tions hap­pen­ing across the re­alty sec­tor bode well for the in­dus­try at large and hope­fully will bring more re­spectabil­ity to the seg­ment.

Re­alty Plus Conclave & Ex­cel­lence Awards is our own small en­deav­our in the same di­rec­tion. The con­claves are the plat­form for the em­i­nent lead­ers of the real-estate to come to­gether and dis­cuss the chal­lenges fac­ing the in­dus­try while, the awards by Re­alty Plus of­fer an en­cour­age­ment to in­di­vid­u­als and or­ga­ni­za­tions to keep up their good work.

The grow­ing num­ber of ul­tra-hnis and HNIS across In­dia are driv­ing the eco­nomic growth & pros­per­ity of the coun­try. The real-estate sec­tor too in sync, is de­liv­er­ing res­i­den­tial projects, in keep­ing with their as­pi­ra­tions and global out­look. Re­alty Plus, un­der­took an in­ter­est­ing ini­tia­tive of iden­ti­fy­ing the top 10 ul­tra-lux­ury res­i­den­tial projects of In­dia and what sets them apart.

On the other hand, Mum­bai un­af­ford­able prop­erty mar­ket is a well-known fact. In this is­sue, we try and find out the rea­sons – tan­gi­ble and in­tan­gi­ble, for what makes the prop­erty mar­ket of the city so un­af­ford­able and for that mat­ter, what de­fines af­ford­abil­ity.

The ex­clu­sive in­ter­ac­tion with Vi­nay Sah, CEO & MD of LICHFL helps throw some more light on the sub­ject of real-estate and not to for­get his own very in­ter­est­ing pro­fes­sional ca­reer.

En­joy Read­ing and hope to see you all at the Re­alty Plus Conclave & Ex­cel­lence Awards in Mum­bai on Sept. 27.

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