The National Real Estate Development Council (NAREDCO) Maharashtra Chapter will host The Real Estate Forum (TREF) 2024, a key event aimed at driving growth in India’s residential sector. Scheduled for August 29, 2024, at Hotel Trident, Mumbai, the forum will feature JLL as its knowledge partner and is anticipated to attract over 500 industry professionals.
The event will be honored by the presence of notable dignitaries, including Maharashtra’s Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnavis, and Housing Minister Atul Save. This third edition of the forum is set to be a major highlight, offering a platform for discussing the latest trends and opportunities in the real estate sector.
Prashant Sharma, President of NAREDCO Maharashtra, expressed his excitement about the forum, emphasizing its importance in shaping the industry’s future. He noted that the event aims to address critical challenges and opportunities, including advocating for policy changes to support the real estate sector.
Dr. Samantak Das, Chief Economist and Head of Research and REIS at JLL India, highlighted Mumbai’s potential for growth, citing the completion of major infrastructure projects and the upcoming Navi Mumbai Airport as key drivers. He projected that Mumbai’s residential sales value will exceed INR 1.35 lakh crore in 2024, with a growth rate of around 6.8% annually, reaching over INR 2 lakh crore by 2030.
The forum will feature keynote speeches, panel discussions, and workshops on a variety of topics such as government policies affecting real estate, the diverse residential market, redevelopment challenges, real estate financing trends, and proposed amendments to RERA 2.0.
Participants will engage in sessions covering:
- Government Policies Driving Real Estate: MahaUrban Revolution@2047
- Opportunities Beyond Residential Real Estate
- Diversity in India’s Residential Market
- Challenges and Opportunities in Mumbai’s Redevelopment
- Trends in Real Estate Financing
- Amendments Needed in RERA 2.0
Recent reforms and initiatives have revitalized the Indian housing market, leading to record home sales and increased home ownership. Developers are calling for further reforms to enhance transparency and streamline the buying process.
The Real Estate Forum 2024 promises to be a pivotal event, offering a comprehensive platform for industry leaders to discuss and influence the future of the residential sector and beyond.
