CREAA day celebrated
Chennai Real Estate Agents Association – CREAA, celebrated their 17th annual day here at Chennai. As a part of the celebration, a panel discussion was held on the topic, “How the RERA – Real Estate Regulatory bill is useful for the Realtors, Developers and the common public.” Mr. Suresh Krishn, President, Mr. Ajit Chordia, Past President, CREDAI, Mr. Prakash Challa, SSPDL, Mr. Vijay Sarathi, President, NAR India, Dr. R. Kumar, FRICS, Navin Homes along with Mr. Seshadri, specialist Lawyer in real estate transactions, participated in the discussion. All the parties concerned were happy that RERA has been passed, to ensure better compliance by the builders and facilitate the buyers. However, both the sides felt that some points needed clarification and clear guidance but agreed that this was in interest of the buyer.
“The real estate brokerage business in one of the largest service sector businesses in the world and the consumer is at the centre of the activity. Providing quality and credible service is the hallmark of the profession. CREAA has evolved over a period of time, keeping in mind that the customer is king. The new demands have stemmed from the experience of service-quality which these global companies have received overseas. Similarly, the local population has also progressed and look for quality, transparency and above all security in dealing with our members. This factor has played a significant role in our way forward.” said Mr. Amit Damodar, President, CREAA-NAR India.