Navin Raheja And His Contributions

Navin Raheja is the Chairman of one the most influential organisations in Indian realty which makes him the perfect voice of authority to describe the king of real estate in the country. NAREDCO (The National Real Estate Developmental Council) has been pursuing the urgency to facilitate ease of doing business in the real estate sector in line with the Government objective to usher an era of faster economic growth. In this connection, the two important initiatives are submission of practical action plan for online clearance of projects and scrapping case to case clearance of real estate projects and granting environmental clearance for a development region with approved Master Plan. Since all constructions will be required to be in terms of the Master Plan, the powers for standard clearances should be delegated to the Municipal Agencies. Navin Raheja is also working in partnership with the Government to promote the mission of Housing for All by 2022. In this connection, promoting PPP (Public Private Partnership) model is desirable where the Government should focus on making land available and providing basic external services as its contribution. Equally important is financing the EWS(Economically Weaker Sections) and the LIG (Low Income Group) households. Other models are also to be followed. Briefly stated, developers shall be attracted to work for the Mission provided it is a win-win proposition for both - the Government and the developers. NAREDCO Women Realty Awards 2015 introduced by Navin Raheja recognises the contribution of women professionals engaged in various fields of real estate. The award felicitates women professionals for their outstanding achievements in various categories of real estate. The winner of the awards shall be determined by an independent panel of eminent jury members from shortlisted nominees in each category. Further, to accelerate economic growth and create new employment, land acquisition for construction of industrial corridors, PPP and infrastructure projects speedily without being embroiled in delays, plugging loopholes in the earlier Land Acquisition Act, 2013 have been carried out. It is significant that for the first time 13 Acts, most commonly used to acquire land, have been added to the new Act now. These acts cover for national highways, railways including metro rail, electricity related projects etc.