Under the aegis of Ministry of Housing and Urban Poverty Alleviation, Govt. of IndiaNational Real Estate Development Council

Focus ‘Gurgaon-Manesar and Noida-Greater Noida’

‘PREFERRED DESTINATION FOR COMMERCIAL REAL ESTATE’

Conference on

rdFriday, 23 January 2015

9.30 am to 5.00 pm

India Habitat Centre, Lodhi Road, New Delhi

The growth rate of services sector in the GDP of India is forecast at 7 percent in the year 2014-15 against 6.8 percent in 2013-14. The share of services in GDP has increased from 57.5 percent in 2010-11 to 59.9 percent in 2013-14 and this is expected to increase further. The contribution

of services in the development of Central NCR has also been significant and the private sector has played a significant role in the emergence of Gurgaon –Manesar and Noida-Greater Noida as regions of growth. Gurgaon is the home of nearly 550 companies including 290 fortune 500 ones and Noida- Greater Noida is recognized as one of the best cities in the NCR, is the home of IT, ITes, media & entertainment companies and education. This has led to increase in population of Gurgaon- Manesar and Noida- Greater Noida to 10.42 lac and 9.74 lac respectively as per census 2011. Proximity to the national capital has been responsible for planned development of these 2 regions.

With the objective to enhance and strengthen the attractiveness of these 2 regions for unrivalled growth and expansion of services sector in the coming years, NAREDCO is organizing a Conference on 'Preferred Destination for Commercial Real Estate' with a focus on 'Gurgaon- Manesar and Noida- Greater Noida'. Office space is witnessing increase in demand from ITes companies and the key growth drivers for office space development and organized retail shall be highlighted by experts. Strengthening the infrastructure and implementing the smart city concept are expected to be major pull factors for commercial real estate and how to make this happen shall be discussed at the Conference. Global investors are also being attracted to CRE more than ever before.

In order to enrich the deliberations ,the concerns of commercial real estate relating to direct and indirect taxation and expectations from the union budget 2015-16 and how to make the Real Estate Investment Trusts (REITS) the preferred vehicle of investment for small investors in large real estate portfolios shall be deliberated. For preparing the commercial real estate developers migration to Ind AS effective from 2016-17 based on International Financial Reporting Standards, professional experts shall present the road map for smooth transition at the Conference.

With participants drawn from the world of real estate development, including those engaged in commercial real estate, marketing, finance and taxation, urban planners and architects, smart technology providers and other stake holders, the Conference provides an opportunity for brain storming the strategy to strengthen the appeal of these 2 areas for strengthening and expanding the base of services sector.

Eminent experts have confirmed to be lead speakers in the 7 Sessions during the day long Conference.

BACKGROUND

FOR WHOM

ADDRESS BY DIGNITARIES AND EXPERTS

PR

OG

RA

MM

E 9.30 am

10:00 am

10:45 am

11:30 am

12:15 pm

1:00 pm

2:15 pm

3:00 pm

4:00 pm

4:45 pm

Registration

Welcome & Opening Remarks

Address

Inaugural Address

Mr. Navin M Raheja, Chairman, NAREDCO & CMD, Raheja Developers Ltd.

Mr. Rama Raman, Chairman & CEO, New Okhla Industrial Development Authority & Greater Noida Industrial Development AuthorityMr. Brijendra Singh, IAS, Chief Administrator, HUDA

Mr. Shankar Aggarwal, IAS, Secretary, Ministry of Urban Development, GoI

**

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Session 1

Lead SpeakersOffice Space- Current Trend and Growth Opportunities in the next 5 years

Mr. Vikas Kalia, National Director, Office Services, India, Colliers International Ms. Nidhi Gupta, Head-North, NASSCOM

Session 2

Lead SpeakersOrganized Retail – Emerging Trends and Way Forward

Mr. Pankaj Renjhen, MD Retail, JLLMr. Ankur Bisen, Senior Vice President, Technopak Advisors Pvt. Ltd.

Session 3

Lead SpeakersKey drivers for growth and expansion of Service Sector in Central NCR

Comparative Strengths of Gurgaon-Manesar and NOIDA-Greater NOIDAMr. Sachin Gulaty, Head, Valuations, Strategic Consulting, JLLFocus on Strengths of Gurgaon – ManesarDr. Kunal Banerji, CMO, M3M India Ltd.Enhancing the appeal of NOIDA-Greater NOIDAMrs. Vidya Basarkod, President, Jaypee Infratech Ltd.

Session 4

Lead SpeakersCommercial Development in Smart Cities

Prof. Jagan Shah, Director, National Institute of Urban AffairsMr. Vince Berkhout, Executive Director, AECOMMr. Shailesh Pathak, Executive Director, Bhartiya Group

Session 5

Lead SpeakerREITS- a new era in financing real estate and other options for funding CRE

Mr. Sumit Abrol, Executive Director, GrantThornton India LLP

Session 6

Lead SpeakerImpact of recent direct and indirect tax changes

Mr. Arun Chhabra, Partner, Walker Chandiok & Associates

Session 7

Lead SpeakerInd AS Impact on Commercial Real Estate

Mr. Neeraj Sharma, Partner, Walker Chandiok & Co LLP

Conclusion & Vote of ThanksMr. Parveen Jain, Vice President, Naredco & CMD, Tulip Infratech. Pvt. Ltd.

*Awaiting Confirmation

About NAREDCOFormed in 1998 under the aegis of Ministry of Housing and Urban Poverty Alleviation, Govt. of India, NAREDCO is the apex national organization representing all stakeholders of real estate. The Union Minister of Urban Development, Housing and Urban Poverty Alleviation is its Chief Patron and 6 members on the Governing Council are nominated by the Ministry. NAREDCO works towards creating an environment conducive to growth of real estate industry and urban habitats in partnership with Industry and Govt. through advisory and consultative processes. NAREDCO was formed with the mandate to induce transparency and ethics in real estate business and transform the real estate industry into a mature, professional, modern and globally competitive industry. In this connection it strives to be the leading advocate to develop standards viewed crucial for healthy growth of organized real estate industry in the country.

REGISTRATION FEERs. 4,000/- per person (Inclusive of Service Tax).

The registration form duly completed along with cheque in favour of 'National Real Estate Development Council' be sent to NAREDCO latest by 15th January 2015.

FOR MORE DETAILS CONTACT:

Suneel Sehgal, Deputy Director General M: +91-9911697301 Tel. 011- 41608570 Email: suneel@naredco.in or info@naredco.in

Neeraj Bajpai Asst. Director General M. +91- 9958822261 Tel. 011- 41608570 Email: neeraj@naredco.in or info@naredco.in

National Real Estate Development CouncilFirst Floor, 8 Community Centre, East of Kailash, New Delhi-110065T: +91-11-2622 5795, F: +91-11-2622 5796Email: naredco@naredco.in Web: www.naredco.in