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Naredco to hold conference on PPP in housing

National Real Estate Development Council (Naredco), under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India, will organize a national conference on “Public Private Partnership in Housing” on October 9, 2009 in New Delhi.
The conference aims to evolve innovative, transparent and hassle free Public Private Partnership models which could bring synergy between public & private sector in tackling the housing requirement of urban India, especially the urban poor.
Towards this objective, an in depth study of all available models, with their strengths and weaknesses, has been carried out and will be presented by the experts involved in it, which will help in the formulation of the proposed models. Experiences of the public bodies, private sector and public, brought out in the conference, shall also be factored in to it. Knight Frank, an international property consultant will present the outcome of their research done in this area and suggest viable PPP models.
Conference is scheduled to be held at the India Habitat Centre and several dignitaries of public as well as private sector are participating in the same. The National Conference will be inaugurated by Kumari Selja, Honorable Minister of Housing & Urban Poverty Alleviation and Tourism, Govt. of India.
According to Rohtas Goel, President, Naredco (CMD, Omaxe Ltd): “There’s a shortfall of more than 24.7 million houses in India and most of this demand comes from lower strata of our population. Despite best attempts of Government and private sector, this shortage has not been met. There is a need to synergize efforts of Government and private sector for mass social housing on a wide scale. Public Private Partnership is the need of the hour so that mass housing is made possible, houses become affordable and slums can be done away with.”
Ministry of Housing & Urban Poverty Alleviation, Govt. of India; Planning Commission, Govt. of India; United Nation Habitat; Housing and Urban Development Corporation Ltd. (HUDCO); Building Material and Technology Promotion Council (BMTPC) and leading private sector developers from across the country will be participating in the Conference.

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