Training Program on ‘Contract Management’ Conducted by NIREM

A two-day management development program on ‘Contract Management’ was conducted by NIREM for Mahindra World City, Jaipur on 20-21 May, 2014. Managers from diverse functional areas such as contracts, legal, MEP, IT etc. participated actively in the program.

The program focused on tender processing, contract management & administration, Key Performance Indicators, Contract Reporting, Contract Closeout, Claims, Disputed & Settlement, Alternative Dispute Resolution etc. Participants actively participated in the program and were especially interested in topics like time and cost escalation and resulting claims and settlements. Another important topics that was actively debated was the tender process and management.

Since the faculty members were highly experienced and included former Additional Director General of CPWD and Director of a leading construction company, they could throw light on each aspects of contracts. Actual and real life examples of contract clauses, claims, disputed, settlements etc. were the highlight of the two days of the training.

Mahindra Word City (Jaipur) Limited, a 3000 acres SEZ, is a joint venture between Rajasthan State Industrial Development & Investment Corporation Limited (RIICO- A State Government Enterprise) and Mahindra Lifespace Developers Limited (a Mahindra Group Company). The Project has multi-sector SEZs and Domestic Tariff Area.

NIREM is the leader of real estate education in India. It offers classroom training, distance learning programs, workshops and in-house training for companies in real estate, housing finance and construction sectors.

NIREM focuses on conducting need based training program various topics related to real estate, housing finance and construction sector. In the series, NIREM is organizing a training program on ‘Property Documentation’ on 15^th July, 2014 at New Delhi. For further details, please contact at 07827884220 or Nirem.india@yahoo.com

NIREM organized training program on 'Effective Marketing of Properties to NRIs'

NIREM Institute of Real Estate Management conducted a one-day training program on ‘Effective Marketing of Properties to NRIs’ at Delhi on 27^th May, 2014. It was a huge success considering the participation from top property developers, property consultants, online real estate companies, media etc.

Few of the organizations that sent their senior management team for this training program are Emaar MGF, OMAXE, Times of India, Magic Bricks etc.

While starting the program, the Program Director Dr. Pinaki Dasgupta said “the Indian Diaspora (NRI & PIO) is 25 million strong, spread across all continents and most countries of the world and possess great potential for real estate developers. NRI property buyers and investors become all the more important for Indian property developers and brokers because of the ongoing slowdown in the domestic real estate market. However property marketing firms need to know much about NRI property buyers and investors in order to market their properties successfully especially about their financial profile, investment trends and preferences, best marketing strategy to reach such targets. These issues are being covered in today’s training program on NRIs”.

On completion of the program, participants expressed their satisfaction over the newly found knowledge about NRIs and their investment trends and preferences. One of the participants said that now he would target African NRIs because of the insights about them received during the program. However another participant was of the view that now it would be much easier for him as well as his organization to target NRIs in Bay Area, US because of the efficacy of penetration of social media discussed during the program.

Overall, the program was organized quite successfully especially because of the trainers who were expert5 in their domain area such as NRIs, international marketing management, international marketing of properties, social media. Participants were quite interactive that added to the success of the program.

NIREM conducts similar need based and market oriented programs and in series the next is a training program on ‘Property Documentation’ scheduled on 15^th July, 2014. Interested participants may get in touch with NIREM at 07827884220 or mail to nirem.india@yahoo.com

Training Program on Effective Marketing of Properties to NRIs

NIREM is organizing a one-day training program on 'Effective Marketing of Properties to NRIs' on 27th May, 2014 at Delhi.

The meteoritic rise of real estate sector in India has not only caught the attention of Indian middle class but also the NRIs, spread all across the globe. There are 25 million people in the Indian diaspora around the world, most of whom are business owners with a net worth of US$1 trillion. Overseas Indians remitted US$70 billion to India in 2013.

The NRI market therefore today holds huge potential for Indian real estate developers and property consultants.

However managing a transaction related to NRIs requires a real estate professional with a unique knowledge base and skill set not only about the property transaction but also about the global business environment involving NRIs, their social and economic profile, investment and transaction trends, marketing strategy, knowledge of markets, elements of international transactions etc.

This requires real estate professionals who want to tap NRI property buyers and investors to embark on a specialized training program that can improve their knowledge about NRIs and the NRI market.

It is with the above objectives NIREM is organizing a one-day training programs on ‘Effective Marketing of Properties to NRIs’ on Tuesday, 27^th May 2014 at New Delhi.

The program director is Prof. (Dr.) Pinaki Dasgupta, Associate Professor of International Marketing, IIFT (Indian Institute of Foreign Trade), New Delhi. Prof Dr. PSN Rao, Chairman, National Association of Realtors (NAR-India) will manage one of the key sessions of the program.

This one day training program will help participants plan a better property marketing strategy and sell properties more effectively.

Prior registration in the program is mandatory. Early birds discount of 10 per cent is offered to those who register before 02^nd May 2014. Details of the program are available at www.nirem.org Interest participants may also mail to NIREM at nirem.india@yahoo.com or can call at 07827884220.

Training Program on Planning & Starting Property Consulting Business

In its objective to enhance professionalism in real estate and create a pool of knowledgeable and professionally competent property consultants, NIREM Institute of Real Estate Management has started offering a training program on ‘Planning & Starting Property Consulting Business’ on 11-12 November, 2013 at Delhi.

Through this training programs, NIREM aims to provide a knowledge platform to all those who want to start their own property consulting business. 

In the two-day program, participants are introduced to various aspects of real estate business including the right approach and method to start a property consulting business with a focus on handling customers in the most professional manner.

Few of the important topics are identifying and understanding the real estate markets, legal issues involved in property sales and transaction, coordination with builders and developers, lead generation and management, online marketing of properties, property sales skills, meeting clients’ expectation, quality in service delivery, consumer rights and protection, consultants’ rights and duties etc.

The course objective is to prepare a pool of professional real estate consultants who have thorough knowledge and competency to provide advice to clients about various aspects of property sales, purchase and investments.

Admission in this course is open to all those who want to start their own property consulting business and is offered on first-come-first-served basis. The program is scheduled on 11-12 November, 2013.

Those interested in joining the program may get in touch with the Admission Officer, NIREM at 011.42484988 or mail to info@nirem.org

Certificate Course in Real Estate Management from July, 2013

Continuing its efforts to provide trained and educated manpower to the Indian real estate sector, NIREM is starting its next batch of certificate course in real estate management from 22^nd July, 2013. The course focuses on providing a structured knowledge about various aspects of real estate business.

While the emphasis is on property documentation and transaction process, the course also includes modules on property laws & acts, real estate marketing, brokerage & transaction.

In order to provide complete knowledge to the course participants, the course also covers housing finance, property valuation, taxation in real estate, transactions related to NRIs/PIOs, regulatory issues, planning, zoning & development, Vaastu Shastra in Real Estate etc. among others.

Important issues in real estate such as acquisition and transfer of title, agreement to sale, sale deed, title search, encumbrance certificate, revenue records etc. as well as laws such as transfer of property act, stamp duty, law of contract, consumer protection acts etc. among many others shall be covered in the course.

On successful completion of the course, participants will have good knowledge of the functioning of property market and will be able to perform all steps involved in property transaction efficiently. More information about the course is available at www.nirem.org

NIREM’s real estate courses such as certificate in real estate management is suitable for existing and potential real estate professionals, those planning to start their own property related business, professionals from other sectors wishing to know or move to real estate for employment opportunities etc.

Admission is offered on first-come-first-served basis. For more details, potential candidates may call to 7827.88.4220 or mail at nirem.india@yahoo.com