Key Initiatives / Information
Developers and buyers are two sides of the same coin. However, in the Indian markets, for various reasons pertaining to lack of regulation, structured market practices, mandatory statistical back-up etc, the positions have very often not been symbiotic. However, the consumer gets the real estate products because of the developer and vice-versa. So what can CII Real estate, an industry body do to bridge this gap? We thought deeply and decided that mandatory or otherwise, the first step towards bridging this gap was to make more information available to consumers to serve as a guide during the most important and probably the most expensive buy of your life. This document is a step in this direction. Read this document that is backed by real-time information gathered by our members from different segments of the real estate space. These are online annexures that add depth to the printed document you have received. We would welcome feedback and queries. These would be answered by our industry experts to the best of our abilities. Together we can make a difference.
Confederation of Indian Industry (CII) and United States-India Educational Foundation (USIEF) announce the Fulbright-Nehru-CII Fellowships for Leadership in Management Program for the academic year 2012-2013. Indian business managers, whose employers would be willing to bear 50% (US$ 18,400) of the total cost (US$ 36,800), may compete to attend this specially designed management program at the Carnegie Mellon University’s Tepper School of Business in Pittsburgh from May 23 to July 31, 2012. Aimed to broaden overall perspectives and to strengthen strategic, functional and leadership skills in global business, this program combines classes with group work, industry visits, and networking.
Complete announcement matter and application materials are available at USIEF website www.usief.org.in.
November 15, 2011 is the application deadline.
76th CII Northern Region Business Outlook Survey is a quarterly study conducted to gauge the sentiment in the economy. Earlier, the survey was conducted bi-annually, but from the 74th Survey onwards the study is conducted on a quarterly basis in order to get a more frequent indicator of business sentiment. The current survey gives an outlook on business sentiments for the first quarter of 2011-12 as compared to the last quarter of 2010-11.
The travails of the global economy appear to be still not behind us, despite gradual recovery during 2010 from the worst global
economic conditions since World War II. Continued fiscal and debt burdens vitiate the recovery process, imparting a degree of
fragility and uncertainty to global economic conditions. The world needs a new source of growth and stability, and India, a
rapidly growing economy with strong internal demand, offers a new opportunity.
India remained relatively untrammeled by the developments in the Eurozone and reverted to close to 9% GDP growth rates in
2010. Growth was broad-based across all sectors, including agriculture, manufacturing and services. Public commitment to
calibrated exit from expansionary fiscal policy and continued corporate and household confidence have helped sustain a
virtuous growth cycle. The resurgence of the rural economy and intensified infrastructure mission further strengthened the
foundations for medium-term growth propensities.
Consulting / Advisory Services
Spearheading the Green Building movement in India is the Indian Green Building Council (IGBC) part of the Confederation of Indian Industry.
IGBC has launched rating programmes to conceive, design & construct buildings as green buildings. In light of this, IGBC has launched green building rating system for New Construction (Government, Commercial, Institutional buildings, etc), Core & Shell (IT Parks, Malls, etc), Homes and Factory Buildings.