REALTORS / BROKERS who are the interface with the consumers in the transaction processes are the most important human resource and link in the business chain. They provide the advice, information and negotiate the deals and in short, make the markets. Unless this segment of the real estate industry is reformed and elevated to international standard practices, investor confidence will be difficult to emerge. Ultimately, on the one hand, it is the globalised investment opportunities in Indian economy which are at stake and on the other, the end consumers.
India has several thousands of realtors or brokers operating in over 35 metropolitan cities. They represent interests of large corporations on the side and domestic consumers on the other. NAR-INDIA has been fashioned not only as a single national level umbrella organisation representing the interests of thousands of REALTORS/BROKERS operating all over the country, but also an organization which aims to elevate standards of practice of the real estate brokerage business to a global level where ethics, transparency, accountability, rule of law and good governance prevail.
NAR-INDIA is the voice of Realtors in India. Leading realtors from Coimbatore formed a new association called COIMBATORE ASSOCIATION OF REALTORS (COAREA) in affiliation with NAR INDIA. Mr.K.Jayaraman, Partner M/s Kovai Prop Link Services is the Chairman for this assoiciation and functioning in the address of 175, 7th Cross HUDCO Colony, Tatabad, Coimbatore 641 012 . The following are the ethic and code of practice. NAR-INDIA is the voice of Realtors in India. Leading realtors from Coimbatore formed a new association called COIMBATORE ASSOCIATION OF REALTORS (COAREA) in affiliation with NAR INDIA. Mr.K.Jayaraman, Partner M/s Kovai Prop Link Services is the Chairman for this assoiciation and functioning in the address of 175, 7th Cross HUDCO Colony, Tatabad, Coimbatore 641 012 . The following are the ethic and code of practice.
To regulate the trade of Real Estate Agents in Coimbatore District.
To attend to the welfare of the Association and its Members of the Association may have ant to have their grievances redressed.
To regulate the trade of Real Estate Agents and to introduce norms and principles of business among themselves and with those may interact with the members of the Society.
To provide a centralized information center for the Association members and to own an Office for this purpose and to provide modern infrastructure and to create facilities for the members to have their business transacted.
To provide necessary business report to the clients of the members.
To resolve any dispute among the members of the Society and to resolve any dispute that the member or members may have outside by arbitration procedure.
To modernize and endorse the professionalism of real estate brokerage in the state of Tamil Nadu and across the country, so as to accomplish simplicity, responsibility, reasonable trade and moral practices, for on the whole excellent supremacy in the industry.
To benefit of public, to provide eminence service, ensuring customer satisfaction, creating credibility in the industry and facilitating profits for the practioners.
To encourage principled and customary business practices in real estate consulting across the state of Tamil Nadu by tutoring them become a successful realtor, so as to bring together all the realtors under one umbrella.
To establish a centre for interaction amongst members and clients and promotion of business as per the high industry standards based on code of ethics.
To promote co-operation between all member and persons engaged in the business of Real Estate.
To institute encourage, develop and progress all kinds of methods and guiding factors relating to the Real Estate Trade.
To undertake short term training programs for the members of the association in regard to the skills of tested techniques and to exchange new ideas to solve challenging problems.
To educate the members or persons related to the real-estate trade in the methods principles and standards to be maintained of the trade and in general to acquire a more enlightened perspective on Real Estate matters.
To conduct conferences, seminars, demonstrations, exhibitions etc. with a view to disseminating the knowledge and techniques of Real Estate investment and asset management, so that it would help the community of people involved to render better services with standard prescribed by the association.
To promote and carry out research, surveys and investigations and publish the useful results of such research, surveys and investigations which affects and benefits of the Real Estate profession.
To ensure that all members of the Association co-operate with each other and follow the Rules and Regulations lay down by the Association.
To settle disputes among members arising out of members violating the Rules and Regulations laid down by the Association.
To provide a forum for interaction amongst members to exchange views and ideas.
To provide a forum for the settlement of disputes between the members and clients members and members.
Arrange and provide for, or join in arranging and providing for the holding of exhibitions, meetings, lectures, classes, seminars and training courses.
Provided that the Society shall not support with its funds, or endeavour to impose on or procure to be observed by its members or others, any regulation or restriction which would make it a trade union.
To do all other lawful things as are incidental or conductive to the attainment of the objects of the association or any of them.
The society will not involve in political / profitable transactions.
For more details contact
Mr.K.Jayaraman, President mobile no.94432 49978
Mr.G.Kannan, Secretary mobile no. 98437 43000
"NAR-INDIA 8th Annual Convention - Aug 13 n 14, 2016 - Pullman New Delhi AeroCity - India "