Nutritious and Tasty Milk coming from the House of Bidada foods

Taking inspiration​​ from the traditional ethos – Bidada Foods has launched India’s first Panchamrit based drink. With launch in other cities, it is now set to offer the nutrition with the launch of ‘Panchamrit’ in Gurgaon now. Panchamrit Energy packs the goodness of pure milk blended with natural ingredients like elaichi, kesar, tulsi, javitri, laung, jaiphal, honey etc to make a delicious and healthy drink.

Panchamrit has a very sacred role in India’s ancient history and mythology. Bringing this recipe and it’s proven health benefits to every household is the vision of Bidada Foods.

“Panchamrit Energy’s aim is to cater to essential dietary requirements of all age groups. The product offers optimum fat content with necessary nutritional intake and is easily digestible. It also provides instant energy and is a very healthy breakfast option” says Mr. Kapil Bidada, Director Bidada Foods. With a vision to reach every household within the next 3 years, Kapil plans to make Panchamrit Energy a Global Brand.

The product is not only high on the nutritional aspect but is also a very tasty alternative to products being sold in the market currently.

Being the first of its kind product, panchamrit Energy is all set to re-define the nutrient based health drinks and is going rejuvenate the idea of a milk based health drink. It will be available in nearest grocery stores in Gurgaon now.

 

Mr Varun Gupta

Clicktable is venture of the 33 year old, Varun Gupta, a computer engineer from Purdue University, USA and an MBA from Columbia University, New York. For the last 10 years, he has also been involved in his family business – Kent RO Systems Ltd, the largest water purifier brand in India. The idea clicked to him when he was repeatedly denied a reservation because of unavailability at an award-winning restaurant in South Delhi. Realizing that table availability should be more transparent with prospective diners and finding that nothing like such existed in the Indian market, he decided to do it himself. The perpetual hunt of a foodie to dine at his desired restaurants is never ending. But nothing ruins a perfect dining experience than having to wait to relish one’s favorite food simply because the restaurant is full.

Healthcare likely to touch US$280 billion by 2020, Medical Device Industry may reach US$6 billion size by next year

Govt to spend 2.5% of GDP on Health up from 1% which will grow the Indian Healthcare Industry & Healthcare likely to touch US$280 billion by 2020, Medical Device Industry may reach US$6 billion size by next year: Anupriya Patel

Minister of State, Ministry of Health & Family Welfare, Ms. Anupriya Patel on Wednesday forecast that the size of healthcare industry would be scaling up at US$280 billion by 2020 from current estimated level of about US$100 billion with new National Health Policy being in place which incentivizes the health industry in general both in public and private domain as the government would spend 2.5% of GDP on Health up from 1% which will grow the Indian Healthcare Industry

While inaugurating a 5th Annual Conference: PharmaMed HD 2017-Drug, Devices & Delivery-A360 Degree Approach under aegis of PHD Chamber of Commerce and Industry here today, the Minister also exuded confidence that with new administrative dispensations in place, health for all would be imperative as the government is attaching top priority on it as a result the healthcare industry is likely to grow at 23% CAGR which would propel its size to estimated US$280 billion in next few years.

According to her, “the medical device industry would also witness phenomenal growth with its flagship programme of Make in India.  It is estimated that the medical device industry would double its growth prospects and reach an estimated level of US$ 6 billion from current level of little over US$3 billion”.

The Minister promised several policy initiatives that would gradually be added on to policy documentation relating to health sector as the government is committed to provide health for all and in this direction it has already altered the deadline for elimination of tuber-clauses which was earlier set at 2030 to 2025 which shows the pace with which the NDA government would fulfill its health targets.

Later on speaking at the conference Joint Secretary, Department of Pharmaceuticals, Mr. Sudhansh Pant also assured industry that inadvertent duty structure for healthcare is being corrected with each passing day and such anomalies would continue be addressed by the government until eliminated.

The conference was also addressed by Deputy Drug Controller of India, Ms. Swati Srivastava; Vice President, Sun Pharmaceutical Industries Ltd., Mr. Azadar Khan; Principal Advisor, Indian Medical Association, Dr. N V Kamat and Chairman & Co-Chairman, Health Committee, PHD Chamber, Mr. Nishant V Berlia and Mr. Himanshu Baid along with its Director, Mr. Vivek Seigell among others.

HELMET SAFETY: GENUINE OR FAKE

Take Safety In Your Hands With ISI Certified Helmets

Most accidents that result in head injury are fatal. It is a great tragedy of personal loss and heartbreak when a loved one is lost in the blink of an eye because they did not wear a helmet!  Well, certified helmets are proven to reduce the risk of death by 42 percent and severe injury by 69% in the event of a crash. So be alert and aware of the substandard helmets being sold!!!

As spending capacity of rural and semi-rural area is increasing day by day, India is becoming a big market for automobile Industry. This is acting as a magnetic factor and attracting a lot of players in the helmet manufacturing industry too. India being a lucrative market for the automobile sector automatically makes it a win – win situation for the helmet manufacturers as it boosts the demand and road safety concerns- which obviously becomes the prime concern.

But is the rider’s safety genuine or fake is the big question with the market being flooded with substandard helmets.

Culture of safety absent on Indian roads

India is an emerging market with lot of potential for helmets with reference to helmet standards. Going by the current statics over  75%  to 80% of helmets used by two-wheeler riders across India do not meet ISI standards, the market is flooded with sub-standard products that compromise on safety despite a fourth of all road deaths involve two-wheeler occupants.

Moreover, regardless of the fact that wearing a helmet is a good way to ensure safety; in our country riders underestimate its role too and tend to buy cheap headwear, which does not protect them well. And unfortunately this is giving rise to the substandard helmet manufacturers.

The estimated demand for helmets is around 90 million pieces per annum. And this gap should be filled by those players who are the brand leaders in the helmet industry. They are the ones who spend a lot of money on R&D to develop new products to meet the customer requirements covering the entire spectrum.

Government, social activists and workers are also contributing to using ISI marked helmets

All countries, regardless of how developed they are, have a basic obligation to ensure that people are well taken off. Hence, if the system fails, then all of society suffers the consequences. Protecting ourselves is a moral and ethical obligation each of us has. And law should be one and for all!

In countries such as ours where helmet compliance is high, success is always built on two essential initiatives: education and public awareness, teaching people why a law is necessary; and the enforcement of laws. Sadly, not everyone will comply except when they understand helmets’ importance, so it is necessary to punish those who do not obey the law.

People like Mr. Ulaas PR have put in tremendous effort in making helmets compulsory for women. He had spent is saving of 3.5 lakhs on his mission of road safety. He had surveyed 29 states and sent poor quality helmets being used by people to the PM and the President to make ISI marked helmets compulsory as it is of utmost important for the safety of the riders.

To conclude, more and more proper helmet use campaigns need to be launched in India, as standard and proper helmet use rates are extremely low. Stringent laws to should be there to ban the substandard helmets completely to induce safety on Indian roads.

 

 

Thai Furniture Ideal for Indian Market : PHD Chamber

PHD Chamber of Commerce and Industry and Royal Thai Embassy got together in a collaborative and partnership spirit to promote the furniture produced in Thailand by members of Thai Hevea Wood Association in India, given its quality and cost effectiveness for Indian market in its various landscapes.

The three organizations got together here today to explore immense possibilities for enhancing furniture exports of Thailand towards India in which the consumption of furniture is likely to gallop manifold with slogan of “Housing for All” in India becoming a stark reality in next few years.

The current market size of furniture in India is estimated close to $20 billion of which wooden furniture size is estimated around $6 billion.  Out of this $6 billion estimated wooden business size, a substantial chunk is imported from countries like Italy, Malaysia, Phillipines, Japan and China among others.

It is in this backdrop that the furniture produced in Thailand for its quality and cost effectiveness needed to be promoted in India as it is a huge market which can absorb furniture imports quite conveniently given its market size and multiplicities of income groups and that to when the Thailand is the second largest leader in the world’s furniture segment, pointed out by Sr. Vice President, PHD Chamber, Mr. Anil Khaitan.

Present among others who emphasized the supremacy of Thai furniture on the occasion and the need to promote it in market like India comprised Minister Counsellor (Commercial), Royal Thai Embassy, Mr. Tharadol Thongewang; Honorary President, Thai Hevea Wood Association, Mr. Sutin Ponchaisuree; Deputy General Secretary of Thai Hevea Wood Association, Mr. Akrain Vargapirat; Managing Director, Choosak Southern Parawood, Mr. Nikorn Likhitwangphanit and Director, PHD Chamber, Mr. Yogesh Srivastav.

The Indian companies who are engaged in the wood business showed their interest to partnering with the Thai counterparts to promote business relations with each other consisted of Alban Roux, Richwood, Try Square, Colonial Hard Woods (P) Ltd., Fabwood and the like.

Around 64% women satisfied with their work in metros; 77% women asked for more women empowerment policies: PHD Chamber Survey

According to a survey study on “Work Life and Balance & Health Concerns of Women” undertaken by PHD Research Bureau of PHD Chamber of commerce & Industry, majority of women participants (64%) stated that they were either completely satisfied or somewhat satisfied with their work at their respective work places.

Although majority of women (70%) work for 8-10 hours in a day; travel as large as 30 kilometres and devote more than an hour in travel to reach their workplaces, a positive trend in work satisfaction was seen.

However, majority of women (77%) said that Government should come out with more policies for women empowerment and implement effectively the policies for the empowerment and welfare of women in the society.

Around 5000 working and non-working women were surveyed from the metropolitan cities such as Delhi, Mumbai, Bengaluru, Kolkata and Chennai by the PHD Research Bureau of PHD Chamber during January-February 2017 through a structured questionnaire.

Of the 5000 surveyed women, 56% (2800) respondents were working women while 44% (2200) were non-working women.

Interestingly, the majority of women (84%) reported that they devote 2-4 hours in household work and 49% said that they have domestic help to do household work.

However, little support was seen coming from family members in running household errands with women, reflecting on the fact that the sole responsibility of home management has been always been on the lady of the house.

The survey study is an endeavour to explore and strike a balance between work, life and health status of women in India. It explores the efforts made by the employer to provide a healthy work environment for their female employees.

 

 

FACT SHEET
·         63% of women reported absenteeism from work due to health issues
·         41% women reported cold, cough and fever as the main reason for missing work
·         Around 27% women reported aches and pains as the main health concern.
·         52% of women spend less than 10% of their income on health
·         58% women trust private healthcare facilities more than government or local clinics
·         37% women reported a provision of 3-6 months maternity leave
·         Only 27% women reported having a dispensary with lady doctor in their workplace
·         83% of women reported having separate working toilets for then at workplace
·         69% women also had the provision of paid sick leaves at workplace
·         84% women devoted 2-4 hours for household work
·         49% reported having a domestic help for household work
·         Only 2% women reported that they had facility of crèche in their offices
·         Only 7% working women have work from home facility

Source: PHD research Bureau, PHD Chamber of Commerce and Industry

The findings elucidate that a majority 63% women reported missing work (absenteeism) due to health issues. As many as 41% of women have  reported cold, cough and fever as the main health reason for missing work.

An equally interesting trend is the high percent of aches and pains (27%) especially back pain and headache which has also been reported widely in the survey.

An analysis of the percentage of income spent on own health showed that 52% of women spent less than 10% of their income on health, while only 5% spent more than 40.

About 2% of the respondents said that they have crèche facilities in their offices. This is a major grey area where the employers can work to provide a conducive environment to their female employees.

7% of the respondents said that they have work from home facilities in their offices. It was also found that work from home facility was availed more by women after marriage or child birth or in case of illness of a family member.

It was found that 58% women trusted private healthcare facilities more than government or local clinics.

It was revealed from the analysis that 69% of the women had a provision of paid sick leaves at their respective work places.

About 37% of women reported 3-6 months maternity benefits being given to them.

The infrastructural provision showed that 83% of women’s workplace had separate toilets for them. However, only 27% of working women reported having a dispensary with a lady doctor in their workplace.

In next 3-4 yrs mobile & biometrics will reign in digital trnasactions in India : ceo, niti aayog

 

 India will witness exit of debit and credit cards in next three to four years as a vast majority of its digital transactions would happen through mobile wallet and biometrics modes as it has begun to embrace use and applications of technologies with such a faster and accelerated pace, according to CEO, NITI Aayog, Mr. Amitabh Kant.

Speaking on the occasion of an interactive session on Fostering International Economic Cooperation that preceded the well known Ambassadors’ Meet of the PHD Chamber of Commerce and Industry here on Friday, Mr. Kant declared that India would continue to globalize and dismantle rules and regulations that halt inbound investments as also create conditions for expansion of its economy.

India, according to him, in the last two and half years has undertaken massive reformative measures as a result in the recent past, it has witnessed 60 per cent growth in FDIs whereas in the rest of the world, FDIs shun by 16 per cent which is indicated of the fact that India has progressively reformed its statute in favour of healthier and flexible economic conditions.

“Physical banking in India is almost dead and it is adopting pervasive technologies with such an accelerated pace that in next three to four years, the digital transactions would move through mobile wallet and biometric modes completely replacing debit and credit cards”, said Mr. Kant.

“India belief in globalization and it would continue to globalize and shall never talk of protectionism as a result, it would emerge as an economy that would attract investments and growth and make India a hub of economic engagements par excellence”, said Mr. Kant.

Among others who spoke on the occasion consisted of Secretary (ER), Ministry of External Affairs, Mr. Amar Sinha; Chief Secretary, Madhya Pradesh, Mr. Basant Pratap Singh; Principal Secretary, Industries & Commerce, Haryana, Mr. Devender Singh; Acting Deputy Chief of Mission, US Embassy, Mr. George N Sibley; High Commissioner, High Commission of Canada, Mr. Nadir Patel; President, Sr. Vice President, Vice President and Secretary General of the PHD Chamber, Mr. Gopal Jiwarajka, Mr. Anil Khaitan, Mr. Rajeev Talwar and Mr. Saurabh Sanyal.

Amitabh Kant, Chief Executive Officer, Niti Aayog launched PHD Chamber’s Trade and Investment Facilitation Services (TIFS)  Portal

 Mr. Amitabh Kant, Chief Executive Officer, Niti Aayog launched PHD Chamber’s Trade and Investment Facilitation Services Portal today and said that TIFS is a unique online programme which will cater to business queries on the spot and would pave the way for a boost to trade and investment flows in India.

While launching the Trade and Investment Facilitation Services (TIFS), Shri. Gopal Jiwarajka, President, PHD Chamber of Commerce and Industry said  that the portal is to make India a USD 100 billion investment destination in the next 5 years and to enhance India’s foreign trade trajectory to the level of USD 1500 billion by 2022.

TIFS under the auspices of PHD Chamber will provide a single window information system and facilitate the flow of trade and investments in India, said Mr. Jiwarajka.

TIFS is a vital component for international trade and investment community and is envisioned to facilitate firms across the globe for trade and investments in India while simultaneously meeting India’s rapidly growing appetite for new markets to enhance trade and investments, said Mr. Jiwarajka.

TIFS is an information and advisory hub to provide requisite and detailed information to facilitate national and international business firms to invest in India; advising them on prospective business opportunities in India in general and in States and promising sectors in particular, he said.

TIFs will be very useful in reducing the time and hassle involved in appraising fruitful investments in the continuously changing economic ecosystem for the global investors. The portal is a single point-one-stop reference for existing and potential investors from around the world, he added.

With the launch of TIFS, we envisages US$ 1000 billion merchandize trade (exports and imports) and US$ 500 billion services trade (exports and imports) per annum in the next five years, said Mr. Jiwarajka.

TIFS will play a three dimensional role as an information center on all national and regional/local regulations and clearances, providing facilitative advisory services to help overcome key obstacles and strengthen key positive enablers for enhanced trade and investments and effective networking with relevant Indian and overseas agencies, said Mr. Jiwarajka.

Overall, TIFS will be different from various programs currently in force in the sense that the origin of PHD Chamber is from the states, from the grassroots and ultimate destinations of all investments are also states. Also, as majorly of the facilitation part is required by small and medium enterprises and again we have very good strength that our 70% members are from MSME sector, said Shri Gopal Jiwarajka.

How Intelligent is your RO Purifier

the zero wastage water purifier invented by domestic company Kent RO

Summers are here and blame game has started on the water supply and water quality both. In the last couple of years the problem of safe drinking water has gone from bad to worse. The drinking water problem is not just restricted to the cities in urban India but in villages too it has become a cause of concern.

35 years old Mrs Archana Singh a homemaker with family of 4 in Faridabad’s Greenfield recently switched to an RO system with zero percent water wastage. According to Mrs Singh she has got used to the certainty of collecting more waste water everyday than filtered water from her old RO system. Every time her sink collected more water than the glass she put under the RO tap. So much water wastage and that too in a place like Greenfield where hardly they were getting water one time a day for 30-40 minutes. For one litre of filtered water, her old RO purifier dumps some 3-4 liters of waste water. Initially, she has overlooked but every day when her overhead water tank emptied in the evening she got worried and started looking for a better option and finally settled for an RO with Zero water wastage technology.

Given the brackish nature of water supplied in her colony in Greenfield, is it from bore wells or from private water tankers, reverse osmosis is the only option at hand to ensure reasonable quality of drinking water. With the quality of domestic water supply being highly unreliable, dependence on reverse osmosis is growing in leaps and bounds. No wonder, some 1 million RO units get sold across the country each year.

This story is even worse in certain pockets in Delhi like Dwarka where the quality of water is even worse. Forget drinking, we don’t even dare to use this water for bathing and washing said Jitender Sharma an accounts professional staying in a posh society of Dwarka. We used to have a ultra violet purifier earlier but it was not able to remove the salty taste from the water, added Mr Raman. Today they have an RO and a water softener installed near the storage tank to have non stop potable water.

“The water scarcity in this season is a routine thing. But people do tend to waste a lot of water” a home maker from Greater Kailash Mrs Sood told. You walk in the morning and late evening in posh localities and find people watering the plants and gardens with municipal drinking water.

Knowing well the water quality is worse and in acute shortage, still there is massive water wastage knowingly or unknowingly. And this is not limited to one single city everywhere this is the state of the affairs. In country like India where over one lakh people die of water borne diseases annually getting safe drinking water has become a serious concern. With groundwater being the major source of drinking water and the fact that groundwater in one-third of the country’s 600 districts is not fit for drinking due to high concentration of fluoride, iron and arsenic, RO purifier has become the obvious choice for getting potable water. The domestic water purifiers market has positioned itself to reach each and every household with several variants to suit diverse needs. However the concern is massive wastage of water by RO purifiers which is being overlooked at large.

The biggest reason of deterring quality of water is the source of water is getting polluted.  Not just the rivers but the other sources like ponds, boring well even the municipal supplied water have effected with the rust, arsenic and other harmful minerals. The biggest effected are the river bed cities which are forced to consume water laced with harmful chemical, industry waste, coal ash, acidic water and  many more dissolved contents and minerals, salts, arsenic, fluoride which are not visible.

In the last couple of years, the water quality is going down while awareness for safe drinking water has also increased and people have shown serious concern for availability of drinking water which should be safe for human consumption.  The rising sale of water purifiers is the live example of this awareness.

However this also caused flooding of market with spurious products  The absence of reliable water standards in India further responsible for mushrooming of cheap and spurious products which have no certifications and standards. Barring handful serious players who have invested in R&D and regularly getting their product tested in international labs none is bothering even to talk any standards. The pity is user doesn’t have any parameters or tools to gauze the quality of water one gets from his purifier. And, some time it may further harmful to consume water from such unrealizable low standard product.

Besides, health factor, another woe with such spurious purifiers is wastage of millions of liters drinking water during filtration. A smart or intelligent RO is what we can say comes with Zero water wastage technology. In market there are such products one which can recover almost 100% of water however the traditional RO systems recover only 25% water and flush out 75% water during filtration. The other thing is your RO might cheat you and you end up drinking a water as all the necessary minerals and salt required for human body have flushed out without your knowledge. So what is the point for opting for an RO.

In the cities like Delhi where fetching drinking water is a big cause of concern thousand of liter water flushed out every day. On an average a family of 4 required 25 liters of filtered water for cooking and drinking. To get 25 liter of treated water one RO is wasting 75 liters of water and if we go pan India there are 1 million RO in the country collectively flushing 75 million liter  water to drain.

The water quality is also varied here in city to city one may get ground boring water while the other house is getting the tap water supplied by the local authorities. However problem is both type water are hardly fit for drinking. The presence of dissolve salts and minerals which might harmful for human are commonly found in our everyday water. Hence it is the technology which need to be taken care while switching to an RO. On an estimate a wisely chosen product can help any household to save at least 50 liters of water every day.

Hence blind fold going for any purifier is not in the best interest of the consumer and society both. Choose a water purification technology which is eco friendly which minimize the water wastage and fit for all kind of dissolve impurities in the water. Unlike choosing a television or refrigerator a water purifier selection is a specialize job.  You can’t just pick any one, it should serve the purpose.

 

 

NAREDCO’s Newly Launched Punjab Chapter Bridges The Prevailing Gaps

National Real Estate  Ddevelopment Council (NAREDCO) has launched its ninth chapter in Punjab.  We have spoken to President Parveen Jain about this new initiative of Naredco and how it will help in providing the much desired boost to real  estate sector of Punjab.

 

 

 

What is the prime objective behind launching a State Chapter in Punjab?

NAREDCO is a national platform where all the issues concerning the Real estate sector are put forward, discussed and resolved with the government. NAREDCO has been very successful in getting its recommendations implemented by the government, the recent being Infrastructure status allocated to the Affordable Housing sector.

The prime objective behind launching a state chapter in Punjab is to resolve all the local state issues and problems being faced by the end-users, developers and Real estate sector of Punjab in depth at the state level and to seek government’s support on regulatory issues for the growth of Real estate sector of Punjab. This will prove to be a boon for the people of Punjab as they can air their issues and problems to the Punjab chapter which can do proper analysis and can understand these issues at the local state level and resolve them dexterously.

With Naredco launching State Chapter in Punjab , how will it benefit the buyers and the developers in the coming days?

Punjab state chapter will be in the best position to understand, analyze and resolve the local issues and problems being faced by the buyers and developers of Punjab more than anybody else. This way it will become much easier for the buyers and developers to air their issues, grievances and recommendations for the growth and development of infrastructure, Housing and Real estate of Punjab as an entity. By understanding and resolving at the local state level issues concerning infrastructure, housing, Real estate it will pave the way for very fast development and growth of Punjab as a whole.

 Naredco already has a presence across eight States in the Country including Delhi, Maharashtra and Karnataka. How do you plan to expand your footprints in  Punjab? Are the local developers (members of NAREDCO Punjab) going to play a pivotal role in establishing the base? Name few members as well.

Yes, the local developers are going to play a pivotal role in establishing the base and improvement of real estate of Punjab as they are the best persons to know what issues, concerns and problems occur in Real estate of Punjab and they would be the best to suggest and recommend how to solve them and what measures should be taken for the improvement and growth of the real estate of Punjab. The local developers can initiate a dialogue with the state and the national government through NAREDCO to sort out all the concerning problems and issues.

By taking these actions, NAREDCO’s footprints shall be expanded automatically. The newly launched chapter has around 15-20 local development firms as members.

2016 was an eventful year, with a number of policy and regulatory   announcements. Can you throw some light on the policies that were taken into consideration by the Government? What has been the role of NAREDCO in contributing its bit in the implementation of these policies at their Pan India chapters?

2016 was a very eventful year and there were number of policies, regulatory decisions were taken on suggestions and recommendations of NAREDCO to the government. The first and the foremost major point is that ‘Infrastructure status’ as insisted by NAREDCO has been allocated to ‘Affordable Housing’ by the government. The criteria for Affordable housing are not the built up area but the carpet area whose upper limit has been fixed at sixty sq.m. The completion time period for the Affordable Housing has been increased to five years from the earlier three years. Now the tax shall be levied on Joint development agreement only after the completion. Also now the notional rent shall be levied only after one year of completion. The long term capital gain tax shall be applicable after twenty four months. Besides, the indexation shall be applicable now from the year 2001.

Having been given Infrastructure status to the Affordable housing sector shall boost the real estate sector tremendously due to various advantages it offers giving a solid push to the supply of affordable housing to meet the ever increasing demand of the masses and in consonance with the government’s mission of ‘Housing for All’. Policies like RERA ( Real Estate Regulation Act ) shall streamline the procedures in a systematic way and REITS ( Real Estate Investment Trusts) shall inculcate the interest of the investors in Real estate to a great extent reviving the market.

A Policy is successful only when both buyer and developer are satisfied. Do you think that these policies will be beneficial for both the buyer as well as the developer?

 Yes these policies are majorly buyer and developer friendly, the biggest of them all being the Infrastructure status to Affordable Housing and its associated benefits. Affordable Housing demand is the maximum in today’s scenario for the masses and by these policies, more and more people shall be in a position to afford them and for the supply part the developers have also been placed in an advantageous position to go for the Affordable housing and reap good results. RERA (Real Estate Regulatory Act) has been brought in to streamline the process in a systematic way and REITS (Real estate Investment Trusts) will inculcate more interest in people to invest in Real estate.

There is a mammoth slow down in Punjab Real Estate Sector. As a result, people are skeptical about investing in the State. Do you expect the scenario to be better in 2017?

Yes, the scenario is expected to change for the better in the coming times due to the newly launched NAREDCO chapter of Punjab and due to the new policies like RERA, REITS etc as explained above.

The Indian Real Estate Industry has immense potential.  According to you where does Punjab stand when it comes to the Real Estate Sector? 

As discussed above, the situation is going to improve for much better times for growth and development of infrastructure of Punjab positively utilizing the immense potential which the Real estate has.