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ASSOCHAM, NAREDCO sign MoU at NAREDCO Real Estate Banking Conclave

| | Aug 21, 2014, at 03:59 am
Mumbai, Aug 20 (IBNS): ASSOCHAM and NAREDCO on Wednesday signed a Memorandum of Understanding to align strategic efforts under the aegis of the Ministry of Housing & Urban Poverty Alleviation, Government of India, to ensure a home for every Indian by 2022.

The MoU and Charter were jointly unveiled by  Rana Kapoor, President, ASSOCHAM and MD & CEO, Yes Bank, along with Sunil Mantri, President, NAREDCO, at the NAREDCO Real Estate Banking Conclave in the presence of   G.S. Sandhu, Secretary, Ministry of Finance, Govt. of India and S.S. Mundra, Deputy Governor, Reserve Bank of India.

Speaking on the occasion Rana Kapoor, President, ASSOCHAM and MD & CEO, Yes Bank said: “This MoU between NAREDCO and ASSOCHAM will empower both organisations to strategically align efforts by championing knowledge initiatives and strategic interventions in the real estate, housing, urban infrastructure and construction sectors."

"I strongly believe that positioning Mumbai as an International Finance Centre at par with global cities will help realise the city’s  tremendous growth potential and achieve the vision of actualising the vision of Mumbai as an ‘Economic Capital Region’ and hub of the Indian economy," he said.

Rana Kapoor delivered a keynote address on the steps to be taken to establish Mumbai as an Economic Capital Region and emphasised that development of Real Estate, Healthcare, Urban Infrastructure, Education and other allied sectors is essential to take this vision forward.
 

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