The Royal Institution of Chartered Surveyors (RICS), which set up its India operations nearly three years ago, has now formed a new world region ‘RICS South Asia’ as it looks to strengthen its presence in the Asian subcontinent.
RICS India is organizing a conference on ‘Planning and Delivering Urban Infrastructure in Indian Cities’.
The Royal Institution of Chartered Surveyors has launched the RICS Valuation Standards (the ‘Red Book’) – India edition with valuation standards of global application along with India-specific guidance.
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
The RICS, an international, self regulatory professional body relating to real estate, has called for a mechanism for consumer protection and fair practices in real estate transactions. This will also help increase domestic and foreign investments in this sector.