The LegalEra Real Estate Restructuring, Project Finance & ADR Forum 2012, Mumbai
It wasn’t long ago that the bursting of UAE’s real estate bubble put the world economy in a tizzy. With developed economies already in the throes of recession, this additional blow was difficult to digest. Indian real estate companies were feeling the pinch with prices crashing and not many buyers lining up at the doors of developers selling prime properties.
However, the real estate economy in India not only survived, but grew, thanks to a financial sector that was willing to lend to genuine buyers. World Bank President Robert Zoellick was quoted as saying that the high level of growth in India was helping the global economy recover. The year 2009-10 saw India grow at 7.4%, as against 6.7% in the previous year. Demand is expected to grow at a compound annual rate of 19% between 2010 and 2014.
Much of the excitement about the Indian real estate sector has been due to FDIs—over 11% of FDI in India in 2010 was in real estate. Yet the flow of FDI has declined significantly, and this could be because of the legal and commercial difficulties in India. Keeping this in mind, the upcoming LegalEra Real Estate Conference, will concentrate on the real estate sector and laws relating to it, specially focusing on Restructuring Laws and Alternate Dispute Resolution (ADR).
The conference is addressed to an audience looking to understand and discuss the future outlook of India’s growing real estate sector, investment and financing opportunities and the legalities helping and hampering its growth. Speakers and panellists will range from industry experts and professionals from the real estate sector, to government officials & policy makers, and real estate law specialists. Participants will get an opportunity to debate and gain knowledge on topics such as exit rights, security interests, trends in infrastructure financing and dispute resolution mechanisms. Interactions will take place in the form of one-on-one meetings, speed networking, workshops, panel discussions, strategic topical sessions, case studies and virtual conferences.
Event organizer: LegalEra – Legal Media Group
- resilience of real estate bubble in mumbai