Tag Archives: Existing Real Estate

New Courses In Real Estate

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IDS National Institute of Real Estate Management (IDS NIREM) has come with an idea to develop human resources for the Indian realty sector focusing on Real Estate Education, Training, Consulting & Research. Acknowledging the urgent need for specialization in realty management education it recently launched a PG Diploma course in Commercial Real Estate (PGD-CRE).

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Photo by FoxtongueIt will be a one year distance learning course patterned on MBA in Real Estate. IDS NIREM also proposes the course at diploma and certificate level.

The Diploma course will be offered in two divisions. First is for those who want to commence their career in real estate including the fresh graduates and MBA’s. Second, for already existing real estate professionals who either want to amplify their learning or want to ace in commercial property sector. This course will focus on knowledge as well as practical skills to analyze, acquire, finance, and operate realty sector resources.

NIREM promises to provide PG level degree, diploma and certificate courses along with MDPs, Consulting and Research in different fields of real estate. In addition to these learning programs, it also plans to develop touchstones for real estate sector, retail & institutional investors and other stakeholders

The courses offered are:

Post Graduate Diploma Courses

  • Post-Graduate Diploma in Commercial Real Estate
  • Post-Graduate Diploma in Real Estate Sales & Agency Management

Diploma courses

  • Diploma in Commercial Real Estate
  • Diploma in Real Estate Sales

Certificate Courses

  • Certificate in Real Estate Management
  • Certificate in Commercial Real Estate

TCI Consolidates

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Leading interracial supply chain and logistics solutions provider firm Transport Corporation of India Ltd declared this week that its board advisory  have approved the consolidation of its real estate & warehousing undertaking into a new company named TCI Developers Limited (TDL).

The company sent a press statement via email saying that the demerged entity would have properties and investments with a book value of Rs 50 crore. The company presently has realty properties in major cities including Delhi, Pune, Chennai, Bangalore, Ahmadabad, Nagpur and many more.

The management conceives that the company’s Real Estate & Warehousing undertaking has the capability to expand the company’s existing real estate into commercial ventures and create a focused entity to develop large scale logistics infrastructure projects like  truck terminals,multi-modal logistics parks,  free trade warehousing zones and a lot others.

By developing a separate entity like this, the management determines to provide strategic direction and raise adequate funds for its development plans on the strength of its future profitability and growth plans in the Real Estate and warehouse construction sector.

The company’s Executive Director Vineet Agarwal said in the press statement, “Investment in realty  & warehousing is more capital intensive and yields return over a longer period of time in comparison to the services model of the logistics business. Going forward, on a long term basis we would look at raising funds from strategic investors and financial institution”.