Lamrin Tech Skills University joins hands with Real Estate Veteran to launch India’s first real estate course for Channel Partners

New Delhi, 03rd February 2023: Aiming to present expert professionals within the backdrop of the RERA –regulated real estate sector setting, Lamrin Tech Skills University joins hands with real estate veteran Vineet Nanda to launch “Steller School of Real Estate” that can provide the first-of-its-kind course “RESEED(Reinforcing Skill Education For Employability Development).” Mr. Vineet Nanda, Chairman, of the Regional Urban Infra Committee, FICCI, and Director, Sales & Marketing, Krisumi Corporation (JV of Krishna Group India and Sumitomo Corporation, Japan) has been honoured as a member of the Board of Management of LTSU, Punjab. Mr. Bhaswar Paul, a real estate skilled who has been instrumental in curating the course comes on board as a professor of observe, at LTSU, Punjab.

Vineet Nanda as FICCI Chairman who has labored on varied white Papers alongside with JLL(data companion of FICCI) represented by Akash Bansal, Senior Director, and India Lead had been engaged on a white paper to be introduced to State Governments to additional regulate the trade. The thought being put within the White Paper was to regulate the transactions made within the real estate trade between channel companions and clients. The majority of the channel companions and their staff members even those that are registered with RERA don’t possess ample data of RERA. Nor they’re nicely skilled to deal with the house/workplace patrons.

Real estate sector has matured and has grow to be far more organized and clear. As the sector matures, all of the stakeholders additionally evolve and one of many key wants for the hour, subsequently, is the upskilling of individuals concerned within the sector.

India

• MahaRERA has introduced plans to present coaching to real estate brokers. From May 1, 2023, the Authority will solely permit brokers with a legitimate Competency Certificate to register as licensed real estate brokers on its portal. It has collaborated with the Institute of Banking Personnel Selection for enterprise on-line examinations in order that real estate brokers who clear the exams may very well be given the Certificate of competency

Global

• To grow to be a profitable Real Estate Agent in Canada, One has to full a collection of Salesperson Licensing programs.
• Real estate brokers and real estate brokers are required to be licensed when conducting real estate transactions within the United States and plenty of different nations. Each state requires its personal obligatory schooling to grow to be eligible to obtain a real estate license. This entails finishing a pre-licensing schooling from an establishment accredited by the state and passing an examination. Additionally, to preserve a real estate license, states require a unbroken schooling program to be accomplished each 2-years

To tackle this hole, theSteller School of Real Estateis aimed toward offering new-age data and abilities to the younger workforce aspiring to be a part of the real estate trade and dealing professionals already on this high-growth trade.

Speaking on this initiative by the college,Dr. Sandeep Singh Kaura, Chancellor of the college mentioned, “RESEED will construct a studying ecosystem which is in line with PM Modi’s imaginative and prescient for making India a talented capital of the world by offering international stage abilities to youth of India making them employable in home and abroad market. A extremely acclaimed skilled staff is put into motion to actualize this dream to form into actuality. We imagine that the Stellers School of Real Estate will play a key position in shaping the way forward for the real estate trade and we’re thrilled to be pioneers on this area.”

Mr. Vineet Nanda, a Member of the Board of Managementof the college, mentioned, “Few individuals working within the unorganized real estate sphere carry a variety of disrepute to the trade. To revamp the picture of the real estate trade, it’s important that the professionals working within the trade are outfitted with data of authorized and authorities laws, soft-skill growth, and digital and technical domains of the sector. The gross sales pressure ought to be well-groomed and proficient with language abilities. RESEED course, curated by trade professionals, has been designed protecting in thoughts each sensible and technical facets, notably in a RERA-regulated setting. I’m positive that it’ll herald a brand new period of transparency and trust-led sustainable development of the real estate trade in India. This first-of-its-kind course will give impetus to entrepreneurship and Hon’ble Prime Minister Modi’s Skill India Mission.”

Detailing the target of the course from the shoppers’ perspective,Mr. Akash Bansal, Senior Director & India Head – Strategic Consulting, JLL Indiamentioned,“As Indians, certainly one of our largest lifetime investments is at all times real estate. When small investments in a mutual fund, equities, or insurances are regulated and contain licensed consultants, then a lifetime, higher-value funding in real estate, deserves extra consideration and experience. RESEED course will allow the brokers/channel companions to acquire confidence and place themselves as elite licensed skilled on this class to assist patrons/sellers professionally”

The college will provide varied packages from certificates stage to Diploma to diploma and postgraduate stage. The graduate and better diploma packages shall be provided underneath Centre of Excellence (COE) whereas Diploma and Certificate stage packages underneath Centre for Specialized Training (COST) and Centre for Vocational Training (COVT) respectively.

This extremely centered analysis based mostly real estate schooling program is envisaged underneath Centre for Specialized Training underneath the model identify RESEED. This is the First-of-its-kind real estateindustry centered Certificate Level program the place Faculty comprised of mix of educational and trade practitioners will prepare the candidates together with younger aspirants and dealing professionals of real estate corporations and their channel companion to prepare them into a complete new crop of real estate professionals to grow to be a high-performing asset to at all times show greatest trade observe

The curriculum of this 3-months length course which was ready by the real estate consultants led byseasoned gross sales & advertising skilled with huge quantity of expertise in real estate sector Mr. Bhaswar Paulwill embody a variety of subjects, together with property administration, real estate finance, city planning, and so forth following the credit score system as per National Credit Framework of UGC together with credit for On the Job Training (OJT) main to acknowledged certification by the University. The program will encourage channel companions, brokers, and younger professionals to be taught and advance their real estate careers underneath fixed steerage from high trade veterans and extremely skilled instructors and supply new job alternatives to younger workforce.

A short on Lamrin Tech University

Lamrin Tech Skill University Punjab (LTSU)is first of its variety Industry incubated Skill University in India by IBM as an Anchor Partner, RERT as educational companion, and Tata Technologies & Ansys Corporation as Industry Partners with an Investment of INR 1630 crore. LTSU is established by the Govt of Punjab underneath Punjab State Act No 22 of 2021, and its identify is included in List of Universities underneath part 2(f) of the UGC Act 1956,has collaborated with National Skill Development Corporation-India, Cambridge University Press- UK and ITEES- a Globally ranked Institution of Govt of Singapore. LTSU Punjab LTSU is situated within the foothills of Shivalik Hills on the financial institution of Satluj river close to Ropar Punjab within the sprawling campus of 80 acres of land.