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Acknowledging the selfless contribution of Dr. Sohan Roy, Founder Chairman and CEO of UAE based Aries Group of Companies during the COVID-19 pandemic scenario, Bharat Cine & TV Writers Association awarded him with a Certificate of Participation. The award was presented in recognition of Dr. Roy’s outstanding dedication and service to the nation & fight against COVID 19 during the period of lockdown. He was titled and appreciated as “CORONA Warrior” by the association. As a part of its Group’s Social Commitment Scheme, Aries distributed masks to Kerala Police to keep them safe during the COVID emergency in the state. To prevent the exposure of our Police department to any health risk because of lack of healthcare equipment, He also included members of the Police Department along with underprivileged families and other healthcare professionals under the Social Commitment Scheme.
His immediate announcement as soon as the pandemic hit, was to provide 10 ventilators to 10 districts. His other statement was “Support a Family” drive to support 2000 needy families, where he had asked each of the company’s employees to try and help one poor family and take up their responsibility during this crisis period. This campaign was launched considering the hardships daily wagers have to endure during this lockdown period. His 9000sq. Ft house at Desamangalam, Kerala, was also set aside for getting it converted to isolation wards by the state. Apart from delivering 1000 masks, the group has also promised to provide monetary back up to fund the in house masks made by the battalion. Recently, Idukki M.P Dean Kuriakkose inaugurated the Aries Family Help Scheme under which the group provided around 1800 needy families with food through the public kitchen. Aries Group has always played a significant role when it comes to CSR activities.
The company has a remarkable history in helping people cope with turns of unfortunate events, both natural and man-made. When the Kerala flood took a toll on people’s lives, the advanced rescue operations and disaster coping mechanisms carried out by the Aries Group gained much recognition and acknowledgment. Being the founder Chairman of Indywood Billionaires Club, he has been setting a remarkable example for others from the Billionaires in the community to extend their valuable contributions.
June 8, 2020
In the face of adversity comes opportunity. The COVID-19 crisis offers the real estate industry a ‘never before’ opportunity to reset and redo to reinvigorate cities like Mumbai. However, this can only happen if specific policy changes are announced by the authorities. These were the key takeaways from the Brihanmumbai Developers Association (BDA) ‘Mega Unity Webinar,’ held on 8th June 2020 at 05.00 pm, which highlighted the pain points of real estate and endeavoured to come up with practical solutions and suggestions. The biggest webinar brought various developers associations, channel partners associations, architects engineers associations and allied associations together on a common platform for the first time ever.
Harrish Jain, Vice President, Brihanmumbai Developers Association (BDA), explained, “This pain has brought us all together, it may unite us together also. Real estate has been facing multiple problems and now the current crisis of COVID-19 has added to them. Earlier we were communicating differently with the government and that was not the right way. Uniting the associations will give us a voice which is stronger and will help us to communicate with the government in the right way. We have to be united together to achieve progress. We have been discussing problems all through the lockdown period during the BDA webinar series, now let’s concentrate on how to resolve them. Let us brainstorm and see how to get solutions out of this. Since there are so many associations participating today, we have to be united to resolve issues. Alone we are a drop, together we can be an ocean. There is strength in numbers, let’s unite together.”
Nayan Shah, President, CREDAI MCHI, made a comparison between real estate as a percentage of India’s economy vis-à-vis that in the USA, UK and China. “About 6% of India’s economy is real estate. India’s real estate value is $1.20-1.40 billion, our share will go up to $500-600 bn in the next 5-6 years. The government of India is spending more than Rs 7 lakh crores in agriculture, while the real estate sector is only asking for Rs 30,000-40,000 crore to grow from $140 bn to $500-600 bn. We are going to try to get relief from central government and Reserve Bank of India and the finance ministry, not as a matter of sympathy but because we have strength and we can make a big difference in the economic status of the country. Apart from the pains that we are passing through, it is important to give this economic data to the Government. Real estate has a price multiplier effect. This is the extent to which real estate can make a difference.”
Ajay Ashar, Spokesperson of the CREDAI MCHI MMR Action Committee, praised BDA for having accumulated so many players on one platform. “This is the right approach. When the Rs 20 lakh crore package was announced we had great expectations from the government as we are the second-largest employment generating sector. However, we were disappointed. Restructuring of loans is very important. Home loan rates to be reduced. So many things we are facing. I requested everybody, let us understand how much is the pain, how we can be united. We have to do something, get on one platform and focus. This is how the CREDAI MCHI MMR Action Committee was born. In no time we had 13 organizations ready to speak in one voice. In a democracy, everything comes down to numbers. We have so many different associations but all our causes are the same. If we unite and speak in one voice, nothing can stop us. If our combined voice reaches, it will resonate. Let’s have one voice, one agenda and one platform. We should stand and support each other. If our voice is unanimous and having common goals we can achieve anything. The economy will be revived only if our industry is rolling.”
CA Ramesh Prabhu, Chairman, Maharashtra Societies Welfare Association (MSWA), affirmed that “We are facing a huge crisis. Redevelopment is the need of the hour for Mumbai; every society is looking for developers to perform but we also understand the challenges faced by them. Applying GST on the rehab portion is a harsh step, the government needs to come up with some package for real estate and redevelopment.”
The webinar was also accessed live on BDA’s YouTube channel: www.youtube.com/bdamumbai. The unique webinar hosted by BDA had representations from the CREDAI-MCHI MMR Action Committee; Developer Associations such as CREDAI MCHI –Mumbai, MCHI –Thane, MCHI –MVC, MCHI – Vasai, Virar, MCHI –Raigad, MCHI – Navi Mumbai, CMDWA, MSDA, NMBDA, MCHI Kalyan Dombivli, YOUTH Association, Progressive Neral Karjat, MBD, MHBA, Khopoli Builders Association; Channel Partner Associations like NAR- India, AREA group, MEAA, GREA, GREAAT, KKEAA, TEAA, CREAA, REAAK, GEAWA, FMBPDA, Property PPL, SMART, MERA, NEPRA, KDRA, KEASWA, AWEAA, GEAWA, SPREA, SCEAWA, MBA; Architects & Engineers Associations like Architects & Engineers, Indian Society Of Structural Engineers (ISSE); The Maharashtra Societies Welfare Association (MSWA), Registration Fee & Stamp Duty Payers Association (REGD), Cooperative Societies Residents Users & Welfare Association and the Federation of Accommodation Industry of India.
BDA Profile
The Brihanmumbai Developers Association (BDA) is created out of a Movement. It is more of a movement than an association. In a matter of 12 months, more than 500 developers mainly into redevelopment have joined the movement. Borivali Developers Association was born out of exactly such a need in the year 2019. A small group of five developers primarily involved in redevelopment projects in Borivali, initiated the idea of such an organisation. However, in a very short span of time, the idea caught the imagination of developers across the city involved in redevelopment and therefore the organization was renamed and registered as Brihanmumbai Developers Association (BDA) so as to represent all its members who joined the movement from across the city of Mumbai.
At BDA we realize that when we do quality redevelopment projects, we not only contribute to the economy of the nation but also bring about a huge change in the lifestyles and aspirations of the existing slum dwellers, tenants or society members whose buildings we redevelop. It is therefore about time that our social and economic contribution is recognized by the authorities and due support is provided to ease out the difficulties faced by the industry.
Covid-19 has forced universities across India, and the world indeed, to suspend physical classrooms and shift to online classes. Due to the global lockdown measures implemented and its commitment to delivering value to its students, International Business School of Washington (IBSW) is now offering a hybrid model which offers students the opportunity to continue their education online through its LMS (Learning Management System) and online webinars. As such, this new hybrid model affords students more flexibility by enabling them the options of completing their academic semesters on campus or 100% online. Through this new initiative, IBSW continues sparing no efforts to engage with and facilitate the process of pursuing degrees in the fields of fashion, design, business, technology and hospitality for its current and prospective students.
Furthermore, France has declared on Monday that it was making every effort to address the logistical and planning challenges posed during this pandemic in welcoming Indian students in the next academic year. France has highlighted that this move is motivated by its strong people-to-people ties and strategic partnership between the two countries.
As the COVID-19 pandemic brings about enduring lockdowns and suspended events globally, IBSW-College De Paris continues proposing several innovative ways to foster cooperation and welcome its current and new students across India and the world.
New students will also benefit from IBSW-College de Paris’ commitment to enable the commencement of their academic year without any delays by leveraging their LMS and virtual classrooms wherever necessary.
France has also augmented its proportion of scholarships by 50% – equivalent to 10 crore rupees – for the upcoming academic year. These scholarships will be awarded regardless of whether a student starts the semester in India or France, as Indian students remain keen on gaining international exposure and expertise in France.
https://www.collegedeparis.com/international-business-school-of-washington/
