Former NITI Aayog VC joins Advisory Board of India Sotheby’s International Realty
New Delhi, November 22, 2022: Renowned economist and former Vice-Chairman of the NITI Aayog Dr Rajiv Kumar will join the policy and advisory board of the luxury property consultant firm India Sotheby’s International Realty (ISIR), the company announced on Tuesday, November 22, 2022.
Dr Kumar will advise ISIR on policy and advocacy matters with the objective of promoting transparency and professionalism in the real estate sector.
Having a wide experience of working in government, academia, industry associations like the CII and FICCI and multilateral financial institutions (ADB, Manila), Dr Kumar will also be guiding India Sotheby’s International Realty on the next phase of growth in the region including evaluation of new opportunities in the sector, said Amit Goyal, CEO, India Sotheby’s International Realty.
Alumni of St Stephen College and Lucknow University, Dr Kumar has received D.Litt degrees (honoris causa) from his alma mater, Lucknow University and other institutions of higher learning. He has a D.Phil. in Economics from Oxford University (1982) and a Ph.D. from Lucknow University, India (1978).
“We are delighted to have Dr Rajiv Kumar on ISIR’s Advisory Board. He is one of the most seasoned economists in the country with wide experience ranging from industry policy making at the highest levels of the government. We are sure that with Dr Kumar on our Board, ISIR will achieve new heights,” said Amit Goyal, CEO, India Sotheby’s International Realty.
ISIR has been driving policy changes on several matters like the need for circle rate recalibration, RERA changes to protect home buyers and the merits of rationalising stamp duties on real estate transactions.
Dr Rajiv Kumar added: “India Sotheby’s International Realty is a premier organisation in real estate advisory and transaction segment. We all know that the realty sector is a major driver of economic growth in the country. Transparency and professionalism are key to a healthy growth of the real estate sector and these are also the core values at ISIR. Therefore, I am delighted to join the advisory board of such a promising organisation which has over the years carved out a leadership role in the luxury real estate.”
Dr Kumar is also the Founding Director and current Chairman of the Pahle India Foundation (PIF), Delhi, which is a non-profit making policy think tank; and Chancellor of the Gokhale Institute of Economics and Politics, Pune;
In the past, he has served as a Government of India nominee on the Central Board of the Reserve Bank of India and the Central Board of the State Bank of India, Mumbai. He was also Part Time Member of National Security Advisory Board (2006-2008); and Part Time Member, Economics, Telecom Regulatory Authority India (TRAI), New Delhi (2007-2010).
He was also Economic Advisor, the Department of Economic Affairs, Ministry of Finance (1992 to 1995); he served in the Asian Development Bank, Manila for ten years (1995-2004). Dr Kumar is the author of nearly a dozen books and a well-recognized economic columnist.
UP Real Estate Appellate Tribunal’s “Online Justice Delivery System” awarded for Innovative Technology for Smart Governance by Computer Society of India
U.P. Real Estate Appellate Tribunal’s “Online Justice Delivery System” has been awarded for Innovative Technology for Smart Governance and selected...
52% NRIs see Indian commercial properties emerging as a new asset class
The Indian real estate segment demonstrates an upward trajectory with the projection to exhibit a growth rate of 9.2% CAGR...
Welspun Gp acquires Sintex BAPL
Mumbai, March 30, 2023: Welspun Group has acquired the plastic industry market leader, Sintex. Sintex’s auto business already has a...
Naiknavare Developers launches Avasa, new vertical of structured plots; commences e-commerce platform designed for plotting
Pune, March 30, 2023: Naiknavare Developers, renowned for its well-thought-out community-centric residential and commercial projects in Pune, Mumbai, and Goa, today announced it...
Residential demand up 14.2%, supply grew 1.9% YoY: Magicbricks PropIndex Report, Jan-Mar’23
New Delhi/Noida, March 30, 2023: Continuing on the path of resilience and overall growth, India’s residential demand increased 14.2% and...
Mahindra Life transacts with Alliance Gp for 9.24 acres at Mahindra World City, Chennai
New Delhi, March 29, 2023: Mahindra Lifespace Developers Ltd. (MLDL), the real estate and infrastructure development business of the Mahindra...
News2 weeks ago
Floor property prices to shoot up post Haryana Govt’s decision revoke construction of stilt plus four floors
News4 weeks ago
Samtel Avionics MD & CEO, Puneet Kaura takes over as the Chairman, CII Delhi State
News2 weeks ago
Office spaces demand move up in Faridabad
Developers Speak4 weeks ago
Mopa Airport is catapulting Sindhudurg into a thriving second home market
New Launches3 weeks ago
Magicbricks launches AI powered marketing solution tool, PMS
News4 weeks ago
Increased participation of Women needed in Real Estate, Construction sectors for $5 trillion Indian Economy: Naredco Mahi
News4 weeks ago
Embassy enters into strategic sale of its partial shareholding in Embassy Office Parks REIT, “Embassy REIT” to Bain Capital
New Launches2 weeks ago
CRC launches housing project, CRC Joyous