About 2019 NATCON

Over the past few years, India’s real estate landscape has undergone a significant transformation. Along with the industry’s focus on expanding its terrain, the government’s efforts towards building capacities and improving infrastructure have inspired greater operational efficiency across the country. Through dedicated initiatives like RERA, REITs, Ease of Doing Business, Housing for All, the industry has witnessed the much- needed transparency across the realty value chain, enabling a ripple effect on capital inflows. To leverage these opportunities, our government and industry are not collectively working towards upgrading the sector with stronger policy support, better real estate solutions and a steady inflow of investments.

These developments while progressive in the long term, had a shot term disruption – and thus emerged the resilient phase of the industry – slow and disrupted but steady.

This matches well with the story of Israel. Today, the economy of Israel stands as an optimal testimony of resilience in the business economy. As a nation that has existed in a hostile environment, Israel remains untouched and unhindered. It continues to grow and prosper across all domains. This has been made possible only due to ‘resilience’. This stands as the most relatable comparison to India’s testimony – our struggle and victory. While cities, states and metropolitan areas across the globe face unprecedented economic, demographic, fiscal and environmental challenges, Israel sets a precedence of ‘making most of the limited land sustainably’. Building on the future prospects and current efforts, the newest edition of CREDAI NATCON, powered by CBRE aims to build a case example for the industry stalwarts to learn how Israel has reinvented its legacy and fortified its roots for bigger and better outcomes. The theme for this year ‘Where Resilience Meets Excellence’ has an easy comprehension – patience and unapologetic perseverance is what results in breakthroughs. However, it’s not only Israel to have set benchmarks; India too shares a one of a kind growth story – real estate being the real hero. While Israel’s ability to stand strong amidst the neighborly chaos and destructions is a source of learning and promise, India has also tasted the fruit of resilience both from a business and economy standpoint.

Destination Info

Tel Aviv, a city on Israel’s Mediterranean coast, is marked by stark 1930s Bauhaus buildings, thousands of which are clustered in the White City architectural area. Museums include Beit Hatfutsot, whose multimedia exhibits illustrate the history of Jewish communities worldwide. The Eretz Israel Museum covers the country’s archaeology, folklore and crafts, and features an on-site excavation of 12th-century-B.C. ruins. Tel Aviv is one of the most vibrant cities in the world. Titled the ‘Mediterranean Capital of Cool’ by the New York Times, this is a 24-hour city with a unique pulse, combining sandy Mediterranean beaches with a world-class nightlife, a buzzing cultural scene, incredible food, UNESCO recognized architecture, and an international outlook.kk

Weather in August: The average temperature in Tel Aviv in August is 27.8°C, with an average high of 30.2°C and an average low of 23.7°C.