National Association of Realtors – India

National Association of Realtors - India (NAR-INDIA) has been fashioned not only as a single national level umbrella organization representing the interests of thousands of realtors / brokers operating all over the country, but also as an organization which aims to elevate the standards of practice of the real estate brokerage business to a global level where ethics, transparency, accountability, rule of law and good governance prevail.

The objectives of NAR-INDIA are to streamline and promote the profession of real estate brokerage in India so that we achieve transparency, accountability, fair dealing and ethical practices for overall good governance in the industry.

NAR-INDIA was registered in June, 2007, as a non-profit Society under the Societies Registration Act of India. NAR-INDIA is headquartered at New Delhi.

South MetroCity Association of Realtors(SMART) is a member of NAR-INDIA and is represented on its governing body by SMART’s President and Hon. Secretary.

NAR-INDIA is the credible voice of realtors in India.

Education Initiatives

Providing meaningful Real Estate education to all its members is one of the main focal points of NAR-INDIA. Keeping this in mind, an ‘Education Committee’ has been created with members from various state associations, to design the methodology of imparting various education programs.

The philosophy of NAR-INDIA is that there shall be a clear qualitative difference between its members all across the country, and any other practicing real estate consultant; education being the first differentiator between the two.

The role of NAR-INDIA in the real estate education arena is:

  1. Develop real estate education standards for various education providers in the country to adopt .
  2. Conduct various real estate programs
  3. Certify real estate professionals across the country based on standardized education programs

For further details on NAR-INDIA’s education offerings, please visit -

Major Activities

  1. Provide access to skills, education and best practices
  2. Act as a common voice of the real estate brokerage community
  3. Conduct conferences, events, exhibitions, lectures, etc.
  4. Establish bilateral and multilateral relationships
  1. To undertake market research and disseminate information
  2. To lobby with governments at national, state and local levels
  3. To ensure that every member subscribes and follows the CODE OF ETHICS (

Benefits of NAR-INDIA Membership

  1. Beneficiary of a credible image of the realtor profession in India
  2. National and international level business networking opportunities
  3. Consumer recognition in local as well as global markets
  4. International visibility of local business through global niche listing
  5. Platform for lobbying with governments for benefit of the professio
  1. To undertake market research and disseminate information
  2. To lobby with governments at national, state and local levels
  3. To ensure that every member subscribes and follows the CODE OF ETHICS (

International Real Property Foundation (IRPF)

he International Real Property Foundation (IRPF) is an independent, non-profit, public purpose Foundation which strives to create free, efficient, transparent and equitable real estate markets anchored to private property rights; to develop civil society by establishing an ethical and trained real estate profession committed to protection of the public and organized into representative real property associations; and to promote real property ownership as a key element of strong democracies and poverty alleviation.

IRPF focuses on the developing countries of the world where its expert practitioners and property professionals collaborate with emerging real estate groups, governments and private firms. It addresses and removes institutional impediments to the efficient transfer of property and facilitates the ability of potential buyers to buy and rent; owners to sell and developers to develop.

  • Real Estate Market Assessment and Diagnostics
  • Association Development and Strategic Planning
  • Strengthening Real Estate Capital Markets
  • Streamlining / developing Transparent Land Titling / Registration Systems
  • Developing Legal and Regulatory Reform Strategies
  • Providing Advocacy / Marketing Advice
  • Program Development and Delivery to support the real estate brokerage and valuation professionals.
  • Educating governments, academics and end users on the importance of market efficiencies

Since it began operations in 1992, it has helped establish, or it has materially supported, a total of 84 partner associations in 27 countries, through which it has touched an estimated total of 1,70,000 real estate professionals. It serves as midwife, mentor and governance consultant to associations, helping them solve their problems and expand their member services (especially professional training). In addition, since 1999 it has strengthened its capacity to offer legal and regulatory reform (including broker and appraiser licensing and / or accreditation), facilitate real estate multiple listing services, and promote international appraisal standards. It has also developed an institutional technique for providing administrative support simultaneously to brokers' and appraisers' associations.

Funding of IRPF Activites

Initial support for the Foundation was provided by the National Association of Realtors (USA); however, the Foundation has now established total financial and organizational independence. Today the Foundation receives core funding from the U.S. Agency for International Development (USAID) and other financial support comes from government, corporate and private sources who are dedicated to IRPF’s mission.

Chronology of IRPF’s Role in India

A preliminary assessment by National Association of Realtors (NAR) in 2001 found “fractured” and “primitive” real-estate community, no licensing or MLS and lack of government support in recognizing the real-estate “industry” in India. In 2002, as part of the commitment made to Indiaproperties Institute of Real Estate, IRPF / NAR assisted in the creation of the India Institute of Real Estate (IIRE), a non-profit real estate trade association, open to all Indian real estate professional who met the membership standards. In 2004, a Memorandum of Understanding (MOU) between GLC (Government Law College) and IIRE was signed. GLC proposed to teach Procedures & Practices of Real Estate Training courses to Maharashtra State Board of Technical Education (MSBTE) and KC College at Mumbai. In 2006, local city associations and professionals agree to cooperate in creation of a national federation of real estate associations. As a result of this initiative, in 2007, NAR-INDIA (National Association of Realtors of India) was launched. Since then NAR-INDIA has shown rapid progress in membership and association structure.

In 2009, Brokerage and Sales Training conducted in Pune, Delhi, and Bangalore.

For more information on IRPF, please visit

National Association of Realtors (NAR), USA

The NATIONAL ASSOCIATION OF REALTORS (NAR), The Voice for Real Estate , is the world's largest professional association. Founded in 1908, NAR has grown from its original nucleus of 120 to over 1.3 million members today. NAR is composed of REALTORS who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry.

The objectives of NAR-INDIA are to streamline and promote the profession of real estate brokerage in India so that we achieve transparency, accountability, fair dealing and ethical practices for overall good governance in the industry.

NAR-INDIA was registered in June, 2007, as a non-profit Society under the Societies Registration Act of India. NAR-INDIA is headquartered at New Delhi.

South MetroCity Association of Realtors(SMART) is a member of NAR-INDIA and is represented on its governing body by SMART’s President and Hon. Secretary.

NAR-INDIA is the credible voice of realtors in India.

Benefits of Membership

NAR provides a wide array of tools to navigate the current real estate market.

  1. REALTOR Brand
    The REALTOR brand is one of the strongest and most recognized in the world.
  2. Public Awareness
    NAR utilizes many means to let consumers know why it’s important to work a REALTOR
  3. Government Advocacy
    NAR works closely with the Congress to benefit REALTORS, the industry and consumers.
  4. Government Advocacy
    NAR works closely with the Congress to benefit REALTORS, the industry and consumers.
  5. Education
    Tap into new opportunities in the markets and increase value by gaining the specialized expertise needed to work with clients with specific needs.
  6. Education
    Tap into new opportunities in the markets and increase value by gaining the specialized expertise needed to work with clients with specific needs.
  7. Research
    NAR provides FREE access to comprehensive research reports on the economy, markets, home buyers and sellers.
  8. Information Resources
    Take advantage of resources – including REALTOR Magazine and to stay up-to-date on the latest trends, technology, sales and marketing.
  9. Networking
    By attending NAR conferences, networking with other REALTORS and sharing lessons learned, discover how someone else's tricks of the trade could potentially help increase your business.
  10. REALTOR Benefits Program

For more information on NAR, please visit is the official website of the International Consortium of Real Estate Associations (ICREA). Please visit to know more about properties and agent listings from various countries all over the world.

The International Consortium of Real Estate Associations (ICREA) is a consortium of the world’s leading real estate associations. ICREA sets standards for international real estate practice and facilitates worldwide real estate transactions through its website,

ICREA and its member associations are committed to high standards of professional conduct for member brokers. Each member association has a country-specific code of conduct and, collectively, the organization has adopted a statement on International Principles of Conduct.

The tangible value of ICREA for both global and domestic practitioners includes:

  1. The availability of an Internet-based menu of services including immediate access to current industry business practices, global industry news, property advertising system, and more
  2. Advocacy role to protect and promote private property rights and best practices worldwide
  3. Networking and referral tools including a roster of member association constituents and transnational referral system that includes an arbitration system in the event of a dispute

Individual practitioners receive these benefits by virtue of their respective association’s membership in ICREA. There is no option for individual practitioner or company membership.

Value to the Consumer

In today's market, real estate is complex enough when the transaction is local. Adding an international element to the deal makes it even more so. ICREA helps consumers understand the global market business practices and can assist both buyers and sellers.

Using online resources, buyers and sellers can learn about how real estate is transacted in the country of interest, so they are prepared for the differences from the practice in their home country. Buyers can search for properties among more than 3 million listings, and locate a realtor / broker who will work in a cooperative manner with a realtor / broker in another country to ensure the best possible service. Sellers can locate a broker who will market their properties to a worldwide market.

This is especially important for sellers with distinctive properties that will attract buyers from around the globe in search of a vacation, resort, or luxury property, or simply one that's unique within its local market. ICREA's greatest value to consumers, however, is the ICREA network of brokers - more than 2 million - who are affiliated with leading national organizations and adhere to a code of ethics that commits them to professionalism and service to their customers and clients.

NAR – INDIA’s Role in ICREA Affairs

Farook Mahmood is the founder and past president of the National Association of Realtors – India and has served on the ICREA Board since 2008. He was inspired to get involved by the globalization he witnessed in India and his commitment to a more professional and globally competent real estate community in India. A broker for three decades, Farook is Chairman and Managing Director of Silverline Realty in Bangalore, with associate offices in London and UAE.

Fédération Nationale de l’Immobilier (FNAIM)

The National Federation of Real Estate (FNAIM) of France, set up in 1946, has over the years developed a well-structured organisation and powerful means of action. It is a truly representative federation recognised by the public authorities and is affiliated to many national and international organisation

First professional organization in Europe, FNAIM represents over 12,000 members engaged in 14 different trades, recognized experts of the transaction and property management, and also commercial property and land development.

FNAIM is a member of the International Consortium of Real Estate Associations (ICREA).

National Association of Realtors of India (NAR-India) is a member of FNAIM.

FNAIM Missions

  • To represent real estate professionals and markets before the public authorities at a national level (parliament, government, administration) and at a territorial and local level (municipalities, general councils, regional councils)
  • To promote the quality of real estate services, for housing and business premises
  • FNAIM is recognised by the public authorities as an essential representative body in the field of real estate
  • It defends the views of professionals on all changes in regulations or plans for new regulations
  • Education
    Tap into new opportunities in the markets and increase value by gaining the specialized expertise needed to work with clients with specific needs.
  • It alerts members of parliament to the issues involved in the texts submitted for their approval.
  • It opposes any measure that has an adverse effect on the health of the real estate sector
  • On the basis of rigorous statistical and economic studies, it puts forward suggestions for adjustments to the housing policy.
  • It upholds the conditions for exercise of the profession and maintains a high level of professionalism.

Services Offered To Professionals

FNAIM helps all its members to offer comprehensive and high-quality services to meet the needs of clients as effectively as possible. A national symbol - the yellow cube - assures that FNAIM members are immediately recognised by clients. The yellow cube, which is the logo of FNAIM, symbolises integrity, security and quality. In the eyes of the public it is a recognisable reference in the field of real estate services.

For more information on FNAIM, please visit


Established in 1999, the Confederation of Real Estate Developers’ Associations of India (CREDAI) brings together more than 11500 Real Estate Developers from 156 city chapters across 23 states of India. As the apex body for private sector developers, CREDAI has consistently worked to make the industry more organized and progressive. CREDAI has developed into a preferred platform with regard to national discourse on housing and habitat through its close and deep networking with government, policy makers, investors, finance companies, consumers, real estate professionals and developers.

CREDAI’s code of conduct promotes self-governance and ethical practices and is adopted voluntarily by all its members. CREDAI is also a knowledge sharing forum for the latest industry data, technology advancements, industry benchmarks and international situation from time to time.

The major objectives of CREDAI are as

  • To propagate an ethical code of conduct for all the members on voluntary basis so as to uphold integrity & transparency in the profession of Real Estate Development.
  • To represent the developers across India by communicating & representing with the government for the advancement of housing, habitat and real estate. Policies for this sector.
  • To encourage & support the developers to increase their efficiency in the development /construction activities by introducing the latest technologies.
  • To disseminate the data, statistics & other related information in the sector.
  • To promote the interest of construction workers & to educate them on the best practices.
  • To encourage research in the profession of construction & real estate development
  • To facilitate easy housing finance availability to the property purchases and construction finances to the developers by working in close coordination with the leading house finance institutions & banks.

CREDAI is a recognized partner for the government. In this capacity, CREDAI is represented on Committees set up to formulate policies relating to housing and habitat. Some of the important initiatives that CREDAI has been associated with include the Housing and Habitat Policy 2007, the Steering Committee for Urban Developing, Housing and Poverty Alleviation for the 11th five-year plan, Committees of the Bureau of Indian Standards (BIS), Bureau of Energy Efficiency (BEE), Planning Commission and others.

CREDAI’ s efforts have resulted in the abolition of urban land ceiling, rationalization of stamp duty, modification of the environmental impact assessment rules, amendments related to service tax. During the economic crisis of 2008-09, CREDAI influenced the announcement of stimulus package that aided Real Estate Industry. The goal of Housing for All by 2022 adopted by the Government in 2014 is an answer to CREDAI’ s long and relentless campaign for Housing. The goal clears the path for CREDAI members to come forward and contribute their entrepreneurial skills and financial resources towards the mitigation of housing shortage, estimated at 18.78 million units, as well as to spur GDP growth through the backward and forward linkages of housing to about 250 other industries

CREDAI as an outcome of its Conclave 2014 held in Delhi, has become the first among the associations of industry to adopt Swachh Bharat mission as an organizational endeavor. A campaign has been launched for zero garbage in the housing complexes being developed by CREDAI and members based on experience in Kochi.

Real Estate sector is one of the largest employers in India. CREDAI is committed to set up Greenfield institution for Skill Development in Real Estate Sector to provide more job opportunities and skilled manpower for the sector. CREDAI contributed Rs 51 lakhs towards the share capital of the National Skill Development Corporation (NSDC). Under the aegis of Kushal programme, CREDAI for the first time among Industry Associations, has pledged to provide vocational and technical training to labour on-site. Under Kushal, 138 centres have been opened by 75 developers with about 60 expert trainers.

CREDAI is working with the Indian Banks’ Association to improve the funding situation for real estate.

Above all, through its relentless efforts, annual conferences and media interaction, CREDAI has established the critical importance of real estate to the GDP of India on the minds of the government and the people.

CREDAI has been organizing National Convention (NATCON) and National Conclave every year.

The Conventions and Conclaves in the past have been addressed by the then Minister for Finance, Urban Development, Housing and Urban Poverty Alleviation, Environment, Forest and Climate change, Drinking Water & Sanitation, Skill Development & Entrepreneurship, Labour & Employment, Power, Coal, new and Renewable Energy, Commerce and Industries, Vice Chairman Planning Commission, Members of Parliament, Member of Planning Commission as also Chief Ministers of various states. All the previous NATCON and Conclave have been well attended by 600 to 1000 delegates.

National Convention (NATCON) and National Conclave of CREDAI provides a unique opportunity not only to its Members but to the representatives from allied industries as well to understand different markets across India but it also provides a learning opportunity to all the delegates.

National Convention (NATCON) and National Conclave of CREDAI provides a unique opportunity not only to its Members but to the representatives from allied industries as well to understand different markets across India but it also provides a learning opportunity to all the delegates.

It offers a different platform to network with the key decision makers from the Indian Real Estate Industry as this event is being organised by the apex body itself.

Please find hereunder the details of the NATCON/ Conclave organised by CREDAI:

2000: 1st NATCON at Vigyan Bhawan, Delhi

2001: 2nd NATCON at Renaissance Hotel and Convention Centre (Marriott) Powai, Mumbai

2002: 3rd NATCON at Jana Jyothi Convention Centre, Palace Road, Bangalore

2004: 4th NATCON at Vigyan Bhawan and Exhibition at Jawhar Lal Nehru Stadium, New Delhi

2006: 5th NATCON – Cruise Convention – Mumbai to Lakshadweep to Goa and back to Mumbai

2007: 6th NATCON at Hotel Genting Highlands, Kuala Lumpur

2008: 7th NATCON at Hotel Ashok, New Delhi

2009: 8th NATCON at Hotel Venetian, Macau

2010: 9th NATCON at Hotel Atlantis, Dubai (January 2010)

2010: 10th NATCON at Hotel The Lalit & Manekshaw Centre, New Delhi (December 2010)

2011: 11th NATCON at Hotel Marina Bay Sands, Singapore (April 2011)

2011: CREDAI Conclave at Hotel Taj Palace, New Delhi (November 2011)

2012: 12th NATCON at Barcelona, Spain (September – October 2012)

2013: 13th NATCON at Moscow, Russia (July)

2013: CREDAI Conclave 2013 (December)

2014: 14th NATCON, August-2014 (Jakarta, Indonesia)

2014: CREDAI Conclave, November- 2014, Delhi

2015: 15th Natcon, August 13-15, 2015 (Istanbul, Turkey)

2015: Credai Bankcon 2015, October 31, 2015 (Mumbai, India)


IIRE is a registered non-profit organisation, championing the cause of the Indian real estate industry. IIRE has evolved into a nationally renowned certifying and accreditation institute, dedicated to enhance the standard of real estate practice in India.

IIRE offers real estate education learning and related training skills, with updates and courses leading to a deeper knowledge on real estate practice. IIRE course programs are all distance learning programs which can be completed online. We are also in the process of tying up with vocational institutes, which have an all- India reach to deliver our courses.

If you are looking to develop a special purpose training or course work to train your agents or employees in or for the real estate business, contact us and we will be glad to develop programs and training that fit your corporate real estate training needs.

IIRE currently manages the testing for NAR-India's newly designed RE-MET course. A real estate proficiency test developed by IIRE exclusively for all existing and future to be members of NAR-India.


National Real Estate Development Council (NAREDCO) was established as an autonomous self- regulatory body in 1998 under the aegis of Ministry of Housing and Urban Poverty Alleviation, Government of India. It is in this year that the Government of India redrafted the National Housing & Habitat Policy, giving due importance to the Housing and Real Estate sector, thereby declaring housing for all citizens by the year 2010.

The Indian housing and real estate sectors and the allied industries hailed the establishment of NAREDCO, as the apex national body for the real estate industry and visualized it as a single platform where Government, industry and public would discuss various problems and opportunities face to face which would result in speedy resolution of issues. It was formed with the mandate to induce transparency and ethics in real estate business and transform the unorganized Indian real estate sector into a matured and globally competitive business sector.

The National Real Estate Development Council strives to be the collective force influencing and shaping the real estate industry. It seeks to be the leading advocate of developing standards for efficient, effective, and ethical real estate business practices, valued by all stakeholders of real estate sector and viewed by them as crucial to their success. NAREDCO works to create and sustain an environment conducive to the growth of real estate industry in India, partnering industry and government alike through advisory and consultative processes.


The National Institute of Construction Management and Research (NICMAR), has been constituted as a non profit organization with the express objective of engaging in activities for the promotion of education, training, research, professionalism and skill formation at all levels of the construction and other allied industries. Besides that, NICMAR’s objectives include undertaking special projects, collaboration with other organizations, dissemination of knowledge through seminars / conferences, etc; publishing literature, undertaking consultancy and taking necessary actions conducive to fulfillment of the objectives of the Society. Under the Bombay Public Trust Act, 1950, NICMAR was registered as a Public Trust in 1982. The NICMAR Society was constituted in 1984 and registered under the Societies’ Registration Act, 1860.

The Board of Trustees, the Board of Governors and the Director General, referred in the Memorandum of Association as the ‘Chief Executive’ of the Society, are responsible for all the decisions and actions related to NICMAR. At the Institute level, there is an Academic Council chaired by Director General which is responsible for all academic decisions. There is also Research Advisory Board and an Academic Advisory Council to provide advisory support in areas referred to these bodies. There is a well developed internal organizational structure with well defined roles and responsibilities for regular administration and management of the Institute.

Recognition as SIRO:

NICMAR is very active in research and industrial problem solving in these areas. NICMAR is recognized as “Scientific and Industrial Research Organization (SIRO)” by Dept of Scientific and Industrial Research, Ministry of Science and Technology since 1990. NICMAR is regularly assessed for income tax and enjoys benefits under section 11 and 80G of Income Tax Act 1961. NICMAR also enjoys exemption from customs duty and central excise, by virtue of it being SIRO.

UNDP Assistance:

NICMAR received UNDP grant which enabled the Institute to involve eminent academics from MIT, USA; University of Michigan, USA; University of Loughborough, ILO, IIMA, other institutes in India and eminent practitioners from India in development of the first full fledged curriculum for a two year post graduate Programme in Advanced Construction Management in late eighties.


NICMAR takes pride in being a unique, specialized institute in the country dedicated to provide post graduate education in construction, projects, real estate, infrastructure and allied areas in the country. Its educational programmes primarily involve imparting / acquiring particular knowledge and skills specifically needed for professionals in construction and allied industries such as real estate, projects and infrastructure.

Educational Modes:

NICMAR has been a pioneering Institute offering post graduate level education in specialized areas like construction management, project engineering and management, real estate management, infrastructure management and allied areas. NICMAR offers education through distance education and part time modes also.

NICMAR conducts executive development courses for a variety of organizations in construction and allied industries. These programmes are in a variety of modes including long duration programmes, medium duration programmes and short duration courses. Similarly, the programme focus could be function based, project based or business based. The long duration courses are modular in nature and most of the programmes are conducted on campus at Pune/Hyderabad/Goa/Indore/Delhi NCR.


  • The Sub-Group on Housing Finance for the Seventh Five Year Plan (1985-90) identified the non- availability of long-term finance to individual households on any significant scale as a major lacuna impeding progress of the housing sector and recommended the setting up of a national level institution.
  • The Committee of Secretaries considered the recommendation and set up the High Level Group under the Chairmanship of Dr. C. Rangarajan, the then Deputy Governor, RBI to examine the proposal and recommended the setting up of National Housing Bank as an autonomous housing finance institution. The recommendations of the High Level Group were accepted by the Government of India.
  • The Hon’ble Prime Minister of India, while presenting the Union Budget for 1987-88 on February 28, 1987 announced the decision to establish the National Housing Bank (NHB) as an apex level institution for housing finance. Following that, the National Housing Bank Bill (91 of 1987) providing the legislative framework for the establishment of NHB was passed by Parliament in the winter session of 1987 and with the assent of the Hon’ble President of India on December 23, 1987, became an Act of Parliament.
  • The National Housing Policy, 1988 envisaged the setting up of NHB as the Apex level institution for housing.
  • In pursuance of the above, NHB was set up on July 9, 1988 under the National Housing Bank Act, 1987.
  • NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital
  • The general superintendence, direction and management of the affairs and business of NHB vest, under the Act, in a Board of Directors.
The Head Office of NHB is at New Delhi.

The Preamble of the National Housing Bank Act, 1987 describes the basic functions of the NHB as – "... to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support to such institutions and for matters connected therewith or incidental thereto ..."

"Promoting inclusive expansion with stability in housing finance market"

"To harness and promote the market potentials to serve the housing needs of all segments of the population with the focus on low and moderate income housing"

NHB has been established to achieve, inter alia, the following objectives –

  1. To promote a sound, healthy, viable and cost effective housing finance system to cater to all segments of the population and to integrate the housing finance system with the overall financial system.
  2. To promote a network of dedicated housing finance institutions to adequately serve various regions and different income groups.
  3. To augment resources for the sector and channelise them for housing.
  4. To make housing credit more affordable.
  5. To regulate the activities of housing finance companies based on regulatory and supervisory authority derived under the Act.
  6. To encourage augmentation of supply of buildable land and also building materials for housing and to upgrade the housing stock in the country.
  7. To encourage public agencies to emerge as facilitators and suppliers of serviced land, for housing.

Maharashtra chamber of Commerce

The Apex Chamber of Maharashtra

Maharashtra Chamber of Commerce, Industry, Agriculture (MACCIA) is the Apex Chamber of the State. The Chamber plays a pivotal role in supplementing and augmenting the efforts of Government for the economic development of the State and advancement of its people. With more than 3500 direct Members, comprising of large, medium and small- scale industries, traders, agriculturist and professionals, MACCIA is the only Chamber in Maharashtra, which has deep- roots in all the 35 districts encompassing 355 Talukas of Maharashtra. In addition over 800 local trade and industry associations and professional bodies having collective membership of over 700,000 business organizations from all over the State are affiliated to the Chamber and thus it virtually functions as the State’s Apex Chamber.

Foundation in Pre-Independence Era

The Chamber was founded in the year 1927 by the great Visionary Industrialist Late Seth Walchand Hirachand with the mission to unite & organize the business class, then emerging in the pre-independent India. After its establishment in 1927, the Chamber had the fortune to be nurtured by stalwarts and doyens of Indian industry.

Vision Statement

As an apex Chamber of Commerce, Industry and Agriculture of the State we will facilitate progress in all sectors for sustainable prosperity through collaborative efforts, knowledge based skills, modern technology and ethical means.

Chamber's Objectives

  • To understand the problems of traders, farmers and small scale industries and work out effective solutions with help of State Government.
  • To promote, develop and enhance trade, commerce, industry and agriculture in Maharashtra.
  • To establish relations with the business community and various Chambers of Commerce at State, National and International Level.

MACCIA Mission

  1. To Promote Trade and Industry in Maharashtra Nationally & Internationally
    • To be the leader in initiating Policy Direction for Development Commerce, Industry & Agriculture of the State in Particular and Country in General.
    • For which Chamber will regularly interact with the authorities, conduct Lecture Series, seminars, Workshops & conferences.
  2. To take pioneering & innovating initiatives in Capability building
    • To Strengthen Members in every respect
    • To Effectively develop and manage human resources by supporting initiatives for Research, Knowledge Dissemination, Learning & Training for skill enhancement and creating Talent Pool
  3. To promote Leadership and to initiate Entrepreneur seeding with practicing high values including Law Compliance, Excellence, high quality, for earning the public’s trust & confidence, holding to the highest moral, ethical, professional standards, respect for co-workers for their dedication, skills, diversity, and responsible actions.
  4. 4.Recognise the services of individuals and organisations, including Members & Statutory Authorities for their outstanding contribution to social and economic development in Maharashtra


FIABCI provides access and opportunity for real estate professionals interested in gaining knowledge, sharing information and conducting international business with each other.

FIABCI Members represent all real estate disciplines including Brokerage, Property Management, Valuation/Appraisal, Investment, Development, Consulting, Legal, Architecture, Planning and Insurance.

Members work in all types of property sectors - Commercial, Residential, Luxury, Retail, Rural, Resort, Industrial, etc FIABCI's areas of focus include global networking, international business development, education and advocacy in the global real estate industry. With members in 65 countries, including 100 Professional Associations, 65 Academic Institutions and 3000 individual members from all professions of the real estate sector, FIABCI is the most representative organization of the real estate industry in the world and holds special consultative status with the Economic and Social Council (ECOSOC) of the United Nations.


The International Consortium of Real Estate Associations (ICREA), a Consortium of the world’s leading real estate associations, is committed to the right to own and transfer real property. ICREA sets standards for international real estate practice and facilitates worldwide real estate transactions through its website, Contact ICREA

ICREA and its member associations are committed to high standards of professional conduct for member brokers. Each member association has a country-specific code of conduct and, collectively, the organization has adopted a statement on International Principles of Conduct.

History of ICREA

Value to the Real Estate Practitioner, the Consumer and the Real Estate Associations

Consortium Structure

ICREA is structured around a series of rights and obligations based upon ICREA Statutes & By-Laws. (to request a copy, please email These Statutes and By-Laws bind Member Associations and, through them, the business entities and individuals that make up their membership, to a series of "basic commitments". These basic commitments oblige each member association:

  • To maintain its own Web site, link to the ICREA Web site, consent to a ICREA site link to its site, and provide specified and accurate content to the site
  • To abide by the terms membership
  • To maintain in force a code of ethics governing the conduct of its constituents and to inform its constituents that its existing code of ethics shall apply to all transnational real estate transactions with respect to which any one of its constituents is a party.
  • To make current membership information available at
  • To bear financial responsibility for its own involvement and pay a proportionate share of the operational expenses.

These basic commitments, however, are just the framework for success. True success will be achieved when standards are applied to all transnational transactions undertaken by the real estate professionals represented by its member associations.

ICREA is governed by a nine-member Board, which acts as the equivalent to a Board of Directors. The Officers are the Chair, the Vice Chair and the CEO. The Board is presided over by the Chair and/or Vice Chair who shall share and cooperatively exercise the executive authority customarily and usually exercised by a President of the Board of a corporation. The Secretary/CEO is appointed by the Board. The CEO can be contacted at


IEA is the national real estate organization which was formed in 1998 through the merger of 3 real estate bodies, namely the Association of Singapore Realtors (ASR), the Association of Singapore Real Estate Agents (ASREA) and the Society of Singapore Institute of Surveyors and Valuers Accredited Estate Agents (SOCREA).

The mission of IEA is to represent the real estate profession. It's aim is to be the voice of the real estate agents, and also, to be their professional platform. Its objective is to promote and advance the interest of its members as well as to protect the interest of the public in the engagement of members for real estate services.

Since its formation, IEA has conducted real estate certification programmes for its members ; such as Certified Estate Agents (CEA) Course, the National Skills Recognition System (NSRS) Training & Evaluation , Common Examination for House Agents (CEHA), Pre-CEHA Courses, Continuing Professional Development (CPD) Courses. These training courses have enabled its members to be kept abreast of estate agency practices, code of conduct and ethics as well as current property rules, regulations and government policies.

The Institute will work towards forging closer ties with overseas real estate organisations. These mutually beneficially partnerships will help to provide information and promote trade exchanges between IEA and its overseas counterparts. They provide invaluable exposure for IEA and its Members in terms of expanded network of contact and perhaps new business opportunities. The collaborations provide channels for the Institute to better understand real estate agency practises in the Asian and global arena.

To date the following overseas real estate agencies have signed the Memoranda of Understanding with IEA;

  1. Malaysian Institute of Estate Agents, Malaysia
  2. Property Agencies Association Ltd, Hong Kong
  3. Real Estate Institute of New South Wales, Australia
  4. Real Estate Institute of New Zealand Incorporated
  5. Real Estate Institute of Northern Territory Inc, Australia
  6. Real Estate Institute of South Australia Incorporated, Australia
  7. Real Estate Institute of Western Australia (Inc), Australia
  8. Real Estate Institute of Tasmania, Australia
  9. Society of Hong Kong Estate Agents Ltd, Hong Kong
  10. The National Association of Estate Agents, United Kingdom
  11. The Real Estate Institute of Queensland Ltd, Australia
  12. The Real Estate Institute of Victoria Ltd, Australia
  13. National Association of REALTORS (NAR), USA
  14. National Board of Indonesian Real Estate Association (REI), Indonesia
  15. Property Management Association of Thailand (PMAT), Thailand
  16. Philippine Association of Realtors Boards, Inc (PAREB), Philippines
  17. Real Estate Broker Association (REBA), Thailand
  18. Arcadia Association of Realtors (AAR), USA
  19. Ngee Ann Polytechnic, Singapore
  20. Asociacion Mexicana de Profesionales, Mexico
  21. Chinese Association of Real Estate Brokers (Taiwan)
  22. National Association of Realtors (NAR), India

IEA is the only Cooperating Association with the National Association of REALTORS (NAR) in the Republic of Singapore.

IEA is also a member of the Real Estate Developers Association of Singapore (REDAS).

On 27 May 2001, IEA signed the International Consortium of Real Estate Associations Agreement (ICREA).

In July 2001 the IEA International Council Networking Centre was formed with the National Association of REALTORS (NAR). The focus of this International Council is to promote networking amongst its members with the foreign counterparts.

In May 2002, IEA joined the Singapore Chinese Chamber of Commerce & Industry Commercial Organisation

Asociacion Empresarial de Gestion Inmobiliaria

On July 14, 1998 a group of entrepreneurs in the real estate sector, aware of the problems in the field of consultancy, management, marketing and real estate brokerage, decided to found an association of business nature with the aim of combining efforts to channeling needs and finding joint solutions to the problems of the sector. Established on April 8, 1999 the registration of the Articles of Incorporation and Bylaws of the Association with the approval of the Ministry of Labour, Sub  Directorate General of Planning and Administrative action is published in the Official Gazette , configuring AEGI as Patronal Association, a non-profit, national whose goal is to unite all employers carrying on their activities in the field of consultancy, management, marketing and real estate brokerage. Look for the union of all employers in the sector in order to have greater weight in the different fora..

A.E.G.I. is the only Employer's Association of the real estate sector in Spain was founded in July of 1998 by a Corporate group of the Real State sector. It is a full member of the CEOE (Spanish Businessmen's Association).

The goals of AEGI are to:

  • Obtain a collective bargaining agreement appropriate to the Real State sector.
  • Promote and develop the image of real estate agents
  • Collaborate with the Ministry of Finance on the establishment of a just system of real estate taxation for the activity
  • To encourage the professionalism of real estate agents through training and enforcement of a Code of Ethics.
  • To influence and to participate in legislative activities pertaining to the real estate sector.


Founded in 2003, the Asian Real Estate Association of America (AREAA) is a nonprofit trade organization dedicated to promoting homeownership within the Asian American and Pacific Islander (AAPI) community.

AREAA will accomplish these goals by:

  • Creating a powerful national voice for housing and real estate professionals that serve this dynamic market
  • Advocating for policy positions at the national level that will reduce barriers to homeownership for the AAPI community
  • Increasing business opportunities for mortgage and real estate professionals that serve this growing community
  • Hosting National and Local events to educate and inform members about housing issues and developments affecting the AAPI community
  • Conducting trade missions throughout Asia to develop business partnerships and increase brand awareness

AREAA’s membership represents a vast array of cultural, ethnic, and professional backgrounds. AREAA is open to anyone and everyone who works with, or seeks to work with, the AAPI community. With over 15,000 members in 35 chapters across the US and Canada, AREAA is the largest Asian organization in North America.


Chartered by the National Association of Realtors in 1920, this year MIAMI marks 95 years of service to Realtors, the buying and selling public, and the communities in South Florida.  MIAMI has grown its membership from 162 in the beginning to more than 40,000 in the present day, making it the Largest Local Association in the nation. MIAMI is comprised of four organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, and the International Council. MIAMI represents its professionals in all aspects of real estate sales, marketing, and brokerage at the local, state, national and international levels.

International Council and Referral Network

A shining achievement among MIAMI's distinguished past, was the creation of MIAMI's International Council and International Referral Network in 1996.  The award winning Council is now the largest and most successful local council in the world, boasting more than 60 partnerships globally!

AREAA’s membership represents a vast array of cultural, ethnic, and professional backgrounds. AREAA is open to anyone and everyone who works with, or seeks to work with, the AAPI community. With over 15,000 members in 35 chapters across the US and Canada, AREAA is the largest Asian organization in North America.

Award-winning International Real Estate Congress & Expo

In 1996, MIAMI and the Council launched the award-winning International Real Estate Congress and Expo, which has drawn hundreds of foreign participants who establish relationships and do business with local practitioners who also specialize in international real estate business.

Professional Development and Government Affairs

As the Educated Choice, MIAMI is dedicated to providing its members with access to premier professional development, including over 600 seminars, events, and certification and designation courses annually.

Community and Private Property Advocate

MIAMI, known as The Voice for Real Estate, vigorously advocates for private property rights thereby benefiting MIAMI members, property owners, and the local communities at large.

Jerome Bain Real Estate Institute at FIU

Sponsored by the MIAMI Association of REALTORS The Jerome Bain Real Estate Institute at Florida International University (FIU) was created in 1998 through a gift from the MIAMI Educational Foundation.  At that time, FIU had no real estate programs, but in a short period of time these were launched.  Now a Bachelor of Business Administration with a Major in Real Estate and a Master of Science in International Real Estate are available.

Awards & Recognition

MIAMI has received numerous awards and recognitions at the local, state, national, and international levels over the years.  Awards have recognized excellence in meeting the needs of members, educational programming, community involvement, and leadership within the Florida Realtors (FR), National Association of Realtors (NAR), and international real estate community.   Top honors have also been awarded to the Association in the area of communications and publications, education, and civic involvement.  MIAMI and the International Council have also received awards from NAR, Florida REALTORS, the U.S. Commercial Service, the Greater Miami Chamber of Commerce, and publications - and have also been recognized by foreign associations.


MIAMI is the voice for real estate, influencing and shaping the industry.


To be the business and public policy advocate for REALTORS®.


Welcome to the Mexican Association of Real Estate Agents

AMPI is the largest real estate association in Mexico, founded in 1956 in Mexico City, with 60 regional boards throughout all of the country. Today AMPI has more than 1,500 broker members who in turn represent about 10,000 practitioners through the country. AMPI members include: Appraisers, Developers, Counselors and Brokers all of whom subscribe to the AMPI bylaws Code of Ethics.

AMPI is governed by the National Board of Directors, which elects a National President for a one-year term. AMPI works together with Federal, State and Municipal authorities, proposing new laws and amendments to existing laws and regulations directly related to the Real Estate activity.

AMPI represent its members in a variety of diverse private and public organizations. AMPI has a practitioners´ Registry at the Mexican Consumer Protection Agency and uses authorized contracts. Since the 1980s AMPI been strongly advocating for a National Real License and Regulation law but it does not yet exist. Other major initiatives and services of the organization include advocacy, training, public relations, education and conventions and meetings.

Currently AMPI is working in the establishment of a real estate training, research and statistics Center, The Centro de Capacitación, Investigación y Estadística (CCIE).

AMPI is a founding member of the International Consortium of Real Estate Associations (ICREA).