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Gera in News


Times Of India { Property Times } Page 05 - Part 3 - 1 February, 2012

Through the course of the day, panel discussions on various aspects of the real estate sector were conducted, focusing on trends for 2012, winning investment strategies, instilling consumer confidence through regulation, and key image drivers such as transparency. How complex all the issues were came through when Ramesh Nair, MRICS, Managing Director - West, Jones Lang LaSalle, tried to get speakers to indicate in one word whether things were going to get better or worse in various asset classes - and got involved explanations instead. It was Vinod Rohira, MRICS, K Raheja Corp, who pointed out that you couldn't generalise; he was referring to how prices could vary even within a single building, but his comment could just as well have applied to the rest of this rapid-fire round. The final session, on key image drivers, had a lively discussion on regulation, with developers strongly opposing the upcoming regulatory bill as it currently stands. Pune-based Kumar Gera, Chairman of Gera Developers and former President of CREDAI, pointed out that a bill of this nature should include all stake-holders. Mr Gera, who has been involved in consultations on the bill for the last two-and- ahalf years, concedes that there have been 'horror stories that consumers have faced'. However, he also believes that developers are not the only ones to be blamed when things go wrong. Other stake-holders must also share the responsibility; they include the financial partners, local authorities - planners and service providers - and the consumers themselves. "If you have sanctioned a plan, there should be no going back on it," he explained. "And if we have paid development charges, we expect to get water and street lights. Also consumers must ensure that their payments come in on time." If you must regulate, Mr Gera pointed out, then regulate all the parties, otherwise it "just becomes a witch hunt of developers". Through all the discussions, a single point that emerged was that the real estate sector plays a crucial role in the growth of the economy and it must get the attention it deserves, through clear-cut policies, speedy approvals and the necessary finance. Firoze Vandevala, FRICS, CMD, Hirco Developments Pvt Ltd, summed it up best when he said that in his previous job in the power sector, he felt like he was in a "Ferrari" and it was only a question of doing the laps faster than the competitors. Being in the real estate industry, however, he felt was like being a "hunter in a jungle trying to find his way with a fading torchlight, and everything being very confusing". The ministers should have been there, to listen to these stalwarts of the industry; Kumari Selja, Minister of Housing and Urban Poverty Alleviation and Culture, was to be Chief Guest and Sachin Ahir, Minister of State for Housing was Guest of Honour, but neither of them made it to the event. QUICK BYTES EXPERTS AT THE RICS SEMINAR ANALYSED REAL ESTATE TRENDS AND SPOKE OF THE CHALLENGES INVOLVED THEY POINTED OUT THAT LACK OF CLEAR POLICIES AND OVERREGULATION WERE AMONG THE ISSUES IMPACTING THE SECTOR

News Archive


I’ve been a sports person, and also captained my throwball and volleyball teams. I understand the importance of extracurricular activities in our growing up years.

Trainings provide a child with the required discipline when working within teams as well as gives one the chance to follow what makes you happy. It also enables an overall development!
Dance has been my passion since I was a child and I have been thrilled to see both my little ones have this in their genes too.

This opportunity really came to my doorstep through Gera. My daughters Lavanya and Diya have had an enthralling experience being a part of not just one but three Academies (The Shiamak Davar Dan..

I cannot thank you enough for making our journey with Gera so so interesting and mind-blowing. I had never ever imagined my life taking a beautiful turn with me beginning to start my career as a music teacher that too with SMA (Shankar Mahadevan Academy) and all this has been possible only because of GERA and YOU my dear.
It is only because of your efforts and kind gesture that I could meet the man himself (Shankar Ji) and have a small recording session with him. That was like a dream come true.
I am super excited to start my journey with SMA and Gera as a teacher now.

Apart from that, Me and Prateek have always been grateful to you for making Shiamak happen for us and I ..

It was indeed a pleasure being a part of the Christmas celebrations at Astoria. Kudos to the Gera team for bringing in such a wonderful event with great carol singing participation from our own kids. It brought in the spirit of Christmas and the games, Santa, the gifts only added to it. Thanks for organising such a wonderful event which helped in community building...looking forward to many more such celebrations!


The Christmas event organised at Astoria was a big success and a big step in bridging the gap between us and Gera. It was a memorable event as we are still in the beginning of our journey of life in our little home at Astoria. The kids have been the happiest of all and what more can we ask for when we see smiles on the faces of our little ones. Kudos to you and your team for making this event a huge success! Looking forward to many more in the years to come.


The Christmas party organised by Gera at Astoria this year was a great success with good participation from kids and parents. Our children Sia and Saish enjoyed the party to the fullest. Sia, in particular, had a gala time and reiterated her stand that Anita aunty's parties are THE BEST.... We as your customers take much pride in informing our friends that such goodwill gestures are one of the many differentiators Gera brings to us, which no other builder in Goa can boast of. Many thanks to you and your team for doing an excellent job in putting up this event. We look forward to the next one! A big thanks to the Gera Management for its efforts in community building.