Real estate firm to help HSVP to adapt its land assets

Real estate firm to help HSVP to adapt its land assets

In a bid to deliberately plan and promote its real estate projects, Haryana Government has decided to rope in a real estate advisory firm.

The real estate guide will work with Haryana Shehri Vikas Pradhikaran, an excellent organization of the State Government occupied with the arranged advancement of metropolitan regions. The public authority is hoping to enlist a firm which has a worldwide reach with admittance to business sectors like the US, UK, Middle East, Singapore among different nations.

Quite, the real estate sector had endured a significant shot because of the first and second rush of COVID-19 pandemic in 2020 and 2021 separately. HSVP, recently known as Haryana Urban Development Authority has additionally been reeling under monetary emergency and hoping to adapt its property resources spread across the state to work on its monetary condition.

“The government has planned to identify potential investors including domestic and international corporates or developers to promote its projects and auction HSVP’s commercial and residential properties. An advisory firm will be conferred with the task to prepare projects in response to specific market demands and promote it on a larger scale,” said a senior officer of the State Government while talking to The Pioneer.

“The move to hire a global real estate advisory firm is aimed at reaching prospective investors and increasing the revenue of HSVP through property auction. The firm will market the projects of HSVP to prospective investors and reach out to them through virtual mode or by planning roadshows, conferences and other promotional events,” the official said.

Among different attempts to be done by the warning firm incorporate giving pertinent market data and patterns, leading site visits with financial backers, caring for the showcasing system of real estate projects.

At present, the HSVP is doing checking, digitization and geo-referring to of its property across the state. The authority has intended to get the most recent high goal satellite symbolism for HSVP and Urban Estates Department purview of every one of its properties in Haryana.

The arrangement incorporates digitization of sajra plans, endorsed design plans, division plans and drafting; undertaking ground truthing and super inconvenience of format plans and outline plans, over GIS planning of HSVP properties in the state.

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Real Estate