Real Estate is one of the biggest industry of world. We can also consider it as one of the oldest industry of world.
From Mohenjo-daro, Harappa, Dholavira, to Lothal, we have example of this industry. Lothal, Dholavira show how water & drainage management existed during that period. How industry, ports & Housing were integrated. And despite of being that much old industry, it has still not become an organised industry.
Government is trying to implement some reforms. It’s time for local administration to take lead on same. Most issues in this industry are faced within city & state limits.
Let this industry become first organised in one city, one district & than within State boundary. Doing something across India may take another 20 years than after. We are like EU negotiations, if we try & attempt same pan India.
It’s like what path we should take, socialism or capitalism, for this reform. Socialism based reforms will take 200 more years to give result, capitalism based reforms may make this industry organised in 20 years within state & may be 30-40 years across India. We need dedicated Liasion to achieve same along with visionary state & city leadership. All industries have achieved same by persistent efforts in rule formation for the industry.