By MST Business | September 19, 2013 |
manilastandardtoday.com
The Organization of Property
Stakeholders Inc., composed of real
estate developers, brokers, and members of the banking industry, is set to hold
a summit to identify the major challenges affecting the stakeholders in the
multi-billion peso real estate industry.
With the theme “Transparency,
Efficiency, and Accountability: A Challenge to All Property Stakeholders,” the
summit will be held on Oct. 18 at the Marco Polo Hotel in Davao City.
Tops president Michael Jansen Abella
said the summit, a “highlight event for 2013,” would focus on the present
status of the industry as well as review of the existing processes and come up
with solutions to cope with the booming real estate industry.
Abella said the summit would be very
timely and relevant as this aimed to further improve private-public
coordination in the hope that the industry can grow and sustain the demand
created by the growth of the real estate industry.
The Land Registration Authority and
other government agencies were invited to grace the event.
Abella said the summit would bolster
the private sector’s and government’s shared vision and common goal that would
ultimately benefit the transacting public. He acknowledged the government’s
efforts in reaching out to the private sector, and said that Tops aimed to do
the same by supporting its projects and programs.
LRA administrator Eulalio Diaz III cited the forthcoming event as very
timely in view of the agency’s stepped up implementation of the land titling
computerization program, strengthened drive against organized crime involved in
fake land titles, and closer coordination with pertinent agencies and private
corporations servicing property owners.
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