Real Estate students participate in Chandigarh City Study Tour

As an institution, we made another innovative initiative to increase its engagement with students and prepare them for the professional world through ‘Cities Study Tour.’ The first in the series was Chandigarh city.

This program will familiarize students with the Indian built environment landscape. Each of the metropolitan regions planned in these tours will have a distinct behavior and market practices. These study tours will enrich students in terms of market fundamentals, analyzing real estate market trends, and urban development governance structure and transaction practices. They will be positioned as an important event on students’ calendar who wish to develop cutting edge understanding of emerging market built environment sector.

Chandigarh Study tour

School of Real Estate students travelled to Chandigarh on a two day trip on 29th and 30th Oct, to understand the city by experiencing it live along with faculty members
 
The study tour started with an interaction on town planning. Dr. Ar. Namrita Kalsi, Jt. G.M. Delhi Metro Rail Corporation, Mr. JK Gupta, Former Advisor (Town Planning), Punjab Urban Development Authority and Mr. Manoj Kashyap, Local Director, JLL, Chandigarh at Indian Institute of Science Education and Research (IISER), Mohali were part of the discussion.
 
This was followed by lunch and tri-city (Mohali-Chandigarh-Panchkula) tour. During the tour students were able to understand the development trend which has followed in the tri-city. The day concluded with a visit to one of the premium projects of the tri-city i.e. Beverly Golf Avenue.
 
On the second day, students had an interaction with Ar. Kapil Setia, Chief Architect, Department of Urban Planning, Chandigarh at Le Corbusier Center, Chandigarh along with a batch of students from London. During the interaction, the students as well as faculties were able to understand the design concept behind the planning of Chandigarh city.
 
In the end of tour, an interaction with Col. M.L. Sharma (Retd.), Head Technical & Branch Head Punjab, Property & Assets Management, JLL Building Operations Pvt. Ltd. made students understand the industrial perspective of property and asset management in the tri-city followed by a short trip to Chandigarh IT Park.

Learning outcomes

The students were able to understand:

• Indian built environment sector and its key determinants w.r.t to Chandigarh.
• Appraise project and/or investment opportunities in Chandigarh as a market.
• Understand, compare and analyse different real estate markets in India.