| The
Federation of the Accommodation Industry
of India was
specifically formed to unite all the industries, Organisations, Companies
and Individuals connected with the Accommodation Industry under its motto
- "One
Industry One Voice" |
| The accommodation
Industry cannot be monopolised by only builders or estate agents or only
property owners. It is a very big Industry and also the mother of all
industries. |
| Therefore the urgent need
for a federation to unite all sections of this industry. The federation
only seeks to unite but never interfere with the affairs of any association
or industry in their internal matter. |
| The federation
is concerned with the future of the Entire Industry and identifies the
common goals and objectives beneficial to the accommodation Industry. |
| The accommodation
Industry is the only industry that has 100% Indian Capital, 100% Indian
labour and 100% Indian Technical Know-how and caters to man's essential
requirement - "Shelter". Food, clothing and shelter are the 3 fundamental
needs of man. Ever since Independence, we have received the food revolution,
the clothing revolution but we are far from achieving the housing revolution. |
| In the urban centers of
Mumbai, Delhi, Chennai and Kolkatta more than 75% of our population lives
in slums and only 20 - 25% live in legitimate Houses. Therefore there
is a legitimate need for a housing Revolution. |
| To achieve
a housing revolution, we need to remove all controls on housing and urgently
give recognition to the Accommodation Industry as an Industry so that
project loans are made available on easy interest rates. Once the Accommodation
Industry is recognised as an Industry, then this Industry can embark on
a Housing Revolution. |
| The entire
slum population can be targeted and massive re-housing programmes can
be embarked upon to provide legitimate and free homes to the slum population.
Even the economically weak sections can avail nearly 80% - 90% loans for
buying homes on long term repayment facilities! |
