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China, India and Middle East the future says RICS CEO
27 Jan 2009
The Indian real estate market is set to enter a mature and reflective phase, the Chief Executive of the Royal Institution of Chartered Surveyors has said.
Chief Executive Louis Armstrong said the slowdown in India would allow a healthy correction as well as the implementation of international standards and qualifications.
Speaking to Cityscape Intelligence, he added the RICS was in a good position as more people were striving to attain qualifications. He said: “We are in a very buoyant position in this downturn and people want to work hard, better themselves and become qualified. The future isn’t in Western Europe and America, it is in the Middle East, India and China.”
Full interview “Setting International Standards: The Royal Institution of Chartered Surveyors”
Source: Cityscape Intelligence
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