Hyderabad contributes significantly to the Realty Sector in the Country. The city has produced two National Presidents of 11 years old National Association of Realtors(NAR) India in the past. Now the third one Sumanth Reddy Arani is elected as its 12th National President. He assumes Charge of this PAN India major trade organization at its just-concluded India’s biggest reality annual convention called 11th NAR India Convention titled Game Changers.
NAR India is the top representative body and advocacy group for those in the Real Estate Transaction Advisory. Formed in the year 2008, over the period of last one decade, it has transformed the way Realtor Professional is perceived in India. It has 30,000 members across 47 cities all over India. The other two city realtors who served as Presidents in the past include D. Sreedhar Reddy, Vijay Saradhi.
Reddy is a dynamic Real estate professional with more than 17 years of progressive career success within the Residential real estate industry with a proven track record in a complex market. He is a Real Estate Advisor / Consultant Specializing in Residential Real Estate and Land acquisitions.
An alumnus of Jamshedpur-based XLRI (Xavier School of Management) Sumanth Reddy is a well-known realtor not only in the city but across the country. A soft-spoken Reddy takes his profession very committed.
He was unanimously elected as President last year its annual convention held at Bengaluru. He will be in the office for one year term for the year 2019- He succeeds his predecessor Irshad Ahmed.
Sumanth Reddy until recently served as President of Hyderabad Realtors Association. He is a very committed Realtor. He has been striving hard to increase the image of the Realtors, the real estate broker. Expressing his delight over the election and assuming charge, Sumanth Reddy said: “i will strive hard to provide a common platform, to educate and empower my fellow realtors”. 80 percent of real estate transactions in India happens through realtors. Realtors play a major role. Realtors like in the past are well educated, highly informed and advise people in their property transactions. Reddy was also South Zone Head of NAR India.
My goal as the National President of NAR India is to set the highest and most ethical standards and practices in the field of real estate consulting and nothing less, he declares.