RICS to set up institute for real estate in India

U.K.-based Royal Institution of Chartered Surveyors (RICS), a leading organization of its kind in the world for professionals in property, land, construction, and related environmental issues, on Thursday announced its entry into India and setting up of an institute for the real estate sector in the country.

Over one lakh property professionals working in the major established and emerging economies of the world have already secured the RICS status by becoming its members. In India, RICS has appointed renowned members of the Indian property sector to form a review panel to ensure that RICS membership is awarded to professionals in India who will maintain exemplary standards.