To protect the interest and values of all involved in the real estate trade, including customers and investors, the State’s real estate players on Monday formed a body, the Association for Odisha Realestate Developers (AFORD).
BJD senior leader and Bhubaneswar MP launched the AFORD by unveiling its official logo here. “This is really a matter of pleasure and satisfaction that the builders are signing a code of ethics and self regulation. This will boost the faith and reliability of the customer. Transparency in the trade is the need of the hour,” Patsani said.
He said development of Bhubaneswar will be at par with other Metro cities within next 10 years. Inaugurating the website of AFORD, www.aford.co.in, Brahmapur MP Sidhant Mohapatra said, “The State needs ethical practice in real estate industry.”
Members of the association also signed a ‘Code of Ethics and Self Regulation’ (CESR) in which the declared that they would maintain the ethics and abide by the law.
Among others, Begunia MlA Prasant Jagdev, BMC Mayor Ananta Narayana Jena, AFORD president Er Umesh Patnaik and general secretary Nishith Ranjan Nanda spoke.