To bridge the policy gaps and for the evolution of a data-driven real estate sector, the Pakistan Institute of Development Economics (PIDE) has inked an MoU with Graana.com for the initiation of the Real Estate Economics course. The initiation of the course will help to bridge the gap between academia and the real estate sector which will enable to drive the future discourse of the real estate sector with the proper backing of research methods and techniques.
Signatories to the memorandum included Dr. Durr-e-Nayab, Pro-Vice-Chancellor, PIDE while Mr. Shafiq Akbar, CEO, Graana.com became the signatory on the behalf of Graana.com. Moreover, with the backing of economics, the course will help to harness the role of economics in the real estate sector which will also help to determine the potential of the allied industries.
The signing ceremony was also graced by the presence of Dr. Shujaat Farooq, Dean, PIDE; Mr.Khurram Elahi, Lecturer, and Ms. Hania. Furthermore, Group Directors Graana.com, Mr. Farhan Javed, Mr. Arsalan Javed and Director PropSure Taimoor-ul-Haq Abbasi were also present at the signing ceremony.
Speaking on the occasion, Dr. Durr-e-Nayab, felicitated Graana.com and appreciated their efforts for bringing transparency in the real estate sector through the introduction of technology particularly the digital mapping of urban areas. Similarly, CEO Graana.com Mr. Shafiq Akbar was of the view that this is a beginning of a new chapter in the real estate sector of Pakistan and the expertise of PIDE will help to identify and address the loopholes in the sector. Contemporarily, the real estate sector is dependent on colloquial information and lacks evidence-based information, by combining the synergies of both entities the authority of the real estate sector in the country will be enhanced and a new set of opportunities will be explored.