The land plays a big factor in the initiation of a school and the real estate sector has a chief role in planning and providing the required land and infrastructure for commercial purposes.
There is no shortage of challenges while starting a school and dearth of land being the biggest one.
A report states that a tribal community donated a sizable land to establish a school in one of the remotest areas in India. They conceived the idea of bringing a change in the locale by starting a school. Evidently, education has a chief role in social development and brings ample opportunities.
Another case is about a village in Cambodia where people established a school in a pond using bamboo. This reflects how the indigenous people come up with inordinate ways when faced with want of land.
Many countries are involved besides India like Chinese philanthropists are showing their commitment towards domestic schools and so are the ones from South east Asia
The way in which schools are developing triggered an idea to write an article on how real estate entities make a difference by starting a school in India
The real estate has involved in the process of urban development, providing infrastructure for the rising middle class. If we give an insight into it, the real estate players would also benefit if they decide to establish schools. The value that a school holds is of great significance which would become the reason for many buyers to start a venture like this. Proximity is a benefit for children. Providing a cordial environment to children should be our primary goal.
They are taking inspiration from CSR initiative which are spending a sizeable amount on schooling and improvement of education.
The experience that we have as K-12 school consultants reflects about how critical it is to have inflow of capital from real estate into schools for the social development.
We have, in the course of our venture, helped several real estate firms in establishing and managing schools.