Tough times don’t last, tough people do. These highly enduring words of motivational speaker Robert Schuller sit well on Mr Parveen Jain, the current President of the National Real Estate Development Council (NAREDCO). These are not easy times to be helming NAREDCO, set up as an autonomous, self-regulatory council for the real estate industry in 1998. To put things rather mildly, the industry is going through its toughest phase ever. There are large questions of credibility looming over big names in the industry as buyers and other stakeholders are clamoring for delivery of promised properties for years. Banks are gunning for liquidation.