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  • NAREDCO sets up finance committee to help builders procure funds from banks, NBFCs Oct 21, 2022 08:03 PM IST

    NAREDCO sets up finance committee to help builders procure funds from banks, NBFCs

    The committee will also support large-scale projects to access funds via financial institutions and educate members about the ways to enhance their credit ratings, NAREDCO said in a statement

  • Naredco signs MoU with Warehousing Association over land-related issues Jul 27, 2022 02:16 PM IST

    Naredco signs MoU with Warehousing Association over land-related issues

    The agreement will help address land-related difficulties faced by developers engaged in the construction of warehouses.

  • Credai, Naredco expect steel prices to come down after govt's measures May 23, 2022 04:34 PM IST

    Credai, Naredco expect steel prices to come down after govt's measures

    Realtors’ bodies Credai and Naredco have hailed the government’s measures to bring down the prices of steel and cement and hoped that the manufacturers will pass on the benefits to their customers.

  • Real estate market sentiment up in Q1 2022: Knight Frank-Naredco index Apr 20, 2022 07:43 PM IST

    Real estate market sentiment up in Q1 2022: Knight Frank-Naredco index

    The South Zone remains the most optimistic market with the highest score across zones in the current quarter.

  • Budget 2022 wishlist: Realtors want deduction limit for interest on home loans to be raised to Rs 5 lakh Jan 10, 2022 02:14 PM IST

    Budget 2022 wishlist: Realtors want deduction limit for interest on home loans to be raised to Rs 5 lakh

    The Union Budget 2022 should also expand the definition of affordable housing to include houses priced beyond Rs 45 lakh in metro cities, Credai and Naredco have said

  • Women professionals should come forward to work in the Indian real estate sector: Housing Secretary Sep 24, 2021 10:23 PM IST

    Women professionals should come forward to work in the Indian real estate sector: Housing Secretary

    Naredco launches women’s arm that will focus on gender representation in the real estate sector

  • PM Modi to launch Swacchh Bharat Mission Urban 2.0 on October 1, says official Sep 24, 2021 10:19 PM IST

    PM Modi to launch Swacchh Bharat Mission Urban 2.0 on October 1, says official

    Swacchh Bharat Mission Urban 2.0 will focus on waste and sludge management.

  • Naredco team meets FM; demands one-time loan restructuring, funding for stuck projects Jul 16, 2021 10:01 PM IST

    Naredco team meets FM; demands one-time loan restructuring, funding for stuck projects

    The body has also demanded extending suspension of some provisions of insolvency law by one more year.

  • Noida builders seek rollback of hike in one-time lease rent, purchasable FAR charges Jul 16, 2021 01:07 PM IST

    Noida builders seek rollback of hike in one-time lease rent, purchasable FAR charges

    The developers also discussed the delay in registering flats at a recent meeting with UP government officials

  • NAREDCO Maharashtra launches Ambarnath-Badlapur unit Jul 05, 2021 07:51 PM IST

    NAREDCO Maharashtra launches Ambarnath-Badlapur unit

    The project will unlock over 10,000 affordable homes from over 100 members

  • Real estate sector to cross $1 trillion by 2030: Housing Secretary May 31, 2021 04:30 PM IST

    Real estate sector to cross $1 trillion by 2030: Housing Secretary

    Housing Secretary Durga Shanker Mishra said the sector is also very important from the point of view of employment and highlighted that out of 50 crore jobs, real estate provides 5.5 crore employment opportunities.

  • Govt will look into real estate developers’ demand for extension of project completion timelines: Housing Secretary May 28, 2021 06:35 PM IST

    Govt will look into real estate developers’ demand for extension of project completion timelines: Housing Secretary

    Regarding increase in prices of steel and cement, the housing secretary said he had taken up the matter with the concerned ministry and would do so again

  • DDA’s Green Development Area Policy to boost green development, curb pollution in Delhi Apr 06, 2021 09:27 PM IST

    DDA’s Green Development Area Policy to boost green development, curb pollution in Delhi

    Expected to enable investors to monetise land investment 

  • Worst is over for real estate sector, but more financial support needed: NAREDCO Mar 02, 2021 04:02 PM IST

    Worst is over for real estate sector, but more financial support needed: NAREDCO

    NAREDCO also said demand for commercial office space is expected to be back to 80 percent of the pre-COVID level after July as more people return to work after vaccination.

  • Give infrastructure status to the real estate sector: NAREDCO Jan 14, 2021 07:15 PM IST

    Give infrastructure status to the real estate sector: NAREDCO

    Increase tax deduction on home loan interest from Rs 2 lakh to Rs 5 lakh, NAREDCO said in its wishlist for Union Budget 2021-22.

  • States must cut stamp duty to boost housing sales: Naredco President Niranjan Hiranandani Dec 21, 2020 02:36 PM IST

    States must cut stamp duty to boost housing sales: Naredco President Niranjan Hiranandani

    Stating there was need to set up more stress fund like the government-backed Rs 25,000 crore Special Window for Affordable and Mid-Income Housing (SWAMIH) fund, he said the centre should enable banks and financial institutions to set up at least five similar funds totaling Rs 1,25,000 crore.

  • Low interest rates to continue for the next 6-12 months: Keki Mistry Nov 26, 2020 05:56 PM IST

    Low interest rates to continue for the next 6-12 months: Keki Mistry

    Keki Mistry, Vice Chairman and CEO, HDFC Ltd, says benign interest rate regime will continue going forward and that rates will go up only after economic activity gathers more pace and inflation pressure rises

  • Naredco-Maharashtra extends stamp duty waiver scheme by two months to push housing sales Nov 23, 2020 08:08 PM IST

    Naredco-Maharashtra extends stamp duty waiver scheme by two months to push housing sales

    The apex body of developers says zero stamp duty has pushed Mumbai’s residential realty sales by 300 percent from August 2020 to October 2020, to organise three–day Real Estate and Infrastructure Investors’ Summit 2020 from November 25 to 27.

  • Now Maharashtra builders to offer zero stamp duty to homebuyers Sep 03, 2020 07:17 PM IST

    Now Maharashtra builders to offer zero stamp duty to homebuyers

    The offer by NAREDCO Maharashtra members is available from September 3 until October 31, 2020. All the projects are RERA registered.

  • Naredco urges Maharashtra government to expedite clearance of projects around flamingo sanctuary Jun 30, 2020 09:16 PM IST

    Naredco urges Maharashtra government to expedite clearance of projects around flamingo sanctuary

    According to NAREDCO, over 5,000 projects have been affected due to delay in issuing of final notification

  • Exclusive | NAREDCO's Hiranandani on Piyush Goyal advice: Builders with big borrowings must cut prices Jun 05, 2020 11:52 AM IST

    Exclusive | NAREDCO's Hiranandani on Piyush Goyal advice: Builders with big borrowings must cut prices

    Government should scrap Section 43 CA of IT Act, reduce ready reckoner rates if it wants price reduction of over 10 percent

  • Naredco-UP signs MoU with UP government to provide jobs to 2.5 lakh labourers May 29, 2020 08:26 PM IST

    Naredco-UP signs MoU with UP government to provide jobs to 2.5 lakh labourers

    Around 1.25 lakh workers will be absorbed at project sites spread across Ghaziabad, Noida and Greater Noida in Delhi-NCR

  • Builders in Uttar Pradesh ask state government to reduce circle rates, waive stamp duties Apr 29, 2020 09:37 PM IST

    Builders in Uttar Pradesh ask state government to reduce circle rates, waive stamp duties

    Lease rent should be deferred for a year and extension for 12 months should be given for paying interest installments as restarting construction activities may take time, the realtors said

  • Offer home loans for 20-year-period to spur demand: Nitin Gadkari Apr 29, 2020 06:36 PM IST

    Offer home loans for 20-year-period to spur demand: Nitin Gadkari

    Consider construction activity in industrial clusters, smart cities and smart villages being proposed along highways

  • Coronavirus impact: Real estate sector to incur loss of Rs 1 lakh crore Apr 09, 2020 05:31 PM IST

    Coronavirus impact: Real estate sector to incur loss of Rs 1 lakh crore

    Naredco seeks a $200 billion package from the government to kick-start the economy. Affordable housing to make a comeback first; Property prices may fall by 10-15 per cent.