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  • 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.

  • Builders want rollback of tax on dividend on InvITs, REITs Feb 12, 2020 03:05 PM IST

    Builders want rollback of tax on dividend on InvITs, REITs

    (NAREDCO), an apex body formed under the aegis of Ministry of Housing & Urban Affairs, in a letter to Economic Affairs Secretary Atanu Chakraborty, has recommended that continuation of dividend exemption in the hands of the unit holders will help in de-stressing the banking system.

  • Budget 2020 has no bearing on real estate, focus continues on infrastructure, say experts Feb 01, 2020 06:18 PM IST

    Budget 2020 has no bearing on real estate, focus continues on infrastructure, say experts

    Real estate developers disappointed with the Budget, say it failed to address liquidity concerns and did not provide any major incentives to boost sluggish sales.

  • NAREDCO's portal can become the 'Amazon' of real estate sector: MoHUA Secretary Jan 14, 2020 08:03 PM IST

    NAREDCO's portal can become the 'Amazon' of real estate sector: MoHUA Secretary

    "The housing website is an important step towards empowering homebuyers and will enable them to take an informed decision," he said.

  • Stressed realty projects fund: 4 of 200 applications approved, says Niranjan Hiranandani Jan 09, 2020 09:10 AM IST

    Stressed realty projects fund: 4 of 200 applications approved, says Niranjan Hiranandani

    The four approved in the first round are of Rs 25 crore each. As many as 2.5 lakh housing units expected to benefit

  • Budget 2020: Real estate sector proposes one-time roll over of loans and incentives for rental housing Jan 08, 2020 09:59 PM IST

    Budget 2020: Real estate sector proposes one-time roll over of loans and incentives for rental housing

    Steps must be taken to enhance liquidity, subvention schemes be restored, taxes rationalised and home loan interest rates be lowered, recommends Naredco.

  • Housing for all target of Rs 1.12 crore houses to be achieved two years in advance: Hardeep Singh Puri Aug 20, 2019 09:51 PM IST

    Housing for all target of Rs 1.12 crore houses to be achieved two years in advance: Hardeep Singh Puri

    PMAY riding on an investment worth over Rs 5 lakh crore

  • 44,000 cases registered with RERA so far, 23,000 disposed of: Housing Secretary Aug 19, 2019 10:10 PM IST

    44,000 cases registered with RERA so far, 23,000 disposed of: Housing Secretary

    Finance minister is contemplating to set up stress fund for various infrastructure sectors, including real estate and power, Mishra said at the 15th National Convention of NAREDCO - Housing for all 2022

  • Women emerging as critical homebuyer segment; number of women entrepreneurs on the rise Mar 08, 2019 06:49 PM IST

    Women emerging as critical homebuyer segment; number of women entrepreneurs on the rise

    Contrary to the increasing conservative preference for compact homes, the Indian millennial woman does not want to compromise on property size.

  • NAREDCO seeks more liquidity for real estate sector; lower GST on cement Mar 01, 2019 07:55 PM IST

    NAREDCO seeks more liquidity for real estate sector; lower GST on cement

    NAREDCO President Niranjan Hiranandani welcomed the GST Council's decision to cut tax rate on sale of under-construction flats, but sought reduction in taxes on key raw material cement that attracts a GST rate of 28 per cent.

  • Proposals of GoM panel on real estate may address homebuyers' input tax credit woes Feb 08, 2019 08:37 PM IST

    Proposals of GoM panel on real estate may address homebuyers' input tax credit woes

    The recommendations are "aimed at reducing the impact of GST on the end-consumer and simplifying the compliance requirements of the developer.

  • Deconstructing Budget 2019: What's in it for homebuyers and real estate developers Feb 01, 2019 06:43 PM IST

    Deconstructing Budget 2019: What's in it for homebuyers and real estate developers

    The proposal that no notional rent will be levied on second self-occupied homes and that capital gains up to Rs 2 crore can be used to buy two houses, is expected to boost demand for housing.

  • Govt must boost liquidity in realty sector; create Rs 2,000 cr fund for stalled projects: NAREDCO Jan 22, 2019 07:28 PM IST

    Govt must boost liquidity in realty sector; create Rs 2,000 cr fund for stalled projects: NAREDCO

    On the GST, the association welcomed setting up of a group of ministers (GoM) to consider rationalisation of rate. It demanded that the GST should be brought down to 5 percent with input tax credit (ITC) for affordable housing from 8 percent, while for other projects the rate should be 8 percent with ITC from the present 12 percent.

  • Can homebuyers be deprived of a refund under RERA? Jan 22, 2019 10:27 AM IST

    Can homebuyers be deprived of a refund under RERA?

    While Section 18 of RERA Act clearly states that a homebuyer can seek refund and ought to be compensated for ‘undue’ delays in a project, experts said a withdrawal by a handful should not jeopardise completion of an entire project

  • Budget 2019: Here's a wish list from the real estate sector Jan 17, 2019 05:03 PM IST

    Budget 2019: Here's a wish list from the real estate sector

    While homebuyers want the government to create a stressed asset fund to deal with incomplete projects, developers are hoping that the government will bring stamp duty within the purview of GST.

  • Defaulting builders' cases should go to RERA regulators before NCLT: Realtors' body Jan 06, 2019 12:11 PM IST

    Defaulting builders' cases should go to RERA regulators before NCLT: Realtors' body

    The association also recommended that any dispute regarding new projects should only be heard by state regulators set up under RERA, and not consumer courts

  • Five new cities planned along both sides of KMP and KGP in Haryana: Manohar Lal Khattar Oct 26, 2018 09:40 PM IST

    Five new cities planned along both sides of KMP and KGP in Haryana: Manohar Lal Khattar

    He also announced that the Transit-Oriented Development (TOD) policy is being extended by 90 days.

  • NAREDCO inks pact with Housing and Urban Affairs ministry for skill training Oct 02, 2018 05:04 PM IST

    NAREDCO inks pact with Housing and Urban Affairs ministry for skill training

    Around 2.5 lakh urban poor will be trained under this programme

  • Resolution to homebuyers' problems needs to be concluded at the earliest: Puri Jun 01, 2018 09:10 PM IST

    Resolution to homebuyers' problems needs to be concluded at the earliest: Puri

    Government sets up advisory committees to address home buyers issues

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