Naredco

Secretary also indicated that necessary reforms will be introduced to further strengthen RERA in multiple states so that housing projects, particularly in the affordable housing segment, do not suffer delays due to registration issues.

Delhi CM aims to turn slums into homes, seeks PPP models from realtors

The chief minister added that the state government just needs two years to revamp Delhi and cover past 10 years’ developmental backlog.

Real estate sector backs Draft Registration Bill 2025 as path to transparent property market

Real estate stakeholders said that the move reflects a serious intent to simplify procedures, bring in transparency, and reduce the administrative burden on homebuyers, investors, and developers alike.

Invest in rain water harvesting at housing projects to meet sustainability challenges: MOHUA to builders

The additional secretary also emphasized that investment in rain harvesting projects should be a core infrastructure plan for the private sector in housing complexes, particularly in the affordable housing sector.

New govt must bring policy reforms in realty sector, cut home loan interest rate: Builders

The association also sought streamlining of getting approvals to develop projects.

Over 3 crore new jobs created in real estate sector in last 10 years on policy reforms: Anarock-NAREDCO

Real estate consultant Anarock and realtors' body NAREDCO on Monday released a report 'Real Estate Unboxed: The Modi Effect', which stated that Indian residential real estate market has greatly benefited from several reforms by the Modi-led government, helping the industry to not only to emerge stronger but also to scale new heights.

Prashant Sharma becomes President of NAREDCO-Maharashtra

In a statement, NAREDCO-Maharashtra said that Sandeep Runwal has now become the Vice Chairman of the association.

NAREDCO urges finance ministry to introduce second phase of SWAMIH Fund

The builders’ body has also sought the removal of tax on notional rent levied on unsold stock.

NAREDCO seeks Rs 50000 cr more in budget under SWAMIH for stalled housing projects; input tax credit under GST

NAREDCO has suggested the finance ministry to come up with a second tranche of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund with Rs 50,000 corpus in the upcoming Union budget for 2024-2025 fiscal year.

Real estate optimism improves on economic stability: Knight Frank-NAREDCO

Both the current and future sentiment scores indicate that developers and investors are optimistic about the sector’s prospects.

MC Exclusive: Over 4 lakh apartments in Maharashtra worth over Rs 1 lakh crore fall under lapsed real estate projects class: MahaRERA data

Of the total, 70 percent of the lapsed projects are present in Mumbai Metropolitan Region and Pune. Nashik, Aurangabad and Nagpur have 254, 102, and 202 lapsed projects, respectively.

Real estate developers body NAREDCO writes to Defence Ministry over stalled redevelopment of 5,000 projects in Mumbai

The letter has sought a resolution to the order that put on hold its December 2022 order lifting restrictions for construction in close proximity of defence establishments.

UP developers seek lenient terms their counterparts in Haryana enjoy

The Uttar Pradesh chapter of the National Real Estate Development Council (NAREDCO) has written to UP Chief Secretary Durga Shanker Mishra requesting him to accept the OTS proposal by adopting either the State Bank of India’s MCLR or marginal cost of funds-based lending rate (simple interest) from the date of allotment, or adopt an OTS scheme on lines of Haryana’s “Samadhan se Vikas” policy, and then reschedule the outstanding amount thus worked out.

Budget 2023: Grant infrastructure status to real estate sector to facilitate long-term funding, says Niranjan Hiranandani

The government should offer personal tax relief to homebuyers and raise the loan-to-value ratio to 90 percent to boost sales, says the vice chairman of real estate body NAREDCO.

Budget 2023 wish list: Real estate sector seeks infrastructure status, tax breaks, push for rental housing

Experts say the government should consider increasing the SWAMIH fund, intended for stalled projects, from Rs 5,000 crore to Rs 50,000 crore to ensure the completion of stuck projects and boost homebuyers’ confidence

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

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

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

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

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

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

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

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

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

NAREDCO Maharashtra launches Ambarnath-Badlapur unit

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