National Real Estate Development Council (NAREDCO), is the apex body of real estate sector, under the aegis of Ministry of Housing and Urban Poverty Alleviation, Govt. of India. Shri M Venkaiah Naidu, the Hon’ble Minister of Urban Development, Housing and Urban Poverty Alleviation, is its Chief Patron and six Joint Secretary level officers from Central Govt. and Central PSUs are on its Governing Board. Housing and Urban Development Corporation (HUDCO), National Housing Bank (NHB), National Building Construction Corporation (NBCC), DDA, LIC HFL, PNB HFL, HDFC, Cement Manufacturers Association besides leading developers like DLF, K Raheja, Hiranandani, Prestige, Shriram Properties, Tata Housing, Dewan Housing Finance, etc are the founders of NAREDCO. Objectives of NAREDCO interalia include promotion of housing and real estate sector in India and inculcate transparency and accountability for the benefit of the customers. NAREDCO and its State Chapters work in close cooperation with Central and State Govts. to achieve above objectives.
Citing a study reference, National Real Estate Development Council’s National President Dr. Niranjan Hiranandani told that as per the findings of the study conducted by the National Institute of Public Finance and Policy, it has estimated that while 18.92 lakh direct jobs... (more)
The completion will help in boosting the economy in the state and the region
Post Completion Northern NCR cities ie Sonepat, Kundli to witness mammoth expansion
Real Estate Industry body, NAREDCO has urged the Har... (more)
At a time when the Indian banks are adopting a cautious approach for funding real estate projects, Private Equity (PE) funds and Non-Banking Financial Companies (NBFCs) seems to have come to the rescue of the Indian real estate market. Analysts believe that they have the potential to invest in real... (more)
