Target of Housing For All by 2022 will be met two years in advance: Hardeep Singh Puri

The mega mission of the Modi government to provide a roof over the head of each Indian household by 2022 is a highly ambitious agenda that faces formidable challenges but Minister of State (I/C) for Housing and Urban Affairs Mr. Hardeep Singh Puri set the temperatures soaring further high when he ann...Read More

The Government is working towards strengthening RERA further: D S Mishra

Speaking about the Real Estate Regulation Act at the 15th National Convention of  NAREDCO, Durga Shankar Mishra, Secretary, Ministry of Housing and Urban Affair revealed that the government is working towards amending several provisions of RERA which will benefit all stakeholders, be it developers or...Read More

Environmental clearance to real estate will soon be reduced to 60 days: Prakash Javadekar

Speaking at the 15th National Convention of  NAREDCO, Union Minister of Environment and Forests Prakash Javedekar said that his ministry intends to reduce the whole process of environmental clearance to a real estate project to 60 days in a few days to come. He added that the environmental clearances...Read More

Modi’s ‘Housing For All’ Receives Big Boost at NAREDCO’S 15TH National Convention

“Providing a house with basic amenities is the topmost priority of the government led by Prime Minister Shri Narendra Modi for which all stakeholders of the real estate sector need to make their contribution. In this context, I compliment NAREDCO for taking up a very pertinent agenda for its delibera...Read More

For the Reserve Bank of India growth is now the highest priority

by Niranjan Hiranandani The fourth straight cut in the benchmark repo rate is a welcome step which will make borrowings cheaper and would help boost in demand in several sectors like real estate and auto which has been sagging since last several quarters. It would also help in bringing about some bal...Read More

The new innovations will revive the real estate sector: NARDECO

National Real Estate Development Council (NAREDCO) – an apex body, formed under the aegis of Ministry of Housing and Urban Affairs, Government of India, today said that innovative funding solutions, alignment with the newly emerged segments and construction technology upgrade will propel the se...Read More

What Real Estate Expects From The Union Budget 2019

Ms. Nirmala Sitharaman, the new finance minister in Modi Government is set to present her maiden budget on July 5, 2019. And clearly, her focus would be to pull up the GDP growth rate up to 7.5%, as expected by the World Bank. Generating employment is the next issue that the government wants to tackl...Read More

Real Estate Budget Wish List – Address the Liquidity Crunch

by Dr. Niranjan Hiranandani New MODI 2.0 government is all geared to set the ball rolling with its first union budget presentation on 5th July. With this, the Indian real estate sector builds the wish list in anticipation to give much-required impetus to the slow-moving sector. Real estate is highly ...Read More

Modi Returns, Will The Real Estate Reforms Return Too!

Modi is back! Yes, a month-long festival of democracy came to an end with the verdict going in favor of the Narendra Modi-led NDA government. Remarkably, this time the brand Modi broke its own record and came back with more seats than 2014. Among all, the business community was the one which started ...Read More

NAREDCO signed MOU with Construction Skill Development Council of India – RealtyMyths

-To offer certification to the untapped uncertified skilled workforce as a part of Pradhan Mantri Kaushal Vikas Yojna National Real Estate Development Council (NAREDCO) an apex real estate body which works under the aegis of MoHUA, Govt of India has signed a Memorandum of Understanding (MoU) with Con...Read More

Two Years of RERA: Impact on Indian Real Estate – RealtyMyths

by Mr. Parveen Jain, Vice Chairman, NAREDCO & CMD, Tulip Infratech RERA has identified challenges in the last two years of execution and has a long way to go in making the real estate sector more efficient and transparent. The Indian Real estate sector albeit having faced upheavals initially due ...Read More

Experts Believe RBI Repo Rate Cut To Boost Real Estate Market Sentiments – RealtyMyths

Moving on the expected lines, the Reserve Bank of India (RBI), country’s apex bank, today reduced the Repo Rate by 25 basis points. This way, RBI reduced the key lending rate for the second time in a row, bringing it down to 6%. RBI also cut the reverse repo rate by 25 basis points to 5.75%. Th...Read More

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