National Real Estate Development Council (NAREDCO)

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

From ‘Influencer’ to ‘Actual buyer’: Women Emerging as New Age Homebuyers – RealtyMyths

Dr Niranjan Hiranandani – National President – NAREDCO & CMD- Hiranandani Communities Empowering women in India moves along twin tracks – first, the accepted norms and second, the new age opportunities that women are creating in an evolutionary stage for India. Among the aspects that define...Read More

NAREDCO welcomes lowering of GST; demand for further rationalization – RealtyMyths

Lowering of GST will boost housing in general and affordable housing in particular Will boost the overall economy and employment will push the sale of under-construction properties, However, fixing the upper ceiling of cost at Rs. 45 lakh for affordable housing for the whole country may be a deterren...Read More

Shriram Properties Partners with a Kotak Fund for its Affordable Housing Project in Kolkata – RealtyMyths

Kotak India Affordable Fund investing up to Rs.400 million in “Shriram Grand 2” Shriram Grand 2 is a 2-million sq.ft. affordable housing project in Kolkata Maiden investment by the Fund that has CDC Group plc as an anchor investor Shriram Properties Limited (“SPL”), one of the leading residential rea...Read More

Interim Budget 2019: Why Real Estate Market Should Cheer – RealtyMyths

 Being the last budget before the general elections, the industry was actually expecting a populist budget from the interim finance minister. However, Mr. Piyush Goyal indeed faired well and presented a well-balanced Budget, giving full impetus to every sector. The government’s decision to ext...Read More

Union Budget 2019: Affordable Housing gets another boost – RealtyMyths

Homer seekers have reason to be happy with the budget speech of the Hon’ble Minister Shri Piyush Goyal. For real estate in general and housing in particular, this is a positive budget speech. For the economy, it focuses on the farm sector and the middle class. I would rate it as “9 out of 10,” becaus...Read More

Government push to affordable segment will boost its growth.

In the past three years, government policies have led to the growth in the affordable housing segment. It has emerged as the most preferred segment. Moreover, a month of June has been a boost to this segment. Recently, RBI revised the housing loan limit for priority sector lending (PSL). The governme...Read More

GST major reform for Indian economy, real estate needs a few aspects to be tweaked

Dr. Niranjan Hiranandani The Goods and Services tax (GST) has undisputedly, been the biggest reform for the Indian economy since 1947, as also a paradigm changing event for the real estate industry. On completion of the first year under the GST regime, Mr. Niranjan Hiranandani, President, National Re...Read More

NAREDCO hails the overall budget, says it will also provide impetus for housing and real estate sector

RM Correspondent, India’s premier apex body for real estate sector, National Real Estate Development Council (NAREDCO) has hailed the overall budget presented by Finance Minister, Mr. Arun Jaitley and feels that the Government has continued making announcements that will take the country on the path ...Read More

NAREDCO shares their PreBudget expectations

by RM Correspondent National Real Estate Development Council (NAREDCO), an apex body of real estate sector, to-day requested Government to incentivize developers and home buyers, through upcoming budget 2018-19, to increase supply and purchasing power of home buyers with a view to achieving the Gover...Read More

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