Tag: NAREDCO

Budget 2021: NAREDCO recommends measures to support green shoots in real estate

NEW DELHI: In the aftermath of Covid-19 pandemic, Indian economy grapples with the challenges of recovery, expectations from the upcoming Union Budget are high. Real estate sector, as a generator of jobs (14 per cent) and major contributor to the GDP (7 per cent), is optimistic to seek major reforms with timely policy interventions by […]

Real Estate sector to be soon classified as a different asset class: Hardeep Singh Puri

NEW DELHI:The government of India would ask other financial institutes to open up the financing avenues on the lines of SWAMIH Fund to provide priority debt financing for the completion of stalled housing projects, revealed Hardeep Singh Puri Minister of State (Independent Charge) of the Ministry of Housing and Urban Affairs in his valedictory address […]

NAREDCO announces Zero Stamp Duty for home buyers on its members project in Maharashtra

NEW DELHI: Bringing back the homebuyers into the State’s residential real estate sector, NAREDCO Maharashtra has announced yet another spell of zero- stamp duty on housing sales until 31st December 2020. The decision will allow more homebuyers to buy affordable and luxury residential properties at the lowest ever prices during the pandemic. Over 1,000 NAREDCO […]

NAREDCO Maharashtra developers give a zero stamp duty booster to homebuyers

NEW DELHI: Apex realty body announces festive bonanza to homebuyers by waiving off the stamp duty completely in the state and also on its online portal HousingforAll.com till 31st October 2020. In a move that could benefit homebuyers immensely, revive 250 industries directly and indirectly and at the same time save lakhs of jobs in […]

Calibrated measures to regain momentum in real estate sector, affirmed by Jitendra Awhad

NEW DELHI: Today on a webinar with NAREDCO was Housing Minister of Maharashtra,Jitendra Awhad, addressed the serious concerns of the ailing real estate sector. The long due issues regarding ease of doing business, quick and digitization of approvals, rationalization of ready reckoner rates, suspension of section 18 read with 19{4} RERA act for two years, […]

Rajesh Goel takes over as Director General of National Real Estate Development Council

NEW DELHI: National Real Estate Development Council (NAREDCO) welcomes Rajesh Goel, as the new Director General of the esteemed real estate body which works under the Ministry of Housing and Urban Affairs. Prior to taking over as the Director General of NAREDCO, Goel was serving as the Chairman and Managing Director, Hindustan Prefab Ltd. As […]

NAREDCO launches India’s first e-commerce housing portal-HousingForAll.Com

NEW DELHI: National Real Estate Development Council (NAREDCO), an apex body, formed under the aegis of Ministry of Housing & Urban Affairs, Government of India, today announced the country’s first e-commerce housing portal – ‘HousingForAll.Com’, to create a trusted, secured and seamless journey for home buyers in India and abroad, along with giving a boost […]

Stress fund can help resolve last mile funding crisis in delayed and stalled projects: NAREDCO

NEW DELHI: To help home buyers stuck with under construction homes in projects that have remained unfinished, the government of India has announced a special window to provide last mile funding for housing projects which are non-NPA and non-NCLT and are net worth positive in affordable and middle income category. “The Finance Minister Nirmala Sitharaman who […]

Innovative funding solutions, new growth avenues and technology upgrade to help the sector revive: NAREDCO

NEW DELHI: 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 sector’s revival. The apex body has also announced its 15th […]

More measures needed to increase liquidity: Niranjan Hiranandani

NEW DELHI: A 25 basis point rate cut by the Reserve Bank of India (RBI) would provide momentum to the market, but more needs to be done to address the issue of liquidity, stated Niranjan Hiranandani, President National Real Estate Development Council (NAREDCO) and co-founder and managing director of Hiranandani Group. The lending rate now […]

Affordable Housing gets another boost with year’s extension of Section 80-IBA of the Income Tax Act: Dr. Hiranandani

NEW DELHI: Homer seekers have reason to be happy with the budget speech of the finance Minister Piyush Goyal, said Dr. Niranjan Hiranandani is President (Nation), National Real Estate Development Council (NAREDCO). “For real estate in general and housing in particular, this is a positive budget speech. For the economy, it focuses on the farm sector […]

Budget 2019: NAREDCO seeks rationalization of GST on under-construction properties

NEW DELHI: National Real Estate Development Council (NAREDCO), an apex body of real estate sector, has requested Government to address the key concerns of the real estate industry and home buyers, offer tax incentives across housing segments and boost buyer’s confidence through a slew of measures in the upcoming interim Union Budget 2019-20. NAREDCO, the […]

Opening of KMP Express opens to new possibilities: NAREDCO

NEW DELHI: Kundali-Manesar-Palwal (KMP) Express is emerging as one of the most important Indian long distance expressways which connect Kundli in Sonepat in the North East to Manesar in Gurugram and to Palwal in South West. Welcoming the opening of KMP Expressway NAREDCO Vice Chairman Parveen Jain Said “Today, Prime Minister Narendra Modi inaugurated it […]

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