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NAREDCO NIUA organises national conference on compact cities
Aug 30, 2013
DELHI: National Real Estate Development Council (NAREDCO), in association with the National Institute of Urban Affairs (NIUA), is organizing a National Conference on ‘Compact Cities: The need for Futuristic and Sustainable Habitats’ on Friday,30th August 2013, at India Habitat Centre, Lodi Road, New Delhi.
‘Real Estate Regulation and Development Bill 2013 a positive step’
Aug 30, 2013
MUMBAI: The National Real Estate Developers’ Council (NAREDCO) wants rules and regulations governing real estate sector to be rationalised. It said large portion of the inconsistencies emerge from archaic laws, guidelines that conflict with the development agenda of the economy, disparity in incentives given to larger projects as against the same given to smaller projects. Also, the current FDI norms also make it difficult for smaller developers to access capital easily.
No proposal to hike foreign investment limit in banks: Govt
Aug 24, 2013
DELHI: There is no proposal to hike foreign investment ceiling in the banking sector, the government said today.
Real estate body calls for use of 'Made in India' materials
Aug 23, 2013
MUMBAI: Raising serious concerns on continuous weakening of rupee against dollar, real estate body NAREDCO today appealed to developers to cut down imports of building construction material and instead use domestically manufactured product.
FDI norms need to be revised to provide boost to small developers – NAREDCO
Aug 22, 2013
DELHI: The National Real Estate Development Council (NAREDCO) today urged the Union Government to lower the minimum requirement for developers’ eligibility of Foreign Direct Investment in real estate sector. “This is necessary to bring in more FDI and create more jobs in the real estate sector in the country and help smaller developers meet their funding requirement,” says Sunil Mantri, Vice President of NAREDCO.
Naredco members to visit Dubai to study real estate market
Aug 12, 2013
DELHI: A delegation of National Real Estate Development Council members, led by the Union Housing Minister Girija Vyas, will visit Dubai to study ways to develop the real estate sector here, according to a press release.
'Land, quick approvals necessary for low-cost housing projects'
Jul 24, 2013
MUMBAI: Government needs to ensure availability of land and speedy approvals for effective implementation of low-cost housing projects, real estate developers' body NARDECO said today.
NAR-INDIA National Realtor Convention held in New Delhi
Jul 11, 2013
DELHI: The National Association of Realtors – India ( NAR-INDIA ), held its 5th Annual Convention at Hotel Taj Palace, New Delhi on 6 and 7 of July, 2013. NAR-INDIA was established in the year 2007 as the apex national level association for realtors ( real estate brokers ) in India. In the last 5 years, NAR-INDIA has grown rapidly with member reach across 26 cities with over 25,000 member representatives. The objectives of the association are to bring real estate brokers under a common umbrella,
Bangalore holds potential for investors
Jul 05, 2013
BANGALORE: The National Association of Realtors-India (NAR-India), the national umbrella organisation of realtor associations, is holding its fifth annual convention this year at New Delhi. The convention, also being attended by heads of global realtor organisations, will have discussions on customer service, legal knowledge for brokers, broker-developer interface, finance and tax, excellence in business, real estate investments, emerging challenges, international brokerage practices etc.
BJP-JD(U) split hits sentiment in realty sector in Bihar
Jun 18, 2013
PATNA: The Sunday split in NDA hit the market sentiments, particularly in the real estate sector. But, the prices of available unoccupied flats in multistoreyed apartments in Patna and other cities are not expected to plummet.
Wait over, Cabinet approves Real estate regulatory bill
Jun 06, 2013
DELHI: The long wait is finally over. Real estate industry in India will now have a regulatory body. The Union Cabinet approved the Real Estate Regulatory Authority Bill on 4th June 2013. The Bill would cover all developers coming up with a project of 1000 sq meters and above.
Realtors welcome real estate regulatory bill
Jun 05, 2013
DELHI: Hailing the Cabinet's approval of real estate regulatory bill, realtors' body NAREDCO today said the proposed law will bring transparency in the sector, while helping home buyers in redressal of their grievances.
‘Affordable housing for middle class soon’
Jan 20, 2013
Bhubaneswar: Minister for Revenue and Disaster Management Surya Narayan Patro Saturday said that the State Government is drafting an Act which will provide affordable housing to the middle class population of the State.
Saheed Nagar vendors demand rehabilitation
Oct 20, 2012
BHUBANESWAR: Hundreds of vendors of Saheed Nagar Haat, who were evicted from the market place for construction of a commercial-cum-housing complex in 2004, were up in arms with Bhubaneswar Municipal Corporation (BMC) and construction company demanding rehabilitation in the market complex. The vendors locked up the main gate of the shopping mall, which was scheduled to be inaugurated on Friday and
Staff crunch: BMC’s development works suffer
Aug 23, 2012
Development works under Bhubaneswar Municipal Corporation (BMC) are moving at a snail’s pace, courtesy staff crunch. Even as the city is bursting at its seams, there is no increase in the civic body’s staff strength. And with work pressure on existing officers holding additional charges increased with each passing day, execution of various development works is suffering. Even as a proposal
BMC area increase on hold
Aug 19, 2012
Bhubaneswar, Aug. 18: The Bhubaneswar Municipal Corporation (BMC) has decided to defer the move to bring 21 gram panchayats and two revenue villages under the civic body’s fold in the wake of mounting opposition. On July 30, the BMC council had proposed to bring the new areas within its jurisdiction. “The council only passed a resolution in the form of a proposal. We have decided to defer the
JNNURM gives Rs 3.4 crore to add more buses
Jul 07, 2012
The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has sanctioned around Rs 3.40 crore to add more buses to the existing fleet of city buses operating here. Around 15 big buses have been sanctioned under the JNNURM for the city. “We are planning to write to the authorities to procure 15 mini buses instead of 15 big buses,” Bhubaneswar Municipal Corporation Mayor Ananta Narayan Jen

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