Latest Realty News

Redevelopment is the future of Mumbai’s realty skyline
Feb 19, 2014
MUMBAI: Five years ago, the redevelopment of Mumbai was on the priority list of government policies. After all, cities remain vibrant if people inhabiting them are enthusiastic about living in those cities. You cannot expect people to exude zest when most buildings in the city are crumbling. The other problem the city faces is that there is no fresh land for development. Hence, the state government is now focused on redeveloping the existing old buildings. However, for one reason or the other, t
Mixed views on linking home loans to stage of construction
Sep 05, 2013
MUMBAI: The Reserve Bank's decision to link disbursal of home loans with stages of construction has received a mixed reaction from the industry, as some believe the move will streamline the sector while others worry it will impact delivery of projects.
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.
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.
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.

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