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National Real Estate Development Council Archive

State Bank of India has set a target to extend Rs 500 cr worth home loans in Odisha

According to latest reports, in Odisha SBI, a public sector lender had advanced home loans of worth Rs 400 cr for year 2014 – 2015 and now country’s largest public sector lender SBI (State Bank of India) has set a target to extend Rs 500 cr worth home loans in Odisha for the year 2015 […]

Need of Time-Bound Infrastructure Development for the Growth of Real Estate Market in MMR and Mumbai, Niranjan Hiranandani

According to Niranjan Hiranandani, MD of Hiranandani Communities and Founder-First President of NAREDCO (National Real Estate Development Council) Maharashtra that works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India, stated that Infrastructure projects and their timely completion are responsible for the success and growth of Mumbai Metropolitan Regions and […]

With new depreciation formula, the taxes on old properties will be more

Recently, Maharashtra State Government circulate new circular, which aims to increase the stamp duty revenue with the help of change in method of calculation of depreciation in old residential as well as commercial building  and it has caused a flutter in the real estate industry of Mumbai. As per the statement of legal experts, The […]

NAREDCO proposed to construct 1 lakhs affordable housing units, says Niranjan Hiranandani

If you are the one who is seeking for affordable housing unit in Maharashtra, so here is good news for you as recently NARDECO or the National Real Estate Development Council has come up with news in festive season that it is going to build more than one lakhs affordable housing units with no profit […]

NARDECO will construct one lakhs affordable homes in next one year

NARDECO (the National Real Estate Development Council), the umbrella developer body was formed under the ruling of Ministry of Housing and Urban Poverty with an objective to alleviate the work of central government. Niranjan Hiranandani, MD of Hiranandani Constructions Pvt. Ltd is now act as the president of Maharashtra NARDECO unit. The National Real Estate […]

“We’ll ensure housing projects complete on time” – Maharashtra Govt.

The state Finance and Planning Minister, Sudhir Mungantiwar has announced that the government will provide all the required assistance to ensure real estate developments are executed in a time-bound manner. Urging developers to take up affordable housing projects at a real estate summit organised by National Real Estate Development Council (NAREDCO) Mungantiwar said that realtors […]

Review decision can hurt the real estate sector: CM, Devendra Fadnavis

The decision of New CM, Devendra Fadnavis to review all major property development projects can hurt the real estate sector, as all the projects which was cleared in last four to six months of the previous government has put the sector in a fix. Big real estate projects are involving the huge cost and the […]

Consultations with stakeholders on Real Estate bill on Sept 19

The Ministry of Housing and Urban Poverty Alleviation will hold consultations with stakeholders on the Real Estate (Regulation and Development) Bill on September 19. The consultations will be held with representatives of the Ministries of Environment and Forests and Climate Change, Consumer Affairs, Civil Aviation, and Culture, a statement from the Ministry said. Before seeking […]