NAREDCO
Housing sales may take a hit on higher mortgage rates: CREDAI, NAREDCO
Realtors' industry bodies CREDAI and NAREDCO have expressed concerns about rising home loan costs. The Reserve Bank of India raised the repo rate by 25 basis points, signaling potential further hikes. This increase could dampen housing sales during the upcoming festive season despite strong underlying demand. Experts believe that long-term buyer sentiment will support the market resilience. Overall, housing demand in major cities showed a slight annual increase recently.
RBI rate hike to test housing affordability, premium segment seen more resilient
The Reserve Bank of India recently raised the repo rate by 25 basis points to curb inflation. This increase is expected to raise borrowing costs for banks, affecting interest rates on home loans. First-time and price-sensitive homebuyers in the affordable housing sector may feel the impact more significantly. Market experts anticipate that strong demand fundamentals will mitigate some negative effects. The overall housing market remains robust, especially in higher-priced segments.
Maharashtra sets stricter redevelopment norms, higher safeguards for housing societies
Maharashtra has tightened redevelopment rules for cooperative housing societies, introducing stricter requirements for developer selection, tendering, member approvals, documentation and project timelines. The revised framework requires at least three developer bids, 51% member approval, video recording of selection meetings and redevelopment agreements within three months. Projects should be completed within two years of the plinth certificate.
Mumbai property market continues strong run, records best-ever September
Mumbai recorded its strongest-ever September for property registrations, with 12,560 transactions, up 4% year-on-year, according to Maharashtra registration data. Stamp duty collections, however, fell 4% to ₹1,242 crore, reflecting a change in the mix of transactions.
India breaks into top 30 transparent real estate markets, ranks 26th globally
Achieving a remarkable 26th place in the global real estate transparency rankings, India stands out in the Asia Pacific region. The recent strides in regulatory practices have propelled this growth, leading to a robust increase in institutional investments. To further enhance transparency, the focus will need to shift toward deeper disclosures and the fusion of AI technologies into the market.
Mumbai sees redevelopment boom as 1,000-plus projects reshape housing market
Mumbai’s redevelopment market has become a major driver of housing, with 1,000+ projects launched since 2020. Redevelopment accounted for 15% of residential sales in 2025-H1 2026, up sharply from 6% in 2016-21, and now makes up about 13% of residential supply.
- Go To Page 1
Maharashtra govt aims to make Mumbai slum free in 10 years: CM Fadnavis
Maharashtra aims to make Mumbai slum-free within the next decade. The state is pushing for 10,000 homes in Dharavi by January 2029. Redevelopment of BEST bus depots will create mixed-use urban spaces. Mumbai 3.0 expansion includes new smart cities and an offshore airport. These projects will reshape the region's economic landscape and growth.
Indian economy booming; Maharashtra, India's most remarkable growth story: Adani Enterprises' Pranav Adani
According to Pranav Adani, Maharashtra and Mumbai represent two of India's most incredible success stories. The state is crucial in both funding and shaping India's ambitious growth trajectory. Investors are keen to contribute to governance, connectivity, and the enhancement of human capabilities. The Adani Group intends to create interconnected districts surrounding Mumbai and Navi Mumbai airports. The Dharavi redevelopment project aims to sustain local jobs while transforming the community's environment.
Dharavi not a ‘blank canvas’, redevelopment aims to preserve livelihoods: Pranav Adani
Adani Enterprises plans extensive urban renewal projects across Mumbai. The Dharavi redevelopment aims to preserve livelihoods and community networks. Motilal Nagar will undergo a significant urban renewal project after Dharavi. Connected districts around Mumbai and Navi Mumbai airports are planned.
NAREDCO Maharashtra to host Real Estate & Infrastructure Investors’ Summit 2026 (REIIS 2026) in Mumbai
Theme ‘Re-Defining India’s Growth Story’ to Focus on Strategic Capital, AI Innovations, Infrastructure, and Global Investment Partnerships
Naredco partners with realty portal Magicbricks for research, market intelligence in property sector
Realty body Naredco has partnered with Magicbricks to boost data analytics, research, and market intelligence. This one-year pact will see Magicbricks act as a knowledge and broadcast partner, delivering research reports and co-branded newsletters. The collaboration aims to foster a transparent, data-driven real estate sector, empowering consumers, investors, and policymakers with crucial market insights.
Naredco urges Noida authority to reassess land dues to revive stuck projects
NAREDCO has urged Noida authorities to reassess and rationalize land dues for stalled projects, advocating for zero periods for delays and simple interest calculations. They propose a five-year repayment plan with upfront payment and an escrow account for the remainder, ensuring construction funds while repaying dues.
NAREDCO elects Parveen Jain as new President, Niranjan Hiranandani as Chairman
NAREDCO has elected Parveen Jain as its new President for a second term, with Niranjan Hiranandani appointed as Chairman. Jain, founder of Tulip Infratech, aims to promote transparency and sustainable growth in the real estate sector. Hiranandani expressed confidence in Jain's leadership to drive constructive reforms and contribute to national development.
PM's birthday should be observed as 'right to housing day': NAREDCO in letter to Modi
NAREDCO has appealed to Prime Minister Narendra Modi to declare his birthday, September 17th, as 'Right to Housing Day,' acknowledging his vision of 'Housing for All.' They highlighted the construction of over 4 crore homes through PMAY and praised GST rationalization and RERA implementation for transforming the real estate sector with transparency and accountability.
NAREDCO seeks govt action on aviation constraints impacting urban real estate
NAREDCO has urged the government to address regulatory challenges affecting real estate development in cities like Mumbai, Chennai, and Kolkata. Recommendations include relocating aviation facilities and extending shielding benefits to buildings. The association also suggested using accurate contour data and conducting aeronautical studies to resolve legal issues without demolishing existing structures.
Harshvardhan Bansal appointed president of NAREDCO Delhi chapter
Harshvardhan Bansal, Director Unity Group has been appointed as the president of Delhi chapter of National Real Estate Development Council (NAREDCO). NAREDCO currently has state chapters in Maharashtra, Telangana, Karnataka, Odisha, Madhya Pradesh, Uttar Pradesh, Gujarat, Andhra Pradesh, Jammu & Kashmir and Rajasthan. After the successful launch of the Delhi chapter, NAREDCO is also working towards establishing a chapter in Uttarakhand.
NAREDCO to help developers in project funding
The association has formed NAREDCO Finance Committee (NFC) with representatives from builders, banks and SBICAP and will seek applications from developers who want funding. Investment in residential has declined by 63% YoY in the first nine month of 2022 and the sector received investments worth USD 370 million.
NAREDCO to help warehouse operators in addressing land and construction issues
NAREDCO will help warehouse developers and operators in addressing the construction and land-related difficulties. It has signed a Memorandum of Understanding (MoU) with Warehousing Association of India (WAI) to resolve obstacles and issues that regulators, licensees, permits and approvals and in development and operation of warehousing and logistics businesses have to deal with.
NAREDCO Mahi launches initiative to save water at construction sites
NAREDCO has been successfully partnering with the Indian Plumbing Association to resolve the plumbing issues faced by builders all through the life of their projects.
NAREDCO appointed Alok Gupta as the new Director General
NAREDCO established under the aegis of the Ministry of Housing and Urban Affairs, Government of India, functions with transparency and ethics in real estate business and transforms the unorganized Indian real estate sector into a matured and globally competitive business sector.
NAREDCO, NULM and Jammu & Kashmir govt signs agreement to train 10,000 construction workers
This is an on-site skill development program and the training curriculum for the urban poor implemented under the employment through skill training and placements (ESTP) component of DAY- NULM MoHUA which will be completed in two years. NAREDCO will work towards the implementation and execution of this initiative. It will also enable the construction workforce to get certified under the National Skill Qualification Framework.
Two key developers’ associations consolidate under NAREDCO
NAREDCO is a self-regulatory body formed under the aegis of the Ministry of Housing and Urban Affairs (MoHUA), Government of India and it opened the state chapter in November 2015 under the leadership of founder and first president Niranjan Hiranandani.
Sandeep Runwal takes charge as the new NAREDCO Maharashtra President
NAREDCO was established as an autonomous self-regulatory body under the aegis of the Ministry of Housing and Urban Poverty Alleviation, Government of India. It functions as a development and promotion council for the housing and real estate sector in India.
Huge scope in Indian real estate sector; women professionals must enter this industry: Housing secretary
Realtors' body National Real Estate Development Council (Naredco), under the leadership of its newly appointed President Rajan Bandelkar, has established 'NAREDCO MAHI'. Referring to the Real Estate (Regulation and Development) Act or RERA, Mishra noted that the "era of RERA" has come into the sector, which was known for corrupt practices.
Naredco-Maharashtra members to bear stamp duty till December 31 on behalf of home buyers
NAREDCO-Maharashtra President Ashok Mohanani said the zero-stamp duty pushed Mumbai's residential realty sales by 300 per cent from August 2020 to October 2020.
UP govt, Naredco ink pact for jobs to migrant workers
The Uttar Pradesh government has signed a memorandum of understanding with real estate apex body, the National Real Estate Development Council (Naredco), to provide employment to returning migrant workers.
NAREDCO elects Niranjan Hiranandani as new president
National Real Estate Development Council (NAREDCO), a leading industry body of real estate sector, is under the aegis of Ministry of Housing and Urban Affairs.
DLF's Rajeev Talwar elected Chairman of NAREDCO
Realty major DLF's CEO Rajeev Talwar has been elected as new Chairman of the realtors' body NAREDCO.
NAREDCO elects Sunil Mantri as chairman, Parveen Jain President
Realtors' body NAREDCO today elected Sunil Mantri, CMD of Mumbai-based Mantri Realty as Chairman of the organisation.
Load More
