What is NAREDCO
National Real Estate Development Council (NAREDCO) was established
as an autonomous self-regulatory body in 1998 under the aegis of
Ministry of Housing and Urban Poverty Alleviation, Government of
India. It is in this year that the Government of India redrafted the
National Housing & Habitat Policy, giving due importance to the
Housing and Real Estate sector, thereby declaring housing for all
citizens by the year 2010. The Indian housing and real estate
sectors and the allied industries hailed the establishment of
NAREDCO, as the apex national body for the real estate industry and
visualized it as a single platform where Government, industry and
public would discuss various problems and opportunities face to face
which would result in speedy resolution of issues. It was formed
with the mandate to induce transparency and ethics in real estate
business and transform the unorganized Indian real estate sector
into a matured and globally competitive business sector.
The National Real Estate Development Council strives to be the
collective force influencing and shaping the real estate industry.
It seeks to be the leading advocate of developing standards for
efficient, effective, and ethical real estate business practices,
valued by all stakeholders of real estate sector and viewed by them
as crucial to their success. NAREDCO works to create and sustain an
environment conducive to the growth of real estate industry in
India, partnering industry and government alike through advisory and
consultative processes. |
