According to real estate consultancy Anarock, launches of luxury residential units priced above Rs 1.5 crore have skyrocketed by as much as 1,000 percent between 2019 and 2023. Meanwhile, new launches of units priced below Rs 75 lakh, including affordable housing, remained stagnant in the country’s top seven cities. In a conversation with AGGAM WALIA, National Chairman of National Real Estate Development Council (NAREDCO), G HARI BABU, delves into the growing trend of premiumization in the real estate sector even as the supply of high-demand affordable housing seems scarce.

With the Introduction of New Industrial Developmenmt Scheme and post abrogation of article 370, and the Union Territory of Jammu and Kashmir has recieved investment proposals worth Rs. 81 crore.

Read More

With the 2024-2025 Union Budget announcement around the corner, the real estate sector's leading players and industry thought leaders eagerly await government measures that address critical challenges, stimulate demand, and align with the broader vision of sustainable growth. A key demand that has been consistently raised is granting industry status to real estate.

Read More

Asserting the need to decentralise the water and energy production system, Housing and Urban Affairs additional secretary D Thara on Friday asked real estate developers to change the way they build housing projects and make them self-sustainable. Speaking the 3rd convention of realtors body Naredco's women wing 'NAREDCO Mahi' on Friday, she asked real estate developers to make provisions of rain water harvesting compulsory in their projects and also add playing area for children.

D. Thara, additional secretary of the Ministry of Housing and Urban Affairson Friday asked the real estate industry to completely gear up to meet housing related challenges for the next five years by revisiting their old practices and preparing to invest in rain harvesting and creating play spaces for children in their housing complexes.

Read More
 

D. Thara, additional secretary of the Ministry of Housing and Urban Affairson Friday asked the real estate industry to completely gear up to meet housing-related challenges for the next five years by revisiting their old practices and preparing to invest in rain harvesting and creating play spaces for children in their housing complexes.

Read More

Underscoring the need to decentralize the water and energy production system, Additional Secretary Housing and Urban Affairs D Thara on Friday asked real estate developers to change the way they build housing projects and make them self-sufficient. Speaking at the third meeting of real estate association Naredco’s women’s wing ‘NAREDCO Mahi’ on Friday, she asked real estate developers to make rainwater harvesting facilities mandatory in their projects and also add play area for children.

National Real Estate Development Council (NAREDCO) has established MAHI – NAREDCO Women’s Wing for empowering women entrepreneurs and encouraging participation of women in the real estate sector and allied fields. MAHI strives to create an environment where women in the real estate sector can come together: to share experiences, harness their skills, draw on their resources, influence, grow together, and bring about lasting change.

Asserting the need to decentralise the water and energy production system, Housing and Urban Affairs Additional Secretary D Thara asked real estate developers to change the way they build housing projects and make them self-sustainable. Speaking at the 3rd convention of realtor’s body Naredco's women wing 'NAREDCO Mahi', she asked real estate developers to make provisions of rainwater harvesting compulsory in their projects and also add playing area for children

Additional Secretary of the Ministry of Housing and Urban Affairs, D. Thara, on Friday asked the real estate industry to completely gear up to meet housing-related challenges for the next five years by revisiting their old practices and preparing to invest in rain harvesting and creating play spaces for children in their housing complexes. Additionally, she emphasized provisioning for cool pathways powered by solar energy.