News articles tagged NAREDCO

SWAMIH Fund approves Rs 165 crore for Greater Noida project

SWAMIH Fund grants ₹164 crore to Capital Infratechomes for a Greater Noida project, impacting 900 homebuyers and aiming for October 2021 completion.

The elimination of indexation benefits in real estate will discourage secondary market sellers

The real estate sector expresses concern over proposed elimination of long-term capital gains indexation benefits, seeing it as a potential hindrance to expansion and increased tax burdens.

Five things the real estate industry anticipates from the finance minister’s budget in 2024

Finance Minister Nirmala Sitharaman presents Budget 2024, anticipating focus on affordable and middle-class housing. Industry seeks tax breaks, GST concessions, and incentives for developers and buyers.

Mumbai’s real estate players predict robust growth within MMR

Mumbai saw 11,504 property registrations in April 2024, generating over INR 1,043 crore in revenue. Real estate developers are optimistic about growth, citing increased demand and infrastructure projects.

NAREDCO Praises REITs for Changing the Game in Indian Real Estate Investing Accessibility

NAREDCO and Kedia Corporate Advisors presented a webinar on Small and Medium REITs after SEBI's regulatory changes. Discussions covered benefits, regulations, and market impact.

Report: Over 3 crore jobs were created in India’s real estate sector in the last ten years

Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.

MahaRERA reports that the success rate of agreements between developers and homebuyers is approximately 50%

MahaRERA's conciliation forum boasts a 35-50% success rate in resolving disputes between homebuyers and developers, handling over 1,200 cases since 2018.

6 month extension to builders to deliver projects-MahaRERA

MahaRERA grants a six-month extension to real estate projects due to the pandemic's second wave, invoking the force majeure clause for projects expiring after Apr 15, 2021.

Buyers may face a delay upto two-year in delivery of flats in Delhi-NCR

Apartment deliveries in Delhi-NCR face potential two-year delays due to pandemic-related disruptions, impacting over 3 lakh units, primarily in Greater Noida.

YEIDA announce 2 new policies to help stalled projects

YEIDA Announces Two Policies to Revive Stalled Projects in Greater Noida

NAREDCO urge builder to make isolation cabin for construction worker

Naredco has urged developers to establish isolation facilities for Covid-impacted construction workers in Noida, Greater Noida, and Yamuna Expressway area.

Builders asking for support of RBI to deal with Covid second wave

Real estate developers are requesting loan restructuring, interest moratoriums, and more liquidity support from the RBI after their Covid relief package announcement.

SBI, HDFC, Kotak Offer Lowest Home loan Interest Rates!

Multiple banks, including SBI and HDFC, have decreased home loan interest rates, aiming to boost housing sales before the financial year ends. Experts anticipate increased demand.

Members of NAREDCO promised to invest Rs 90,000 crore in Haryana

NAREDCO members pledge ₹90,000 crore investment in Haryana over five years. Focus on affordable housing, residential and commercial sectors. DLF, M3M lead investments.

Budget 2013-14: No Big Boosts for Real Estate Sector

The Union Budget 2013-14 provided minimal direct support to the real estate sector, addressing affordable housing slightly and impacting the luxury segment negatively.

Housing Segment Needs Infrastructure Status: NAREDCO Demands

NAREDCO urges the government to grant infrastructure status to the entire housing sector to gain tax benefits and stimulate housing demand.

Land Acquisition Bill Invites Hike in Residential Prices

India's new Land Acquisition Bill mandates landowner consent, impacting residential prices. Real estate experts predict rising housing costs due to increased compensation and project complexities.

Real Estate Bill Have to Wait More

India's Real Estate Regulation Bill delayed, key changes made to draft, including reduced area size for compulsory registration

Realty Sector demands 'stimulus package'

Naredco and Credai have urged the government to ease foreign investment norms and modify regulations to boost funding for ongoing real estate projects amid a credit squeeze.

Capital won't be issue for big realtors

Fund-starved realtors may receive relief as banks consider lending on a case-by-case basis, especially for those with genuine liquidity issues. This follows PM Manmohan Singh's assurance and RBI's recent moves to provide liquidity.

Standardization of Real Estate Sector

Real Estate Sector Seeks Regulator to Encourage Transparency

Cost Of Housing Projects Increase Due To Delay In Clearance

HDFC chief points out how environmental clearances result in substantial delays and cost overruns in housing projects, raising concerns among real estate developers about mounting expenses and inefficiencies.

Leading Real Estate Company Line Up For Affordable Housing In Punjab

Leading real estate developers, including DLF and Omaxe, are collaborating with the Punjab government to deliver affordable housing solutions costing under one lakh rupees each.