NAREDCO | Zee News

Advertisement

NAREDCO News

02 Apr 2022

Realty association writes to Yogi, seeks help to save builders from bankruptcy

The NCLT last month ordered initiating insolvency proceedings against Supertech. Jaypee Infratech is also facing insolvency proceedings. Naredco-UP also demanded release of sub-lease/registry permission by authorities.

08 Dec 2021

Low interest rates to aid recovery of housing sales; eyes on budget: Realtors

CREDAI President Harshvardhan Patodia said the decision is undoubtedly a progressive move. "Homebuyers should make the most of historic low home loan interest rates regime," said.Niranjan Hiranandani. Tata Realty and Infrastructure MD Sanjay Dutt said the decision will provide an opportunity for low interest regime.

17 Nov 2017

Centre increases carpet area of houses under PM Awas Yojana; Realtors hail move

An official said many people were not opting to buy houses under the scheme as the previous carpet area did not seem very attractive to them.

28 Aug 2017

Govt lends an ear to builders' demand for realty growth

The government on Monday assured real estate developers that it will look into their legitimate demand for growth as the sector plays an important role in employment generation.

Central Public Sector Enterprises

28 Aug 2017

CPSEs' land likely to be used for affordable housing

The government aims to provide shelter for economically weaker sections under the affordable housing scheme by 2022.

28 Aug 2017

SBI favours equal treatment of lenders, buyers in projects

The NCLT has appointed Anuj Jain as the interim resolution professional (IRP) to carry out the proceedings under the Insolvency and Bankruptcy Code 2016.

28 Jun 2017

NAREDCO writes to PM; seeks 6% GST, exemption to low-cost home

Realtors' body NAREDCO has written to the Prime Minister seeking lower GST of 6 percent on sale of under-construction property from 12 percent as higher tax will lead to price rise and affect sales.

24 May 2017

Realtors differ over GST's impact on housing prices

Real estate bodies Naredco and Credai Wednesday gave contrasting assessments of the impact of GST on housing prices, highlighting the prevailing confusion in the sector regarding the new indirect tax regime.

Haryana government

13 May 2017

Follow norms,address buyers' concerns: Haryana govt to builders

The Haryana government on Saturday asked real estate developers to follow its guidelines related to development of housing projects and also asked them to address all legitimate concerns of buyers.

30 Apr 2017

RERA to boost housing demand, protect buyers, say realty companies

Developers expect housing demand to recover with the implementation of the real estate law from May 1 as it will protect buyers from unscrupulous players, while prices will remain stable due to huge unsold inventory.

12 Jan 2017

NAREDCO demands infrastructure status, tax incentives for housing sector in Union Budget

In order to effect a revival of real estate sector, realtors' apex body NAREDCO on Thursday demanded infrastructure status to housing and tax incentives for home buyers and developers in the upcoming Union Budget.

13 Oct 2016

Realtors seek tax relief, land to build affordable homes

Realtors' body NAREDCO today demanded tax relief and increase in land supply to develop affordable homes so as to help achieve the government's 'Housing for All' objective.

Construction industry

19 Aug 2016

Policy for payment of construction firms' debt by agencies

With an aim to revive construction industry, NITI Aayog is working on a policy to enable various government agencies to pay back debt of their contracting companies directly to the financial institutions or banks.

09 Feb 2016

Realtors seek loan restructuring; tax sops in upcoming Budget

Faced with acute slowdown in demand and delay in delivery of projects, realtors' apex body Naredco on Wednesday demanded tax sops for affordable homes and restructuring of bank loans.

19 May 2015

NAREDCO delegation meets FM; seeks package for realty sector

A delegation of realtors' body NAREDCO Tuesday met Finance Minister Arun Jaitley to demand a special package to revive realty sector which include interest subvention on home loans and tax concessions on affordable housing projects.

property prices

28 Feb 2015

Property prices to rise marginally on hike in service tax

Property prices will rise slightly with proposed hike in service tax to 14 percent, according to real state industry associations CREDAI and NAREDCO.

30 Oct 2014

FDI in real estate may double after easing of rules: NAREDCO

Foreign direct investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors' body NAREDCO said today.

Loading...

NEWS ON ONE CLICK