Naredco
New Delhi- Housing sector is likely to gain infrastructure status with the upcoming Budget. This will boost the sector by providing easy access to funds and consequently increasing the availability of houses. Infrastructure status for the housing is a long pending demand. In 2012, the Ministry of Housing and Urban Poverty Alleviation (MHUPA) pushed for [...] Continue Reading »
A third Property Show 2012 was organised by the Andhra Pradesh Real Estate Developers’ Association (APREDA) consisting of about 200 stalls over an area of 70000 sft. The event will was held at Hitex from November 10-11 followed by a conference on November 10. The event was themed as ‘Real Estate-Accelerating the growth story’ and was [...] Continue Reading »
The real estate is the second largest employment generating sector in India. The builders associations are demanding for a special status on a par with industry for this sector. NAREDCO (National Real Estate Development Council) and CREDAI (Confederation of Real Estate Developers’ Association of India) made several representations to the Union government demanding special status [...] Continue Reading »
Will there be a pinch for property buyers pocket? Here again! The real estate experts have expressed concerns about the property prices to be increased by 10 to 30 per cent rise in property prices by 2012 and 2013. It does not end here, along with the property prices increasing, many of the apartment projects [...] Continue Reading »
Higher interest will push up monthly installments for home loans for existing as well as new home buyers. The National Real Estate Development Council (Naredco) expects interest rates on housing finance to increase to 10.5 per cent for loans up to Rs 30 lakh and 11 per cent or more on loans above Rs 30 [...] Continue Reading »
