Realty association writes to CM Yogi, seeks help to save builders from bankruptcy
Naredco's Uttar Pradesh Chapter represents developers having projects mainly under Noida, Greater Noida and Yamuna Expressway industrial development authorities.
Apr 02, 2022, 17:40 PM IST
Low interest rates to aid recovery of housing sales; eyes now on upcoming budget: Realtors on RBI policy
RBI's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to real estate developers and consultants.
Dec 08, 2021, 19:01 PM IST
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.
Nov 17, 2017, 11:04 AM IST
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.
Aug 28, 2017, 20:49 PM IST
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.
Aug 28, 2017, 18:01 PM IST
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.
Aug 28, 2017, 17:53 PM IST
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.
Jun 28, 2017, 19:30 PM IST
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.
May 24, 2017, 20:28 PM IST
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.
May 13, 2017, 20:55 PM IST
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.
Apr 30, 2017, 14:37 PM IST
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.
Jan 12, 2017, 16:49 PM IST
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.
Oct 13, 2016, 18:32 PM IST
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.
Aug 19, 2016, 13:58 PM IST
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.
Jan 20, 2016, 17:56 PM IST
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.
May 19, 2015, 22:09 PM IST
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.
Feb 28, 2015, 22:49 PM IST
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.
Oct 30, 2014, 19:09 PM IST
