NAREDCO Mahi—the women wing of National Real Estate Development Council (NAREDCO) —was launched in an event graced by Minister for Housing and Urban Affairs Hardeep Singh Puri and Tara Subramaniam, President, NAREDCO Mahi. Rajan Bandelkar, the Nation President of NAREDCO was also present on the occasion. The event ‘PlumbEx India’ was organised by Indian Plumbing…
The Hyderabad chapter of CREDAI organised Hyderabad Property Show at Hitex, Hyderabad. Aimed to bring together the people from diverse segments of construction industry, the property show was inaugurated by Minister of Municipal Administration, Urban Development, Industries, Commerce and Information Technology of Government of Telangana, Arekapudi Ghandhi. The property show was themed around home for…
In a report titled ‘The Outlook of the Real Estate Market in India’, optimistic signs of the revival of real estate sector have been forecasted. The report brought out by RBSA Advisors, a valuation and consulting firm, has expected the real estate sector in the country will grow USD 1,000 bn by 2030 from USD…
A recent joint survey by Knight Frank India and NAREDCO highlights an optimistic outlook for the residential real estate market. As per the survey, the demand for buying home has been strong in Q1 2022 and 80% of the respondents in this survey expect that sales of residential real estate are going to increase in…
The ‘Agreement for Sale’ rules under the provisions of RERA Act have been framed for Union Territories (UTs) without legislatures and sent to the states and UTs for adoption. Besides for redressal of the issues of stalled project across Noida, Greater Noida and Yamuna Expressway Authorities, a high-level committee was constituted by the Uttar Pradesh…
NAREDCO MAHI, the women wing of Naredco organised it’s first convention in the city. Themed at Realty Women – The Transforming Catalyst to Real Estate’, the event witnessed leading lights of the industry deliberating on the importance of the women stakeholders in the real estate sector of the country. The convention noted that the participation…
Elan Group has awarded construction contract for Elan Paradise to BL Kashyap and Sons Ltd. The contract worth Rs 62.15 crore has been given for the construction of the project Elan Paradise, a luxury retail project spanning over 3.35 acres. Located at Sector 50, Gurgaon, the project Elan Paradise comprises high-end retail, food court, multiplex and…
Real estate firm Spenta Corporation has announced the launch of a new tower ‘Amber’ at its project ‘Ornata’ located in Chembur, Mumbai. The new tower will be developed jointly with Sabri Group. The 26 storied tower Amber will have 8 units on each floor under the project Ornata that offers 1-2BHK fully furnished residencies in…
Wave Estate is all set to launch 150 premium residential plots in Mohali in Sector 85. Under the aegis of Wave Group the company’s new offerings are the part of 246 acres of the gated project comprising 1744 units encompassing residential and commercial plots. The sizes of the plots range from 125 sq yd to…
According to a recently released report by PropEquity the total absorption or sales of housing units accross ‘Top 7 cities in the country witnessed a surge of 17% resulting in the sale of houses from 165308 units in Jan- Aug 2020 to 199243 units in Jan- Aug 2021. However new home launches fell by 2%…
