Know More About The National Real Estate Development Council, NAREDCO
- 30th Jul 2022
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In 1998, the Ministry of Housing and Urban Affairs, Government of India, oversaw the formation of NAREDCO, India's preeminent government-backed real estate sector group. The goal is to provide the public, the government, and the real estate business a place to talk about the problems they're seeing and work together to find answers.
NAREDCO's goal is to improve real estate industry development, construction, and marketing practises. They have a hand in shaping national policies for fiscal reforms and are a driving force behind the growth of India's economy via the real estate sector.
Policy Recommendations by NAREDCO are a realistic representation of ground realities and capture the geographical distribution because of NAREDCO's structure, which consists of National, State, and City Councils. The National Council is responsible for overarching policy, while State Councils deal with problems on the state level and City Councils deal with matters at the municipal level.
Together with its business and government partners, NAREDCO seeks to foster conditions favourable to the development of India's real estate sector via advising and consultative mechanisms.
Make an effort to improve and expand India's property market.
Encourage discussion of real estate's problems and draw policymakers' attention to them.
Run seminars, webinars, events, conferences, and press releases on matters affecting the real estate industry and related fields.
Promoting industry-wide unity and collaboration while serving as the industry's unifying voice is a primary objective of real estate trade associations.
Take part in the creation of critical policies and changes that will influence the property market.
Facilitate communication between the Indian government and the property business.
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