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India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO In its latest report – India Real Estate: Vision 2047, Knight Frank India, a leading real estate consultancy in the country, in association of NAREDCO has projected that India’s real estate sector is expected to expand to USD 5.8 trillion (trn) or USD 5,833 billion (bn) by 2047. This estimated real estate output value will contribute 15.5% to the total economic output in 2047 from an existing share of 7.3%. The report India Real Estate: Vision 2047 was unveiled by Shri. M. Venk...
India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO
India`s real estate sector is expected to expand to USD 5.8 trn by 2047: Knight Frank-NAREDCO
Source: Knight Frank
26/08/2023 4:46:01 PM
India`s real estate sector aims for USD 5.8 Trn valuation by 2047: Report India's real estate industry could reach a value of USD 5.8 trillion by 2047, according to a joint report by the National Real Estate Development Council (NAREDCO) and Knight Frank. The report "Vision 2047" was unveiled during NAREDCO's 25th Silver Jubilee Foundation Day celebration in Hyderabad in the presence of prominent figures, policymakers, industry leaders, and real estate experts. Residential real estate might contribute USD 3.5 trillion, office real estate aro...
India`s real estate sector aims for USD 5.8 Trn valuation by 2047: Report
India`s real estate sector aims for USD 5.8 Trn valuation by 2047: Report
Source: IANS
26/08/2023 3:42:40 PM
Real estate industry sentiment remains optimistic and rising: Knight Frank-NAREDCO Sentiment Index Q2 2023 The 37th edition of the Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2023 (April-June) report cited that the Current Sentiment Score scaled up from the previous quarter’s 57 to 63, in the optimistic zone. This is due to the continued resilience of the Indian economy amid a recessionary environment globally. The Current Sentiment Score signifies stakeholders’ current outlook in comparison to the preceding six months. During Q2 2023, the Future Sentiment Score ro...
Real estate industry sentiment remains optimistic and rising: Knight Frank-NAREDCO Sentiment Index Q2 2023
Real estate industry sentiment remains optimistic and rising: Knight Frank-NAREDCO Sentiment Index Q2 2023
Source: Knight Frank
25/07/2023 1:03:18 PM
NAREDCO to hold conclave to address financial issues faced by realty sector With a view to highlight and address the financial problems faced by the real-estate sector, including high-interest rates, the National Real Estate Development Council (NAREDCO) will hold the NAREDCO Finance Conclave 2023 the national capital on March 3. The conclave will bring together various fund houses, such as banks, non-banking financial companies (NBFCs), private equity (PE) firms, venture capitalists (VCs), and other financial institutions, under one roof. Apart from addressing...
NAREDCO to hold conclave to address financial issues faced by realty sector
NAREDCO to hold conclave to address financial issues faced by realty sector
Source: IANS
28/02/2023 8:58:14 AM
Seeking solutions to stressed real estate projects, NAREDCO to hold talks with banks With a view to provide solutions to stressed real estate projects, the National Real Estate Development Council (NAREDCO) has announced that it will be holding a roundtable discussion with leading banks in the country to address the issues and challenges faced by the real estate industry in obtaining funds. The roundtable discussion is scheduled to take place on March 3, on the sidelines of the NAREDCO Financial Conclave, a brainchild of NAREDCO Finance Committee formed with an objective t...
Seeking solutions to stressed real estate projects, NAREDCO to hold talks with banks
Seeking solutions to stressed real estate projects, NAREDCO to hold talks with banks
Source: IANS
18/02/2023 9:57:24 AM
Over 15K workers enrolled in construction skilling programme In line with the aim of the Ministry of Housing and Urban Affairs to certify over 1.06 lakh construction workers across the nation over the year under the NIPUN project, the National Real Estate Development Council (NAREDCO) has enrolled over 15,000 construction workers out of 32,000 workers as of February 15. Notably, women account for more than 18.6 per cent of all enrolled workers. NAREDCO, the apex body of the Indian real estate fraternity, was appointed as one of the implementing agen...
Over 15K workers enrolled in construction skilling programme
Over 15K workers enrolled in construction skilling programme
Source: IANS
17/02/2023 9:48:45 AM
Repo rate hike as expected, may further impact affordable housing demand Real Estate Industry on Wednesday claimed that the repo rate hike by the RBI is likely to impact the demand of affordable housing in the country. Given that interest rates may breach the 9.5 per cent mark with the hike, the affordable housing segment may see some pressure on sales volumes. Anuj Puri, Chairman, ANAROCK Group said that the 25 bps rate hike is much along the expected lines. "With repo rates now at 6.5 per cent, there could be some repercussions on housing uptake as...
Repo rate hike as expected, may further impact affordable housing demand
Repo rate hike as expected, may further impact affordable housing demand
Source: IANS
8/02/2023 2:10:17 PM
MMR witnessed prominent demand-supply gap for urban affordable housing: Knight Frank India-NAREDCO Report Mumbai : Knight Frank - NAREDCO launched their report ‘Brick by Brick: Reimagining Affordable Mumbai’ which cited that the Mumbai Metropolitan Region (MMR) recorded a significant demand-supply gap for affordable housing. According to Knight Frank India survey, MMR registered high demand for affordable housing units with 67% of the demand concentration being registered for units less than 2.5 mn. The demand concentration for housing units in the range of 2.5 – 5.0 mn was reco...
MMR witnessed prominent demand-supply gap for urban affordable housing: Knight Frank India-NAREDCO Report
MMR witnessed prominent demand-supply gap for urban affordable housing: Knight Frank India-NAREDCO Report
Source: PR Agency
8/10/2022 2:29:57 PM
Q2 2022 Current and Future Sentiment remain optimistic: Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022 Mumbai : The latest edition of Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022 (April - June 2022) report cited that the Current Sentiment score has moderated from the previous quarter’s all-time high of 68 to 62 in Q2 2022amidst rapidly changing economic scenario. The Current Sentiment Index score, while safely remaining in the positive zone, has dropped mainly due to the perceived impact of the two consecutive REPO rate hikes in May and June 2022.The Future Sentiment Sco...
Q2 2022 Current and Future Sentiment remain optimistic: Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022
Q2 2022 Current and Future Sentiment remain optimistic: Knight Frank-NAREDCO Real Estate Sentiment Index Q2 2022
Source: Knight Frank
20/07/2022 2:18:25 PM
Here are some reactions of realtors on RBI's policy outcome on realty sector The Reserve Bank of India on Wednesday raised the key lending rate or repo rate by 50 basis points to 4.9 per cent to tame rising inflation, which has been now above the central bank's 6 per cent tolerance level for four months in a row. Repo rate is the rate at which the central bank lends short-term funds to banks. In line with the rate hike by the RBI, some banks and non-banking finance companies too had raised their lending rates, which will essentially lead to an increase in EM...
Here are some reactions of realtors on RBI's policy outcome on realty sector
Here are some reactions of realtors on RBI's policy outcome on realty sector
Source: IANS
8/06/2022 4:37:09 PM
Sentiments improve for real estate with Q1 2022 Current and Future Sentiment Scores at new highs: Knight Frank-NAREDCO Real Estate Sentiment Index Sentiments in the real estate sector have remained optimistic and touched new highs on the Knight Frank – NAREDCO Real Estate Sentiment Index Q1 2022. The flagship survey conducted quarterly by Knight Frank India and National Real Estate Development Council (NAREDCO) noted that Current Sentiment soared to a new high of 68 – indicating that most stake holders experienced positive developments in their businesses in the last 6 months including the period of the survey. Importantly, ...
Sentiments improve for real estate with Q1 2022 Current and Future Sentiment Scores at new highs: Knight Frank-NAREDCO Real Estate Sentiment Index
Sentiments improve for real estate with Q1 2022 Current and Future Sentiment Scores at new highs: Knight Frank-NAREDCO Real Estate Sentiment Index
Source: Knight Frank
20/04/2022 2:36:09 PM
Can't sideline sustainability, must adopt green practices: NAREDCO MAHI President The realty sector can no longer turn a blind eye to sustainable and climate-conscious practices and must take more assertive steps for adoption of green building practices, Tara Subramaniam, President of National Real Estate Development Counil's (NAREDCO) women wing MAHI, said on Friday. The real estate sector contributes 20 per cent of greenhouse gases. Subramaniam made the remarks at the first-ever women-focused realty convention held in New Delhi. She added that women in the r...
Can't sideline sustainability, must adopt green practices: NAREDCO MAHI President
Can't sideline sustainability, must adopt green practices: NAREDCO MAHI President
Source: IANS
26/02/2022 9:31:24 AM
NAREDCO to host women-oriented convention to make realty space inclusive With special focus on women-led realty space and to encourage their large participation, the National Real Estate Development Council (NAREDCO) will host its first ever realty convention on February 25 in the national capital. The council's women wing called 'NAREDCO MAHI' was established to empower women entrepreneurs and to further encourage participation of women in the real estate sector and allied fields. The convention is titled 'Realty Women -- The Transforming Ca...
NAREDCO to host women-oriented convention to make realty space inclusive
NAREDCO to host women-oriented convention to make realty space inclusive
Source: IANS
16/02/2022 5:24:43 PM
Real Estate Sentiment Index of India Q4 2021 report by Dhaval Ajmera, Ajmera Realty & Infra India Ltd Below is Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index - Q4 2021 India Sentiment Index Q4 2021 report by Dhaval Ajmera, Director of Ajmera Realty & Infra India Ltd Kindly find below Perspective by Dhaval Ajmera, Director of Ajmera Realty and Infra India Ltd. on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index - Q4 2021 India Sentiment Index Q4 2021 report. “The resilience of the real estate industry in the first two wave of covid ha...
Real Estate Sentiment Index of India Q4 2021 report by Dhaval Ajmera, Ajmera Realty & Infra India Ltd
Real Estate Sentiment Index of India Q4 2021 report by Dhaval Ajmera, Ajmera Realty & Infra India Ltd
Source: PR Agency
24/01/2022 3:23:35 PM
Interest subventions on home loans key to 'Housing for All', says NAREDCO Prez With a target in hand to achieve ‘Housing for All by 2022, the Centre should consider providing full interest subvention on affordable loans for those who are purchasing their first home, said Rajan N. Bandelkar, President of National Real Estate Development Council (NAREDCO). NAREDCO is an autonomous self-regulatory body under the aegis of the Union Ministry of Housing and Urban Affairs. "The government aims to provide housing for all Indians by 2022. In 2014, It was fair en...
Interest subventions on home loans key to 'Housing for All', says NAREDCO Prez
Interest subventions on home loans key to 'Housing for All', says NAREDCO Prez
Source: IANS
22/01/2022 4:24:06 PM
MoUs worth Rs 18,900 cr inked at Jammu & Kashmir Real Estate Summit A total of Rs 18,900 crore worth Memorandums of Understanding (MoU) and investment proposals were signed on Monday at the ongoing first ever real estate summit held in the Union Territory of Jammu & Kashmir. The summit, which is being held in Jammu, has been organised by the Ministry of Housing and Urban Affairs in collaboration with the government of Jammu and Kashmir and the National Real Estate Development Council (NAREDCO). Signature Group, a major real estate player, has propos...
MoUs worth Rs 18,900 cr inked at Jammu & Kashmir Real Estate Summit
MoUs worth Rs 18,900 cr inked at Jammu & Kashmir Real Estate Summit
Source: IANS
28/12/2021 9:22:23 AM
Current and Future Sentiment Scores at a historic high: Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021 Mumbai : The 30th Edition of Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021 (July - September 2021) cited that both the current and future sentiments of real estate sector have improved across all parameters in Q3 2021, on account of the economic recovery in the making. The current edition captures the rebound in stakeholder sentiments towards the residential and office sector, as the second COVID-19 wave subsided. In Q3 2021, the Current Sentiment Index score rose to 63 &ndas...
Current and Future Sentiment Scores at a historic high: Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021
Current and Future Sentiment Scores at a historic high: Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021
Source: Knight Frank
26/10/2021 3:04:07 PM
Current & future sentiment scores at historic high: Knight Frank-FICCI-NAREDCO report The 30th Edition of Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q3 2021 (July - September 2021) has cited that both the current and future sentiments of real estate sector have improved across all parameters in Q3 2021, on account of the economic recovery in the making. The latest edition of the index captures the rebound in stakeholder sentiments towards the residential and office sector, as the second Covid-19 wave subsided. In Q3 2021, the Current Sentiment Index score ros...
Current & future sentiment scores at historic high: Knight Frank-FICCI-NAREDCO report
Current & future sentiment scores at historic high: Knight Frank-FICCI-NAREDCO report
Source: IANS
26/10/2021 12:53:41 PM
Real estate continues to be preferred asset class for investment: Survey Real estate continues to be the preferred asset class for investment in the wake of the Covid-19 pandemic, but majority of homebuyers want discounts along with flexible payment options as an incentive, according to the Housing.com and NAREDCO survey. The real estate portal conducted the survey during January-June this year on more than 3,000 consumers. According to the survey findings, real estate is the preferred mode of investment for 43 per cent (35 per cent last year) of respondents...
Real estate continues to be preferred asset class for investment: Survey
Real estate continues to be preferred asset class for investment: Survey
Source: IANS
29/07/2021 9:04:43 AM
Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q2 2021 report by Mr. Ram Raheja, S Raheja Realty Below is Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q2 2021 report by Mr. Ram Raheja, Director, S Raheja Realty  ‘’The report reflects a positive sentiment towards Q2, 2021 (April– June 2021) with demand cycles moving and restoration of the economic activities across the country. Also, a gradual shift in buying patterns has been witnessed where residential buyers are looking for additional space to meet ‘work from home&rsquo...
Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q2 2021 report by Mr. Ram Raheja, S Raheja Realty
Perspective on Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q2 2021 report by Mr. Ram Raheja, S Raheja Realty
Source: S Raheja Realty
24/07/2021 1:47:49 PM
India may be world leader in green buildings by 2022: NAREDCO As climate concerns take centre stage globally amid the pandemic, the National Real Estate Development Council (NAREDCO) has assured to take steps towards creating awareness and adoption of green buildings across the country, saying that India can be a global leader in this respect by next year. India is currently placed third after China and Canada in terms of green buildings. During a webinar on 'India's Leadership Role in Advancing Green Buildings', which was jointly orga...
India may be world leader in green buildings by 2022: NAREDCO
India may be world leader in green buildings by 2022: NAREDCO
Source: IANS
25/06/2021 9:07:47 AM
The government has primed itself to catapult economy By Rohit Poddar, NAREDCO Below are Views On The government has primed itself to catapult economy By Mr. Rohit Poddar, Managing Director, Poddar Housing and Development Ltd. And Joint Secretary, NAREDCO Maharashtra “The government has primed itself to catapult economy on a trajectory of a stronger recovery with specific announcements on privatisation, disinvestment and monetization.  A 34% increase in capex and overall no tax hike has boosted the equity market sentiment. The privatization of tw...
The government has primed itself to catapult economy By Rohit Poddar, NAREDCO
The government has primed itself to catapult economy By Rohit Poddar, NAREDCO
Source: NAREDCO
2/02/2021 3:14:38 PM
Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing As the housing market revives from the lows hit last year, developers expect more measures in the upcoming budget to boost demand in the real estate sector. A major demand of the developers has been to remove the ban on subvention scheme for home loans. The National Real Estate Development Council (NAREDCO) in its recommendations to the Finance Minister Nirmala Sitharaman noted that the ban is not in favour of home buyers as a large proportion of them do not have the capacity to pay bot...
Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing
Budget FY22: Realtors expect subvention scheme, wider definition of affordable housing
Source: IANS
26/01/2021 1:31:51 PM
NAREDCO suggests tax rationalisation for realty in Budget The National Real Estate Development Council (NAREDCO) has recommended the government take up tax rationalisation measures in the upcoming Union Budget to boost the pandemic-hit real estate sector of the country. On Thursday, the industry body urged the govenrment to enhance the loan to value (LTV) ratio up to 90 per cent across the board for home loans. "Allowing interest on home loans for income tax deductions without any ceiling, current interest deduction under section 24 of IT...
NAREDCO suggests tax rationalisation for realty in Budget
NAREDCO suggests tax rationalisation for realty in Budget
Source: IANS
15/01/2021 9:52:03 AM