Latest news with #NAREDCO
The Hindu
29-05-2025
- Business
- The Hindu
NAREDCO's ‘Best Residential Layout Award' to APN Hill View
APN Properties, a real estate developer based in Mysuru, has been awarded the 'Best Residential Layout Award' by the National Real Estate Development Council (NAREDCO) for its 'APN Hill View Layout', located near the scenic foothills of Chamundi. The award was presented at a ceremony held recently in Mysuru. NAREDCO national president G. Haribabu conferred the award to A.P. Nagesh, partner at APN Properties, and P. Nanjundaswamy recognising the residential layout development. A panel of civil engineering experts from Mysuru had reviewed various layout projects in the region before selecting the winner. K.M. Munigopal Raju, managing director of Chamundeshwari Electricity Supply Corporation attended the event as the chief guest. Former MUDA chairman and former MLC D. Made Gowda, NAREDCO Mysuru Chapter president V.C. Ravikumar, and other dignitaries and professionals from the real estate and urban planning sectors were present.
Fashion Value Chain
20-05-2025
- Business
- Fashion Value Chain
Sustainable Luxury: The Rising Demand for Eco-Friendly Homes in India
Sustainability and green building practices have become essential pillars of the real estate industry. With growing environmental awareness, homebuyers are increasingly prioritizing eco-friendly living, prompting developers to lead the transition toward sustainable construction. This shift reflects a broader trend where luxury is no longer just about grandeur but also about sustainability, wellness, and long-term value. By integrating resource-efficient materials, energy-saving technologies, and environmentally responsible designs, developers are not only minimizing ecological impact but also enhancing the well-being of residents. SKA Group redefines luxury with IGBC-certified green homes rooted in sustainability and innovation A joint report by Resurgent India and NAREDCO projects substantial growth in Indias green buildings market, expected to contribute USD 39 billion (Rs. 3.2 lakh crore) by 2025. This surge underscores the increasing focus on sustainable construction, with eco-friendly buildings gaining a greater share in new developments. Besides, sustainable luxury housing is gaining traction across key urban centers and emerging markets in India. The NCR region, including Gurugram, Noida, and Delhi, remains a prime hub for eco-friendly luxury developments. Developers in these cities are dedicated to crafting quality projects, each underscoring their environmental stewardship and social responsibility. With sustainability as their core philosophy, the projects boast numerous features, driving the green building revolution. Among the leaders driving this green revolution is SKA Group, with its unwavering commitment towards sustainable development. The group integrates eco-friendly practices in every aspect of its projects, making sustainability its core philosophy. SKA Green Arch in Sector 16B, Greater Noida West, is an IGBC Gold Pre-certified development, integrating resource reduction, recycling, and reuse principles, and embodying the Greenarch concept. The project features 8,241 sqm of green space, enhancing biodiversity and well-being. Other developments, including SKA Metroville and SKA Divya Towers, contribute 7,676 sqm and 5,803 sqm of green areas, respectively, underscoring SKA Group's commitment to eco-friendly living. Additionally, upcoming projects such as SKA Destiny One will introduce 13,675 sqm of green space, further enriching the environment. Water conservation is another priority for SKA Group. Over the last two years, the group has implemented advanced sewage treatment plants (STPs) and recycled and treated 454.22 million litres of water. This initiative has had a major impact on reducing freshwater consumption across its projects, ensuring water resources are used more efficiently and responsibly. In addition to water, energy, and green area developments, the group's commitment to environmental sustainability extends to oxygen generation through tree plantation. The group has generated 4,515 cubic meters of oxygen through tree-planting initiatives across its projects. These efforts not only improve air quality but also contribute to a greener, healthier living environment for residents. Moreover, the growing demand for sustainable luxury homes is driven by multiple factors. Eco-conscious buyers, particularly affluent homebuyers, are increasingly prioritizing green living and energy-efficient residences. Government policies and incentives, including green building regulations, tax benefits, and sustainability mandates, are further encouraging the adoption of eco-friendly construction. According to Savills report, 'Sustainable Real Estate: Strategies and Practices', in India, over 7,000 IGBC green-certified projects account for an estimated total built-up area of 1,370 million sq. ft. across various states. The data highlights the industrys commitment to reducing environmental impact and advancing sustainability in the sector. Within this growing movement, SKA Group curates IGBC Certified projects and promotes green living through eco-friendly materials that enhance both the developments sustainability and luxury. Their projects are well-equipped with initiatives such as sustainable construction practices, green building methods, waste reduction strategies, sewage treatment plants, rainwater harvesting, solar systems for basement lighting, and electric vehicle charging units, which reduce their carbon footprint while maximizing efficiency. Thus, the luxury housing landscape in India is undergoing a transformation as buyers increasingly prioritize sustainability alongside exclusivity and comfort. This evolving mindset is driving developers to integrate eco-friendly innovations, ensuring long-term environmental and economic benefits. In the coming years, sustainability will not just be an added feature but a defining element of premium housing, with green certifications, smart technology, and resource-efficient designs becoming standard. As awareness and regulations continue to strengthen, the future of luxury real estate will be shaped by a seamless blend of opulence and responsible living.
Time of India
19-05-2025
- Business
- Time of India
Realty stakeholders' sentiment turns cautious optimistic in Q1 amid global headwinds
Stakeholders in the real estate industry, such as developers, financiers, and institutional investors remained cautiously optimistic in the first quarter of 2025, even as sentiment levels showed a slight dip, showed the Knight Frank-NAREDCO Real Estate Sentiment Index for January-March. The current sentiment score declined to 54 from 59 in Q4 2024, while the future sentiment score eased to 56, also down from 59. Both metrics, though still in the optimistic zone, reflect rising caution amid global trade tensions , regional instability, and broader economic recalibration. Commercial real estate continues to underpin market resilience , with robust leasing activity and steady rental growth supporting positive sentiment. In the first quarter of 2025, around 82% of stakeholders expected leasing volumes to remain stable or increase, while 91% anticipated rents would hold steady or rise—signalling sustained demand and occupier confidence. The residential segment presents a mixed picture. While 93% of respondents of the survey expected prices to stay stable or increase, only 67% foresee similar trends in new launches. Sentiment on residential sales has notably moderated, with just 50% of stakeholders expecting improvement or stability--down from 88% in the first quarter of 2024. 'Q1 2025 marks a phase of strategic recalibration for the real estate sector, shaped by evolving global trade dynamics, softening consumption, and heightened geopolitical sensitivity. Despite these shifts, India's office market remains resilient, and the continued strength of the premium residential segment affirms the sector's underlying robustness. As macroeconomic indicators adjust, real estate is displaying its capacity to adapt with stability and long-term potential,' Shishir Baijal, CMD, Knight Frank India. These findings, part of the Knight Frank–NAREDCO Real Estate Sentiment Index for Q1 2025, gauge perceptions from developers, lenders, and other supply-side players. A score above 50 signals optimism, while anything below 50 indicates negative sentiment. 'While the Sentiment index shows a marginal decline in both current and future sentiment scores compared to Q4, this slight dip amidst global uncertainties reflects the strength and adaptability of India's real estate sector. The industry continues to move forward with optimism and long-term conviction,' said Hari Babu, president, NAREDCO. According to him, the Indian real estate sector is showcasing robust performance in the commercial segment, driven by the demand from Global Capability Centres (GCCs) and tech-enabled enterprises — reaffirming India's growing stature as a global business hub. On the residential front, developers are adopting a more mature, demand-led approach by focusing on high-ticket projects while rebalancing supply in the mid and affordable segments. The developer future sentiment score dropped to 53 in Q1 2025 from 58 in Q4 2024, as developers recalibrate supply strategies amid slowing low to mid ticket size segment demand in the residential sector and rising costs. The non-developer future sentiment score--including banks, financial institutions, and private equity funds--moderated to 57 from 60, reflecting a wait-and-watch approach on capital deployment, while remaining optimistic on office and high-ticket size residential segments. Economic Times WhatsApp channel )
New Indian Express
24-04-2025
- Business
- New Indian Express
NAREDCO all praise for Bhu Bharati, BuildNow in Telangana
HYDERABAD: The National Real Estate Development Council (NAREDCO) Telangana on Wednesday extended its support to the government's initiative of Bhu Bharati portal and BuildNow application. Speaking to the media here, the NAREDCO members asserted that the Bhu Bharti portal will serve as a restructured and more efficient version of Dharani portal, addressing challenges by simplifying processes, correcting legacy errors and improving public confidence in land ownership records. They said that Bhu Bharati is a modernised Record of Rights (RoR) system that provides clean and verified land titles essential for reducing legal risks and supporting developers in making secure, informed investment decisions. NAREDCO president Vijaya Sai Meka said: 'The Bhu Bharathi initiative marks a significant stride toward a transparent and efficient land administration system in Telangana. Alongside this, the BuildNow application is set to streamline building and layout approvals, further easing project execution for developers". "NAREDCO Telangana believes this initiative will bring immense value to developers, investors and buyers alike. The Council is committed to working closely with the government to ensure that the real estate sector maximises the benefits of this progressive reform,' he added. He further said that the Bhu Bharati portal was a vital reform aimed at transforming the state's land governance framework. The core objective of this initiative is to establish a transparent, efficient and legally robust land administration system that strengthens land security, reduces disputes, and simplifies property transactions, he added. The Council also urged the government to maintain an open channel of communication with industry stakeholders to ensure seamless implementation, ongoing improvements and user-friendly access to the Bhu Bharathi platform. Such collaboration is essential to positioning Telangana as a model for land reforms that not only support economic development but also build a future-ready and investor-friendly real estate environment, the members said.
Time of India
23-04-2025
- Business
- Time of India
Ensure effective implementation of Bhu Bharati: NAREDCO to state govt
Hyderabad: Extending its support to Bhu Bharati and BuildNow, the National Real Estate Development Council (NAREDCO) has urged the Telangana govt to ensure effective implementation and continuous stakeholder engagement to unlock the full potential of both applications. NAREDCO Telangana stated that Bhu Bharati enhances transparency with verified land data, accelerates approvals through faster mutation and registration processes, and mitigates legal uncertainty through defined appeal mechanisms and jurisdiction rules based on land market value. "The linkage between land valuation and administrative authority further strengthens clarity in project budgeting and pricing. The portal is expected to open up new development zones, especially in rural and semi-urban regions, fostering real estate expansion beyond urban centres," said Vijaya Sai Meka, President of NAREDCO Telangana.
