Latest news with #NationalRealEstateDevelopmentCouncil
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.
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.
Hans India
24-04-2025
- Business
- Hans India
Hyd realtors aiding investor faith by supporting Bhu Bharathi
Hyderabad: Amidst nearly two lakh Dharani applications from land owners and farmers awaiting clearance for land-related problems by District Collectors and several writ petitions filed in the Court against Dharani's non-resolution mechanism, real estate developers are pinning hopes on Bhu Bharati, the new land records portal, for increasing investor confidence in emerging and semi-urban corridors of Telangana. Naredco (National Real Estate Development Council) Telangana, a real estate representative body, said that consultative approach and stage-wise implementation of Bhu Bharathi, currently in Beta testing phase in three districts, will address problems that arose with introduction of Dharani portal. President of Naredco Telangana, Vijaya Sai Meka told Bizz Buzz that the government is also mulling to conduct Revenue meetings at Mandal level wherein Dharani complainants can personally represent their land record-related case resulting in getting it resolved at the State level, itself.
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.
The Hindu
23-04-2025
- Business
- The Hindu
NAREDCO Telangana backs government's Bhu Bharati and BuildNow initiatives
The National Real Estate Development Council (NAREDCO) Telangana has extended its support to the Telangana government's recently launched Bhu Bharati portal and the BuildNow application, hailing them as transformative steps towards strengthening land governance and accelerating real estate growth, especially in rural and semi-urban parts of the State. Expressing appreciation for the government's proactive approach during a press conference held in Hyderabad on Wednesday, NAREDCO Telangana said the Bhu Bharati portal aims at addressing long-standing land-related challenges in Telangana. 'The Bhu Bharati initiative marks a significant stride toward a transparent and efficient land administration system in Telangana. It will reduce legal uncertainty, simplify property transactions and open up new development zones, particularly in semi-urban and rural areas,' said Vijaya Sai Meka, president of NAREDCO Telangana. In addition, NAREDCO Telangana lauded the government's efforts to simplify the building approval process through the BuildNow application, which replaces the existing TG-BPASS system. 'The BuildNow application is a milestone that will further ease project execution and enhance the ease of doing business in Telangana. By involving industry stakeholders during development, the government has shown commendable foresight,' he said.
