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Business Standard
20-07-2025
- Business
- Business Standard
Lower home loan EMIs spark increased buyer interest amid repo rate cuts
House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25) Prachi Pisal Mumbai Listen to This Article Real estate developers across India's top markets are reporting a rise in buyer enquiries, as banks slash home loan rates in response to recent repo rate cuts. 'On the demand side, there has been a marked increase in enquiries from potential homebuyers, particularly in the mid-income segments (homes priced between ₹40 lakh and ₹1.5 crore),' said Niranjan Hiranandani, chairperson of Hiranandani group and of the National Real Estate Development Council, under the Ministry of Housing and Urban Affairs. Home purchase affordability improved across key Indian markets in the first half (H1) of calendar year (CY) 2025, after the Reserve Bank
NDTV
19-06-2025
- Business
- NDTV
Only 12% Women In Real Estate, National Council Aims To Bridge Gap
India's growing real estate sector, which is reportedly projected to reach $1 trillion by 2030, is seeing gradual growth in the participation of women. However, they currently only comprise 11-12% of the workforce, according to reports. The women's wing of the National Real Estate Development Council (NAREDCO), known as NAREDCO Mahi, is working to change that. NAREDCO, an autonomous body under the Ministry of Housing and Urban Affairs, Government of India, is focused on the Viksit Bharat 2047 vision. Through NAREDCO Mahi, women are being empowered to take on key roles across the real estate value chain. The roles include design, planning, site supervision, and finance. "We are actively engaging with stakeholders to create inclusive pathways for women through our upskilling and outreach programmes," said Ms Smita Patil, President of NAREDCO Mahi. "In Tier 2 and Tier 3 cities, women are now visible in legal, marketing, and client-facing roles that were once uncharted," she added. According to NAREDCO's data, 1 in 5 architects in India is a woman. Similarly, in Tier 1 cities, more women are leading real estate advisory firms than ever before. With the help of their formal training plans, digital certification programmes and labour training drills, the NAREDCO Mahi aims to provide upskilling opportunities to unskilled women labourers as well as promote their participation in skilled jobs like site engineering and construction planning.
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.
