Wednesday, July 01, 2009: 07:28:32 PM

TJCD Industry Link

National Real Estate Development Council (NAREDCO)

The National Real Estate Development Council (NAREDCO) is a premier body representing the housing and real estate segment of India. Established in 1998 by the Government of India, NAREDCO is actively involved in the development of the Indian realty sector.
Some of the primary objectives of the organisation are as follows:
  • To promote the housing and real estate segment in India
  • To facilitate overall growth of the sector to ensure economic development of the country
  • To actively participate in the policy-making activities pertaining to the realty segment
  • To establish a National Institute of Real Estate Development (NIRED) for the promotion of R&D activities in the sector
  • To ensure adoption of high standards for operations in the segment
  • To assist real estate companies in adopting modern marketing practices
  • To arrange conferences, meetings and seminars to spread mass awareness.
The organisation also takes important initiatives to implement projects related to the rating of real estate companies, organising training programmes for real estate agents and form state real estate councils.

As a member of NAREDCO, you can voice your concerns in a national forum, participate in the formulation of national policies and agenda-setting and access relevant information pertaining to the real estate segment.

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