Election 2024: The National Real Estate Development Council (NAREDCO), an organization of real estate developers, has said that the new government should provide tax incentives to homebuyers as well as developers to boost residential demand along with making policy reforms regarding the growth in the real estate sector. The organization also demanded to simplify the process of obtaining development approval.

In a video interview with Aneeka Chatterjee, G Hari Babu, president of the National Real Estate Development Council (Naredco), the sector’s regulatory body, identifies emerging investment hotspots, and the trends and technologies shaping the industry.

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The housing market in Hyderabad, much like many other places in India, is seeing a significant trend towards luxurious homes with spacious layouts and top-notch amenities. G Hari Babu, the National President of National Real Estate Development Council, highlighted the rising property prices that have continued through 2024 and the evolving market dynamics. 

Gaurav Jain, Vice President of NAREDCO (Delhi) on Tuesday said that real estate will 'grow two and a half times' as Indian economy transitions to a $10 trillion mark. Speaking at ETNOW.in Realty Conclave and Awards Jain said that real estate has become an organised sector over the past 10 years.

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G Hari Babu, President of the National Real Estate Development Council (Naredco), addressing the ETNOW.in Realty Conclave and Awards on Tuesday, May 28, 2024, discussed the trends in affordable housing and real estate in India. He also said that the government should introduce incentives/subsidies for housing units so that the common man can afford a house.

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Niranjan Hiranandani, Managing Director, Hiranandani Group, on Tuesday said that India's real estate sector is expected to witness 'very positive growth' over the next five years. Speaking at the ETNOW.in Realty Conclave and Awards, Hiranandani lauded the initiatives taken by the Central government and said that the government's push to infra and backing to schemes such as the Pradhan Mantri Awas Yojna (PMAY) will provide a boost to affordable housing in India over the next two years.

ETNOW.in रियल्टी कॉन्क्लेव और अवार्ड्स का आगाज हो गया है। इस मौके पर नेशनल रियल एस्टेट डेवलपमेंट काउंसिल (Naredco) के प्रेसिडेंट जी हरि बाबू ने भारत में किफायती आवास और रियल एस्टेट के ट्रेंड्स की वकालत की।

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G Hari Babu, President of the National Real Estate Development Council (Naredco), addressing the ETNOW.in Realty Conclave and Awards on Tuesday, May 28, 2024, discussed the trends in affordable housing and real estate in India. He also said that the government should introduce incentives/subsidies for housing units so that the common man can afford a house.

The ETNOW.in Realty Conclave and awards ceremoney, held on tuesday, brought together key stakeholders from India's real estate industry to celebrate contributions towards nation-building.

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Tamil Nadu, a state with deep-rooted cultural legacy and thriving economic activity, has experienced a significant transformation in its real estate landscape in recent years. The real estate in Tamil Nadu is currently undergoing a dynamic shift, with old hotspots seeing exponential growth and developing areas offering exciting potential. Let’s understand the main factors influencing the state’s real estate sector.

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