The office-bearers of the National Real Estate Development Council (NAREDCO), Mysuru Chapter, have strongly opposed the State Government’s order mandating Government approval for the development of private residential layouts.

Urban Development (UD) Minister Byrathi Suresh recently issued an order requiring developers to seek not only the approval of local authorities such as the Urban Development Authority and Local Planning Authority but also explicit permission from the Government.

The Vasai-Virar HOMETHON Property Expo 2025, organized by NAREDCO Maharashtra, opened on Friday at YMCA Ground, Vasai West, attracting homebuyers, investors, and industry experts. The three-day event, running until March 9, has positioned Vasai-Virar as a key real estate destination within the Mumbai Metropolitan Region (MMR).

The 43rd edition of the Knight Frank – NAREDCO Real Estate Sentiment Index Q4 2024 (October–December 2024) report reflects cautious optimism among real estate stakeholders. Both the Current and Future Sentiment Scores remain above the optimistic threshold of 50 but have corrected downward from the previous quarter, influenced by global economic shifts and stakeholder concerns regarding economic growth.

Despite the government’s focus on affordable housing and the launch of ambitious schemes like PMAY, homes still remain unaffordable for many in India, especially in major cities. So, the question is: what makes housing unaffordable and what can be done to help make cities more livable and sustainable for everyone?

National Real Estate Development Council (NAREDCO) AP president Gadde Chakradhar said their organisation welcomes the AP government’s transformative reforms, aimed at streamlining urban development and revenue processes.

He observed that the policy changes brought in by the coalition government in AP like ease of doing business, faster approvals and transparency will boost the real estate and infrastructure sectors.

Office-bearers of the AP unit of National Real Estate Development Corporation (NAREDCO) on Sunday (March 2) welcomed the series of transformative reforms introduced by the State government, aimed at streamlining urban development and revenue processes. These policy changes, they said, focused on ease of doing business, faster approvals, and regulatory transparency, would boost the real estate and infrastructure sectors.

The real estate stakeholders in the country remain cautiously optimistic amid global economic shifts and growth worries but the sentiment has turned modest from the previous quarter, the Knight Frank–NAREDCO Real Estate Sentiment Index has said.

While there is cautious optimism in the residential sector, the outlook for office market remain buoyant.

The golden beaches of Goa, once the exclusive domain of sun-seeking tourists, are transforming into hotspots for savvy real estate investors. As the sun sets on tourism-only narratives, state authorities are casting a new vision for Goa—a burgeoning land of lucrative development opportunities.

In a significant development for the real estate sector, the National Real Estate Development Council (NAREDCO) has appointed Mr. Chintan Vasani, Partner at Wisebiz Developers, as the new Joint Treasurer for its NAREDCO NextGen India initiative. This announcement was made during the recently concluded NAREDCO NextGen Conclave 2025, held at the Jio Convention Centre. The event served as a platform for industry leaders, stakeholders, and visionaries committed to shaping the future of real estate in India.

The Goa Rehabilitation Board and Goa Housing Board have urged NAREDCO Maharashtra to explore investment opportunities for the development of residential, commercial, mixed–used, redevelopment and business parks in the state.