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The Naredco National organised the first real estate summit in Jammu and Kashmir (J&K) that drew a lot of developers interest in the potential development over there in the coming years. ....
Budget session to would conclude on April 8. The Houses will adjourn on February 15 and meet again on March 8. New Delhi: Realtors body Naredco on Thursday urged the government to hike deduction on home loan interest to Rs 5 lakh from Rs 2 lakh limit at present and re-introduce subvention scheme in the upcoming Budget to boost sales of residential properties and create housing revolution. The association also sought incentives for rental housing and more stress funds to help complete distressed and stalled projects. Last three years have been extremely difficult for the real estate industry. The reforms like demonetisation and realty law RERA as well as the liquidity challenges in the NBFCs post-IL&FS crisis hit demand. The industry went through tough times, Naredco National President Niranjan Hiranandani told reporters through a video conference. ....