APRIL 2020

What is ready reckoner and circle rate, and what purpose does it serve?

reducing ready reckoner rates and slashing stamp duty can revive demand in the sector. Read on to find out what the ready reckoner rate is,

Sell unsold units at ”no-profit-no-loss” to save interest, boost liquidity

NAREDCO National President Niranjan Hiranandani said the real estate sector has been struggling for the last few years because of instability created by reforms like

Can India lure investors from China and survive on fewer imports?

Different industry segments that are members of Assocham have worked out aspects where they can support new entrants from the global scenario, either as vendors

Government in process to provide relief package to real estate: Nitin Gadkari

Government is already in the process to provide relief package for the sector and if NAREDCO has some the suggestion should be put before the government,”

COVID-19 Lockdown: Businesses Seek Govt Intervention to Survive

7.5 to 8 percent of the GDP in India is real estate. 15 percent of the labour force in India is in construction and real

Maharashtra: Urgent pre-monsoon building work can resume

The state government on Tuesday issued an amendment to the lockdown notification, allowing urgent pre-monsoon works like waterproofing and demolition of unsafe buildings. Source Link:

Asian Development Bank Approves $1.5 Billion Loan To India To Fight COVID-19

The Asian Development Bank (ADB) on Tuesday said it has approved USD 1.5 billion loan to India to help fund its fight against coronavirus pandemic.

Government should expedite sanctioning amount from stress fund.

Nardeco President Niranjan Hiranandani said the industry is facing a challenging time and the financial issues faced by its developer members are “beyond imagination”. He

Preventing Opportunistic Takeover of Indian Companies by Global Funds and Investors

The Department for Promotion of Industry and Internal Trade (DPIIT) revised its policy, amending the foreign direct investment (FDI) norms to put a blanket ban

Holistic Safety Gears at Hiranandani Townships to Combat COVID-19 Crisis.

Most of on-going construction work by the Hiranandani Group is in existing townships, so there was a need to take a holistic approach while implementing