National Real Estate Development Council (NAREDCO)

NAREDCO was established in 1998 as an autonomous self-regulatory national body under the patronage of the Ministry of Housing and Urban Affairs, Government of India. Shri Ram Jethmalani, the then Hon’ble Union Minister of Urban Affairs and Employment, played a pivotal role in its establishment. Shri Manohar Lal Khattar, Hon’ble Union Minister for Housing and Urban Affairs, Govt. of India, serves as the Chief Patron of NAREDCO, with Shri G Hari Babu as President, Dr. Niranjan Hiranandani as Chairman and Shri Rajan Bandelkar as Vice Chairman. NAREDCO aims to uplift and streamline the Indian realty sector, providing a legitimate platform for the government, real estate industry, and general public to address concerns and find effective solutions. The organization aims to raise the standards of operations related to building, construction, and marketing in the real estate sector, while participating in the formulation of national policies for fiscal reforms and boosting economic development by acting as a catalyst in the Indian real estate industry.

NAREDCO’s structure comprises National, State, and City Councils, ensuring that the policy recommendations by NAREDCO are a true reflection of ground realities and capture the geographical spread. Currently, NAREDCO has over 10000+ members pan India with its State NAREDCO chapters.