About National Real Estate Development Council (NAREDCO)
- It was established in 1998 under the Ministry of Housing and Urban Affairs of the Government of India.
- It is the leading industry association for the real estate sector in the country.
- Its primary objective is to provide a legitimate platform for the government, the real estate industry, and the general public to address their concerns and find effective solutions to the challenges faced by the real estate sector.
- NAREDCO’s mission is to improve the real estate industry’s building, construction, and marketing standards.
- It contributes to the development of national fiscal policies and acts as a catalyst for economic growth in the Indian real estate sector.
- With a membership base comprising over 10000+ members across India with its State NAREDCO chapters, NAREDCO plays a crucial role in policy formulation by representing the viewpoints of its members to various ministries on a regular basis.
- All major national developers and public sector organizations in the fields of housing and real estate development, finance, and marketing are members of NAREDCO.
- Structure:
- The organizational structure of NAREDCO includes National, State, and City Councils.
- The councils ensure that the policy recommendations accurately reflect the real conditions on the ground and cover the entire geography.
- The National Council focuses on macro-level issues, the State Councils address state-level concerns, and the City Councils tackle local and on-ground issues.
- The Union Minister for Housing and Urban Affairs, Govt. of India, serves as the Chief Patron of NAREDCO.
Q1) What is the Real Estate (Regulation and Development) Act (RERA)?
It is an act passed by the Indian Parliament in 2016 for the regulation and promotion of the real estate sector in the country. This Act establishes a Real Estate Regulatory Authority (RERA) in every state to regulate the real estate sector and serve as the adjudication body to enable quick resolutions. The act applies to all under-construction projects with a plot size above 500 sq. m or projects with 8 apartments or more.
Source: NAREDCO plans event to showcase real estate opportunities in Ayodhya
Last updated on November, 2025
→ Check out the latest UPSC Syllabus 2026 here.
→ Join Vajiram & Ravi’s Interview Guidance Programme for expert help to crack your final UPSC stage.
→ UPSC Mains Result 2025 is now out.
→ UPSC Notification 2026 is scheduled to be released on January 14, 2026.
→ UPSC Calendar 2026 is released on 15th May, 2025.
→ The UPSC Vacancy 2025 were released 1129, out of which 979 were for UPSC CSE and remaining 150 are for UPSC IFoS.
→ UPSC Prelims 2026 will be conducted on 24th May, 2026 & UPSC Mains 2026 will be conducted on 21st August 2026.
→ The UPSC Selection Process is of 3 stages-Prelims, Mains and Interview.
→ UPSC Result 2024 is released with latest UPSC Marksheet 2024. Check Now!
→ UPSC Prelims Result 2025 is out now for the CSE held on 25 May 2025.
→ UPSC Toppers List 2024 is released now. Shakti Dubey is UPSC AIR 1 2024 Topper.
→ UPSC Prelims Question Paper 2025 and Unofficial Prelims Answer Key 2025 are available now.
→ UPSC Mains Question Paper 2025 is out for Essay, GS 1, 2, 3 & GS 4.
→ UPSC Mains Indian Language Question Paper 2025 is now out.
→ UPSC Mains Optional Question Paper 2025 is now out.
→ Also check Best IAS Coaching in Delhi
