
Ensure effective implementation of Bhu Bharati: NAREDCO to state govt
Hyderabad: Extending its support to Bhu Bharati and BuildNow, the National Real Estate Development Council (NAREDCO) has urged the Telangana govt to ensure effective implementation and continuous stakeholder engagement to unlock the full potential of both applications.
NAREDCO Telangana
stated that Bhu Bharati enhances transparency with verified land data, accelerates approvals through faster mutation and registration processes, and mitigates legal uncertainty through defined appeal mechanisms and jurisdiction rules based on land market value.
"The linkage between land valuation and administrative authority further strengthens clarity in project budgeting and pricing. The portal is expected to open up new development zones, especially in rural and semi-urban regions, fostering
real estate expansion
beyond urban centres," said Vijaya Sai Meka, President of NAREDCO Telangana.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NDTV
2 days ago
- NDTV
Only 12% Women In Real Estate, National Council Aims To Bridge Gap
India's growing real estate sector, which is reportedly projected to reach $1 trillion by 2030, is seeing gradual growth in the participation of women. However, they currently only comprise 11-12% of the workforce, according to reports. The women's wing of the National Real Estate Development Council (NAREDCO), known as NAREDCO Mahi, is working to change that. NAREDCO, an autonomous body under the Ministry of Housing and Urban Affairs, Government of India, is focused on the Viksit Bharat 2047 vision. Through NAREDCO Mahi, women are being empowered to take on key roles across the real estate value chain. The roles include design, planning, site supervision, and finance. "We are actively engaging with stakeholders to create inclusive pathways for women through our upskilling and outreach programmes," said Ms Smita Patil, President of NAREDCO Mahi. "In Tier 2 and Tier 3 cities, women are now visible in legal, marketing, and client-facing roles that were once uncharted," she added. According to NAREDCO's data, 1 in 5 architects in India is a woman. Similarly, in Tier 1 cities, more women are leading real estate advisory firms than ever before. With the help of their formal training plans, digital certification programmes and labour training drills, the NAREDCO Mahi aims to provide upskilling opportunities to unskilled women labourers as well as promote their participation in skilled jobs like site engineering and construction planning.


Time of India
13-06-2025
- Time of India
Major shake-up in T babudom, Harichandana named Hyd collector, Lokesh new CCLA
1 2 3 4 Hyderabad: Telangana govt on Thursday transferred 36 IAS officers, including top bureaucrats and several district collectors, in a major reshuffle—the largest bureaucratic overhaul in the past one year since the Congress assumed power in Dec 2023. Posts in revenue, energy, Hyderabad collectorate, and Delhi coordination saw high-profile changes, hinting at an administrative reset designed to bolster CM Revanth Reddy's social justice, land reform, and national coordination agenda. Significantly, Navin Mittal, principal secretary of the revenue department for the last two years, has been shifted to the energy department. His replacement, DS Lokesh Kumar (from panchayat raj and rural development), has been given full additional charge as revenue secretary and chief commissioner of land administration (CCLA)—a sensitive post linked to the contentious land records and Bhu Bharati issues. In a high-visibility swap, Hyderabad district collector Anudeep Durishetty was moved to Khammam, while Dasari Harichandana, currently special secretary in roads and buildings, was named as the new Hyderabad collector—administratively crucial post. District collectors of Medchal Malkajgiri, Siddipet, Nizamabad, Sangareddy, and others were also changed. Senior bureaucrat Shashank Goel was appointed resident commissioner in Telangana Bhavan, Delhi. The incumbent, Gaurav Uppal, will now handle coordination with the govt of India on central projects and schemes. Other transfers include: N Sridhar (SC development) moved to panchayat raj; he retains charge of mines and geology, Jyothi Budha Prakash takes over SC development and planning, while Hanmanthu, former Nizamabad district collector, now heads stamps and registrations. Sangareddy distirct collector Valluru Kranthi was made MD of Telangana Tourism Development Corporation, replacing IPS officer Prakash Reddy. Information and public relations department saw a shuffle too. Commissioner S Harish, recently posted to TG Genco, was relieved of I&PR and revenue (disaster management) duties. Chekka Priyanka is the new I&PR commissioner. The other notable changes were: E Naveen Nicolas, secretary of Telangana Public Service Commission (TGPSC), now heads the school education department, as Priyanka Ala replaces him as secretary, TGPSC. GHMC additional commissioners Killu Sivakumar Naidu and Sneha Shabarish were shifted. Sivakumar, facing cadre issues, goes to irrigation; Sneha becomes Hanumakonda district collector, while P Praveenya (Hanumakonda) moves to Sangareddy as collector. Medchal district collector Gowtham Potru is now director (projects and personnel), SCCL; replaced by Mikkilineni Manu Choudary. T Vinay Krishna Reddy (Nizamabad) and K Hymavathi (Siddipet) round out the new collector postings. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .


Time of India
05-06-2025
- Time of India
Realtors' bodies Credai, Naredco expect at least 25 bps cut in repo rate to boost housing demand
Realtors' apex bodies CREDAI and Naredco expect at least 25 basis points reduction in repo rate by the RBI on Friday and said it will help a lot in increasing demand for residential properties. The RBI's rate-setting panel started its three-day brainstorming on monetary policy on Wednesday, and Governor Sanjay Malhotra will announce the decision on the key benchmark lending rate on Friday morning. "We are expecting 50 basis point reduction in repo rate. This will boost housing demand to a great extent," CREDAI National President Shekhar Patel told PTI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experts Shocked At This New Hearing Aid Smartek Learn More Undo He said there should be at least 25 basis points cut. "Housing demand in the last three months has been a bit slow. So, the rate cut will help immensely in improving the sales," Patel said. Live Events The RBI reduced the key interest rate (repo) by 25 bps each in February and April, bringing it to 6 per cent. Naredco's National President G Hari Babu said the real estate sector always keeps a close watch on the RBI's monetary policy, as it has a significant impact on housing demand - both directly and indirectly. "In the current economic environment, where inflation is largely under control and macroeconomic indicators are showing stability, a reduction in the repo rate would be a timely and positive move. It would provide much-needed relief to both homebuyers and developers by lowering borrowing costs and easing liquidity," he said. The Naredco President noted that real estate is a vital driver of the economy, with linkages to over 200 sectors from cement and steel to furniture and furnishings. "Therefore, a cut in the repo rate will not only boost housing demand but also spur overall economic growth and generate large-scale employment," said Hari Babu. According to an assessment by the RBI, in response to the 50-basis points cut in the repo rate since February 2025, most of the banks have reduced their repo-linked external benchmark-based lending rates (EBLRs) and marginal cost of funds-based lending rate (MCLR). Housing loan outstanding has increased to Rs 30 lakh crore as on April 18, 2025, from Rs 27.41 lakh crore year-on-year, according to the latest RBI data. On expectations from monetary policy, Sterling Developers CMD Ramani Sastri said the real estate sector is hopeful for a further rate cut as it would be highly encouraging for homebuyers and developers alike. Dhruv Agarwala, Group CEO of said there is a strong case for 25 basis points rate cut. "...For the housing sector, lower home loan rates would enhance affordability and sustain demand- particularly critical at a time when we are witnessing early signs of demand tapering and developers pulling back from the affordable housing segment due to rising input costs," Agarwala said. Bengaluru-based realty firm Sanjeevini Group Chairman and Founder, Umesh Gowda H A said home loan interest rates have dropped below 8 per cent in some banks, which is a good sign of timely transmission of two repo rate cuts by the RBI. "We expect another 25 bps cut in repo rate and hope that more banks quickly pass on the benefit to borrowers," he said. This will provide a much-needed relief to not just existing homebuyers in the form of reduced EMI but also those who have been postponing their decision to buy a home, Gowda said. Ashok Kapur, Chairman of Krishna Group and Krisumi Corporation, said, "The RBI had adopted an accommodative stance in its previous policy review meeting, and it is expected that we will again see a cut, giving further relief to the various sectors of the economy." Garvit Tiwari, Director & Co-Founder of InfraMantra, said a cut in interest rate will give a spur to housing demand and encourage new entrants to make real estate purchases. Realty firm Sikka Group MD Harvinder Sikka expects a rate cut to boost consumer sentiment.