Harshvardhan Bansal appointed president of NAREDCO Delhi Chapter: The National Real Estate Development Council (NAREDCO) has announced the formation of a chapter in Delhi. Harshvardhan Bansal, Director of Unity Group, has been appointed as the president of the NAREDCO Delhi Chapter. NAREDCO is a significant national organisation that represents the real estate sector, and it is affiliated with the Ministry of Housing and Urban Affairs.
Daily Current Affairs Quiz: July 2023
Other Appointments & Objectives
National Real Estate Development Council (NAREDCO) has also appointed PK Gupta, the current CMD of NBCC, as the Chairman, while Vineet Kanwar, the Group Executive Director of DLF, has been designated as the Vice Chairman. Gaurav Jain, the CEO of India Infracorp Bahrain, has also been named President Elect. The goal of the NAREDCO Delhi chapter is to create a favourable environment in the real estate sector that will foster long-term growth and attract investment by working closely with the government, industry professionals, and other key participants.
Expansion Plans: Uttarakhand Chapter
At present, NAREDCO has established state chapters in Maharashtra, Telangana, Karnataka, Odisha, Madhya Pradesh, Uttar Pradesh, Gujarat, Andhra Pradesh, Jammu & Kashmir, and Rajasthan. Following the prosperous launch of the Delhi chapter, NAREDCO is actively engaged in the process of establishing a chapter in Uttarakhand.
Key takeaways for competitive examinations
- National Real Estate Development Council (NAREDCO) was formed in: 1998
- Minister of Housing and Urban Affairs: Shri Hardeep Singh Puri
