Harshvardhan Bansal appointed president of NAREDCO Delhi Chapter

The National Real Estate Development Council (NAREDCO) has announced establishment of its Delhi chapter. Harshvardhan Bansal, Director of Unity Group, has been appointed as the president of the NAREDCO Delhi Chapter. NAREDCO is a leading national organization that represents the real estate sector, it works under the Ministry of Housing and Urban Affairs.

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. Additionally, Gaurav Jain, the CEO of India Infracorp Bahrain, has been selected as the President Elect. The objective of NAREDCO Delhi chapter is to establish a favorable atmosphere in the real estate sector that will foster sustainable growth and encourage investment by closely partnering 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

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