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NAREDCO's HousingForAll.com portal can be Amazon for real estate: Housing secretary Durga Shanker Mishra
FirstpostNew Delhi: Housing and Urban Affairs Secretary Durga Shanker Mishra on Tuesday launched realtors’ body NAREDCO’s e-commerce platform for marketing of completed residential units and said the portal has potential to become “Amazon of Indian real estate”. The National Real Estate Development Council, formed under the aegis of Union Ministry of Housing and Urban Affairs, would list only completed RERA-registered housing projects on the platform. Speaking at the event, RERA Haryana Chairman KK Khandelwal said there are total of 13 lakh unsold housing units across the country and 4 lakh such units in major seven-eight cities. NAREDCO Chairman Rajeev Talwar demanded that the government should allow one-time restructuring of debt taken by real estate developers.
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