Tuesday 28 January 2020
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business-standard - 14 days ago

NAREDCO s HousingForAll.com portal can be India s Amazon for real estate: Housing secy

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 portal HousingForAll.com should be credible and transparent, he said adding that there should also be redressal system for consumers grievances. This website is not for NAREDCO but for consumers and homebuyers who can take informed decision, Mishra said in his address after launching the portal. A similar portal would be launched by realtors body CREDAI, he added. The National Real Estate Development Council (NAREDCO), formed under the aegis of the Union Ministry of Housing and Urban Affairs, would list only completed RERA-registered housing projects on the platform. After the launch, the portal will be open for one month only for the real estate developers to register their projects (January 14 to February 13). The portal will be ...

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