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Reduce Premiums on Housing, Re-price Affordable Housing: NAREDCO Maharashtra

Mumbai, November 25, 2023: NAREDCO Maharashtra has called for reduction in premium for affordable and other categories of housing in the State. Sandeep Runwal, President, NAREDCO Maharashtra urged Atul Save, Minister of Housing, Government of Maharashtra during inauguration of HOMETHON Property Expo 2023 in Mumbai. Mr Runwal claimed that the move would boost the Government’s ambitious ‘Housing for All’ program with focus on providing affordable housing to home buyers. He also emphasized upon NAREDCO’s commitment to making home-ownership accessible to a wider segment of the population.

Niranjan Hiranandani

Dr. Niranjan Hiranandani, Chairman, NAREDCO, addressed the pressing issues in the housing sector during the event. He affirmed NAREDCO’s commitment to recommending measures that make affordable housing more attractive. “Housing in Mumbai needs an impetus in structural policy skewed towards expediting the slum-free Mumbai movement and making it affordable for homebuyers. NAREDCO will continue to collaborate with all stakeholders to achieve these goals,” he asserted.

HOMETHON 2023 witnessed an increase in participation, with over 130 Pavilions showcasing more than 700 projects, says a press release issued by NAREDCO Maharashtra. 

Sandeep Runwal, President of NAREDCO Maharashtra, expressed his enthusiasm about the event’s growth, stating, “HOMETHON has evolved into an unparalleled platform for the real estate industry. We are delighted to have more participants, pavilions, and projects on display this year, making it a one-stop destination for homebuyers and industry professionals alike.”

Bollywood actor and the brand ambassador of HOMETHON Property Expo, Riteish Deshmukh called HOMETHON 2023 as the biggest home buying expo in the country and hoped the homebuyers to avail maximum benefit out of the Exhibition.