Company Profile
Naredco Karnataka ( national real estate development council) Established and Registered under The Karnataka Societies Registration Act in the year 2014, NAREDCO – KARNATAKA, is an apex state level self-regulatory body, affiliated by NAREDCO. to represent all spheres of enterprises, engaged in various aspects of real estate and infrastructure development. These include land development, layouts, planning, construction of residential, commercial, industrial and institutional buildings / complexes, development of townships, provision of urban infrastructure (roads, electricity, agriculture, irrigation, drainage, sewerage, water- supply, public transport, tourism & heritage, telecommunication etc.) and social infrastructure (recreational, educational and medical facilities). The other allied fields includes architecture, town planning, supply of building materials, hardware & machineries, finance, insurance, marketing and brokerage and finance in infrastructure, real estate and other allied fields and to have a proper dialogue, between private sector and the State Govt., for solving the practical problems and to make government policies more effective and useful and result oriented. Aims and Objectives NAREDCO functions as Development & Promotion Council for housing & real estate sector in India. Its main objectives are: To promote excellence and high standards of operations based on just and equitable principles in transactions relating to various operations of real estate business including building, construction and marketing. To evolve criteria of real estate and construction industry and its various allied operations and to formulate a Code of Ethics for observance by all real estate developers, builders and marketing operators and to evolve a suitable ombudsman mechanism for investigating departures there from. Rating of developers and their projects through CRISIL/ ICRA supported by NAREDCO-NHB rating mechanism.