Rohtas Goel, CMD, Omaxe Ltd has been once again unanimously elected as the President of National Real Estate Development Council (Naredco) in an AGM held at New Delhi.
This second consecutive election of Mr Rohtas Goel as the President is backed by his sound support for rebuilding the sector and initiatives which have made him the promising opportunist to take the association further.
During his last tenure he undertook initiatives to extend the Naredco family in the states of Haryana and Punjab and in the closing run to mark footsteps in Karnataka, Andhra Pradesh and Madhya Pradesh. With the economic slump in motion Naredco also played a key role in restructuring debts of developers and making credit available at reasonable interest rates.
The apex body also took initiative to make easy credit available to home buyers, especially in the range of Rs5 lakh-Rs20 lakh at a reduced rate through RBI and banking system.
Addressing the newly elected committee Mr Goel said that, “With a vision to build real estate as the most promising sector, we are committed to carry forward the objective with which Naredco was formed a decade ago.”
He further added, “The support of all our members has been extremely helpful and I sincerely believe that the commitment shown by all of us in the past will bring fruitful times for real estate industry in the days to come.”
Naredco under the leadership of Mr Rohtas Goel also took an appealing initiative for providing fiscal concession to developers for undertaking affordable housing at reasonable prices. Naredco under the vision of Mr Rohtas Goel is also a key player in providing inputs to the guidelines of Rajiv Aawas Yozna & regulatory bills.
It also is an active member to all significant government committees. Today’s Naredco’s debate in PPP Housing and need for affordable housing have gained national acceptance and various govts have initiated action to this roadmap of future.
The newly elected Naredco committee a two-year term:
Rohtas Goel, CMD, Omaxe Ltd - President of Naredco
Sanjeev Srivastava, MD, Assotech Ltd - Senior VP
K J Arora, CMD Arora & Associates Realty Ltd - Member Finance
Col. (retd.) Prithvi Nath, Sr. Advisor, DLF Ltd - VP North
P. Prem Kumar, MD, Doyen constructions pvt Ltd - VP South
Anup Mohapatra, President - Real estate developers association of Orissa - VP East
Gopal L Raheja, Chairman K Raheja construction pvt ltd - VP West
Ashok Patni, Convener & Vice Chairman RAJ REDCO - VP Central
About Naredco: National Real Estate Development Council (Naredco) was established in the year 1998 under the aegis of Union Ministry of Housing & Urban Poverty Alleviation (previously Ministry of Urban Employment & Poverty Alleviation), Government of India for the development & promotion of housing & real estate sector in India. As the nodal agency for housing & real estate sector in India, Naredco’s activity ranges from legislative, legal and regulatory issues to commercial issues in the sector.
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