NAREDCO launches India's first e-commerce housing portal - ‘HousingForAll.Com’. The 45-day All-India Online Home-Buying Festival for ready-to-move-in homes also launched; over 1,000 projects expected to be listed.
ational Real Estate Development Council (NAREDCO) announced the country's first e-commerce housing portal - ‘HousingForAll.Com’, to create a trusted, secured and seamless journey for home buyers in India and abroad, along with giving a boost to Hon’ble Prime Minister Narendra Modi's 'Housing for All' and 'Digital India' initiatives.
Launched by Durga Shanker Mishra, Secretary, Ministry of Housing & Urban Affairs, Government of India, along with the NAREDCO’s leadership, the e-commerce housing portal will host a 45-day All-India Online Home-Buying Festival for ready-to-move-in homes, with over 1,000 projects expected to be listed.
The initiative was proposed and announced by Hardeep Singh Puri Ji, Hon’ble Minister of State (I/C) for Housing and Urban Affairs during the First National RERA Conclave on November 4, 2019 in Lucknow to come up with a housing e-commerce platform.
Under the guidance of the Ministry, NAREDCO is happy to announce and launch this e-commerce platform which is a joint industry effort supported by various Industry Bodies, Members of National Real Estate Development Council (NAREDCO), CREDAI-MCHI, CII, FICCI, Associated Chambers of Commerce and Industry of India (ASSOCHAM), Builders Association of India (BAI), and Indian Merchant Chambers (IMC).
Created by the industry for the industry, this platform seeks support from respectiv state governments, RERA authorities, developers, banks and housing finance institutions to create a transparent and seamless journey for home buyers.
The first-of-its kind online home buying initiative for projects that have received occupancy certificates (OCs) is directed towards creating a seamless, safe and transparent home-buying experience for home buyers and creating positive sentiment for the real estate industry, boosting confidence and faith amongst home buyers, enhancement of liquidity flow in the industry and contributing to growth of the economy.