Business Economy


NAREDCO announces key leadership changes, appoints Parveen Jain as new president

New Delhi, Oct 15 (UNI) The National Real Estate Development Council (NAREDCO) today announced election of Parveen Jain as its new President and Niranjan Hiranandini as Chairman, an official statement said.
Parveen Jain, Founder and Managing Director of Tulip Infratech, has extensive experience in the real estate sector. Under his leadership, Tulip Infratech has emerged as a trusted name in architectural excellence.
Jain said, “It is a privilege to once again lead NAREDCO, an institution that represents the collective strength and aspirations of India’s real estate industry. Our focus will be on promoting transparency, supporting progressive policy reforms, and enabling sustainable growth that aligns with India’s larger economic vision. NAREDCO will continue to act as a bridge between the government and the real estate fraternity, ensuring that we grow responsibly and inclusively.”
Dr. Niranjan Hiranandani is a pioneering figure in the Indian real estate landscape and Co-Founder & Managing Director of the Hiranandani Group.
He said, “NAREDCO has always been at the forefront of driving collaboration between the government and industry. With Mr. Jain’s visionary leadership, I am confident that the organization will continue to champion constructive reforms, enhance industry credibility, and contribute significantly to the nation’s development goals.”
The National Real Estate Development Council (NAREDCO) was established as a self-regulatory body in 1988 under the Ministry of Housing and Urban Affairs.
UNI SAS RB
More News

Indian REITs Association hosts first Investor awareness programme in Lucknow

12 Jun 2026 | 5:31 PM

Lucknow, Jun 12(UNI) The Indian REITs Association (IRA) on Friday organised its first REIT awareness programme in Lucknow to educate investors about Real Estate Investment Trusts (REITs) and their potential as an investment option.
The programme forms part of IRA's ongoing efforts to increase awareness of REITs and promote a better understanding of this emerging asset class among investors.

see more..

Retail inflation rose to 3 93 percent in May

12 Jun 2026 | 4:57 PM

New Delhi, June 12 (UNI) India's retail inflation rose to 3.93 percent in May compared to 3.48 percent in April, government data said.

see more..

World Bank lowers global growth projections to weakest level since COVID-19 amid West Asia conflict

12 Jun 2026 | 4:45 PM

Washington, June 12 (UNI) The World Bank has lowered its global growth forecast to its weakest level since the Covid-19 pandemic, warning that the economic fallout from the conflict in West Asia is spreading well beyond the region and putting additional pressure on countries around the world.

see more..

MSME loan growth slows as global uncertainty weighs on credit demand

12 Jun 2026 | 3:44 PM

New Delhi, June 12 (UNI) Amid increasing global uncertainty, credit growth in the micro, small, and medium enterprise (MSME) sector has started showing signs of moderation, with loan growth declining to 13 per cent year-on-year in April 2026 from 20 per cent in December 2025, according to a report by IIFL Capital.

see more..

Tata Motors to increase prices of passenger vehicle from July 1

12 Jun 2026 | 2:50 PM

New Delhi, June 12 (UNI) The prices of Tata cars are set to be expensive as the Tata Motors Passenger Vehicles Ltd is set to increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EVs) by up to 1.5 per cent from July 1.

see more..