In a bid to elevate safety standards in India's real estate sector, the National Real Estate Development Council (NAREDCO) has inked a Memorandum of Understanding (MoU) with the Fire and Security Association of India (FSAI). This landmark partnership aims
Real EstateFire SafetySecurityNaredcoFsaiReal Estate NewsOct 05, 2024
The MoU aims to promote awareness about fire safety and security among developers, architects, and other stakeholders in the real estate sector, and to develop training programs to enhance the skills of professionals involved in the design, construction, and maintenance of real estate projects.
The partnership is expected to yield several benefits, including enhanced safety standards, increased awareness, and improved compliance with safety regulations and standards.
NAREDCO is an apex body of the real estate industry, comprising developers, builders, and other stakeholders, and aims to promote the interests of the real estate sector and provide a platform for its members to address common issues and challenges.
FSAI is a non-profit organization dedicated to spreading awareness about fire safety and security in the country, and promoting best practices in fire safety and security across various industries, including real estate.
The partnership is expected to make a positive impact on the industry, ultimately benefiting homebuyers and the general public by promoting a culture of safety and reducing the risk of accidents and injuries in real estate projects.
Kalpataru, a prominent real estate developer in the Mumbai Metropolitan Region, is set to enter the 'Zero Mile City of India' – Nagpur, with a new project located close to the Samruddhi Expressway.
Uttar Pradesh Chief Minister Yogi Adityanath lays foundation stone for IKEA store in Noida, a ₹5,500-crore project set to boost commercial real estate and industrial development in the state.
COWRKS, a leading provider of premium workspaces, has announced its expansion with the opening of new centres in Mumbai and Bengaluru, adding 1.4 lakh sq ft to its total presence across India.
The Gujarat Real Estate Regulatory Authority (GujRERA) has directed all real estate developers in the state to open separate project bank accounts in Gujarat.
A luxury apartment at Lodha Sea View in Mumbai's Worli has been sold for a record-breaking Rs 187 crore. The property's prime location and ongoing infrastructure projects, such as the Mumbai Coastal Road and Metro Line-3, are driving its desirability.
Realty firm Keystone Realtors reports 45% decline in net profit at Rs 25.82 crore for June quarter FY25, citing higher expenses. Total income rises to Rs 437.20 crore during April-June period.