December 19, 2025 04:40 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Horror in Bangladesh: Hindu man lynched and set on fire amid violent protests | Bangladesh in flames: Student leader Sharif Osman Hadi's death triggers massive protests, media offices torched | Chaos in Dhaka! Protesters assault New Age Editor, burn down newspaper offices amid deadly unrest | After campus shootings, Trump suspends green card lottery programme | ‘Worst is over,’ says IndiGo CEO after flight chaos; staff told to ignore speculation | Chaos at Hyderabad's Lulu Mall! Nidhhi Agerwal swarmed by fans, police register case | TCS bets big on AI, shares spike as company reveals ambitious plan | Delhi goes into emergency mode! Work from home, vehicle bans as AQI hits ‘severe’ | Massive fire guts shanties near Eco Park in Kolkata; no casualties | Indian Visa Application Centre in Dhaka shuts down early amid rising security concerns

ASSOCHAM, NAREDCO sign MoU at NAREDCO Real Estate Banking Conclave

| | Aug 21, 2014, at 03:59 am
Mumbai, Aug 20 (IBNS): ASSOCHAM and NAREDCO on Wednesday signed a Memorandum of Understanding to align strategic efforts under the aegis of the Ministry of Housing & Urban Poverty Alleviation, Government of India, to ensure a home for every Indian by 2022.

The MoU and Charter were jointly unveiled by  Rana Kapoor, President, ASSOCHAM and MD & CEO, Yes Bank, along with Sunil Mantri, President, NAREDCO, at the NAREDCO Real Estate Banking Conclave in the presence of   G.S. Sandhu, Secretary, Ministry of Finance, Govt. of India and S.S. Mundra, Deputy Governor, Reserve Bank of India.

Speaking on the occasion Rana Kapoor, President, ASSOCHAM and MD & CEO, Yes Bank said: “This MoU between NAREDCO and ASSOCHAM will empower both organisations to strategically align efforts by championing knowledge initiatives and strategic interventions in the real estate, housing, urban infrastructure and construction sectors."

"I strongly believe that positioning Mumbai as an International Finance Centre at par with global cities will help realise the city’s  tremendous growth potential and achieve the vision of actualising the vision of Mumbai as an ‘Economic Capital Region’ and hub of the Indian economy," he said.

Rana Kapoor delivered a keynote address on the steps to be taken to establish Mumbai as an Economic Capital Region and emphasised that development of Real Estate, Healthcare, Urban Infrastructure, Education and other allied sectors is essential to take this vision forward.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm