Rules & Eligibility
Enterprises involved in any discipline of real estate business which includes land development, planning & construction of residential, commercial and institutional buildings/complexes, development of townships, real estate finance & marketing, and allied fields like architecture, manufacturing & supply of construction material, finance, insurance etc. are eligible for the membership of NAREDCO. Different categories of Membership are:
Corporate Members
Corporate Real Estate Firms engaged in any facet of Real Estate Development that make initial contribution to the corpus fund of NAREDCO & pay annual membership fee as mentioned in the table below.
Patron Members
Open to eminent enterprises engaged in any facet of Real Estate Development that make initial contribution to the corpus fund of NAREDCO and pay annual membership fee as mentioned in the table below.
Regular Members
Enterprises engaged in any facet of Real Estate Development that make initial contribution to the corpus fund of NAREDCO and pay annual membership fee as mentioned in the table below.
Associate Members
Enterprises operating in ancillary fields of Real Estate Development, such as production and supply of building materials, plumbing, electrical, air-conditioning, consultants etc. are entitled to become Associate Member subject to payment of initial contribution and annual membership fee as mentioned in the table below.
Individual Members
Individuals of any enterprise operating in any facet of Real Estate Development who make an initial contribution for the establishment of NAREDCO and pay annual membership fee as mentioned in the table below.
| Category | Initial One Time Contribution | Annual Subscription (Including GST) |
|---|---|---|
| Corporate | ₹ 10,00,000/- | ₹ 23,600/- |
| Patron | ₹ 2,00,000/- | ₹ 23,600/- |
| Regular | ₹ 1,00,000/- | ₹ 23,600/- |
| Individual | ₹ 1,00,000/- | ₹ 23,600/- |
| Associate | ₹ 50,000/- | ₹ 23,600/- |
Cheque/DD in favor of NAREDCO west foundation payable at MUMBAI along with duly filled membership application form.
- September 24, 2021