Rules & Eligibility for Membership

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:

Founder Members (Frozen)

Those enterprises that make initial contribution for the establishment of NAREDCO and pay annual membership fee as given in table below.

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.

Initial Contribution and Membership Fee of Different Categories of Membership
Category Initial One Time Contribution Annual Subscription
(Including GST)
Corporate INR 5 Lac INR 11,500/-
Patron INR 2 Lac INR 11,500/-
Regular INR 1 Lac INR 11,500/-
Individual INR 1 Lac INR 11,500/-
Associate INR 50,000/- INR 11,500/-
Founder INR 2 Lac INR 11,500/-
Cheque/DD in favor of NAREDCO west foundation payable at MUMBAI along with duly filled membership application form.

National Real Estate Development Council, West

Naredco West Foundation, C/O Shah & Shah Associates,
C Block, Near Sachin Tendulkar Stand, Wankhede Stadium, Mumbai - 400 020