Following is an excerpt from a report in expressbuzz.com.

National Real Estate Development Council (NAREDCO) of the Union Ministry of Housing and Urban Poverty Alleviation is all set to open its Regional Office (East) and launch the Orissa chapter of the Council in Bhubaneswar on Saturday. It would be the fifth regional office in the country after Mumbai, Hyderabad, Jaipur and Delhi.

As the nodal agency for housing and real estate sector in India, Naredco’s activities range from legislative, legal and regulation issues to commercial ones.