With over 35 years of diversified experience, both as a bureaucrat in government sector as well as in a leadership role in the private sector, Rajeev Talwar was appointed as the Chairman of the National Real Estate Development Council (NAREDCO) in April 2016.

NAREDCO, established in 1998 was put in place as an independent, self-directed and a self-regulatory body under guidance of the Ministry of Housing and Urban Poverty Alleviation, Government of India. The body acts as a focal point where everyone ranging from the government, industry and general public can deliberate on issues and opportunities facing the sector.

Talwar started working with DLF in the year 2006 and presently serves as the CEO of the company. DLF's primary business is the development of residential, commercial and retail properties. From developing 22 major colonies in Delhi, DLF is now present across 15 states - 24 cities in India.

Talwar, a post graduate and a graduate from St. Stephens College, Delhi University, started his career in 1976, as a Banker with State Bank of India as a Probationary Officer. In the year 1978, he was selected for the Indian Administrative Service. Talwar held numerous vital posts in both the central and the state governments during his tenure as an IAS officer from 1978 to 2006.

Presently he is also the Chairman of Real Estate Committees at various industry chambers and associations.

Welcoming the appointment of Rajeev Talwar as Chairman of NAREDCO, Parveen Jain, President, NAREDCO said, "Mr. Talwar's vast experience will help NAREDCO to play a crucial role in the growth and development of real estate in the country. His professional acumen would help the sector and the Government to synergize for achieving common goals fore-mostly Government's vision of Housing for All by 2022."

Talwar viewed 12% GST for the construction sector as a positive step. In a media report he said, "NAREDCO is of the view that the actual tax incidence under GST will match or be lower than the existing multiple indirect taxes on the sector. The GST rate for work contracts, which will also be offset by input credits, will provide for a seamless and simplified tax policy."

Talwar also demanded industry status for the real estate sector. He is quoted in a media report saying that, "We not only want the sector to grow but also want the home-buyers to benefit. All of this should happen along with an increase in government revenue from the sector. Our suggestions, if accepted, will be a win-win situation for all the stakeholders. Industry status is something which is long overdue to the sector. Government should help developers in getting better access to funds and also incentivise home-buyers to create demand for the sector, which is facing a lot of challenges."