Credai aims at housing surplus in Karnataka by 2020
Karnataka unit of Credai (Confederation of Real Estate Developers’ Associations of India) aims to see the state housing surplus by 2020.
Officials state that the developers’ body will dwell upon the issue in Statecon 2012, which will be hosted in Mangalore on August 25.
The official source states that Credai wants to provide people in low-income group and from economically weaker sections to get housing facility by 2020, which will require both government and private players to work together.
Such an initiative has already been underway in Gujarat, where the government acquires land and provides infrastructure in remote areas. This way cost of land is affordable for economically weaker section of the society.
Cost of land, Credai(Confederation of Real Estate Developers’ Associations of India), economically weaker sections, Gujarat, Karnataka, Low-income group, Mangalore, Mangalore real estate, Real Estate India, Realty News, Statecon 2012
[...] Credai aims at housing surplus in Karnataka by 2020 [...]