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approval process

Corruption causing problems for Indian realty: CREDAI president

Corruption causing problems for Indian realty: CREDAI president
Lalit Kumar Jain, president of the Confederation of Real Estate Developers’ Association of India (CREDAI) has stated that corruption is the biggest trouble glaring the real estate sector. At the opening address of 12th NATCON, the Credai president remarked that that the humiliating approval process and corruption is to blame for the problems of developers [...] Continue Reading »

Cost of apartments in India can be reduced by timely approval

Cost of apartments in India can be reduced by timely approval
The government of India has planned to set up committee to evolve a workable strategy for reducing the time taken in approval of real estate projects in India. According to builders association, faster approval process can reduce the cost of any project between the range of 20 to 40 percent. The minister of housing and [...] Continue Reading »

New panel to enhance realty project approval process

New panel to enhance realty project approval process
The union ministry has planned to set up a group of officials to make the approval process faster for the real estate projects in India. The committee will be headed by the former head of the Competition Commission of India. His main responsibility will be to set up a systematic way through which any developer [...] Continue Reading »

Realty developers association planned to plead government

Realty developers association planned to plead government
In the two days conference at Pune the Confederation of Real Estate Developers’ Association of India (CREDAI) has planned to send an application to the union government. CREDAI also decided to go for a all India strike to let others know about the concerns facing by the realty sector. The association wants to follow the [...] Continue Reading »



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