Builders’ Association of India
The Builders Association of India is now expecting an amendment in the Arbitration Act. This one will make institutional arbitration mandatory for contracts which are state awarded. Around three years ago, the proposal had been initiated when the Law Minister was Veerappa Molly. Parmar, who happens to lead a 750 member association, told the Business [...] Continue Reading »
The Builders Association of India is now expecting an amendment in the Arbitration Act. This one will make institutional arbitration mandatory for contracts which are state awarded. Around three years ago, the proposal had been initiated when the Law Minister was Veerappa Molly. Parmar, who happens to lead a 750 member association, told the Business [...] Continue Reading »
Construction in the city has slowed down due to workers shortages as they have gone back to their native places to cast their votes. Time-bound projects will be affected the most, as a result. Bangalore construction industry is dependent upon labourers from Karnataka, Orissa, Bihar, Uttar Pradesh, Rajasthan, Tamil Nadu and Andhra Pradesh. A lot [...] Continue Reading »
The Builders and property promoters in Coimbatore requested to the Commissioner of Central Excise, Customs and Service Tax to focus on the problem they faced in payment of Service Tax. The Representatives of the local Builders’ Association of India and Confederation of Real Estate Developers’ Associations of India and the Coimbatore Builders and Contractors Association [...] Continue Reading »
MYREALTY-2012, ‘The Great Property Show‘ at Maharaja Grounds in Mysore will start from May 18. The realty expo will be conducted by Builders’ Association of India (BAI), in association with Confederation of Real Estate Developers’ Associations of India (CREDAI, Mysore center). The organizers are aiming to bring buyers, sellers and financiers on the same platform [...] Continue Reading »
The real estate builders in Mumbai have called off for strike and it is scheduled for May 3, 2012. The Builders Association of India along with the Maharashtra Chamber of Housing Industry and the Confederation of Real Estate Developers Association of India had called for strike protesting the delay in realty project approvals. According to [...] Continue Reading »
New policy formed for redevelopment of old housing societies does not seem to work good as it was planned. Builders Association of India (BAI) is not happy with the policy want Maharashtra Chief Minister‘s intervention for the same. Projects to be redeveloped in Maharashtra Housing and Area Development Authority (Mhada) layouts have been stopped for [...] Continue Reading »
The high rates of property has played a spoil-sport this festive season in Mumbai. Many apartment seekers have kept themselves at bay unable to furnish such hefty sums. This drop of demand had also affected adversely to property developers and very few new projects are on the docks. Mr. Anand Gupta, secretary of the Builders [...] Continue Reading »
In Jamshedpur, Vishal Gupta the managing director of Ashiana Housing Ltd a mid-level builder reported saying that the July figures were quite impressive with 1.65 lakh sq ft area that was booked though they were in the apprehension that they would not meet the expected financial figure this year and also falling finanacial year because of the [...] Continue Reading »
Frustrations of lakhs Mumbaiites who are watching their dream homes slip fast out of their reach. There are several factors to blame for this, but chief among them is the ugly nexus between civic officials, politicians and the builders. The builder community claims that it is being blamed unfairly. “How can we control prices when [...] Continue Reading »
