Builders Association
The government of Mumbai has introduced the new development control regulations for the properties in Mumbai. According to the new Floor Space Index (FSI) calculation, the balcony, flower beds, ducts, car decks, etc. will not be included in the salable floor area. However according to builders association this decision will increase the cost of the [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has decided to seek details of various approved projects and the amount of revenue earned by the state government. By this way the builders association want to show the government how much loss they are incurring due to different clearance policies. According to the builders [...] Continue Reading »
Confederation of Real Estate Developers’ Associations of India (CREDAI) planned for a two days conference in Pune. The main agenda of the brain storming session is to find out probable solutions for coming out from the critical situation. The top developers from across the country will also discuss the impact of the union Budget 2012, [...] Continue Reading »
The market scenario in real estate in Mumbai is under a huge crisis. The sale rate is decreased to an extent in last few months leading to a fund crunch for the sector. The sector did not get any better offer from the budget 2012 other than affordable housing projects are allowed to access External [...] Continue Reading »
As the government ruled out guideline for the builders to allocate 10 percent of space for lower income group. The builders in Bangalore are worried about their luxurious projects. According to the builders, who pays a high amount for a luxurious apartment may not be interested to stay in the neighbourhood of a EWS colony. [...] Continue Reading »
