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Confederation of Real Estate Developers

Hiring in the Real Estate Sector increases during the upcoming festive season

Hiring in the Real Estate Sector increases during the upcoming festive season
The real estate professionals are in great demand as the top management is working on a hiring plan ahead of the festivals. We can witness a similar scene at the Bangalore office of the real estate company Brigade Group. After the Narendra Modi-led BJP swept to power in Delhi and the business sentiment improved, this [...] Continue Reading »

CREDAI T.N division to finalise the SOPs for building norms soon

CREDAI T.N division to finalise the SOPs for building norms soon
The Confederation of Real Estate Developers’ Association of India (CREDAI), Tamil Nadu is working on the development of standard operating procedures (SOPs). These SOPs will be circulated among all its members to be adhered to in their construction work. This information was provided by Rajesh B Lund the President of CREDAI, Coimbatore. There was a [...] Continue Reading »

Telecom infrastructure mandatory for future real estate ventures: DoT

Telecom infrastructure mandatory for future real estate ventures: DoT
According to an internal note of the Department of Telecommunications (DoT), the government plans to make creation of telecom infrastructure mandatory for future real estate ventures, including high rises. DoT is likely to shortly specify the real estate project categories where it may purely be the property developer’s responsibility to arrange the basic telecom infrastructure, [...] Continue Reading »

Below normal monsoon may force labourers to work in construction sector

Below normal monsoon may force labourers to work in construction sector
If the prediction of below-normal monsoon by India Meteorological Department (IMD) this year turns out to be true then the  availability of unskilled and semiskilled labour for construction and real estate sector is likely to increase. Monsoon is the main source of irrigation in agriculture which supports over 50% of the Uttar Pradesh population. Around [...] Continue Reading »

Real Estate companies introduce billboard blitzkrieg for Ballot Day

Real Estate companies introduce billboard blitzkrieg for Ballot Day
Nearly 90 big billboards are coming up across Bangalore, questioning ‘Can India can raise the bar?’ or ‘Will India fly high?’, among other questions. These campaigns ask voters to turn out in large numbers at polling booths on April 17, when Karnataka votes. Ms. Tanya Singh Khosla, city-based graphic and brand designer, starts this campaign [...] Continue Reading »

Developers sleet RBI policy; demand easing of interest rate

Developers sleet RBI policy; demand easing of interest rate
CREDAI says that interest rates have increased and the hoped rates would come down in near future which motivates the economic growth as well as housing demand. Mr. Lalit Kumar Jain, Chairman of Confederation of Real Estate Developers’ Associations of India (CREDAI), says that this is positive step as it indicates that interest rates will [...] Continue Reading »



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