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Confederation of Real Estate Developers’ Associations of India (CREDAI)

Realty scene to improve in India

Realty scene to improve in India
The Confederation of Real Estate Developers’ Associations of India (Credai) has decided to work towards the theme ‘Home For All by 2022’. The meeting of the body that was held during August 6-8 laid special thrust on the mission of pucca housing for all by 2022. C Shekar Reddy, National President, Credai, in a statement [...] Continue Reading »

CREDAI puts forth pre-budget demands to boost the ailing sector

CREDAI puts forth pre-budget demands to boost the ailing sector
On Monday in New Delhi the realtors body CREDAI (The Confederation of Real Estate Developers Association of India) sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 % while expressing their pre-budget wish list. Single-window clearance for the real estate projects to reduce red tapism and [...] Continue Reading »

Credai welcomes multi-level parking in Chennai

Credai welcomes multi-level parking in Chennai
The Confederation of Real Estate Developers’ Associations of India (CREDAI) Chennai, has welcomed the government’s approval for multi-level parking in apartments in the city. The developers body say that this decision would relieve parking space pressure in Chennai. The permission has been granted for the same building (stilt+2) and not a separate block, which means [...] Continue Reading »

Environment clearance delay trouble builders

Environment clearance delay trouble builders
The builders have expressed their displeasure over the delay they have to face while getting environmental clearance. Developers body, Confederation of Real Estate Developers’ Associations of India (CREDAI), says that the environment clearance delays projects by almost two years. While developers’ body is pushing for a practical approach by the environment ministry, so that the [...] Continue Reading »

Home sales to increase 20%: CREDAI

Home sales to increase 20%: CREDAI
Developers’ body Confederation of Real Estate Developers’ Associations of India (CREDAI) has expressed hopes that housing sales are expected to improve by about 20 percent in major cities during the festival season. The main propellant has been identified as the marginal fall in interest rate on home loans. Buyers waiting for last two years to buy [...] Continue Reading »

RICS, CREDAI tie-up to offer realty courses

RICS, CREDAI tie-up to offer realty courses
Confederation of Real Estate Developers’ Associations of India (CREDAI) and the Royal Institution of Chartered Surveyors (RICS) have come together to offer courses in real estate. They have announced a joint initiative to address the learning needs of professionals in real estate and construction sectors. RICS is a global professional body which builds environment that [...] Continue Reading »

Noida Extension developers and Greater Noida Authority to sort out issues

Noida Extension developers and Greater Noida Authority to sort out issues
Developers in Noida Extension have sent a letter to the Greater Noida Authority to clear the relief being offered to them buyers can be benefitted and home sales start soon. Loan processing by banks is expected to start soon so that buyers can avail funds to buy homes. Meanwhile, Confederation of Real Estate Developers Association [...] Continue Reading »

CREDAI asks Noida Extension developers to protect buyers’ rights

CREDAI asks Noida Extension developers to protect buyers’ rights
The Noida Extension home buyers are apprehensive of facing problems like cancellations and unethical demand letters from developers after the construction work has resumed. They conveyed their fear to Confederation of Real Estate Developers Associations of India (CREDAI) in a meeting and sought its intervention on the matter. Following the meeting, CREDAI has issued a [...] Continue Reading »

Punjab developers oppose cess imposed by govt

Punjab developers oppose cess imposed by govt
Developers in Punjab has opposed the state government’s move to levy social infrastructure cess on property transactions. Confederation of Real Estate Developers’ Associations of India (CREDAI), Chairman, Anil Chopra stated that it would hit demand in the real estate sector which is already undergoing slowdown. Poor demand in real estate sector can be gauged from [...] Continue Reading »

Statecon witnesses 10,000 footfall

Statecon witnesses 10,000 footfall
The two-day ‘Statecon 2012′ organized by the Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore has received satisfactory footfall. The exhibition with the theme ‘Home for all’ witnessed 42 builders putting up their stalls and had almost 10,000 footfall and 4,220 confirmed inquiries for dwelling units – indicating a [...] Continue Reading »



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