Confederation of Real Estate Developers’ Associations of India (CREDAI)
The Confederation of Real Estate Developers Associations of India (Credai) has announced that it will set up an institute in Ahmedabad to impart education and facilitate research in the real estate sector. Credai Institute of Real Estate Research and Professional Studies will come up near Kensville Golf and Country Club near Ahmedabad. The institute, aimed [...] Continue Reading »
The depreciating rupee may be a concern for the economy, but it has become a disguised boon for builders in Mangalore. In the past three weeks 16 new projects totalling a minimum of thousand apartments have been launched indicating robust demand and stepped up activity in the construction sector in Mangalore. Mangalore chapter of the [...] Continue Reading »
The second edition of Karnataka state Confederation of Real Estate Developers’ Associations of India (Credai) convention- Statecon 2012 under the overall will be held in Mangalore on August 25. The theme of the convention is ”Homes for all”. The convention will be hosting participants from many folds – developers from all over Karnataka as well [...] Continue Reading »
As a responsive measure to the depletion of groundwater at a great speed, the apex body for real estate Confederation of Real Estate Developers’ Associations of India (CREDAI) has decided to adopt rain water harvesting as corporate social responsibility (CSR) this year. The announcement comes two days following the Punjab and Haryana High Court directed [...] Continue Reading »
The Confederation of Real Estate Developers Associations of India (CREDAI), the apex body of real estate developers from across the country, expressed that the government’s policy paralysis has severely impacted the real estate sector which is facing stagnation in growth. CREDAI National President, Lalit Kumar Jain said that the economy is in a bad shape [...] Continue Reading »
Home registrations in Mumbai, in H1 of 2012, have seen a marginal fall of 3.4% compared to the same period last year, whereas in H1 of 2011, home registrations had seen a steep fall of 22% against H1 of 2010. This data shows some signs of progress in the Mumbai residential property market on a [...] Continue Reading »
The industry status is what the property consultants are demanding in the upcoming realty budget! Tax exemption on home loans and incentives to promote affordable housing segment is all what the real estate players are demanding for! Also, the realty players want to create a demand for retail space in shopping malls for the Foreign [...] Continue Reading »
The Cash Reserve Ratio (CRR) rates has been cut down by the Reserve Bank of India (RBI). The Confederation of Real Estate Developers’ Associations of India (CREDAI) is all happy to welcome the cut down of CRR rates by 50 base points. This policy is said to improve the liquidity in the realty sector. Now, [...] Continue Reading »
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
