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Confederation of Real Estate Developers’ Association

20% Quota Group Housing Schemes Hyderabad

20% Quota Group Housing Schemes Hyderabad
The Greater Hyderabad Municipal Corporation (GHMC) has announced 20 per cent quota clause in group of housing schemes. It has also recorded the lost revenue of  Rs.5 crore this year. The State Government has made it mandatory for the builders constructing in one acre and above to reserve a payment of 20 per cent for economically [...] Continue Reading »

Developers to claim losses from Greater Noida Authority

Developers to claim losses from Greater Noida Authority
One day after the Allahabad High Court order of quashing the land in Patwari it was revealed that around 50,000 private housing units were proposed to be constructed in the Patwari area and according to developers, around 20,000 bookings have already been made by the buyers in the area. Developers have reiterated that the “fault” [...] Continue Reading »



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