Confederation of Real Estate Developers’ Association of India
The rating system would entail the real estate developers to disclose many things. They would have to reveal the exact source of funding for all their projects and also the completion rate of the project every year. Builders turn ferocious against such grading system. This act came into power in the beginning of this year, [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (Credai), state unit, come forward demanding an increase in the project sizes that need environment clearances. As per their needs, the size should be increased from the current 20,000 sq. m to 1 lakh sq. m. The chief minister Devendra Fadnavis and the Union environment minister, [...] Continue Reading »
Potential house owners to approach Bhubaneswar Municipal Corporation for the approval of building plans instead of Bhubaneswar Development Authority. Years’ ongoing practice of seeking approvals from Bhubaneswar Development Authority is now going to change with Bhubaneswar Municipal Corporation stepping in. Pushpendra Singhdeo, housing and urban development minister is the present Chairman of the BDA Advisory [...] Continue Reading »
The current market prices of property have fallen below the circle rates owing to the subdued realty market in many locations like New Friends Colony, Kalindi Kunj, and Noida in the NCR; Behala, Thakurpukur, Kolkata Main and Lake Town among others in Kolkata, and in small cities like Bhopal. There are many other cities and [...] Continue Reading »
Getamber Anand the president (elect) of CREDAI and the CMD of ATS group stated that CREDAI (The confederation of Real Estate Developers’ Association of India) has sent a proposal to finance and urban development ministries to fulfil the long lasting demands of the real estate sector. Due to poor policies and economic downturn globally, the [...] Continue Reading »
Recovering from decades of being at the mercy of real estate developers, home buyers are now employing collective efforts in a bid to avoid getting duped. The recent Supertech and DLF cases, are just two such examples. Prior to this, real estate majors faced little resistance with respect to project activities. Home buyers are now [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh and formation of Telangana, the Telangana Government is planning for measures to give boost to the real estate and other construction projects. A single window clearance system will reduce red-tapism, enhance visibility and speed up the projects. Speaking at a real estate event Gruhapravesham, the first property [...] Continue Reading »
This year, the exhibition is being organised on national and international level. will be organising ‘Property Show 2014‘ from May 23 to May 25 at Dongre Vasatigruha will be organised by The Confederation of Real Estate Developers’ Association of India (CREDAI). “This exhibition will have information about properties ranging from Rs 15 lakh to Rs [...] Continue Reading »
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 »
Mr. C. Shekhar Reddy, President Credai-National, says that the real estate sector has been witnessing high input costs, high cost of funds and a moderate demand over the last few months. The real estate sector has been neglected and requires immediate concern to develop confidence. Mr. Anuj Puri, Chairman and Country Head, JLL India, says [...] Continue Reading »
