Confederation of Real Estate Developers’ Associations of India
CREDAI is poised and all set for a welcoming move of introducing ‘zero garbage in the housing complexes’ Confederation of Real Estate Developers Associations’ of India (CREDAI) all over India is joining hands launch a programme for ‘zero garbage in the housing complexes’. All the CREDAI members belonging to various states joining hands for the [...] Continue Reading »
Chennai Metropolitan Development Authority close scrutiny of building plans and completion certificates has hit affordable housing projects in the city. The clampdown followed the collapse of an under construction 11-storey building in Chennai’s Moulivakkam area in which more than 60 people were killed. It is indeed a knee jerk reaction by the planning authority said [...] Continue Reading »
Next week the Competition Commission of India (CCI) is expected to hear the charges of alleged cartelisation, lobbying and unfair trade practices against nine of the country’s top builders and their industry body CREDAI (Confederation of Real Estate Developers’ Associations of India). Following a probe carried out by the investigation arm of CREDAI, The CCI had [...] Continue Reading »
The Government is keen on introducing the Real Estate Development Regulatory Bill in the winter session of the Parliament. This bill is expected to bring some relief to the home buyers who are taken for a ride by the real estate developers. The Government is set to crack the whip on unscrupulous builders who put [...] Continue Reading »
After the bifurcation of the state of Andhra Pradesh, everything was divided, or there are bodies which are newly formed for the new state. The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged its members to adhere to the National Building Code. They have also urged to [...] Continue Reading »
In the opinion of the developers and builders in Pune, the weakening realty sector is apparently set for a much-needed turnaround, provided that the Narendra Modi-led new Government at the Centre announces some immediate policy moves. According to the Pune developers and builders, the most important expectations from the new Government are a lowering of [...] Continue Reading »
Speaking recently at a workshop organized by Confederation of Real Estate Developers Associations of India (Credai) – National for builders in Pune, Satish Magar, vice-president of the agency said that The Maharashtra Regulatory & Development Act (MHRDA), 2012, is committed to bring more transparency and accountability, thus, helping both builders and property buyers. Magar said [...] Continue Reading »
The Builders and property promoters in Coimbatore requested to the Commissioner of Central Excise, Customs and Service Tax to focus on the problem they faced in payment of Service Tax. The Representatives of the local Builders’ Association of India and Confederation of Real Estate Developers’ Associations of India and the Coimbatore Builders and Contractors Association [...] Continue Reading »
In the coming months if past trends are any indication, real estate prices around the newly commissioned Metro line are expected to rise. MG Road Baiyappanahalli Metro line, which was commissioned in October 2011, has witnessed a great hike in property rates on either of the side. In the words of Industry Prices rose by [...] Continue Reading »
Visakhapatnam is well suited to be the capital city for the residual Andhra Pradesh, presented with a natural harbour, long seafront and cosmopolitan flair, said C Shekar Reddy, national president of the Confederation of Real Estate Developers’ Associations of India (Credai). He informed mediapersons, “Going by the global experience, cities facing waterfront have flourished economically [...] Continue Reading »
