CREDAI
The Chief Minister of Haryana, Manohar LalKhattar in a statement on Monday said that concrete steps would be taken by the government to ensure that the people of Haryana get access to affordable housing. For this endeavour, he seeks the cooperation of the Private Sector. The CM of Haryana addressed a conference of the CREDAI [...] 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 »
The price of sand, which is an important construction material is skyrocketing with an increase of 150% during the last four months. This alarming rise has been reported in the city of Visakhapatnam. Soon after the Andhra Pradesh state government announced its sand policy, there witnessed a sudden hike in price of sand. This is [...] Continue Reading »
The State Government has announced its decision to increase the guidance rate for property. Suresh Hari, analysing the trend predicts that such a method of calculation can lead to an inflationary trend that excludes price correction at any point of time creating an artificial bubble. An increase in the guidance rate for property, which has [...] Continue Reading »
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 »
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 »
During a recent address at the inaugural session of the Conference on Real Estate organized by CII and CREDAI NCR, Karan Bir Singh Sidhu – Joint Secretary of the Union Ministry of Housing and Urban Poverty Alleviation – said that realty growth in the National Capital Region (NCR) will largely be revived as a result [...] 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 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 »
