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CREDAI India

Tiff between the real estate players and cement manufactures: Immature as per the industry experts

Tiff between the real estate players and cement manufactures: Immature as per the industry experts
The real estate developers of South India have decided to teach a lesson to the cement manufacturers for their alleged price hike by not buying cement for one week. However the industry experts are looking at this recent spat between the builders from south India and local cement manufacturers on the hike in cement prices [...] Continue Reading »

Land Acquisition Bill to Increase Land and Housing Prices

Land Acquisition Bill to Increase Land and Housing Prices
Confederation of Real Estate Developers Association of India (CREDAI) says that land owned by private companies should not be considered under the land acquisition bill as this would lead to a rise in land cost very soon and affordable houses would soon become a dream. According to the bill introduced in Lok Sabha the rehabilitation [...] Continue Reading »

Higher Interest Will Push Up Monthly Installments For Home Loans

Higher Interest Will Push Up Monthly Installments For Home Loans
Higher interest will push up monthly installments for home loans for existing as well as new home buyers. The National Real Estate Development Council (Naredco) expects interest rates on housing finance to increase to 10.5 per cent for loans up to Rs 30 lakh and 11 per cent or more on loans above Rs 30 [...] Continue Reading »

Mentioning carpet area in brochures and sales agreement is mandatory

Mentioning carpet area in brochures and sales agreement is mandatory
The Confederation of Real Estate Developers Association of India (Credai) has decided to make it mandatory for all members to mention carpet area in their brochures and sales agreement. The move aims at bringing transparency in the sector. Confederation of Real Estate Developers’ Association of India (Credai), which has over 10,000 builders as member across [...] Continue Reading »



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