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Greater Noida properties price likely to go up

Greater Noida properties price likely to go up
NCR Planning Board is all set to push the real estate prices in Greater Noida amid indications from developers that they would go for a price revision once the draft gets green signal the board. While the existing flat owners waiting for possession of properties remain unaffected, new buyers may have to pay at least [...] Continue Reading »

Developers body appeals for PM’s help

Developers body appeals for PM’s help
The Confederation of Real Estate Developers Associations of India (CREDAI) has put forward a plan to the Prime Minister to enable reforms in the real estate sector and help rejuvenate it. Home sales registrations continued to decline in the first half of 2012, although by only 3.4 per cent when compared to the same time [...] Continue Reading »

CREDAI called for reforms in realty sector

CREDAI called for reforms in realty sector
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »

BBMP to redevelop slums with builders’ association

BBMP to redevelop slums with builders’ association
After having received complaints regarding undue delays in getting khata, plan sanction, violation of zoning regulations and bureaucracy in the BBMP from the builders, the Bruhat Bangalore Mahanagara Palike (BBMP)has offered builders under CREDAI (Confederation of Real Estate Developers’ Association- Karnataka), to work with the municipal agency towards a “slum-free city”. The invitation is laid [...] Continue Reading »

BBMP plans to take up more housing projects for EWS

BBMP plans to take up more housing projects for EWS
The commissioner of Bruhat Bangalore Mahanagara Palike (BBMP), MK Shankarlinge Gowda, announced on Tuesday, that the authority is looking for more partnerships with realty developers in building houses for economically weaker sections (EWS) in the city. During the interaction of BBMP with Confederation of Real Estate Developers’ Association of India (CREDAI), Adarsh Developers M.D, BM [...] Continue Reading »

Property prices not affected by low demand

Property prices not affected by low demand
Despite low demand for real estate projects in Kochi, realtors deny to reduce prices hoping that the sector will soon recover from the current situation. The average price of double bedroom flats in the city varies from Rs 35 lakh to Rs 45 lakh. Realtors say that majority of the apartment projects in Kochi were [...] Continue Reading »

Buyers demand transparency from realtors, authority

Buyers demand transparency from realtors, authority
Buyers staged a protest in Greater Noida for lack of transparency in the system as developers were booking houses and plots without getting layout plans approved by Yamuna Expressway Authority. They demanded that the Authority has to upload the status of developers and their projects in their area on their official website. On Wednesday, buyers [...] Continue Reading »

Workshop by Embarq India on concerns of SEZs

Workshop by Embarq India on concerns of SEZs
A workshop was organised by Embarq India, a not-for-profit enterprise of the World Resources Institute (WRI), in which town planners, architects, mobility experts as well as developers discussed the concerns with regard to sustainable mobility and infrastructure within special residential zones (SRZs) that are coming up in the city outskirts. According to the Confederation of [...] Continue Reading »

New flat buyers to pay 15 per cent extra

New flat buyers to pay 15 per cent extra
The approval of the Greater Noida master plan by the statutory body of NCR Planning Board is all set to push the real estate prices in the region amid indications from developers that they would go for a price revision once the draft gets approved by the board. New buyers may have to end up [...] Continue Reading »

Real estate regulations should be reformed: CREDAI

Real estate regulations should be reformed: CREDAI
The Confederation of Real Estate Developer’s Associations of India (CREDAI) has called for unleashing of immediate reforms governing the realty sector to put an end to the license raj and stop the illegal transactions in realty deals. According to a CREDAI personal, the system itself is responsible to convert the real estate business as full [...] Continue Reading »



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