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CREDAI

CREDAI wants Prime Minister’s intervention to reform regulatory bill

CREDAI wants Prime Minister’s intervention to reform regulatory bill
The Confederation of Real Estate Developers Association of India (CREDAI) appealed to the Prime Minister to intervene in the real estate regulatory bill, so that the regulation will be able to prevent the inflow of black money into the realty sector. According to the president of CREDAI, 20 years back Manmohan Singh, as the Finance [...] Continue Reading »

CREDAI opposes any black money transactions in real estate

CREDAI opposes any black money transactions in real estate
The Confederation of Real Estate Developers Association of India (CREDAI) has decided to prevent any black money transaction in Indian real estate sector. Many people believe that real estate is the best sector where they can invest their ill-acquired money. According to CREDAI, builders are encouraging the black money in real estate to increase the [...] Continue Reading »

CREDAI wants reforms in real estate regulations

CREDAI wants reforms in real estate regulations
The Confederation of Real Estate Developers’ Association of India (CREDAI) said that there is a need for comprehensive reforms to check black money and corruption in the realty sector. CREDAI has been advocating for single window system for project clearances to cut down time and chance for corruption. CREDAI has recommended reforms in four key [...] Continue Reading »

Ahmedabad pattern of town planning appreciated by builders association

Ahmedabad pattern of town planning appreciated by builders association
The Confederation of Real Estate Developers’ Association of India (CREDAI) has appreciated the Ahmedabad pattern of town planning for well-planned urban development. The builders association also proposed the Maharashtra government to implement the same pattern adopted by the Ahmedabad town planning authority. A proposal on the issue has already been sent to the President of [...] Continue Reading »

Builders association is planning for a strike in October

Builders association is planning for a strike in October
The Confederation of Real Estate Developers’ Association of India (CREDAI) has announced that the builders associations in India may go on a strike in October. The builders association in India wants the Government to resolve issues related to delay in sanctioning of projects in India, and to control the ever increasing price of cement and [...] Continue Reading »

Battle between CREDAI and builders on code of conduct

Battle between CREDAI and builders on code of conduct
When several real estate developers in India have refused to abide by the code of conduct lay down by CREDAI, the builders association has expelled those developers, while some have resigned discontinuing their involvement with the organization. The builders have refused to sign the association’s code of conduct as they are not convinced by the [...] Continue Reading »

Realty expo in Mysore from May 18

Realty expo in Mysore from May 18
MYREALTY-2012, ‘The Great Property Show‘ at Maharaja Grounds in Mysore will start from May 18. The realty expo will be conducted by Builders’ Association of India (BAI), in association with Confederation of Real Estate Developers’ Associations of India (CREDAI, Mysore center). The organizers are aiming to bring buyers, sellers and financiers on the same platform [...] Continue Reading »

3 members are expelled from builders body in Chennai

3 members are expelled from builders body in Chennai
Three real estate builders DLF, Hirco and Hiranandani, have been removed from the builder’s body, the Confederation of Real Estate Developers’ Association of India (CREDAI) in Chennai. The builders were expelled as they were opposing to sign the organization’s ethical code of conduct, mandatory for all the 8,600 members spread across 105 cities in 22 [...] Continue Reading »

Mangalore Property show on May 19 and 20

Mangalore Property show on May 19 and 20
A property show will be conducted in Mangalore by Manipal Ace Event Management Company on May 19 and 20. ‘Mangalore Realty and Buildcon Expo will showcase all the available and coming up real estate projects in Mangalore.  Builders, promoters, banks and housing finance companies will participate in the realty expo. The organizers have planned to [...] Continue Reading »

No Sign of Reduction in Mumbai Property Price

No Sign of Reduction in Mumbai Property Price
The developers associations in Mumbai are not expecting any price cut for the properties in Mumbai. Due to the slow approval process, high input cost and the higher lending rate of funds, it is not possible for the developers to reduce the cost of properties in Mumbai. The association of builders (CREDAI and MHCI) are [...] Continue Reading »



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