CREDAI
The real estate is the second largest employment generating sector in India. The builders associations are demanding for a special status on a par with industry for this sector. NAREDCO (National Real Estate Development Council) and CREDAI (Confederation of Real Estate Developers’ Association of India) made several representations to the Union government demanding special status [...] Continue Reading »
The builders association has planned to go for a one day strike to protest against the governmental decision on real estate sector. Adding to the protest activity, the builders association also decided not to publish any full page advertisement in newspaper across the country. The builders association also asked the raw material distributors to hold [...] Continue Reading »
The members of Maharashtra Chamber of Housing Industry (MCHI) and Confederation of Real Estate Developers’ Association of India (Credai), have decided to go on a token strike and on May 3. This decision is taken to protest the lack of continuity in policies and inordinate delays in getting clearances for various projects. According to the [...] Continue Reading »
The real estate developer community has welcomed the Reserve Bank of India’s decision on reduction on repo rates. The builders association has expressed their concern that the decision will benefit both the real estate buyers and the developers. The CREDAI president said that the commercial banks should cut rates of interest so that home loans [...] Continue Reading »
According to industry estimates, at least one third of residential projects in India is facing execution delays. And builders are unlikely to hand over the keys in a hurry to the house that buyers may have already paid for. To counter the situation the real estate industry has come up with a code of conduct [...] Continue Reading »
The delay in approvals for construction projects has annoyed the builders across India so much that they have decided to stage a protest. The president of confederation of real estate developers association of India (CREDAI) say that a day long strike has been planned if the demands are not met. Also, it has been observed [...] Continue Reading »
Due to various issues from administration and delays, Confederation of Real Estate Developers’ Association of India (Credai) has decided to send a SOS to the Prime Minister. Real estate sector contributes around 7% of the revenue which comes upto Rs140,000 crore but still the people associated in the sector are facing problems and their appeals [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has decided to seek details of various approved projects and the amount of revenue earned by the state government. By this way the builders association want to show the government how much loss they are incurring due to different clearance policies. According to the builders [...] Continue Reading »
The Confederation of Real Estate Developers’ Association of India (CREDAI), Nashik has elected Kiran Chavan as the president. The priority of CREDAI, Nasik will be to encourage the builders of the region to construct the Green apartments in Nashik. They also concentrate on the beautification and planned construction of the city. CREDAI will also take [...] Continue Reading »
In the two days conference at Pune the Confederation of Real Estate Developers’ Association of India (CREDAI) has planned to send an application to the union government. CREDAI also decided to go for a all India strike to let others know about the concerns facing by the realty sector. The association wants to follow the [...] Continue Reading »
