CREDAI
The year 2011 was a major failure for the Indian real estate sector. Now that 2011 is almost coming to an end, the real estate experts and developers are worried about realty role play in the upcoming year. According to the realty experts, the major drop back for failure this year is; lack of confidence [...] Continue Reading »
Confederation of Real Estate Developers’ Associations of India (CREDAI) in Pune is moving fast ahead to implement a regulatory regime. This regime will converge all the procedures related to real estate domain. The real estate procedures have to be assembled for proper functioning of the sector. From now onwards, all the operations which are dealt in [...] Continue Reading »
Where is Hyderabad in investors’ list? It seems like the builder-friendly policy’s efforts are too less in attracting the investors in real estate sector. Political turmoil! Yes, this has been blocking the way of the policy. The unlimited Floor Space Index (FSI) in Hyderabad is definitely coined as the best in the country. However, keeping [...] Continue Reading »
New flat buyers be ready to shell out more and more money in Noida. This is not a purposeful hike the developers have opted for! Developers in Noida city had to make around Rs 3,000 crore payment for the notices that the Uttar Pradesh government had issued to land allottees. Failing badly to pay this amount [...] Continue Reading »
Mangalore sounds to be interesting midst property buyers from whole of India constantly complaining about getting pressurized from high interest costs and inflation. Meanwhile, Mangalore is thankful to its domestic and NRI property buyers. Mangalore’s first skyscraper is selling of flats for the rate of Rs 800/square feet. CREDAI experts claim that there is a [...] Continue Reading »
Delhi developers claim real estate bill as ‘Public Amusement and Developer Harassment Bill’. Confederation of Real Estate Developers’ Association of India (CREDAI) voiced out saying, that even their committee members are not contended with the norms ensured in the real estate bill 2011. As the law is focused on real estate builders, Ministry of Housing and [...] Continue Reading »
The recent real estate regulation & development bill, 2011 drafted by the central government is now bearing fruits for the citizens of Pune. The bill has provisioned Pune Municipal Corporation to take action against developers and builders for incomplete work, for not providing no-objection certificate and occupancy certificate and also failing to provide basic amenities [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (CREDAI) have flavored in a sense of relief to the property buyers in Noida extension. CREDAI has decided to pause the interest on pending EMI payments to the property buyers who have already made 10 percent booking payments. High Court (HC) orders forced the developers to [...] Continue Reading »
Real estate developers in Bhubaneswar are far ahead planning for providing proper shape to the urbanization, henceforth they are demanding a separate role play with the initiative granted form the cities and town government authorities. Confederation of Real Estate Developers Association of India, (CREDAI) in Orissa has taken initiative of managing urban forestry, municipal services, [...] Continue Reading »
The home loan borrowers feel so that the Reserve Bank of India (RBI) never wants to relive its customers in calm, as RBI is ahead decided to increase the interest rate. This hit is sure to damper the Diwali festive mood of the year 2011. Paras Gundecha the president of the Maharashtra Chamber of Housing [...] Continue Reading »
