CREDAI
The Kerala government has come up with the decision to start an academy for the real estate construction workers. The academy is to be named as “Kerala Construction Academy” which is looking forward in providing education for the unskilled laborers who are working in the construction and real estate sector. Confederation of Real Estate Developers’ [...] Continue Reading »
Reserve Bank of India (RBI) declared a key rate increase of a 25-basis points and the cost of housing is expected to be raising resulting in the developers to pay more interest on the borrowed money from the financial institutions. Pradeep Jain the chairman of Confederation of Real Estate Developers’ Association of India (CREDAI) reported saying that [...] Continue Reading »
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 »
New land acquisition law has been cleared by Union Cabinet on Monday.The bill, which seeks to replace colonial era legislation and hopes to draw a line under a hugely sensitive issue, offers generous compensation for land owners in the form of subsistence allowances, annuity payments, employment and a share in any future appreciation of the [...] Continue Reading »
Confederation of Real Estate Developers Association of India (CREDAI) opposed the Real Estate Regulation Bill 2011 to form a regulatory body stating that it would become a “breeding ground for corruption” if implemented. The Centre proposed the regulatory body to protect home buyers from fly-by-night developers. CREDAI further questioned the formation of any regulatory body [...] Continue Reading »
Pune market has always caught the attention of national as well as international property buyers and investors. E-profest is acting as powerful medium to showcase the city’s property and cater to all interested buyers. Confederation of Real Estate Developers Association of India (CREDAI) started a virtual realty fair, e profest which saw a good response [...] Continue Reading »
Builders in Noida Extension have assured existing buyers that they do not have to incur any additional expenditure due to the ongoing land row. The builders say that new home buyers may have to shell out more than the current prices to cover the losses incurred by them if additional compensation is paid to villagers. [...] Continue Reading »
The National Association of Realtors – India (NAR-India) at present has close to 13,000 members spread across 20 states. In AP, about 69 brokering firms are part of this body, which aims to grow on the lines of the 100-year-old national association of realtors, based in the US. Brokers and builders are two key stakeholders [...] Continue Reading »
Addressing a press conference at Noida, representatives of the Confederation of Real Estate Developers’ Association of India (CREDAI), Western Uttar Pradesh Chapter, said that all those who had booked houses in the affected projects would get back their money, including the cost incurred as home loan interest, if they so desired. The builders and developers [...] Continue Reading »
Builders are estimated to have launched a minimum 50,000 housing units in Noida Extension, which is part of Greater Noida, but buyers are keeping safe distance in the face of the Supreme Court judgement annulling 156 hectares of land acquired for building about 6,000 of these houses. Sale of housing units have virtually come to [...] Continue Reading »
