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CREDAI

CREDAI chief is all praise for the government’s pro-real estate measures

CREDAI chief is all praise for the government’s pro-real estate measures
The real estate industry body CREDAI (The Confederation of Real Estate Developers’ Association of India) has explained about a few things which will bring cheer to the ailing sector. According to CREDAI, the string of measures announced for the real estate sector in the recent times will give a boost to the industry and will [...] Continue Reading »

Hiring in the Real Estate Sector increases during the upcoming festive season

Hiring in the Real Estate Sector increases during the upcoming festive season
The real estate professionals are in great demand as the top management is working on a hiring plan ahead of the festivals. We can witness a similar scene at the Bangalore office of the real estate company Brigade Group. After the Narendra Modi-led BJP swept to power in Delhi and the business sentiment improved, this [...] Continue Reading »

CREDAI T.N division to finalise the SOPs for building norms soon

CREDAI T.N division to finalise the SOPs for building norms soon
The Confederation of Real Estate Developers’ Association of India (CREDAI), Tamil Nadu is working on the development of standard operating procedures (SOPs). These SOPs will be circulated among all its members to be adhered to in their construction work. This information was provided by Rajesh B Lund the President of CREDAI, Coimbatore. There was a [...] Continue Reading »

The government should think about correcting their mistake

The government should think about correcting their mistake
The government in its effort to gain foreign investors has announced in its 2014-15 Budget two important measures to increase the flow of foreign funds in real estate and reductions in the minimum size of projects from 50,000 square metres to 20,000 square metres, and the investment amount in a project from US$ 10 million [...] Continue Reading »

Unscrupulous builders to face the wrath of the government soon

Unscrupulous builders to face the wrath of the government soon
The Government is keen on introducing the Real Estate Development Regulatory Bill in the winter session of the Parliament. This bill is expected to bring some relief to the home buyers who are taken for a ride by the real estate developers. The Government is set to crack the whip on unscrupulous builders who put [...] Continue Reading »

Realty scene to improve in India

Realty scene to improve in India
The Confederation of Real Estate Developers’ Associations of India (Credai) has decided to work towards the theme ‘Home For All by 2022’. The meeting of the body that was held during August 6-8 laid special thrust on the mission of pucca housing for all by 2022. C Shekar Reddy, National President, Credai, in a statement [...] Continue Reading »

Credai’s Aurangabad unit requests reduction in ready reckoner rates

Credai’s Aurangabad unit requests reduction in ready reckoner rates
The Aurangabad unit of the Confederation of Real Estate Developers’ Association of India (Credai) has submitted a memorandum to the collector for stamp duty and valuation by demanding a reduction in the ready reckoner rates that has been announced by the state government on the 1st of January this year. The government had increased the [...] Continue Reading »

The AP chapter of CREDAI formed after the bifurcation of the state

The AP chapter of CREDAI formed after the bifurcation of the state
After the bifurcation of the state of Andhra Pradesh, everything was divided, or there are bodies which are newly formed for the new state. The newly-formed AP chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged its members to adhere to the National Building Code. They have also urged to [...] Continue Reading »

Real Estate Sector sends a pre-budget wish list to the F.M

Real Estate Sector sends a pre-budget wish list to the F.M
Getamber Anand the president (elect) of CREDAI and the CMD of ATS group stated that CREDAI (The confederation of Real Estate Developers’ Association of India) has sent a proposal to finance and urban development ministries to fulfil the long lasting demands of the real estate sector. Due to poor policies and economic downturn globally, the [...] Continue Reading »

Tiff between the real estate players and cement manufactures: Immature as per the industry experts

Tiff between the real estate players and cement manufactures: Immature as per the industry experts
The real estate developers of South India have decided to teach a lesson to the cement manufacturers for their alleged price hike by not buying cement for one week. However the industry experts are looking at this recent spat between the builders from south India and local cement manufacturers on the hike in cement prices [...] Continue Reading »



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