CREDAI
Alternative methods of providing a home to them need to be implemented in urban areas to provide housing to EWS (economically weaker section) and LIG (low income group) categories. Cushman & Wakefield and Credai conducted a study, Housing: The Game Changer, according to which, 62.45 million units need to be built to fill the demand [...] Continue Reading »
Greater Noida is leaving the Auto Expo visitors spellbound with its widened roads, the green Noida-Greater Noida Expressway and Yamuna Expressway which has seen throngs heading to the city for global meets like the Indian Grand Prix and the recently held Asian Development Bank (ADB) conclave. As a result, Greater Noida has emerged as a [...] Continue Reading »
The Union Cabinet’s nod to the Real Estate Regulatory Bill has made buyers feel happy and secure; on the flipside, some of its provisions have left the developers panicking. Views of MHUPA Ajay Maken, minister of housing & urban poverty alleviation, said that the bill provides for a uniform regulatory environment to protect consumer interests [...] Continue Reading »
Mumbai: On a move to step up real estate sales, Reserve Bank of India (RBI) has cut Repo Rate for the third time since January by 25 basis points. However, the lowering of the Repo rate by 0.25 percent may no sooner be beneficial to home loan seekers as it is too small to have [...] Continue Reading »
The Confederation of Real Estate Developers Associations of India (CREDAI) which represents the organised real estate developers and builders across the country is seeking a reduction of mandatory provision of reservation of housing units from 15 percent to 5 percent of the total built up area for economically weaker section (EWS) quota. The joint secretary [...] Continue Reading »
Shekhar Reddy has been appointed as the new national president of Confederation of Real Estate Developers Associations of India (CREDAI). It represents 9,000 developers through 128 chapters in 20 states across the country. The CREDAI, Andhra Pradesh Chapter, congratulated Shekhar Reddy on his appointment as national president. He believes that Telangana is a non-issue for [...] Continue Reading »
The real estate projects are facing shortage of both skilled and unskilled labour resulting in delay of launch of projects by up to one year. Moreover, it is involving additional cost from cash strapped property developers. Ideally, a real estate project have to get 50-60 clearances from various authorities. Thus, the project can take as [...] Continue Reading »
Vadodara- The property prices in the city is showing a downward trend from past few weeks. This major correction in real estate market of Vadodara has brought cheer to many middle class families who are planning to buy affordable flats. The prices of properties in Vadodara has reduced by 15 to 20 percent. Builders are offering [...] Continue Reading »
Confederation of Real Estate Developers Associations of India (CREDAI), which represents the organised real estate developers and builders across the country is planning to aim towards affordable housing, green buildings, water harvesting and skill development among construction workers. In this regard, the realtor body has asked the government to expedite the project approval process. CREDAI [...] Continue Reading »
Confederation of Real Estate Developers Associations of India (CREDAI), which represents the organised real estate developers and builders across the country is seeking withdrawal of the budget proposal to impose 1 % tax deduction at source (TDS) on any property deal other than agriculture land completely. CREDAI recently forwarded a representation to the finance minister. According to [...] Continue Reading »
