Lalit Kumar Jain
CREDAI says that interest rates have increased and the hoped rates would come down in near future which motivates the economic growth as well as housing demand. Mr. Lalit Kumar Jain, Chairman of Confederation of Real Estate Developers’ Associations of India (CREDAI), says that this is positive step as it indicates that interest rates will [...] Continue Reading »
Maharashtra government’s decision to extend the cut-off date by five years to January 1, 2000, from the earlier January 1, 1995, may help speed up execution of slum re-development projects but the real estate developers are not completely satisfied and want more. CREDAI chairman, Mr. Lalit Kumar Jain says, “To some extent, this scheme will [...] Continue Reading »
Confederation of Real Estate Developers’ Association of India (CREDAI) has asked its members to clear the inventory of unsold housing stock by reducing the prices. The Finance Minister P Chidambaram has given few suggestions in order to clear the unsold stock which was accepted by the developers too. The members across the country have been [...] Continue Reading »
CREDAI has criticised the proposed real-estate regulatory bill by saying it is anti-people, which is expected to be tabled this winter season. The bill seeks to determine some sort of regulatory authority for the real estate sector. The Confederation of Real Estate Developers Associations of India (CREDAI) classified the Bill as anti-people and said the [...] Continue Reading »
The apex body for real estate developers, the Confederation of Real Estate Developers Associations of India (CREDAI) has said that in order to reduce corruption, the proposed realty regulator should try and minimise the human interface in the process of grating the clearance and registration. Once the regulatory bill comes into force, there should only [...] Continue Reading »
Lalit Kumar Jain, president of the Confederation of Real Estate Developers’ Association of India (CREDAI) has stated that corruption is the biggest trouble glaring the real estate sector. At the opening address of 12th NATCON, the Credai president remarked that that the humiliating approval process and corruption is to blame for the problems of developers [...] Continue Reading »
National President of the Confederation of Real Estate Developers Association of India (CREDAI) – Lalit Kumar Jain has asserted that reforms are necessary to boost the struggling realty sector. He says that there is a shortage of 31 million houses in India of which 26 million are in the economically weak and low income group [...] Continue Reading »
