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Tag Archive | "CREDAI"

Budget 2010: No surprises

Saturday, March 6, 2010

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Tax relief and interest rate subsidy will accelerate the growth of affordable housing While the real estate sector has welcomed the i budget as “growth-oriented”, some realty experts have termed it a “mixed bag” which has its “positives and negatives.” HT Estates looks at how the budget proposals will i affect the common man and the developer. i [...]

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Time for a realty regulator?

Saturday, February 20, 2010

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End users have for long demanded a real estate regulator to safeguard their investment, saying that it is the single largest investment a person makes in his lifetime. But, many developers are against it, arguing that they may be targeted, and that the regulator would only add to red tape Are you a victim of [...]

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CREDAI Tamil Nadu comes up with Low Home Loan Offer

Friday, February 12, 2010

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The Tamil Nadu chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) on Thursday announced an interest subvention scheme for those purchasing properties from its 45 members. Addressing a media conference on ‘Fairpro 2010,’ the third in the series of annual property fair of CREDAI-Tamil Nadu, Chairman of Fairpro 2010 Sandeep Mehta [...]

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Gujarat Builders Eyeing Real Estate Property in Dubai

Saturday, January 9, 2010

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Around 100 Gujarat builders will bid for over 150 properties in Dubai at an auction to be held at the ballroom of the world’ tallest building, Burj Khalifa. A delegation of Confederation of Real Estate Developers of India (CREDAI), Gujarat chapter, is going to Dubai to attend the national convention of CREDAI on January 23. [...]

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Despite Crisis CREDAI to Hold its National Convention in Dubai

Wednesday, December 16, 2009

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Undeterred by the real estate crisis after Dubai World’s request to creditors for a standstill on repayment of its $60 billion debt until May, the Confederation of Real Estate Developers’ Associations of India (Credai) has stuck to its original plan to hold its national convention during January 23-25 in Dubai. Around 850 delegates comprising India’s [...]

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AP Govt Plans Affordable Housing for the State

Tuesday, November 10, 2009

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Even as the Centre is bringing out a Real Estate Regulation Bill to usher in transparency and affordable housing, the Andhra Pradesh government has devised a model `integrated townships plan to tide over the shortage of affordable housing in the state, state housing minister C Shilpa Mohan Reddy has said. Disclosing this at a one-day [...]

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What the developers feel about the draft model Real Estate Regulation bill

Saturday, October 3, 2009

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While developers welcome some of the proposals laid down in laid down in the draft Model Real Estate (Regulation of Development) Bill as being “well intentioned”, they are apprehensive of its ending up as yet another consumer protectionist act leading to delays and increase in transaction costs. Further, it is feared, with several states being [...]

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Builders divided over financial city project

Thursday, September 24, 2009

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The financial city project, announced by the state government, has stirred up a debate among city builders on whether a new township should be created or an existing IT buildings can be used for the purpose. While the state government has zeroed in on a 180-acre site near Sholinganallur for the proposed project, the Confederation [...]

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Credai to educate construction workers

Saturday, September 12, 2009

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Pune: In a bid to prevent H1N1 flu among construction workers, the Pune chapter of the Confederation of Real Estate Developers Association of India (Credai) has undertaken an awareness campaign, a press note said. J P Shroff, chairman, labour committee, Credai, said, “There are nearly 40,000 workers at various sites. We are fortunate not to have [...]

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Feel good factor coming back into real estate: CREDAI

Wednesday, August 12, 2009

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The “feel good factor” is coming back into the real estate sector with enquiries for both commercial and residential space slowly picking up, Karnataka Confederation of Real Estate and Developers’ Association (CREDAI) said. “The feel good is coming back”, Raj Menda, President, CREDAI-Karnataka told reporters while announcing a two-day realty Expo from August 15, showcasing 150 [...]

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CREDAI Demands Better Infrastructure from Kerala Govt

Thursday, July 2, 2009

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The Confederation of Real Estate Developers Association of India (CREDAI) has demanded the Kerala government to improve infrastructure facilities, mainly road connectivity, to enable them to set up budget apartments in rural areas in the state. “Lack of proper infrastructure facilities in the state is preventing the developers from taking up budget housing projects. The [...]

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CREDAI paper to Prez on slum prevention, affordable housing

Thursday, July 2, 2009

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Real estate body, CREDAI, focused strongly on slum eradication, slum prevention and providing affordable housing, during its meeting with President Pratibha Patil here. “During our meeting, CREDAI presented a paper to the President, giving its ideas on the three key issues,” Confederation of Real Estate Developers Association of India’s Vice-President, Dharmesh Jain, told PTI here today. Jain, [...]

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CRDAI Demands Tax Relief to Encourage Affordable Housing and Slum Development

Sunday, June 28, 2009

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With the countdown to the Union Budget having started, the real estate industry body, Confederation of Real Estate Developers’ Association of India (CREDAI), has put forth recommendations on the twin themes of affordable housing and slum redevelopment. According to a press release quoting its President, Santosh Kumar Rungta, President, says, “CREDAI appeals to the government [...]

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Corporates root for green buildings

Saturday, June 27, 2009

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Ahmedabad: Gujarat’s corporates are going green. The number of green buildings in the state has shown a 400 per cent rise as corporates and multinationals are preferring such eco-friendly projects. In 2008-09, there were about 12 new projects planned in Gujarat, said Samir Sinha, chairman, Indian Green Building Council’s (IGBC) Gujarat chapter. “The trend of energy-efficient green [...]

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Credai-Orissa submits slum development plan to BDA

Thursday, June 25, 2009

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The Orissa chapter of the Confederation of Real Estate Developers Association of India (Credai) is likely to make a proposal soon to the Bhubaneswar Development Authority (BDA) for development of the slum regions in and around the city. Credai-Orissa’s proposal on slum development is based on the development model adopted for the slums in Mumbai and [...]

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