Latest Realty News

Noida-based realtors demand for Environment Impact Assessment
Feb 22, 2014
DELHI: To meet the deadline of both residential and commercial projects and bring the prices down by at least 10 per cent, the Noida-based realtors have demanded for Environment Impact Assessment (EIA), a norm for provide auto environmental clearance to all types of real estate projects in India.
'RBI's hike in key interest rate to hit property market'
Jan 29, 2014
DELHI: The Reserve Bank's hiking the key policy rate today will hit property sales, particularly in the residential segment, real estate developers said while expressing disappointment at the move.
Single Window Clearance system to be priority in 2014
Dec 28, 2013
DELHI:The NCR Chapter of Confederation of Real Estate Developers Association of India or CREDAI-NCR has mooted a proposal to intensify its efforts for a single window clearance for projects. In a meeting to take stock of 2013, Anil Kumar Sharma, president, CREDAI-NCR & CMD, Amrapali Group and the members of the body were of the view that unnecessary and sometimes motivated delays in clearances of projects and subsequently in issuing the NOC for possession purposes are not only affecting the buye
Realty sector ‘disappointed’ on RBI’s status quo on rates
Aug 01, 2013
DELHI: Realtors’ apex body CREDAI on July 31 expressed disappointment over RBI’s decision to keep the key policy rates unchanged, saying that the industry was expecting relief from the apex bank to beat slowdown in property demand.
RBI keeps rates unchanged, developers disappointed
Jul 31, 2013
MUMBAI: The RBI’s decision to keep the key rates unchanged is letting the entire industry, in general, and housing industry, in particular, down considering the slowdown in the economy and the low investor sentiment in the real estate market. The repo rate or the rate at which RBI lends to the system, has been retained at 7.25 per cent and the cash reserve ratio, the amount of deposits banks park with RBI, has been kept unchanged at 4 per cent. Industry experts and developers expressed disappoin
Realty sector 'disappointed' on RBI's status quo on rates
Jul 30, 2013
DELHI: Realtors' apex body CREDAI today expressed disappointment over RBI's decision to keep the key policy rates unchanged, saying that the industry was expecting relief from the apex bank to beat slowdown in property demand.
CREDAI-NCR lauds the decision to expand NCR region
Jul 03, 2013
DELHI: The NCR chapter of Confederation of Real Estate Developers Association of India (CREDAI-NCR) has welcomed the decision of the Ministry of Urban Development, Government of India to add Bhiwani, Mahendragarh and Bharatpur in NCR region and applauded the role of Delhi Government in supporting this futuristic move.

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