Latest Realty News

Is affordable housing in Mumbai a distant dream?
Jul 25, 2013
MUMBAI: Developing affordable housing in Mumbai is crucial to ensure that the low-income group is not compelled to live in illegal buildings, thereby, curbing tragedies related to collapsing buildings. There are a lot of economic, regulatory and urban issues which need to be looked into for ensuring that there is enough affordable housing inventory to meet the demand. While the unavailability of urban land, rising costs of construction and regulatory issues are the supply-side constraints, lack
Proper land allotment policy is a must for realty
Jul 23, 2013
BHUBANESWAR: The real estate sector in Orissa is passing through a sluggish phase, as demand is less, and so is money circulation. Besides, real estate's association with shady chit fund companies has resulted in a trust­-deficit among customers. D S Tripathy, national joint secretary of the confederation of real estate developers' association of India (CREDAI), shares his thoughts about the present problems, the possi­bilities, and challenges ahead. As told to Raghunath Panigrahi.
Real estate regulatory bill must cover all stakeholders: CREDAI
Jul 18, 2013
DELHI: Terming real estate regulatory bill as a populist measure, realtors' body CREDAI today said the proposed law should govern all stakeholders of the industry and not only the developers.
Credai meet in Moscow from July 27
Jul 11, 2013
HYDERABAD: The Confederation of Real Estate Developers’ Associations of India, the apex body representing private Real Estate developers in the country, will host the 13th Natcon 2013 meeting at The Ritz Carlton, Moscow on July 27-28.
Real estate developers’ property expo in Bangalore on July 6, 7
Jul 06, 2013
BANGALORE: The Confederation of Real Estate Developers’ Association of India-Bangalore will hold its ‘CREDAI Property Expo 2013’ on July 6 and 7 at Lalit Ashok, Bangalore.
Credai objects to blaming builders for accidents
Jul 05, 2013
PUNE: While welcoming the Pune Municipal Corporation’s (PMC) announcement that city builders will have to register themselves, the Pune Chapter of the Confederation of Real Estate Developer’s Associations of India (Credai) has questioned the civic body’s authority to affix responsibility on developers in the case of accidents, like building collapse.
Credai injecting a booster shot to plantation drive
Jul 04, 2013
BHUBANESWAR: CONFEDERATION of Real Estate Developers' Association of India (CREDAI), State chapter in association with Bhubaneswar Municipal Corporation (BMC) today started a plantation drive called, 'Green makes the difference', on the occasion of 'Bana Mahotsav.
Adding more districts in NCR to increase land supply: CREDAI
Jul 03, 2013
DELHI: Hailing the inclusion of three more districts in the National Capital Region, realtors' apex body CREDAI today said the move will lead to additional supply of land for development
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.
Green Lessons for Architects in City
Jul 02, 2013
BHUBANESWAR: More than 300 architects and engineers converged for two-day training programme organized by Bhubaneswar Development Authority (BDA) in Collaboration with the Confederation On Indian Industry (CII), Odisha State Council, on planning and designing of green building.
Workshop on Green Buildings from today
Jul 01, 2013
BHUBANESWAR: India is geared up to face new challenges of doubling the urban land footprint and urban population. The challenge now is to build the future urban India, which is ecologically and economically sustainable by implementing Green Building.
CREDAI bats for realty reforms with Girija Vyas
Jun 24, 2013
DELHI: Praising the Union Government’s efforts towards real estate reforms, realtors’ apex body Chairman Lalit Jain expressed the hope that the new Housing and Urban Poverty Alleviation Minister Ms. Girija Vyas will continue with the unfinished task of her predecessor Mr Ajay Maken.
CREDAI bats for realty reforms with Girija Vyas
Jun 21, 2013
DELHI: Praising the Union Government’s efforts towards real estate reforms, realtors’ apex body Chairman Lalit Jain expressed the hope that the new Housing and Urban Poverty Alleviation Minister Ms. Girija Vyas will continue with the unfinished task of her predecessor Mr Ajay Maken.
Credai hopes efforts on reforms will continue
Jun 21, 2013
MUMBAI: The Confederation of Real Estate Developers’ Association of India is hopeful that the new Union Housing Minister, Girija Vyas, will continue the unfinished task of her predecessor on reforms.
CREDAI slams RBI, says rate cut status quo will hit India GDP growth, employment generation
Jun 19, 2013
DELHI: Realtors' body CREDAI today criticised the RBI's decision not to cut rates and keep key policy rates unchanged, saying the status quo in credit policy would affect the country's GDP growth and employment generation.
RBI policy will hurt buyer’s sentiment: MCHI-CREDAI
Jun 18, 2013
MUMBAI: The RBI’s decision to keep the Repo and CRR rates unchanged is letting the entire industries in general and housing industry in particular, down considering the slowdown in the economy.
Realty Bill will make homes costlier, says Credai chief
Jun 18, 2013
MUMBAI: The proposed Real Estate Regulatory Bill is “welcome”, but it may make homes more expensive. Mandatory registration of property before advertising is likely to impact smaller players, says C. Shekar Reddy, National President, Confederation of Real Estate Developers Association of India (CREDAI). But pushing for amendments to the Bill is not his only issue. Staving off taxes charged on deemed profits (the differential amount that arises when the registration value of a property is higher
Credai to back ‘Clean Kerala’ initiative
Jun 16, 2013
KOCHI: Credai-Kochi has expressed willingness to support the Clean Kerala Company Ltd, a State government initiative for an integrated waste management system.
Credai to treat medical waste
Jun 12, 2013
KOCHI: With biomedical waste treatment becoming a major issue in city apartments, the Kochi-chapter of the Confederation of Real Estate Developers' Association of India (Credai) has decided to launch a project to address the issue under the Clean City Movement.
State Credai welcomes bill on real estate
Jun 08, 2013
RAIPUR: Chhattisgarh unit of the Confederation of Real Estate Developers Association of India (Credai) has welcomed the Real Estate Regulatory Bill but said that some of its provisions need to be either amended or removed to protect the interests of both consumers and developers.
Realty regulatory bill should cover all stakeholders: CREDAI
Jun 07, 2013
DELHI: The bill to regulate real estate sector should cover the authorities responsible for giving approvals for projects, besides developers community, realtors' body CREDAI said today.
CREDAI for maintaining equilibrium between public and realtor
Jun 06, 2013
CHENNAI: Proposed Real Estate Regulatory Bill should maintain "equilibrium" between the realtor and the public besides regulating the entire industry, industry body CREDAI said today.
Real Estate Regulatory Bill may become breeding ground of corruption, says CREDAI chairman
Jun 06, 2013
MUMBAI: Stating that the Real Estate Regulatory Bill approved by the Union Cabinet seeks to whip only errant developers, realtors apex body CREDAI Chairman Mr. Lalit Kumar Jain has expressed fear that it could encourage corruption instead of curtailing the social menace.
Property prices stagnant in Indore
May 30, 2013
Prices of residential properties in Indore continue to be stagnant compared to price of residential properties in Bhopal. It is despite the fact that both in the state are among 20 cities of the country, which have witnessed the maximum price hike in residential properties during January-March 2013 over the previous quarter, as per a study by the NHB (National Housing Bank) Residex.
MCHI-CREDAI to focus on generation next developers
May 30, 2013
In a bid to strengthen its presence in Mumbai Metropolitan Region (MMR), developers body MCHI-CREDAI has decided to set up its Youth Wing and increasingly involve the generation next.

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