Latest Realty News

Pocket-friendly homes for all
Apr 10, 2013
BHUBANESWAR: The state government is all set to create 5,000 affordable housing units in the city soon by involving private developers, housing and urban development (H&UD) secretary Injeti Srinivas said here on Tuesday.
Affordable housing on top of Credai agenda
Apr 09, 2013
The Confederation of Real Estate Developers Associations Of India (Credai), an apex body of real estate developers with over 10,000 members across 20 State, plans to focus on affordable housing, green buildings, water harvesting and skill development programer among construction workers.
Realty players seek more cuts in RBI rate to boost sector
Mar 20, 2013
NEW DELHI: Real estate players and analysts on Tuesday welcomed the Reserve Bank's move to cut short-term lending rates, but said that more such steps are needed to bring growth back to the sector.
MCHI-CREDAI slams new property tax, support hunger strike by consumers
Mar 14, 2013
MUMBAI: Strongly opposing the new property tax structure proposed by Brihanmumbai Municipal Corporation ( BMC), realty estate developers body MCHI-CREDAI has extended support to the consumer agitation against the new slabs.
Land pooling to replace takeover, give impetus to housing in city
Mar 06, 2013
A new land policy, which is expected to boost development of city by involving private players, was tabled in a Delhi Development Authority (DDA) meeting on Tuesday.
'High-end realty devpt will drive growth of golf'
Mar 05, 2013
PUNE: Development of high-end real estate projects and resort style residential complexes have the potential to drive the growth of the sport of golf in India, participants in the second India Golf Expo said on Thursday.
Budget 2013 proposals disappoint real estate developers
Mar 05, 2013
Finance minister P Chidambaram announced a number of sops for low-income homebuyers in the Union Budget for 2013-14.
Budget sees mixed reaction from industry and business groups in Orissa
Mar 01, 2013
Bhubaneswar, Feb 28: Several industry and business organisations in the State Thursday showed mixed reaction to the Annual Budget 2013-14 presented by Finance Minister P Chidambaram, Thursday. While measures in the sectors of agriculture, rural development, education, health care and women empowerment were highly commended, little offerings to small and medium scale enterprises (SMSE) and failure of Government in controlling deficit financing were criticised.
Credai holds training programme for members
Feb 25, 2013
PUNE: More than 450 real estate developers participated in a two-day training programme which the Confederation of Real Estate Developers Associations of India (Credai), Maharashtra organized at Lavasa on Friday and Saturday. Members expressed their anxiety over negative policies of the government which delay completion of residential projects and add to the cost of homes.
Realty expo to showcase dream homes in the city
Feb 05, 2013
MANGALORE: Manipal Ace, a subsidiary of Manipal Media Network, is all set to host HDFC-Mangalore Realty Expo 2013.
Rate cut expected to soften home loan rates, improve dipping home sales
Jan 29, 2013
NEW DELHI: Home buyers could be in for a cheer this spring as home loan rates are expected to soften after the Reserve Bank of India reduced its key policy rates.
PCMC wants all new buildings to be eco-friendly
Jan 24, 2013
PUNE: The PimpriChinchwad Municipal Corporation (PCMC) wants all new buildings that come up in the township in the next three-four years to be eco-friendly structures.
Developers agree to differ on realty regulation bill
Jan 23, 2013
BHUBANESWAR: Real estate developers in Odisha expressed diverse opinions about the bill to regulate realty, likely to come up during the forthcoming Parliament session. While all sections agree there should be a Real Estate Regulatory Authority (RERA) as proposed, they differ on various clauses and liability provisions in the bill.
Credai expo may clinch deals worth Rs 200 cr
Jan 22, 2013
Bhubaneswar: The three day property expo by the Confederation of Real Estate Developers Association of India ( Credai) -Odisha chapter might generate property deals worth Rs 200 crores.
Civic chief backs single window system
Jan 22, 2013
Bhubaneswar: Municipal Commissioner Sanjib Mishra welcomed the single window proposal for clearance of approvals required for constructing a building at the technical session organised by the Confederation of Real Estate Developers Association of India (Credai), Odisha chapter.
‘Affordable housing for middle class soon’
Jan 20, 2013
Bhubaneswar: Minister for Revenue and Disaster Management Surya Narayan Patro Saturday said that the State Government is drafting an Act which will provide affordable housing to the middle class population of the State.
Credai Odisha is going to organize a Property Expo from 19th Jan 2013
Jan 12, 2013
Bhubaneswar: January 12, 2013: The Confederation of Real Estate Developers Association Of India [CREDAI], Odisha Chapter is going to organize a property show from 19th Jan to 21st Jan 2013 at Hotel Swosti Premium, Jaydev Vihar, Bhubaneswar.
Real estate citadel crumbles under fraud weight
Jan 08, 2013
BHUBANESWAR: After the arrest of businessman Tirupati Panigrahi and two of his associates for the alleged real estate fraud, realtors are worried that frequent incidents of cheating by a section of players are pushing the housing market into uncertainty.
Credai Nashik Realty Exhibition begins from today
Dec 20, 2012
NASHIK: A four-day real estate expo called 'Shelter: 2012', organised by the Confederation of Real Estate Developers' Association of India (CREDAI), Nashik, will begin from Thursday.
With approval of Land Acquisition Bill, housing prices will escalate further
Dec 15, 2012
NEW DELHI: Land prices will escalate leading to rise in housing price if the Land Acquisition Bill is passed by Parliament, real estate developers and property consultants have said.
Credai asks realtors to sell unsold stock at discounted prices
Dec 03, 2012
MUMBAI: Leading realtors' body Confederation of Real Estate Developers' Association of India (CREDAI) has asked its members to seriously consider selling off maximum inventories by reducing prices.
CREDAI hails AP plan for online approvals
Nov 16, 2012
Developers’ apex body CREDAI (Confederation of Real Estate Developers' Association of India) has welcomed the realty reforms initiatives like online approval of building plans and single window system launched by the Andhra Pradesh government.
Realty sector suffers slump
Nov 16, 2012
SURAT: Realty sector in the city that had been growing at an average of 10-14 per cent for the past five years has suddenly shown a reverse trend. The decrease in terms of new projects has been as steep as 40 per cent during Navratri and Diwali months. Surat Municipal Corporation (SMC) on an average has sanctioned around 353 projects every year since 2007.
Credai opposes government plan to allocate 35% housing for poor
Nov 08, 2012
NEW DELHI: CREDAI, the apex realtors' body, today strongly opposed the government's proposal for reserving 35 per cent of the housing units for poor, saying this would result in rise in prices for the middle-class people.
Visakhapatnam gives realty a booster shot
Nov 05, 2012
VISAKHAPATNAM: The ailing real estate story of Andhra Pradesh is finally on its way to recovery. And giving it the much-needed 'booster shots' is the port city of Visakhapatnam that's selling an astounding 2,000 homes every month.

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