Latest Realty News

Credai Odisha initiate awareness program amongst construction workers to avail due benefits .
Aug 16, 2012
Credai has started initiative of creating awareness amongst construction workers to get registered with Labour department to avail various benefits from government schemes .As per the provision labour cess collected@1% from all constructions works under going in the State and deposited in the Orissa Building and other Construction Workers Welfare Fund. This fund should Utilize in extending di
Credai opposes VAT on flats sold in 2006-’10
Aug 14, 2012
The Confederation of Real Estate Developers’ Association of India (Credai), Pune Metro, has opposed state government’s order asking them to pay value added tax (VAT) on flats that they sold between June 2006 and March 2010. The real-estate body has asked for extending the deadline of August 31 to pay the retrospective tax. Credai director-general D K Abhyankar said that after April 1, 2010 th
Cuttack housing set for a big leap
Aug 07, 2012
BHUBANESWAR: The comprehensive development plan (CDP) for Cuttack development plan area (CDPA) was finally notified on Sunday. The plan envisages around two-and-a-half times increase in land used for residential purpose from 9.92 per cent at present to 23 per cent by 2030. The CDP suggested creation of 12,000 houses for economically weaker sections (EWS) category to rehabilitate the existing s
Credai NCR Would Help Habitat For Humanity India !
Aug 07, 2012
Realtors' body CREDAI has said it will fund construction of houses for families of about 30 differently abled persons in the Delhi NCR (national capital region). As part of its CSR (corporate social responsibility), CREDAI NCR would help Habitat for Humanity India (HFHI) and Madok Foundation in developing these houses at Mundka & Bahadurgarh area. CREDAI-NCR said in a statement, "The pro
Builders not to use potable water for construction
Jul 25, 2012
PUNE: Waking up to the need to save the precious drinking water in the city facing a scarcity-like situation, members of the Confederation of Real Estate Developers Associations of India (Credai), Pune Metro, have taken a collective decision not to use drinking water at construction sites. Satish Magar, president, Credai, Pune Metro, has issued a circular to its members informing them about th
Migrants build city homes
Jul 24, 2012
BHUBANESWAR: People from neighbouring states dominate city realty market's workforce even as workers from Odisha continue to migrate to outside the state in search of work. While masons from Jharkhand and Bihar rule the state capital's construction works, carpenters are mainly from West Bengal. Those from Andhra Pradesh have a substantial presence in all categories while plumbing work is the f
CREDAI seeks reform in real estate sector
Jul 19, 2012
CREDAI, the apex body for real estate developers, today called for comprehensive reforms in areas related to land administration, banking and taxation to boost the sector and help end the shortage of 26 million of houses in the country. After its governing council meet, the Confederation of Real Estate Developers Association (CREDAI) unveiled 10-point agenda to revive the realty sector, wh
Policy paralysis hit realty sector in big way: CREDAI
Jul 18, 2012
NEW DELHI: Realtor's body CREDAI today said the government's policy paralysis has severely impacted the real estate sector which is facing stagnation in growth. "The economy is in a bad shape and there is an all round despair. We have been witnessing a widespread criticism -- in India and abroad -- and policy paralysis has impacted the real estate industry in a big way," CREDAI National Presi
Happy times for house hunters - Bhubaneswar
Jul 03, 2012
BHUBANESWAR: Looking for a house on rent has never been easier in the city. Contrary to the situation around a year ago when house hunting was an arduous task, tenants have multiple options to choose from now. A look around IRC Village, Nayapalli, Patia, Neeladri Vihar, GGP Colony, areas south of Khandagiri and Sundarpada reveals many houses with 'to let' signs. The proliferation of available hou

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