Latest Realty News

Real-estate-developers-body-vows-to-oppose-corruption
Apr 19, 2016
Chennai: Confederation of Real Estate Developers' Association of India (Credai) Chennai chapter has called for increasing ease and reducing cost of doing business in the state. The developers' body has been raising concerns about corruption in the building plan approval process for some time, but this is the first time that the organization is confronting the state administration openly on the issue of corruption.
'Fairpro-To-Revive-Realty-Market-in-TN'
Feb 21, 2015
CHENNAI: After a dull year, the Confederation of Real Estate Developers Association of India (CREDAI) was positive that the eighth edition of FAIRPRO
Home-Loan-Mela-from-Feb-13
Feb 12, 2015
CHENNAI: Confederation of Real Estate Developers’ Associations of India (CREDAI) in the city, will organise a home loan mela
Credai-Chennai-to-unfold-Std-Op-Proc-to-ensure-Quality-Standards-among-developers-:-Sandeep-Mehta,-M...
Jan 14, 2015
Chennai: A Standard Operating Procedure is in the offing by Credai-Chennai in a bid to ensure quality standards among the members, according to Sandeep Mehta, Managing Director of Jain Housing and Constructions Ltd
Realty sector hopes for an upswing in the coming year
Dec 31, 2014
Chennai: While the number of housing units added to the city in 2014 was around 20,000, the actual absorption was much lower
Chennai’s billionaires’ row
Oct 30, 2014
Chennai: Land value in the three most sought-after places in the city has doubled, and in some cases, tripled
Bid to curb land fraud runs into court hurdle
Aug 19, 2014
An official attempt to curb fraudulent land transactions with the help of fake or outdated power of attorney documents has failed with the Madras high court quashing a circular by the inspector general of registration that said a 'life certificate' to prove that the landowner is alive must be submitted for registering a property
CREDAI trying to sign MoU with TN educational institutions to develop students’ technical skills
Mar 26, 2014
CHENNAI: Just 20% of the 2.5 lakh engineering graduates passing out of colleges in Tamil Nadu every year are employable, said Sandeep Mehta, president of Confederation of Real Estate Developers' Association of India (CREDAI), on Tuesday.
Apartments between Rs 30-60 lakh most preferred: CREDAI
Feb 28, 2014
CHENNAI: Majority of home buyers opted for mid-range apartments priced between Rs 30 lakh and Rs 60 lakh at the seventh edition of the Fairpro 2014 that concluded here recently, real estate industry body CREDAI said today.
Chennai: 3 in 4 buyers look for apartments within Rs 60 lakh
Feb 25, 2014
CHENNAI: Over 70% of apartment buyers in the city purchase properties below Rs 60 lakh, going by figures thrown up by the just concluded three-day property fair, Fairpro, organised by the Confederation of Real Estate Developers’ Association of India (CREDAI).
Apartment hunt at this FAIR!
Feb 19, 2014
CHENNAI: With property pundits forecasting a rise in real estate prices post the elections, FAIRPRO 2014 is looking to give people a shot at buying their dream home at the best prices available now. “Post election, there might be drastic changes in the market. By the end of year 2014, we expect at least 15 to 20 per cent increase in the rates. So this is the best time as people are waiting to invest their money in properties,” said Suresh Krishn, Secretary, CREDAI Chennai, on Tuesday.
Your Dream Home May Get Dearer
Feb 12, 2014
CHENNAI: Now flats in Chennai are likely to become a tad more costly since the Chennai Metropolitan Development Authority (CMDA) has decided to charge four times the previous security deposit from the builder while issuing planning permission.
CMDA set to hike security deposit for buildings
Jan 23, 2014
CHENNAI: Chennai Metropolitan Development Authority (CMDA) is all set to increase fourfold the security deposit for construction of buildings.
‘Not enough policy support for real estate’
Nov 16, 2013
CHENNAI: The real estate sector is not getting adequate support from banks and policy makers despite its contribution to economic growth, according to Lalit Kumar Jain, Chairman, Confederation of Real Estate Developers Association of India (CREDAI).
‘Connectivity is critical for residential development’
Aug 16, 2013
CHENNAI: Despite the economic slowdown, there is a healthy housing demand in the suburbs, according to Sandeep Mehta, President, Tamil Nadu chapter of the Confederation of Real Estate Developers Association of India.

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