Latest Realty News

Under-construction-flat-to-cost-more-after-GST-Bill-is-rolled-out
Aug 05, 2016
NEW DELHI: Prices of underconstruction apartments may rise by up to 5-10% when the Goods and Services Tax (GST) is rolled out. But, prices of completed apartments will not be affected as GST will not be applicable there.
Maharashtra-flat-buyers-can-now-file-a-police-complaint-against-builders-violating-norms-
Jul 04, 2016
The state police has directed police stations across Maharashtra to register complaints against errant builders who cheat flat buyers and violate building norms. Housing experts have welcomed the move--termed by CM Devendra Fadnavis as "a good decision" -but which the real estate industry finds 'disturbing'. In a circular issued last week, special inspector general of police Prabhat Kumar instructed police commissioners in the state to take action according to the provisions of law when people f
7th-Pay-Commission:-Home-Sales-Likely-To-Improve,-Say-Realtors
Jun 30, 2016
New Delhi: Real estate industry bodies on Wednesday said housing sales are expected to improve following implementation of Seventh Pay Commission recommendations as prices have fallen in last few years because of a slowdown in the property market.
Relief-for-homebuyers!-Builders-may-have-to-pay-11%-interest-for-delayed-projects-
Jun 29, 2016
NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities.
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.
Realty-Firms-Hope-for-Housing-Sales-Revival-Post-Rate-Cut
Apr 07, 2016
New Delhi: Interest on home loans is expected to come down helping a revival of housing sales following the Reserve Bank of India's lowering of policy rate by 0.25 per cent today, say realty experts.
New-Managing-Committee-Formed--for-Credai-Odisha
Mar 19, 2016
Bhubaneswar : The New Managing Committee of Credai Odisha were elected for term 2016 -18 at Mayfair convention on 18th March 2016.
Range-of-housing-options-at-property-fair
Feb 15, 2016
Bhubaneswar: A five-day property exhibition, Home and Decor, showcasing housing properties by members of Real Estate Developers Association of Odisha (REDA) started at Janata Maidan here on Saturday.
Real-estate-market-may-see-an-upswing,-say-developers
Jan 11, 2016
Vadodara: The real estate market in Vadodara seems to be set for an upswing this year. The CREDAI Vadodara Property Carnival 2016 organized at Navlakhi Grounds saw a record number of bookings for apartments and duplexes over last three days.
New-FDI-norms-to-boost-affordable-housing-segment
Nov 12, 2015
NEW DELHI: Real estate industry today hailed the government's decision to relax FDI norms for construction sector saying the move would boost foreign investment into the housing sector, particularly affordable segment.
Real-estate-developers-eye-tax-relief-on-deemed-rental-income-
Nov 07, 2015
NEW DELHI: The developers' concerns over the tax provision wherein they are required to pay tax on deemed rental income on unsold apartments may be addressed in the coming Budget.
China-interested-in-developing-Bengal's-infrastructure:-Mamata-Banerjee
Nov 06, 2015
KOLKATA: The Chinese government has expressed keen interest in enhancing economic activity with West Bengal as the state is both economically and geographically close to China, West Bengal chief minister Mamata Banerjee said today.
6th-edition-of-Credai-Nagpur-Property-Expo-concludes
Oct 23, 2015
The Nagpur chapter of Confederation of Real Estate Developers Association of India [CREDAI] has organized the sixth edition of its four-day long property expo where over 4000 home aspirants thronged the expo at Rani Kothi, Civil Lines.
CREDAI-threatens-to-suspend-works
Sep 19, 2015
The Confederation of Real Estate Developers Association of India (CREDAI) has threatened to stop all ongoing construction works from September 21 if the government failed to supply quality sand at affordable prices.
RBI-policy-desolates-realtors;-want-rate-cut-to-boost-sector
Aug 04, 2015
Real estate industry on Tuesday expressed disappointment over RBI's decision to keep the key interest rates unchanged, saying rate cuts were required to boost manufacturing and property sectors.
Land-bill-not-to-affect-real-estate-developers:-CREDAI
Jul 17, 2015
COIMBATORE: The proposed Land Acquisition Bill would in no way impact the real estate sector in the country, CREDAI said today.
Credai-aims-at-new-synergy-between-government,-real-estate-players
Jul 17, 2015
COIMBATORE: Credai is aiming to establish a new synergy between real estate developers and government, while rallying its support to push for a single window clearance system, industry body's National President Gitambar Anand said today.
IGBC,-CREDAI-ink-MoU-to-promote-green-buildings
Mar 17, 2015
Hyderabad: The Indian Green Building Council (IGBC) has signed an MOU with CREDAI to increase the green building footprint in India
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
Overwhelming-response-to-property-expo
Feb 09, 2015
Hyderabad: The sixth of edition of ‘Gruhapravesham’, India Property Online’s expo, saw thousands of property buyers converge
Choices galore at three-day housing exhibition
Jan 05, 2015
Tiruchirapalli: A three-day housing expo, Fairpro 2015, organised by Confederation of Real Estate Developer’s Association of India (CREDAI), got underway in the city
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
Heavy footfall concludes HT Auto, Realty Expo
Dec 22, 2014
Chandigarh: The two-day HT Auto and Realty Expo 2014 concluded with a heavy footfall here at Elante Mall
CM to interact with CREDAI members on ready reckoner rates in Nashik next week
Dec 18, 2014
NASHIK: Chief minister Devendra Fadanvis will interact with office-bearers of the Confederation of Real Estate Developers' Association of India (CREDAI) Nashik, over Ready Reckoner (RR) rate issue in the city next week
Realty players want govt stimulus as RBI disappoints
Dec 03, 2014
New Delhi: Disappointed with RBI's decision to keep interest rates unchanged, real estate players sought government's help to facilitate low-costing funding for buyers and developers

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