Latest Realty News

Realtors See Realty Boom Post-polls
Dec 20, 2013
HYDERABAD: Several real estate associations of South India converged at the two-day conference organised by the Confederation of Indian Industries here to discuss various aspects and prospects of real estate sector.
Credai favours single-window clearance for projects, amendments realty bill
Dec 15, 2013
HYDERABAD: The Confederation of Real Estate Developers Associations of India has called for adoption of a single window and online approval system to cut short time for clearances and save on costs due to delays.
Impact of Election 2014: Realty sector struggles with labor shortages
Dec 14, 2013
BANGALORE/MUMBAI: The general election of 2014 is expected to exacerbate the labour shortage in the housing sector, putting more stress on builders and delaying further the delivery of nearly 1 million homes across the country, as lakhs of workers head back to villages and towns to exercise their franchise.
Blanket ban on extraction of ground water in Noida impractical
Dec 14, 2013
DELHI: The complete ban on extraction of ground water, especially in Noida-Greater Noida regions by the National Green Tribunal (NGT) has come as a major impediment for construction firms.
Affordable housing on realty majors' agenda
Dec 14, 2013
LUCKNOW: Affordable and economically weaker sections (EWS) housing would be the central theme at the annual summit of the country’s leading real estate developers this week.
Real estate sector needs encouragement: Vyas
Dec 14, 2013
DELHI: Housing and Urban Poverty Alleviation Minister Girija Vyas today said the real estate sector, which is grappling with problems like manpower shortage, should be encouraged to boost the economic growth of the country.
Government open to modify Real Estate Regulatory Bill if needed: Girija Vyas
Dec 14, 2013
DELHI: Speaking on the sidelines, she said: "We have said that doors are open for negotiations. At present, the Bill has been placed in front of Parliamentary standing committee."
Work on Dwarka Expressway is set to resume
Dec 12, 2013
DELHI: Resumption of work on the much-delayed Dwarka Expressway is good news for the thousands of end users and investors here. The expressway has emerged as one of the most sought-after real estate destinations in the National Capital Region (NCR) today.
CREDAI Proposes to Build 5,000 Housing Units
Dec 10, 2013
BHUBANESWAR: The Confederation of Real Estate Developers’ Association of India (CREDAI), Odisha chapter has proposed to build about 5000 affordable housing units in the city.
'Realty Sector Burdened by Too Many Laws'
Dec 10, 2013
BANGALORE: State members of the Confederation of Real Estate Developers Association of India (CREDAI) on Thursday strongly opposed the Real Estate (Regulation and Development) Bill, stating that the sector was already governed by too many laws.
Polls outcome floats wave of positive sentiments in real estate and industries
Dec 09, 2013
NOIDA/GHAZIABAD: The four states polls outcome have floated a new wave of expectation in the UP' industrial and real estate sector. The experts believe that the clear mandate will lead to economic growth. The experts believe that the market is sentimental and will respond very soon, that possibly breach all time high.
BWSSB shuts valve on 90 real estate projects
Dec 09, 2013
BANGALORE:Commencement of at least 90 real estate projects in the newly added areas of the Bruhat Bangalore Mahangara Palike (BBMP) have been affected following the delay in the Bangalore Water Supply and Sewerage Board (BWSSB) issuing no objection certificate (NOC) .
Reforms in real estate sector to boost FDI, says Credai
Dec 07, 2013
BHUBANESWAR: Reforms in the real estate industry, such as bringing in more transparency and setting up of regulatory body, would boost foreign direct investment (FDI) in the sector by at least 20 times, said Confederation of Real Estate Developers' Association of India (Credai).
Kerala should model Singapore: Credai
Dec 07, 2013
KOCHI: Amid rising shortage of ready-available land for realty and construction projects, Kerala could look at places like Singapore for a model in housing development, said S N Raghuchandran Nair, chairman of the Kerala chapter of Confederation of real estate Developers' Association of India (Credai). He was talking to the reporters in Kochi on Thursday after announcing 'Credai Conclave 2013', to be held in Delhi on December 13 and 14. The conclave will focus on the theme 'Housing: the game cha
Indore realtors flay new real estate law
Dec 06, 2013
INDORE: Realtors want some amendments in the Real Estate Regulation Act (RERA). Though the Act was being introduced by the government on the demand of the industry itself, they believe that the Act, if implemented in its present form, will not serve the purpose on several counts.
Only a few states follow good property registration procedures: G Shyam Sunder
Dec 05, 2013
CHENNAI: G Shyam Sunder, a Chennai-based advocate, has travelled to 18 states in India to compile the different procedures and practices followed in the registration, revenue and town and country planning department. In his book titled 'Property Registration, Land Records and Building Approval Procedures Followed in Various States in India', Shyam Sunder points out to the benefits of standardising procedures. Edited excerpts of his interview with ET:
Single-window clearance will cut housing cost, Pune realtors says
Dec 05, 2013
PUNE: Higher input, finance costs, non-availability of bank finance for real estate projects and exorbitant taxes are some of the problems that will be debated in the forthcoming Credai Conclave 2013, which will take place in New Delhi on December 13 and December 14.
Insufficient labour paving way for automation in construction industry
Dec 05, 2013
Uttar Pradesh: The construction industry is labour intensive and therefore, dependent on manual workers from states like Bihar, Uttar Pradesh etc. However, the industry is grappling with a shortage of these workers, mainly because of the Government providing cereals at low or no cost along with ample new job opportunities and improved conditions in their native and nearby states. This has resulted in a decrease in migrants to metro cities for livelihood and has already started affecting the cons
Governments need to be efficient to trigger housing sector growth
Dec 04, 2013
MUMBAI: Confederation of Real Estate Developers' Association of India (Credai) today said governments need to be more efficient to accelerate growth in the housing sector.
Realty sector saw 18-20% job losses in 12 months: Lalit Kumar Jain, Chairman, CREDAI
Dec 04, 2013
MUMBAI: The country's real estate sector saw 18-20% job losses over the last one year because of weakening sales and tight liquidity, according to Lalit Kumar Jain, chairman of Confederation of Real Estate Developers' Association of India (CREDAI).
‘Real estate sector has huge potential’
Dec 04, 2013
BHUBANESWAR: Focusing on increasing the potential of the housing sector in the country, the Confederation of Real Estate Developers’ Association of India (Credai) will hold a two-day national conclave with the theme ‘Housing the game changer: Leading to double-digit GDP growth’ in New Delhi from December 13.
‘Development of Kolkata will be around areas near Metro’
Dec 04, 2013
KOLKATA: Future development of the city will mostly be centred on routes nearest to the Metro Railway, CREDAI Bengal President Harsh Vardhan Patodia said here on Tuesday.
KMC, Credai solve water body disputes
Dec 02, 2013
KOLKATA: Leading real estate developers in the city have persuaded the Kolkata Municipal Corporation (KMC) to use multiple reference points to map waterbodies instead of relying solely on a satellite image taken in 2004.
Credai to hold conclave in Delhi from Dec 13
Dec 02, 2013
Against the backdrop of its continuous efforts to influence the government to take up several reform measures and policy changes, real estate body, the Confederation of Real Estate Developers’ Association of India (Credai), is holding a two-day national conference with a theme ‘Housing the game changer – Leading to double-digit GDP growth’ in New Delhi from December 13, 2013.
The biggest real estate exposition to augment double-digit growth announces
Dec 02, 2013
The Confederation of Real Estate Developers’ Associations of India (CREDAI) as an apex body today organized its regional Patna chapter at Hotel Windsor, Patna. Mr. Narendra Kumar, President, CREDAI Patna & Director, Kumar Buildcon and Dr. Anil Kumar Sharma, President, CREDAI NCR & CMD Amrapali group discussed about the CREDAI conclave 2013.

Latest Realty News Of State

Realty Talk's