Latest Realty News

CREDAI to organise property show
May 12, 2014
NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) will be organising 'Property Show 2014' from May 23 to May 25 at Dongre Vasatigruha. This year, the exhibition is being organised on national and international level.
Builders demand separate ministry for construction sector
May 04, 2014
COIMBATORE: With the demand for skilled workers set to nearly treble by 2020, the construction industry wants a separate ministry both at the Union and the state level to address the issues affecting the sector. The construction industry, which employs about 10 million skilled workers now, would require at least 30 million such workers by 2020, said S K Basu, president of Builders' Association of India (BAI). The construction industry would require 55-60 million workers by 2020, he said.
Builders in Odisha pin hopes on election results to revive sluggish market
May 02, 2014
BHUBANESWAR: Real estate developers are a worried lot as they grapple with the problem of unsold housing stocks piling up. They hope the situation would improve after election results if stable governments come to power at the Centre and in the state.
CREDAI holds games for construction workers
May 02, 2014
BANGALORE: The Confederation of Real Estate Developers Association of India (CREDAI) celebrated Labour Day by holding athletic games for labourers.
From a mofussil town to engine of growth
Apr 30, 2014
LUCKNOW: A decade ago, it took about an hour's drive from Lucknow to reach a mofussil town on its outskirts. There were no signs of any urban rub-off in the area. Instead, it was marked by dust, patchy roads and barren stretches. That was Mohanlalganj, a rural parliamentary segment situated on Lucknow's periphery.
Realty firms hope poll outcome to bring turnaround in market
Apr 29, 2014
DELHI: Makeshift tents erected by real-estate brokers were a common sight across Noida until a year ago; so were home shoppers hopping between new apartments.
CII-CREDAI summit on sustainable development
Apr 27, 2014
INDORE: More than 60 representatives from different township projects and administrative boards participated in Madhya Pradesh Real Estate Summit 2014 organized jointly by Confederation of Indian Industry (CII) and Confederation of Real Estate Developer's Association of India (CREDAI), Indore on Saturday.
Single window approval system for realty projects in UP-NCR
Apr 25, 2014
DELHI: Development authorities in UP-NCR have sent a proposal to the state government to provide all approvals to real estate developers under one roof so that not only are projects delivered in time, but it becomes easy for buyers to check their legal status. Currently, multiplicity of authorities in obtaining NOCs has been delaying projects.
MHRDA: New realty law will help buyers and builders
Apr 17, 2014
PUNE: The Maharashtra Regulatory & Development Act (MHRDA), 2012, promises to bring more transparency and accountability helping both builders and property buyers, Satish Magar, vice-president of the Confederation of Real Estate Developers Associations of India (Credai) – National, said on April 15.
New realty law will help buyers and builders
Apr 17, 2014
PUNE: The Maharashtra Regulatory & Development Act (MHRDA), 2012, promises to bring more transparency and accountability helping both builders and property buyers, Satish Magar, vice-president of the Confederation of Real Estate Developers Associations of India (Credai) - National, said on Tuesday.
New Credai Coimbatore team
Apr 17, 2014
COIMBATORE: Rajesh B Lund, Partner, Srivari Property Developers, Coimbatore, will take over as the President of Coimbatore chapter of Credai (the Confederation of Real Estate Developers’ Association of India) for a two year term (2014-16).
CREDAI demands reduction in interest rates
Apr 09, 2014
HYDERABAD: The Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body for private real estate developers in India, seeks a pro-growth stance on the policy rates. It also demands a reduction in interest rates to put growth and demand on the fast track, and develop the housing sector in the economy which has been completely ignored by the successive governments.
Indian realty industry looks to BJP to lift fortunes
Apr 09, 2014
MUMBAI: The crisis-ridden real estate sector, feeling neglected by the United Progressive Alliance (UPA) government, is warming up to the Bharatiya Janata Party (BJP) and its prime ministerial candidate Narendra Modi to lift its fortunes. In the wake of economic instability, the realty industry has been facing severe stress with a clouded investment outlook. Its industry captains are looking forward to a strong and stable government that can put the battered economy back on rails and undertake t
Labourers attending rallies delays construction
Apr 07, 2014
NOIDA: The election fever has slowed down the speed of housing projects in NCR. Developers say that large number of labourers are made to attend political rallies to show huge public support.
Realtors defer launching of new projects for polls
Apr 07, 2014
BHUBANESWAR: The realtors in the city have deferred launching of new projects as the consumers are pulsated with impending polls in the state and are awaiting the formation of a new government.
Work speeds up on Dwarka Expressway
Apr 03, 2014
DELHI: Dwarka Expressway has emerged as one of the most sought-after real estate destinations in the National Capital Region (NCR).
Developers hail RBI's decision to keep policy rates unchanged
Apr 02, 2014
DELHI: Realtors' body CREDAI today hailed the RBI's decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.
Developers hail RBI policy; demand easing of interest rate
Apr 02, 2014
DELHI: Realtors’ body CREDAI today hailed the RBI’s decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.
Credai favours lower interest rate regime to boost housing sector
Apr 02, 2014
HYDERABAD: The Confederation of Real Estate Developers’ Association of India (Credai) today urged the Government to focus on development of the housing sector by reducing interest rates.
Lift for real estate, jewellery markets on Gudi Padwa
Apr 01, 2014
NASHIK: The real estate sector and the jewellery market saw good business across the city on the occasion of Gudi Padwa on Monday.
Big purchases add sheen to Padwa celebrations today
Mar 31, 2014
PUNE: For Prachi Puranik of Pashan, this year's Gudi Padwa on Monday is particularly special as her family will bring home an SUV.
Open spaces a premium attraction in residential complexes
Mar 31, 2014
COIMBATORE: Every evening Shyam Veluswami and his friends play an hour of badminton in the indoor court situated on the first floor of the marble, wood and glass three storey club house in Shobha Harishree residential community. Very often, as he walks out, he waves a hello to his mother who takes an evening walk with two of her friends on the walking track provided around the community or just sits down for a chat on one of the benches provided along the roads.
Property market looks good this Gudi Padwa
Mar 31, 2014
AURANGABAD: A festive spirit only adds to buyers' sentiments in the property market. After last year's slowdown due to the severe drought in Marathwada region, belligerence is the watchword in the Aurangabad property market this Gudi Padwa.
Realtors eye Gudi Padwa bookings
Mar 30, 2014
NASHIK: 2014's Gudi Padwa could signal better movement for the real estate sector in Nashik after a lull that has lasted for over a year-and-a-half. Considered an auspicious occasion for bookings, the past three months leading up to Monday's Gudi Padwa have seen close to 400 flats being booked in the city.
Credai awaits rollback of ready reckoner rates
Mar 30, 2014
NASHIK: The Confederation of Real Estate Developers Association of India (CREDAI), Nashik, is awaiting a rollback of the hike in ready-reckoner rates announced by the Maharashtra government from January 1, 2014. The organization has expressed its disappointment, with the hiked rates remaining unchaged after an assurance from the state government.

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