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SBI, CREDAI ink MoU for concessional loan for housing projects

SBI, CREDAI ink MoU for concessional loan for housing projects

State-owned SBI and realtors' body CREDAI have signed an agreement to provide loans at a concessional rate to builders as well as customers for affordable housing projects.

CREDAI members to develop over 375 affordable home projects

CREDAI members to develop over 375 affordable home projects

These projects are spread across all over India and involve development of over 2,37,000 houses.

Ensure timely delivery of housing units: Naidu to builders

Ensure timely delivery of housing units: Naidu to builders

Union minister M Venkaiah Naidu on Monday asked builders to fulfil their promises to home buyers and ensure timely delivery even as the realtors demanded that ongoing projects be exempted from the new realty law.

Demonetisation: Bengaluru one of least affected cities: CREDAI

Demonetisation: Bengaluru one of least affected cities: CREDAI

 CREDAI today said Bengaluru is one of the least affected cities due to the demonetisation move as the market here has been predominantly transparent with cash transactions almost being negligible.

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Housing prices unlikely to come down in primary market post demonetisation: CREDAI

Credai, the realtor's body, on Saturday said that housing prices unlikely to come down in primary market post demonetisation since rates are already at the lowest level.

Demonetisation to have no effect on real estate prices, best time to buy: CREDAI

Demonetisation to have no effect on real estate prices, best time to buy: CREDAI

Claiming that the demonetisation of Rs 500 and Rs 1,000 notes will have no bearing on the real estate sector in India, an office-bearer of a national body of developers/promoters on Thursday said the sector will rather move up.

Real Estate industry opposes ban on construction work in Delhi-NCR

Real Estate industry opposes ban on construction work in Delhi-NCR

Realtors' body CREDAI today opposed the NGT order banning construction activities in Delhi-NCR saying this will not help in solving the pollution problem and rather impact adversely the delivery of real estate projects.

IDFC Alternatives raises Rs 475 crore to invest in housing projects

IDFC Alternatives has raised Rs 475 crore in its third real estate fund to invest in residential projects across seven major cities.

Godrej Properties to launch 15 projects in FY17

Godrej Properties is aiming to launch 15 new projects, including one in Noida, and sell its completed commercial assets worth Rs 1,500 crore during this fiscal as the realty firm seeks to achieve higher growth.

Realtors say no scope for further cut in housing prices

Realtors say no scope for further cut in housing prices

 Realtors' apex body CREDAI today said there is no scope for further reduction in housing prices as this would lead to rise in NPAs and non-delivery of real estate projects.

Housing prices down 15-20%; no scope for further cut: CREDAI

Housing prices have fallen by an average 15-20 percent across the country in last 18 months and there is no scope for further reduction, realtors' apex body CREDAI said on Wednesday.

CREDAI pitches for 0.50% interest rate cut to boost growth

Realtors' body CREDAI Tuesday said RBI should cut key interest rate by 50 basis points to boost housing demand as well as growth of the realty sector.

Housing.Com, Credai forge deal for exclusive partnership

Housing.Com, Credai forge deal for exclusive partnership

Housing.Com, one of the leading real estate platforms, and the Confederation of Real Estate Developers' Associations of India (Credai), India's apex real estate body, Friday signed a memorandum of understanding (MoU) for an exclusive partnership for three years.

Housing.Com to set up online platform for realtors body CREDAI

Housing.Com to set up online platform for realtors body CREDAI

Realty portal Housing.Com on Wednesday signed an agreement with the realtors' apex body CREDAI to set up an online platform that would help developers to engage with customers effectively.

Realtors seek effective implementation of Smart City projects

The Confederation of Real Estate Developers' Association of India (CREDAI) also demanded that the private sector should be roped in to realise this mission.

Over 55,000 home buyers to get possession of flats in Noida

Over 55,000 home buyers will now get possession of their flats in Noida as the government today issued the final notification demarcating the Eco Sensitive Zone (ESZ) around Okhla bird sanctuary, realtors' apex body CREDAI said Wednesday.

Land bill not to affect real estate developers: CREDAI

The proposed Land Acquisition Bill would in no way impact the real estate sector in the country, CREDAI said Friday.

Industry hails 'Housing for All' as a milestone decision

Hailing the Cabinet's decision of launching 'Housing for All by 2022' mission for providing affordable homes to the urban poor at low interest rates, the real estate industry terms the decison as a "milestone".

Housing sales improving; full recovery in next fiscal: CREDAI

Housing sales have started showing signs of improvement but full recovery is expected only in the next financial year, realtors' apex body CREDAI said Wednesday.

Rate cut to spur housing demand: Realty firms

They sought further cut in interest rates as well as policy reforms for the growth of realty sector, which is facing a huge demand slowdown in last few years.