CREDAI

Centre increases carpet area of houses under PM Awas Yojana

Centre increases carpet area of houses under PM Awas Yojana

Under the MIG-I category, the carpet area of the houses has been enhanced from 90 sq.Mtr to 120 sq.Mtr, while under the MIG-II segment, it has been increased to 150 sq.Mtr from the current 110 sq.Mtr, Union minister Ravi Shankar Prasad told reporters yesterday while briefing them about the Union cabinet decisions.

Nov 17, 2017, 12:25 PM IST

Centre increases carpet area of houses under PM Awas Yojana; Realtors hail move

An official said many people were not opting to buy houses under the scheme as the previous carpet area did not seem very attractive to them.

Nov 17, 2017, 11:04 AM IST
Realty sector to have over 17 million workforce by 2025: Report

Realty sector to have over 17 million workforce by 2025: Report

India has emerged as the most preferred outsourcing destination as per the findings of the 2017 Asia Pacific Occupier Survey Report of CBRE, he added.

Sep 28, 2017, 17:23 PM IST
Some stalled projects tarnishing image of entire sector: CREDAI

Some stalled projects tarnishing image of entire sector: CREDAI

Realtors' apex body CREDAI on Thursday said image of the entire real estate industry is being hit due to stalled projects of some big builders in Delhi-NCR and offered its help in completing their under-construction flats.

Aug 31, 2017, 22:51 PM IST
CREDAI seeks PM's intervention for proper rollout of RERA

CREDAI seeks PM's intervention for proper rollout of RERA

Real estate industry body CREDAI on Thursday sought the prime minister's intervention to ensure proper and expeditious implementation of the new real estate regulatory law to protect the interest of property buyers and developers.

Aug 17, 2017, 19:04 PM IST
Gulshan Homz to invest Rs 400 crore on two projects in Delhi-NCR

Gulshan Homz to invest Rs 400 crore on two projects in Delhi-NCR

Realty firm Gulshan Homz on Monday said it will invest Rs 400 crore over next three years to develop two housing projects in Noida and Greater Noida.

Jul 17, 2017, 15:57 PM IST
Realtors differ over GST's impact on housing prices

Realtors differ over GST's impact on housing prices

Real estate bodies Naredco and Credai Wednesday gave contrasting assessments of the impact of GST on housing prices, highlighting the prevailing confusion in the sector regarding the new indirect tax regime.

May 24, 2017, 20:28 PM IST
CREDAI seeks abolition of stamp duty on landed property

CREDAI seeks abolition of stamp duty on landed property

Real estate sectoral body CREDAI has urged the state governments to do away with the stamp duty on landed property to eliminate multi-point taxation after the introduction of GST.

May 24, 2017, 15:13 PM IST
RERA to boost housing demand, protect buyers, say realty companies

RERA to boost housing demand, protect buyers, say realty companies

Developers expect housing demand to recover with the implementation of the real estate law from May 1 as it will protect buyers from unscrupulous players, while prices will remain stable due to huge unsold inventory.

Apr 30, 2017, 14:37 PM IST
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.

Apr 24, 2017, 19:02 PM IST
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.

Apr 09, 2017, 19:43 PM IST
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.

Mar 06, 2017, 18:29 PM IST
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.

Dec 03, 2016, 16:18 PM IST
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.

Nov 26, 2016, 22:42 PM IST
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.

Nov 10, 2016, 16:10 PM IST
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.

Nov 08, 2016, 20:01 PM IST

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.

May 12, 2016, 20:13 PM IST

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.

May 08, 2016, 11:48 AM IST
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.

Apr 26, 2016, 19:39 PM IST

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.

Dec 09, 2015, 17:05 PM IST