Tag: #CREDAI

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.

August 12, 2019

By Abhay Shah, Realty Quarter On 11 August, after the industry and homebuyers met with Finance Minister Nirmala Sitharaman to emphasize their issues regarding liquidity crunch, demand slowdown and stalled projects, the government proposed it would soon solve the problems that are affecting the real estate sector. The Minister of Finance conducted two separate meetings on August 11 – the first with the two apex realtors’ industry bodies CREDAI and NAREDCO, and the second with homebuyer associations to address the problems related to the property industry and measures to improve […]

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.more

Home buyers accept SC judgment that helps to recover its dues on stalled projects.

August 10, 2019

By Abhay Shah, Realty Quarter The judgment of the Supreme Court on Friday reaffirming the privileges of end-use home buyers as economic creditors under the Insolvency and Bankruptcy Code (IBC) is anticipated to provide security and hope of regaining their dues, particularly in projects that are stuck for a long time with no delivery in […]

Home buyers accept SC judgment that helps to recover its dues on stalled projects.more

Benjamin Netanyahu collaboration with India

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.

August 7, 2019

By Abhay Shah, Realty Quarter On Tuesday Israel’s Prime Minister Benjamin Netanyahu invited Indian real estate developers to collaborate with Israeli companies to increase efficiency and profitability. “When you partner with Israelis who want to associate with you in order to capture the future together, you can boost the productivity and profitability of your enterprises too,” Netanyahu said here through video messaging conference while addressing the apex body of the realty developer Credai. Israel and India are already working in collaboration in many fields like security, agriculture, cyber and IT, and now construction and real estate. […]

Benjamin Netanyahu invites Indian realtors to collaborate on projects with Israeli companies.more

Developers of Mumbai requested the State Government to reduce premium charges.

July 29, 2019

By Abhay Shah, Realty Quarter Top property developers in Mumbai have requested the state government, to cut premium charges, which it has to pay under various heads, mentioning the liquidity crunch. Developers seek to decrease charges linked to open space deficits premium, staircase, lift and lobby charges, among other taxes. After a discussion on Thursday […]

Developers of Mumbai requested the State Government to reduce premium charges.more

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.

June 18, 2019

By Abhay Harish Shah, Realty Quarter In its budget wish list, Realtors apex body CREDAI requested that banks should finance developers to purchase land to develop affordable housing projects. It has also indicated that all legislation should have the same concept of affordable housing. “Land as a value of the project comprises 40% of the […]

CREDAI has demanded that banks should fund developers to buy land for development of affordable housing projects.more

How Government reforms can Up-lift the Real Estate Industry?

June 13, 2019

By Abhay Harish Shah, Realty Quarter With the 2019 general elections, which give Narendra Modi a definite mandate for a second time as Prime Minister, the real estate industry is optimistic because it means a continuation in policies. In the last three to four years, the state has taken several significant policy choices and business […]

How Government reforms can Up-lift the Real Estate Industry?more

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.

June 12, 2019

By Abhay Harish Shah, Realty Quarter With the Confederation of Real Estate Developers Association of India (Credai), Maharashtra Government decided to pass the burden of input tax credit to purchasers, which will affect to increase apartment prices by Rs.200 per square foot. The annual general meeting of the developer’s board in Kolhapur took a decision […]

Apartment price likely to rise by Rs.200 per square foot – Maharashtra Government.more

Credai signs MOU with IGBC to construct Green Building Projects across 5 cities.

May 31, 2019

By Abhay Harish Shah, Realty Quarter The Apex Group of real estate developers Credai plans to develop green building projects in five cities in order to promote the green movement of the country. In this context, at the ceremony for the establishment of the Credai Youth Wing and the Credai Women’s Wing in Hyderabad, it also […]

Credai signs MOU with IGBC to construct Green Building Projects across 5 cities.more

IBA and CREDAI join up to solve unfinished project.

March 22, 2019

By Abhay Harish Shah , Realty Quarter The problem of delaying the unfinished projects is quite annoying and stressful for the residing people. Recently, In an ongoing gathering with agents of the Indian Banks Association (IBA), real-estate developers examined different issues […]

IBA and CREDAI join up to solve unfinished project.more

Tag: #CREDAI

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