Representatives of realtors' body CREDAI met Finance Minister Nirmala Sitharaman on April 20th sought government's support to deal with the disruption caused by the COVID-19 pandemic. The meeting with the finance minister was held in Kolkata. Many senior members of Credai, including its new presiden... Read more...
Real estate developers have welcomed the government’s decision to make everyone above 18 years of age to be eligible for vaccination against COVID-19 from May 1, saying that it would enable migrant workers, especially construction workers to get vaccinated and help arrest another mass exodus of mi... Read more...
Confederation of Real Estate Developers Association of India-AP State General Secretary K.Subhash Chandra Bose urged the Union and State governments to establish competent authorities to control cement and steel prices which had been skyrocketing for the last three months. He said that the cement... Read more...
Realty developers’ body, the Confederation of Real Estate Developers' Associations of India (CREDAI) has entered into a memorandum of understanding with Indian Payments and Postal Bank (IPPB) to facilitate opening of bank accounts for construction workers. “This labour welfare initiative is a... Read more...
Real Estate Sector has been under stress for more than 2 years. Economic uncertainty enforced by COVID 19 Pandemic has only made it worse for the sector. After battling for survival, the sector is slowly moving towards revival. Ensuring liquidity, access to funds & longer repayment cycles w... Read more...
Realtors’ apex body CREDAI has suggested the government to increase tax exemptions in the upcoming Budget to boost housing demand and enhance limit of deduction under section 80C of income tax for principal repayment on home loans. It also said that there should be a separate exemption for prin... Read more...
CREDAI has written to PM Narendra Modi & all concerned Ministries and urged them to take note of cartelization by cement and steel manufacturers. CREDAI also requested the Government for an immediate intervention in regulating the prices of construction raw materials amidst the ongoing pandemic ... Read more...
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has sought Prime Minister Narendra Modi’s urgent intervention in curbing cartelisation by cement and steel manufacturers to arrest the price hike of cement and steel. In a letter to the Prime Minister on December 18, ... Read more...
CREDAI MCHI President, Deepak Goradia With the pandemic bringing the industry to a halt, coupled with the lack of migrant workers at construction sites, the entire real estate fraternity faced countless struggles to resume projects and keep afloat, financially. While the return of migrant ... Read more...
"Finance Minister Nirmala Sitharaman's stimulus measures in terms of income tax relief for buyers and developers is very timely and will further boost the housing demand in the country. The additional outlay under PMAY will help the completion of stuck projects, create new jobs, and boost demand for... Read more...