Tag: Affordability

Orissa episode of the Credai

November 29, 2008 – 4:26 am

The Orissa episode of the Credai has decided to reduce prices of their forthcoming housing projects by 5-10% in the coming 2 months in the wake of fall in raw material prices. The strategy comes close on the heels of a call given by Credai to more than three thousand of its members in the […]

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FM assures more loans for real estate

November 14, 2008 – 1:23 am

Finance minister P Chidambaram assured real estate developers that government will impress upon banks to accelerate lending to realty, which is facing one of the worst slowdown in the recent times. A delegation of builders under the Confederation of Real Estate developers’ Association of India (CREDAI), met Chidambaram on Wednesday to complain against banks’ reluctance […]

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Low-Cost Housing For Every Middle-Class In Metro

February 1, 2008 – 1:39 am

Year 2008 has some excellent news in store for private developers and middle-income home buyers. For, minister of state for urban development Ajay Maken has freshly started the procedure of providing ground to private developers in Delhi with 40% floor space index (FSI) for developing low-cost housing. “With this move, private developers can use surplus […]

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