August 12, 2009 – 7:13 pm
According to CREDAI, real estate sector is picking up in both residential and commercial sector. Both real estate sectors are getting more and more enquiries. Along with enquiries, demand in both sectors has also increased. However, there are various major and minor factors behind this, but two major factors are, affordable [...]
January 3, 2009 – 3:07 am
Members from the Confederation of Real Estate Developers Association of India (CREDAI) will be meeting the RBI Governor D Subbarao next week to demand more Government support for the struggling real estate sector. The developers are likely to push for lower interest rates and restructured debt for the developers.
Speaking to The Indian Express, Pradeep Jain, [...]
By rajani
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Posted in Property News
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Also tagged Confederation, Financial Institutions, Government Support, Home Loan Mortgage, Housing Schemes, Income Housing, Indian Express, Liquidity, Loan Borrowers, Moratorium Period, Mortgage Interest Rate, Parsvnath Developers, Pradeep Jain, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Townships
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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 country [...]
By rajani
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Posted in Property News
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Also tagged Affordability, Bhubaneswar, Cdp, Economic Slump, Estate Projects, Heels, Housing Developers, Housing Projects, Iit Kharagpur, Members, Mohammed, Orissa, Present Population, Raw Material Prices, Residential Purposes, Residential Real Estate
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November 21, 2008 – 12:01 am
Real estate companies seem little inclined to listen to the government’s call to reduce prices. Even as realty firms such as DLF, Parsvnath and Emaar MGF demand rollback of taxes, they are reluctant to commit any price cut.
An association of developers, Confederation of Real Estate Developers Association of India (Credai), has asked member developers to [...]
By rajani
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Posted in Property News
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Also tagged Confederation, Delhi Chapter, Economic Sentiment, Emaar Mgf, Home Buyers, Parsvnath Developers, Pradeep Jain, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Realty Cos, Realty Firms, Residential Market
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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 [...]
By rajani
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Posted in Property News
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Also tagged Affordability, Confederation, Delegation, Emi, Estate Assets, Finance Minister, Home Loan, Liquidity, P Chidambaram, Real Estate Developers, Real Estate Developers Association, Real Estate Finance, Slowdown, Steep Rise, Weightage
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November 3, 2008 – 1:46 am
With banks reluctant to lend to the real estate sector, developers are looking at alternative instruments of funding such as lease discounting for completing ongoing projects, especially the commercial ones.
The sector, which has been hit by the global financial crisis, has seen more than a 60% fall in demand in the last six months, say [...]
By rajani
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Posted in Property News
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Also tagged Allahabad, Bank Loans, Chamaria, Commercial Projects, Global Financial Crisis, Lease Agreements, Ongoing Projects, Psu Banks, Real Estate Developers, Real Estate Sector, Realty Companies, Residential Projects, Sbi Capital Markets, Sources Of Funding, Uco Bank
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With inflation touching 12.98%, realtors here are finding it difficult to hold their price line and plan to increase rates for residential units by Rs 100-500 per sq ft later this month.
According to Confederation of Real Estate Developer’s Associations of India (Credai) Bengal, there has been a 25% increase in the construction cost of residential [...]
By rajani
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Posted in Property News
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Also tagged Construction Cost, Direct And Indirect Taxes, Estate Space, Inflation, Prime Minister Manmohan Singh, Real Estate Developer, Registration Charges, Residential Buildings, Residential project, Residential Units, Rungta, Stamp Duty, Steel Companies, Steel Makers, Steel Prices, West Bengal
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KOLKATA, April 23: With the real estate boom in the country, St Xavier’s College in alliance with CREDAI(Confederation of Real Estate Developer’s Associations of India), Bengal is planning to launch a one year post graduate diploma course in real estate management very soon. The college previously runs a six-month certificate course on real estate management.
This [...]
Mumbai Real estate developers on Friday demanded an inquiry into the rise in steel prices and warned that if the prices were unchecked, plans for the Commonwealth Games 2010 would be hindered and would hit the residential construction business. Members of the Builders Association of India (BAI) met here and sought a probe by the [...]
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