Kochi CREDAI proposes to rebuild public trust
Following the Apple A Day scam that left more than 800 customers cheated and homeless, Kerala (CREDAI) will pressurize the Union Government for implementing the Real Estate Regulatory Authority.
Following the Apple A Day scam that left more than 800 customers cheated and homeless, Kerala (CREDAI) will pressurize the Union Government for implementing the Real Estate Regulatory Authority.
Bhubaneswar for long has been on the fast track of real estate development with malls and apartments mushrooming everywhere. Only one luxury was missing-a multiplex.
With Indian cities gasping for parking space to keep pace with the soaring car population, Urban Development minister Kamal Nath wants to ensure that all new urban construction activity is accompanied with adequate parking facilities for vehicles.
The Orissa chapter of the Confederation of Real Estate Developers Association of India (CREDAI) aims to put an end to real estate cheating cases.
The annual CREDAI Realty Expo organized by CREDAI kicked off on Saturday with hundreds of prospective property buyers thronging the exhibition at Palace Grounds.
As part of its social obligations, CREDAI (Confederation of Real Estate Developers’ Association of India) is planning to train unskilled labourers from 10 select cities in the country, with the assistance of National Skilled Development Corporation (NSDC).
“Reduction in taxes and flexibility in approval process will provide affordable homes to the masses. If these two elements are addressed by the government, selling price of the homes will be reduced by at least 33%,” said Lalit Kumar Jain, President of CREDAI.
The Gujarat Government is determined to back its new jantri rates – or government assessment of the value of properties which have come into effect from April 1. There rates have been increased from 2.5 to eight times across the state.
The Confederation of Real Estate Developers’ Association of India (CREDAI) Friday urged the central government to introduce single window clearance and a uniform tax structure for the sector across the country.
India’s housing shortfall is estimated to be around 27 million and Chennai city alone faces a deficit of 60,000 housing units.