Tag: Credai

INDIA REALTY EXPO – DUBAI 2010

The much acclaimed bi-annual India realty exhibition is going to be held in Dubai from 9th to 11th of December 2010, at Renaissance Dubai Hotel, deira, with the motto of “Your dream home in India now comes with a guarantee”, a great platform for Indian developers and HFIs trying to reach out to affluent Gulf [...]

Apartments in Demand Again

Aarti Yadav, an IT sector worker adjourned her plan to buy a new home,  is searching  for a 2BHK apartment in Hinjewadi according to her budget. Job security, easy sanction of home loans and other signals of economy being back on track are attracting many others, who were in a wait-and-watch mode, to buy flats, [...]

Realty Sector demands ‘stimulus package’

National Real Estate Development Council (Naredco) and the Confederation of Real Estate Developers’ Associations of India (Credai) has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term or construction loans to facilitate the roll-over of existing debt. The request has also to be [...]

Home loan sales reviving

Bankers believe their strained home loan portfolios will see relief in the coming quarters, with interest rate cuts coming into force. “We expect our home loan offtake to increase by 22 per cent y-o-y next quarter with the fall in interest rates,” said B.R. Pai, General Manager, Syndicate Bank. The bank, which has sixty-five hundred [...]

Bigger Players Are Looking For Trained Agents

With the city’s real estate market being dominated by smaller and unheard of players whose actions could fright away prospective buyers, the bigger players are joining hands to give a professional touch to the realty business. “We need to bring in additional people who are properly trained agents. This can be achieved by having a [...]

Cost Of Housing Projects Increase Due To Delay In Clearance

A day after HDFC chief Mr. Deepak Parekh stated that environmental clearances were leading to time delays and hence cost overruns in housing projects, industry body Confederation of Real Estate Development Association of India (CREDAI) has put a number to it. CREDAI Secretary Rohit Raj Modi said that these add at least 10% to 15% [...]

Kerala Properties On Offer At Qatar Show

A lot of township development projects and designs of residential complexes in Kerala were displayed at a property show in Qatar which aimed at attracting investments from NRIs. Kerala Property Expo in Doha is featuring about 50 builders. The show organized by the Kerala Builders Forum (KBF), is sponsored by HDFC bank and State Bank [...]

Demand of Builders

Builders have demanded to remove the uneven tax structure for Information Technology SEZs and non-Information Technology SEZs similar to Information Technology Parks, Software Technology Parks and commercial complexes in this financial year’s budget. Builders took up this matter in a meeting with housing and urban poverty alleviation minister. Previously, the government had considered the option of [...]