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CREDAI NEWS
Construction costs up 25% since global conflicts began, developers flag material shortages: CREDAIConstruction costs have surged over 25 percent due to global conflicts. Supply chain issues, labor shortages, and rising material prices ar...- Karnataka real estate enters high-growth phase as CREDAI expands reachKarnataka's real estate sector is experiencing a high-growth cycle, driven by infrastructure development, IT demand, and investor confidenc...
- Builders in Greater Noida get three months deadline to complete projects, registries and address maintenance issuesBuilders in Greater Noida have until March 2024 to complete pending residential projects and registries, as well as address maintenance iss...
- We are not asking for free money, we are just asking for time: Satish Magar, CredaiIn order to kick start the economy, the housing sector needs to come up.
- Noida buyers may get the keys to their new homes as Diwali giftBuilders likely to offer possession even without occupancy certificate and NOC, citing RERA order.
- Disappointed with government's measures to boost real estate: CREDAIThe Credai Chairman said the government should remove the unit price cap of Rs 45 lakh for availing the additional deduction of Rs 1.5 lakh...
- Finance Ministry mulls stress fund for infra sector: Housing Secretary Durga Shanker MishraHousing Secretary Durga Shanker Mishra said that discussions are on to use a stress fund to deal with the financial difficulties being face...
- Realtors reiterate demand to bring project approving authorities under RERAThe developers’ bodies in Mumbai and Navi Mumbai raised their demand again after a local developer from Chembur locality of Mumbai committe...
- need2know: 7 macro triggers to take note of before you start your dayForeign investors have pumped in a staggering $2.45 billion in capital markets in the last four sessions on the back of improved investor s...
- Home buyers to benefit from government's move on Okhla Bird SanctuaryOnce the notification is issued, the government will allow the home buyers outside the ESZ to get occupancy certificates of their flats.
- 50,000 Noida Extension flats to be delivered in 6 months: CredaiAccording to Credai estimates, this could lead to about 1 lakh people moving into Noida Extension by next year.
- Cement price hike: Builders threaten to stop workWith the increase of Rs 70 per cement bag, it will affect the already sluggish construction activity, said CREDAI officials.
- Developers hail RBI's decision to keep policy rates unchangedRealtors' body CREDAI today hailed the RBI's decision to keep policy rates unchanged saying this indicates interest rates have peaked.
- Realtors expect positive sentiment from RBI's bold policy moveRBI today surprised the markets by leaving key policy rates unchanged, notwithstanding persistent high inflationary pressure.
- Budget 2013: Realtors seek tax breaks, UPA pitches for housing for the poorIf the finance minister grants these wishes of tax benefits, it would benefit scores of less-privileged Indians to buy their own houses.
- RBI monetary policy: Realty firms unhappy over decision to keep rates changedWe don't see any positive policies which will boost the real estate sector and economy, Credai president Lalit Jain said.
- Union Budget 2012-13: Pranab Mukherjee ignores ground realty, say buildersPredicting an escalation in property prices, top players in the realty sector said they had been ignored by the finance minister.
- Budget 2012-13 imposes 1% TDS on property salesTightening screws on black money in the realty market, the government has proposed one per cent TDS on transfer of immovable property.
- Relief in sight for Greater Noida flat buyers as UP clears planIn what could cap the land row in Noida Extension and bring relief to homebuyers, the housing department of the Uttar Pradesh government on...
- New law will stifle realty sector: Santosh RungtaThere are provisions in the Act that, if implemented in its current form, will change the price dynamics of the country’s real estate secto...
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