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HARSH VARDHAN PATODIA
Realtors' body urges RBI to halt repo rate hikesThe central bank last raised the rates in February, making loans expensive. This has resulted in added financial burden and burgeoning cost...
Budget 2023: FM Sitharaman raises PM Awas Yojana outlay by 66 pc to Rs 79,000 croreFinance Minister Nirmala Sitharaman on Wednesday announced increasing PM Awas Yojana outlay by 66 per cent to Rs 79,000 crore for FY24. The...
Budget 2023: Higher tax sops for homebuyers, Infrastructure status on realtors' wish list"The performance of the realty market since the pandemic is on an upward curve despite withdrawal of fiscal stimulus and monetary tightenin...
Around 58 pc builders expect housing prices to rise further in 2023: SurveyAccording to the 'Real Estate Developers Sentiment Survey', by Realtors apex body CREDAI, real estate consultant Colliers India and propert...
HDFC Capital, CREDAI collaborate to accelerate investments into realty projects in tier 2,3 citiesThe real estate private equity investment manager will be investing in mid-income and affordable projects in these cities through its $3 bi...
CREDAI, Venture Catalysts partner to form $100 million proptech fundThe proposed fund will be investing in start-ups bringing in innovative disruption in the real estate sector. It will invest in early to gr...
Venture Catalysts partners with Credai on a $100 million fund for real estate startupsThe fund will invest in early- to growth-stage startups catering to all the significant real-estate segments including residential, commerc...
Builders see short-term impact on housing sales on likely hike in home loan rateThe RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing...
Credai, Naredco expect steel prices to come down after govt's measuresOn Saturday, the government waived customs duty on the import of some raw materials, including coking coal and ferronickel, used by the ste...
Cheaper steel, cement supplies to help realtors trim construction costsLately, property developers have complained about high input costs in light of the surging global commodity prices and automotive fuels. Pr...
Govt's intervention on steel, cement to help realty developers lower construction cost stressRealty developers have been voicing their concerns over spike in prices of steel and cement, key construction raw materials, in the backdro...
Property developers want govt to step in as input costs pinchThe Russia-Ukraine war has caused the prices of some of the raw materials to more than double, making it impossible for developers to sell ...
Realty developers expect measures to improve ease of doing business, says CREDAIThe survey was conducted amongst 1,322 developers from 21 states including 8 tier-1 cities in India including Mumbai Metropolitan Region (M...
Realty developers’ body CREDAI says no impact of Omicron variant on business so far“Developers have learnt from the previous two waves of the pandemic and are fully prepared to manage any disruption pertaining to supply ch...
Property prices could go up as developers deal with rising raw materials costThe developers have been expressing concern over the sustained increase in price of construction raw materials including cement and steel.
- Realtors seek PM’s help as 2nd wave hits business hard
Developers, through the Confederation of Real Estate Developers Associations of India (Credai), have urged the government to support the se...
Steel makers hike prices of HRC, CRC by up to Rs 4,500 per tonneAfter the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne.
CREDAI to provide free Covid vaccination to 2.5 crore construction workersThrough this vaccination drive, CREDAI aims at accelerating Government’s mission of free vaccination to the needy population at the earlies...
CREDAI welcomes rationalisation of property valuationsThe Confederation of Real Estate Developers' Associations of India (CREDAI) today welcomed the West Bengal government's move to rationalise...
Realty developers to move finance ministry against new property taxThe government has proposed a new tax on developers on the basis of assessed valuation of a property at the time of transfer.