CREDAI to support the academy by providing high quality training…
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Gaurav Kapoor booked a flat in one of the newly launched projects of Delhi-NCR in early 2007. He was promised the flat would be ready for possession within three years with a grace period of six months. To play safe Gaurav even opted for a construction linked payment plan to the developer but six years have gone and he is yet to get his flat and every time he has approached the developer, various reasons for delay have been cited from macro economic conditions to funding woes and approval delays on part of the government agencies.
Track2Realty Exclusive: While the provision of a real estate regulator snowballed into a political controversy over the jurisdiction of centre-state relations, some sector analysts believe the developers have hurt their own cause by stiff resistance to the appointment of a central regulator.
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Track2Realty: Strongly opposing the country’s first ever SEZ exit policy formulated by the Maharashtra Government, CREDAI has expressed fear that the move will cause urban chaos rather than solving any.
Track2Realty: CREDAI has expressed strong resentment to the Union Government’s proposal for compulsory reservation of 35% of dwelling units built for the economically weaker sections (EWS).
Track2Realty-Agencies: Ironic it may sound, but the developers are getting hurt by allegations of corruption in the realty sector. Confederation of Real Estate Developers’ Association of India (CREDAI) has asked its about 10,000 members not to pay bribe to officials for getting project clearance.
Track2Realty-Agencies: With an aim to showcase properties across Nashik under one umbrella and provide buyers the opportunity to purchase real estate in Nashik the Confederation of Real Estate Developers’ Association of India (CREDAI) has organised a mega realty expo called ‘Shelter’ in the city from December 20-23.
Being blamed for being a haven for black money cartel, realty players broke their silence and instead tried to put the blame on the government for not introducing the desired reforms in the sector. However, they did not spell out if reforms are prerequisite to check the cartel of black money in the sector, why are they opposing the realty bill and a regulator.
The recent announcement of a memorandum of understanding (MoU) between the Confederation of Real Estate Developers Association of India (CREDAI) and the Karnataka State Fire and Emergency Services (KSFES) Department on fire safety certification has raised quite a few eyebrows in the real estate industry.