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CREDAI’s Response to TOI on RERA

CREDAI’s Response to TOI on RERA

Letter to the Editor, Times of India Your editorial of May 2 entitled “Subverting RERA” is premised on the concern for the home buyer and as such there can be no dispute with the concern. While the concern for home buyers is laudable, half-truths and falsehoods in the name of the consumer would only end […]

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The Man From Yamuna Pushta

The article being written by Prashant Solomon, CREDAI NCR Treasurer puts light on the Yamuna Pushta which is an embankment of jhuggis (hutments) behind Raj Ghat, Delhi, on the banks of the Yamuna River. He had gone there in 1995, as a reporter for a Delhi-based evening newspaper, to cover a story about drug trafficking […]

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HOUSING SECTOR 2017-18

BUDGET PROVISIONS REGARDING THE REAL ESTATE / HOUSING SECTOR 2017-18

A. Infrastructure Status to ‘Affordable Housing’: ‘Affordable Housing’ has been accorded ‘Infrastructure Status’ under the Harmonized Master List of Infrastructure Subsectors, which has been a long standing demand of the sector. With the passage of the Real Estate Act, 2016 and the infusion of regulations the atmosphere was ripe for this recognition. This measure will […]

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WATCH IN 2017!!!

Key events that will influence the market, have an impact on Economic Growth, foreign investment flows, Equity and Debt Market Movements. 2016 An eventful year for the financial markets. Crash in Chinese market. First U.S. federal Reserve (U.S.fed.) Rate hike (December 2015) in a decade. Brexit-Global Market witnessed. Britain’s exit from the European Union. Electorate […]

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CREDAI Media Interaction in Mumbai

The CREDAI fraternity comprising 11,500 real estate developers spread over 166 cities in 23 states fully and unequivocally supports the decision of the Government to demonetize currency notes of Rs. 500 and 1000 in the national Endeavour to eliminate black money, corruption, fake currency and terror financing. The Government resolve to eliminate black money and […]

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Ban on INR 500 and 1000 notes

Ban on INR 500 and 1000 notes

While banning currency notes of Rs. 500 and 1000, Prime Minister was at pains to explain that this extreme step was necessary to fight corruption, black money, terrorism and counterfeiting. Subsequently, the Government has also claimed that the ban would bring prices of real estate, higher education and health care within reach of common citizens. […]

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