Press Releases

Press Releases

February 2, 2018

PNB Housing conducts alumni meets for construction workers in Nashik

 

Nashik, February 2, 2017: PNB Housing Finance, one of the leading housing finance companies in the country, recently organised two alumni meets of newly-skilled construction workers in Nashik, Maharashtra. PNB Housing, as a part of its Corporate Social Responsibility, programme has been supporting the skilling programme for construction workers, run by the Confederation of Real Estate Developers' Associations of India (CREDAI). 

 

The alumni meets were conducted to encourage contractors and CREDAI members to hire from the training centres. Last year, PNB Housing – true to its commitment to the cause of improving the lives of construction workers –…

Read more
December 14, 2017

CREDAI’s Indian Property Show witnesses strong participation from 210 developers and 13500 visitors

 

-Over 1000 projects across India displayed over the course of the three day event

Huge interest shown by NRIs for knowledge seminars on RERA, GST and Indian Realty Trends

- CREDAI held the Smart India Realty Meet & Awards to acknowledge the leading developers in UAE and India

 

14th December, Mumbai: CREDAI’s Indian Property Show held in Dubai between 7th-9th December witnessed a huge reception with over 13,500 visitors attending the exhibition over the course of the three day affair. The event witnessed displays of over a 1000 projects of INR 15 lac and above from more than…

Read more
December 10, 2017

CREDAI witnesses astounding success at its 1st international exhibition

              

-The 3-day CREDAI’s Indian Property Show being held in Dubai attracts thousands of visitors within first two days.

-RERA implementation boosts NRI confidence towards the Indian property market.

 

9th December 2017: More than 200 Indian property developers across 14 states and 60 cities assembled at the CREDAI’s Indian Property Show in Dubai. CREDAI’s first international exhibition of Indian properties featuring thousands of residential and commercial projects has sparked further interest among property buyers following the recent reforms that promote transparency in the Indian real estate sector.

The 3-day exhibition…

Read more
November 30, 2017

CREDAI announces its first international exhibition of Indian Properties in Dubai

 

-3-day Indian Property Show from 7th-9th December to present 14 exclusive state pavilions and 60 key cities

-200 plus developers, all CREDAI Members to display more than 1000 projects in a first ever large international exhibition post RERA Implementation

-One of the biggest Exhibition of Indian Properties to be ever held in Dubai in recent times

 

Mumbai, November 20, 2017: The Confederation of Real Estate Developers' Associations of India (CREDAI) will be holding its first international exhibition of Indian properties in Dubai this December. With the aim to present the Best of India to over 2.6 million Indians living in the UAE, the 3 day exhibition known as the…

Read more
November 10, 2017

200 + CREDAI member developers across India join hands with CREDAI Clean City Movement (CCCM) efforts

 

-Extends its commitment to Hon’ble PM’s Swachh Bharat Mission

-CREDAI members to implement decentralized Solid Waste Management models in all current and future projects

-Aims to cover at least 30 cities over the next two years

 

Nagpur, 10th November 2017: To realize its commitment towards Hon’ble Prime Minister of India, Shri. Narendra Modi’s mission of “Swachh Bharat Abhiyan, over 200 CREDAI member developers signed a Memorandum of Understanding (MOU) with CREDAI Clean City Movement Ltd. Under this MoU, the member developers will implement Solid Waste Management in-situ model at their present and future projects.…

Read more
November 10, 2017

45 Potential Mega Cities to drive Affordable Housing demand in India: CREDAI – JLL Report

 

-Report titled ‘The Dawn of India’s Future Cities’  highlights the potential of Tier II, III & IV cities of India, stresses need for new Urban Centers

-Shortlists 45 cities including Nagpur, Lucknow, Jaipur, Kochi & Bhopal, which can potentially become the next mega cities

 

Nagpur, 9th November, 2017: The Confederation of Real Estate Developers Association of India (CREDAI) and JLL India released their co-authored report ‘The Dawn of India’s Future Cities at the New India Summit, Nagpur today. The report highlights the need for new urban centers in the country and shortlists 45 potential mega…

Read more
September 26, 2017

CREDAI - CBRE Commissioned a joint report “Assessing the Economic Impact of India’s Real Estate

 

-Real Estate Sector jobs to increase by more than 80% by 2025

-Share of the Real Estate Sector in India’s GDP expected to double by 2025

 

New Delhi, September 26, 2017 – Real Estate Sector jobs are set to increase by more than 80% by 2025 according to the CREDAI – CBRE report titled “Assessing the Economic Impact of India’s Real Estate”. CREDAI had commissioned the study in partnership with CBRE to assess the impact of deep economic reforms like RERA and GST on long term real estate scenario. As per the report, the…

Read more
September 13, 2017

CREDAI steps in to resolve complaints of NCR home buyers

 

New Delhi, September 13, 2017: CREDAI has stepped in to resolve the woes of homebuyers who are suffering delays in delivery of flats and are now faced with losing out to secured creditors under insolvency procedure. It has held a series of meetings with political leadership in Uttar Pradesh and presented a bouquet of options to the Government. The main thrust of these options is to bring in credible and resourceful developers into the delayed projects, as investors or co-developers who would complete the projects and use an escrow mechanism to ensure that cash flows from unsold…

Read more
August 17, 2017

CREDAI seeks Government Intervention to Regulate Steel Prices in India

 

- Steel prices have surged significantly in the past year; entails negative implications on  housing prices

- CREDAI requests Government intervention to discourage further hikes

 

New Delhi: The Confederation of Real Estate Developers’ Associations of India (CREDAI), in a letter to the PMO, today requested government intervention to regulate steel prices in the country amidst a surge in the last year. The escalating costs have also affected the housing industry which has had a cascading effect on prices of homes. Hikes of 60% in the past six months in steel prices has increased input costs for the real…

Read more
August 17, 2017

CREDAI seeks PMO intervention for successful implementation of the Real Estate Regulation & Development Act

 

CREDAI asks the PM, finance ministry & RBI to mediate the facilitation of the new law

The lack of synchronization in implementation of the act between state authorities has led to a disparity in registration of real estate projects, resulting in delays and having negative implications on all stakeholders

 

 

New Delhi, 17th August, 2017: Confederation of Real Estate Developers' Associations of India (CREDAI) today requested the Prime Minister of India, Shri Narendra Modi, to intervene in a bid to facilitate the successful implementation of the Real Estate Regulation & Development Act (RERA) in the country. Having fully welcomed and supported the revolutionary law, CREDAI seeks more clarity on various aspects such…

Read more