Press Releases

Press Releases

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.…

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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…

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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…

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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…

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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…

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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…

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August 16, 2017

CREDAI 17th NATCON – “Revive, Reinvent and Refocus” held in London, United Kingdom

- To strengthen the relationship between India and Internationallystrong real estate markets

- Launched CREDAI - CBRE report “Indian Real Estate 2017 and beyond”, highlighting the disruptions in four cornerstones of the real estate sector - Regulation, Finance, Customers and Technology, which will help facilitate a new transformed ecosystem


London, August 16, 2017: One of the most prominent conventions in the real-estate industry, CREDAI 17th NATCON – ‘Revive, Reinvent and Refocus’ was held from 10th – 12th August 2017 at Hotel Park Plaza, Westminster, London. Over 800-member developers, including (Number) from the state/city of (Name of…

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August 11, 2017

CREDAI - CBRE released a joint report “Indian Real Estate in 2017 and Beyond”at the CREDAI17thNATCON 2017, London

- Current disruptions in four cornerstones of the real estate sector - Regulation, Finance, Customers and Technology,will help facilitate a new transformed ecosystem, at par with major economies


London, August 11, 2017: CREDAI in association with its knowledge partner CBRE, today released a report “Indian Real Estate in 2017 and Beyond” at its 17th Annual International Convention, NATCON 2017 in London. The report encapsulates the major policy related disruptions by Government of India which are challenging the traditional operating environment by setting a new foundation for change. According to the report,a conjecture of measures - RERA,…

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August 1, 2017

CREDAI AppointsCBRE as its Knowledge Partner for the prestigious NATCON 2017

NEW DELHI,August 1, 2017:CREDAI (Confederation of Real Estate Developers' Associations of India), today announced the appointment of CBRE South Asia Pvt. Ltd.the world’s largest real estate consulting firm, as its strategic partner for the 17th edition of NATCON. The event which is CREDAI’s annual international conventionis being organized from 10th to 12th August 2017 at The Park Plaza, Westminster Bridge,London. The convention is expected to see participation from over 1000 top developers from India and several prominent people including the Indian High Commissioner to the UK, Minister of Investments, Government of UK,The Deputy Mayor of London, Members of the British…

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July 22, 2017

CREDAI strengthens Affordable Housing and Skilling movement in Uttar Pradesh

- Launches a new integrated skilling centre atChavra, near Trivandrum, Kerala.

- Union Minister of State Skill Development and Entrepreneurship, Shri. Rajiv Pratap Rudy appreciated the role of CREDAI in enhancing the livelihoods and appealed for mass participation in Skilling to further expedite Nation’s progress

- Hon’ble Minister of State for Finance, Shri. Santosh Gangwar highlighted the avenues in Affordable Housing and urged more and more developers to participate


Lucknow, July 22, 2017: Shri. Jaxay Shah, CREDAI National President, reiterated CREDAI’s pledge for realizing Hon’ble Prime Minister of India, Shri. Narendra Modi’s dream…

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