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Press Releases

Press Releases

March 14, 2018

Indian Real Estate Sector Set to Reach Market Size of $180bn by 2020: CREDAI – JLL Report


- Joint Report by CREDAI & JLL titled ‘Traversing through the epic, predicting the curve’ unveiled at CREDAI Conclave 2018 in New Delhi

- US$ 20 BN worth REIT- able office stock in India by turn of next decade

- Housing sector’s contribution to the GDP expected to almost double to 11.2% by 2020


14th March, New Delhi: CREDAI in association with their knowledge partner JLL, India’s largest real estate service firm, today jointly unveiled a report titled ‘TRAVERSING THROUGH THE EPIC, PREDICTING THE CURVE’ at CREDAI Conclave 2018 in New Delhi. The report, that traces 7…

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February 9, 2018

CREDAI Youth Wing - CBRE report finds millennials and youth as future demand drivers for affordable housing


- The report, ‘The Youth Barometer’, identifies trends created and driven by the millennials in the Indian Real Estate sector among others

- Report finds 82% Indian millennials still live with their parents with a majority of millennials still aiming to own a quality home


Hyderabad, February 09, 2018 – CREDAI Youth Wing in association with its knowledge partner CBRE, today released a report ‘The Youth Barometer’ at its 2nd annual CREDAI Youth Wing Convention, YOUTHCON 2018 in Hyderabad. The report highlights the major trends created and driven by millennials, addresses issues such as why millennials live with…

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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 –…

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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…

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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…

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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…

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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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