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Press Releases

Press Releases

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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July 15, 2017

CREDAI Launches Skill Training of 2500+ Construction Workers in 30 new Tier 2 & Tier 3 Cities on World Youth Skills Day

- The Skill trainings will be supported by PNB Housing Finance Limited (PNBHFL), Pradhan Mantri Kaushal VikasYojna (PMKVY) 2.0, Centre for Entrepreneurship Development, Govt. of Gujarat and Eastern Coal Fieldfields Limited

- Announces the launch of its First Mobile App to Link Offsite Skill Trainings and Placements - Inaugurates Mobile Skill Classroom in Nashik


15th July 2017, New Delhi: On the occasion of World Youth Skill Day, CREDAI announced the launch of skill training of over 2500 construction workers in 20 new Tier 2 and Tier 3 cities across India.The Skill trainings will be supported by…

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June 5, 2017

11,500+ CREDAI Member Developers take the ‘BLUEGREEN’ pledge on World Environment Day as their commitment to Govt. of India’s Swachh Bharat Mission

- CREDAI Member Developers to distribute Blue Green bins to the new homebuyers for segregation of dry and wet waste

- Launches CCCM Ltd, a not for profit company for the promotion of clean and green India drive at the national level

- Activation of CCCM implemented in 13 Tier 1 and Tier 2 Cities


05th June 2017: On the occasion of World Environment Day, CREDAI extends its commitment to Hon’ble Prime Minister of India’s Swachh Bharat Mission by taking the BLUEGREEN pledge. To drive sustainable environment initiative, more than 11,500 CREDAI member developers took…

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May 1, 2017

CREDAI Hosted the Convocation Ceremony of its First All Women Masons Batch in Chhattisgarh

- A novel initiative to promote Gender Equality in the Construction Sector

- Training supported by PNB Housing Finance Limited under its CSR initiative


Mumbai/Pune/Delhi, May 01, 2017: Confederation of Real Estate Developer’s Associations of India (CREDAI), today hosted the convocation ceremony of its first all women masons batch in Raipur, Chhattisgarh. The event witnessed the gracious presence of Minister of Skilling/Principal Secretary of Labour, Chhattisgarh, Mr. R.P. Mandal; CREDAI – VP Central, Mr. Anand Singhania; PNB Housing Finance Limited (PNBHFL), Business Head – Raipur, Mr. Akhilesh Shrivastav; CREDAI COO – CREDAI Academy of Skilling, Dr.…

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April 24, 2017

SBI & CREDAI come together for sustainable development and affordable housing

Sign a 3-year MoU for the overall development and progression of the sector

Taking forward Government of India’s dream of “Housing for All”, SBI and CREDAI have signed an MOU to collaborate and work towards the development of the Real Estate Sector, specifically through the affordable housing  and green housing projects. The duration of the agreement is for a period of 3 years.

Recently, CREDAI has launched 373 Affordable Housing projects through its member developers across the country for providing 2.33 Lacs housing units. The investment in these projects is pegged at over Rs. 70,000 crores. These projects were…

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