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Press Releases

Press Releases

January 10, 2020

CREDAI Signs a Memorandum of Understanding with Building and Construction Authority (BCA), Singapore at the 3rd edition of CREDAI ‘Youthcon 2020’


-              The theme of this year's YouthCon is Powercon 2020- ‘Empowering Minds to Enrich Business’

-              Pledges to spearhead Indian Realty’s growth through technology and entrepreneurship


10th January 2019, Goa: CREDAI, the apex body of private real estate developers in India, today, hosted its 3rd edition of ‘Youthcon 2020 - Empowering Minds to Enrich Business’ in Goa. Reverberating the success of its previous editions, CREDAI signed a Memorandum of Understanding (MoU) with the Building and Construction Authority (BCA), Singapore. The MoU will create a platform for real estate companies, consultants, vendors and other stakeholders from both the countries…

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November 4, 2019

CREDAI addresses key real estate concerns at the first ever National RERA conclave

·        RERA to be exclusive legal forum for real estate complaints

·        Viable projects be given the option of onetime restructuring of their loans


Lucknow, November 4, 2019: Representing 12500 members, 21 state and 204 city level chapters, CREDAI, whole heartedly supported the government in its endeavour to develop a roadmap for accelerated development of the sector, at the first ever National RERA Conclave, organised by Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) along with Government of India and Government of Uttar Pradesh. The Conclave created a platform for property developers, buyers, regulatory authority and other stakeholders to…

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August 6, 2019

CREDAI - CBRE report “Exploring the Future” identifies key trends paving the way for growth of Real Estate in 2030


Tel Aviv, Israel, August 6, 2019: CREDAI in association with its knowledge partner CBRE, today released a report “India 2030 – Exploring the Future” at its 19th Annual International Convention, NATCON 2019 in Israel. The report encapsulates the potential of Indian economy by 2030 and its implications on the growth of Indian Real Estate sector. As per the report, India is projected to have a USD 9 trillion economic opportunity by 2030, wherein the per capita income could touch USD 5,625 for a population of about 1.5 billion and required annual spending on infrastructure will touch 7-8% of its…

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May 30, 2019

CREDAI Signs MOU with IGBC to Accelerate Green Building Movement in India


 - MoU signed at the CREDAI Youth Wing and CREDAI Women Wing Installation Ceremony

 - To Construct Green Building projects in 5 Cities – NCR, Bangalore, Hyderabad, Mumbai & Pune

May 30th, Hyderabad: CREDAI, the apex body of private Real Estate developers with a strong base of over 12000 member developers present in 23 States & 205 City Chapters across India, today signed a Memorandum of Understanding (MOU) with the Indian Green Building Council (IGBC) to accelerate the push towards the Green Building Movement in the country. The MOU, which will also see the two organizations come together…

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March 31, 2019

CREDAI announces “Change of Guard” for 2019-21


 - Satish Magar takes over as new CREDAI President with a mission to “Transform Indian Real Estate”

 - CREDAI to Plant 5 lac Trees across India in the next two years

 - CREDAI to expand by 100 more cities with a robust penetration into Tier 2, 3 & 4 cities

 - Aims at Building a Stronger Skilling Ecosystem - Targets Skilling of 1 lac Construction workers over the next two years


Pune, 31st March: CREDAI, the apex body of private Real Estate Developers with a strong base of over 12000 member developers present in 23 States…

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March 11, 2019

CREDAI Identifies Homes for Families of Pulwama Attack Martyrs across 15 states


- CREDAI Identifies Homes for Families of Pulwama Attack Martyrs across 15 states

- CREDAI to provide free house maintenance for a span of 5 years

11th March: Following its humble gesture to offer houses to the families of Pulwama terror attack martyrs, the apex body of real estate developers, CREDAI has identified 30 homes for the same, while details of other houses shall also be determined in the near future. These houses are situated in the respective home cities or states of the soldiers including Uttar Pradesh, Rajasthan, Uttarakhand, Tamil Nadu, Bihar, West Bengal, Odisha, Madhya Pradesh, Jammu…

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March 2, 2019

CREDAI - Knowledge Partner at Global Housing Technology Challenge-India (GHTC-India), Ministry of Housing and Urban Affairs


 - Hon’ble PM Shri Narendra Modi inaugurated the Construction Technology India 2019

 - The Conference deliberated Innovative Construction Technologies in Housing & Construction Sector

2nd March,New Delhi:- To address the growing urban housing requirements in in India, the Ministry of Housing and Urban Affairs, GOI, has implemented the Pradhan Mantri Awas Yojana – Urban (PMAY-U) with a vision of providing houses to all Indians by 2022 which is expected to be 40% of India’s population by 2030.  To achieve this, a paradigm shift in technology using large scale construction under PMAY(U) is envisaged to get the best…

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February 13, 2019

CREDAI’s Youth Wing Pledges to Spearhead the growth of India’s Rural Economy through Tourism


 - 13 locations identified across India under this initiative

 - CREDAI Presented a report to Honorable PM on Rural India’s progress at CREDAI YouthCon

13th February, New Delhi: The apex Indian Real Estate body CREDAI, in the esteemed presence of Honorable Prime Minister Shri Narendra Modi, pledged to adopt and uplift over 13 rural locations at CREDAI YouthCon 2019 in New Delhi. Recognizing the significance and potential of India’s rural economy, CREDAI’s Youth Wing is now set to lead a charge towards strengthening the foundation of the Indian economy by providing a definitive blue print for the sustained…

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December 6, 2018

CREDAI Predicts Double Digit Increase in GDP Contribution by Emerging Cities of India


  • 2nd Edition of New India Summit - “Emerging Cities, India’s Future” held in Mysore, strengthening CREDAI’s commitment towards the growth of Tier II, III & IV cities of India


  • CREDAI shared a bouquet of recommendations at the annual summit to provide a boost to the Indian Real Estate sector – including the Reduction and Rationalization of GST along with the creation of ‘Stressed Asset Fund’ for developers

6th December, Mysore: CREDAI, the apex body of real estate sector today hosted it’s second edition of the New India Summit

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November 19, 2018

CREDAI Believes Delegation of Power to Ensure Environmental Compliance May Lead to Reduction in Home Rates


- Apex body expects that the move will lead to better implementation of Environmental laws and provide a boost to Affordable Housing

 - CREDAI believes this will lessen the multiplicity of approvals that are needed to attain clearance


New Delhi, 19th November: CREDAI, the apex body of private real estate developers in India, today welcomed the Central Government’s decision to delegate the decision making power to the urban local bodies/ State Governments to ensure environmental compliance for building or construction projects with built up area ≥ 20,000 sq. meters. to 50,000 sq. meters. CREDAI…

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