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Press Releases

Press Releases

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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November 19, 2018

CREDAI and PNB Housing Finance Limited Co-Hosted Alumni Meet for Construction Workers in Nashik

 

Nashik, November 19, 2018: CREDAI (Confederation of Real Estate Developers' Associations of India), the apex body of private Real Estate developers representing over 12,000 members across India and PNB Housing Finance Limited co-hosted the alumni meet for newly-skilled construction workers in Nashik, Maharashtra.

The meet, conducted on November 19, imparted a range of construction skills — such as masonry, bar bending, shuttering, painting, electrical and fabrication — to the youth and also provided them with better job opportunities.

CREDAI's Skill Development Program which has trained more than 1 lakh construction workers since 2011 is a rare example of an…

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October 25, 2018

CREDAI Seeks Government Intervention to Ease Credit Freeze in Indian Real Estate

 

  - Emphasizes on the importance of liquidity support to reinstate industry growth

 - Recommends a bouquet of options to the Government to resolve the issue

 

25th October, New Delhi: In a letter written to the PMO, 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 ease the credit freeze in the Indian Real Estate sector amidst the lack of availability of funds to developers for completion of real estate projects. This scenario is leading to an adverse impact on the entire real estate eco-system, with…

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October 5, 2018

CREDAI Vishakhapatnam pledges to build 14500 Affordable Housing Units to help achieve Government’s mission of ‘Housing for all by 2022’

 

- Realtors’ body to lead the charge for the growth of the segment in the State

- Announcement made at CREDAI’s EC-GC meeting held in Visakhapatnam amidst the presence of leading Government dignitaries and industry stakeholders

- CREDAI Visakhapatnam addressed a number of industry issues to usher a renewed era of economic growth and development in the region

 

5th October, Visakhapatnam: CREDAI (Confederation of Real Estate Developers' Associations of India), the apex body of private Real Estate developers representing over 12,000 members across India, today pledged the development of  14500 Affordable Housing Units across regions such as Vijayawada,…

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