Press Releases

Press Releases

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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August 2, 2018

CREDAI-JLL REPORT REVEALS 25% SURGE Y-O-Y IN CUMULATIVE RESIDENTIAL SALES IN TOP SEVEN CITIES OF INDIA IN H1 2018 AT NATCON 2018, BERLIN

 

- Over 1000 real estate developers from 100 cities discuss challenges and the growth opportunities amidst the backdrop of tremendous growth in residential sales in NATCON 2018 – Break the Stereotype

- Another CREDAI-Cushman & Wakefield report displayed heightened PE investment of INR 10,080 Cr in Q2, 2018

- CREDAI also demanded allocation of tax benefits to facilitate growth of “Affordable Housing”

 

Berlin, 02nd August, 2018: CREDAI, the apex body of real estate sector released two joint reports with leading IPCs, JLL and Cushman & Wakefield at the CREDAI NATCON 2018, its 18th annual international convention held…

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July 25, 2018

CREDAI to host 18th NATCON- ‘Break the Stereotypes’ at Berlin

 

-  Over 1000 real estate developers from 100 cities to attend this annual convention authored by CREDAI Gujarat.

-  For the first time ever, JLL, CBRE and Cushman & Wakefield join hands as Knowledge partners to jointly submit report on Real Estate at CREDAI’s Natcon’18.

 

July 25, 2018: CREDAI (Confederation of Real Estate Developers' Associations of India), the apex body of private Real Estate developers in India, is holding its 18th edition of NATCON – the annual international convention, from 2-4 August, 2018 at Berlin, Germany. The 3-day convention is set to host over 1000 real estate developers from 100 cities…

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July 5, 2018

CREDAI Bihar to build 25000 Affordable Housing Units to help achieve Government’s mission of ‘Housing for All by 2022’

 

- Shri Sushil Kumar Modi, Deputy Chief Minister Bihar, addressed over 100 CREDAI member developers from across India at their Executive Committee and Governing Council Meeting

- CREDAI demands lowering of circle rate in Bihar to aid growth and development of the real estate industry

- CREDAI pledges to provide skill training to 25000 construction workers in this financial year

 

05th July, Patna: Confederation of Real Estate Developers' Associations of India (CREDAI), the apex body of private real estate developers representing over 12000 members across India, today pledged the development of 25,000 Affordable Housing…

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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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