The Latest Breaking News from CREDAI

In a move aimed at addressing water needs of construction projects, the Bangalore Water Supply and Sewerage Board (BWSSB) has declared its readiness to provide 10 MLD (million litres per day) of treated water to them. This initiative is set to benefit the construction sector, ensuring uninterrupted progress while promoting…

CREDAI South Zone emphasizes community service through Corporate Social Responsibility, inaugurating 'Wall of Kindness' in Vijayawada.

CREDAI's VP urges Union & State govts to reduce tax burden on construction industry to spur economic activity & create jobs. SBI Regional Manager & Chief Manager express happiness over positive response from buyers & bookings in property exhibition.

CREDAI Vizianagaram's property show sees good response from prospective buyers from Visakhapatnam. Apartments in Vizianagaram are available at ₹15 lakh discount compared to other places. Home loans at 8.4% interest, rental income & other advantages make buyers from other districts purchase flats & villas. Bank reps express happiness over response.

North Chennai is witnessing a surge in real estate development due to expansion of Chennai Metro, ongoing infrastructure projects, availability of affordable land, presence of e-commerce segment and Grade A developments. Prices range from ₹5,000 to ₹15,000 per sq ft. Challenges include water shortages, inadequate drainage and lack of recreational…

CREDAI Vizianagaram to host 3-day property show from Nov 26. Deputy Speaker of AP Legislative Assembly to inaugurate. 80 stalls, 25K visitors expected. CREDAI never compromises on quality & building norms, banks sanction loans quickly. Good response from govt & private orgs anticipated.

CREDAI Chennai challenges G.O. increasing registration fees for power of attorney & construction agreements, seeks to protect real estate sector & affordable housing.

CREDAI Kochi anticipates 40,000 dwelling units in city/suburbs due to expansion of IT-related work spaces. Infrastructure needed to handle rising demand, incl. decongesting roads. CREDAI welcomes Kochi Corp's decision to take all stakeholders into confidence before finalising masterplan. Builders expect substantial growth in Kerala due to tourism sector post-COVID. Shortage…

Kochik-Smart, a unified software, will be rolled out in all corporations & municipalities in Kerala on Jan 1. It will cut red tape, make permits transparent & efficient. It uses Chat GPT, AI & blockchain tech. Training is underway for those who will use it to issue permits. CREDAI was…