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The Latest Breaking News from CREDAI

Death toll reaches 16 in Kolkata godown shed collapse in Taratala area

Authorities have arrested six individuals, and the Crime Branch is investigating the incident. The Chief Minister vowed strict action against all involved, while CREDAI Bengal highlighted adherence to building codes, suggesting illegal construction might be a factor in such accidents.

The Economic Times

GenAI can add $14-17 billion to India's real estate economy: Report

Consultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of innovation' released on Thursday, stated that the adoption of GenAI could increase sales velocity by 30-50 per cent and reduce project costs.

The Economic Times

Stable home loan interest rate to sustain housing demand: Industry bodies CREDAI, NAREDCO

The RBI has kept the repo rate steady at 5.25 percent. Real estate industry bodies CREDAI and NAREDCO welcomed this move on Friday. They believe stable interest rates will support housing demand. This decision offers predictability for developers and homebuyers. It aims to maintain market stability amidst global economic challenges.

The Economic Times

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Gujarat CM inaugurates 'GUJCON' in Ahmedabad

Gujarat Chief Minister Bhupendra Patel inaugurated 'Property Show GUJCON' Read further on Dynamite News:

Dynamite News

New government needs to look into the issues of construction industry: CREDAI

CREDAI VP urges new government to address construction industry challenges for economic growth and job creation.

The Hindu

BWSSB to supply treated water for construction projects

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…

The Hindu

Books, clothes distributed to the poor as part of CREDAI’s ‘Wall of Kindness’

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

The Hindu

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CREDAI Hyderabad Property Show 2024 concludes

Successful CREDAI Hyderabad Property Show 2024 closes with surge in queries, site visits, and finalized deals. Leaders emphasize growth potential.

The Hindu

CREDAI property show evokes good response in Srikakulam

Srikakulam's 'Buildtech Expo-2024' by CREDAI attracts 3,500 visitors, showcasing properties and latest technology in real estate.

The Hindu

Real estate an important contributor to State revenue and growth: Minister Punguleti

Hyderabad real estate sector growth and revenue priorities addressed by Minister Ponguleti Srinivas Reddy at CREDAI property show.

The Hindu

CREDAI property show in Srikakulam from March 8

CREDAI Srikakulam hosts Buildtech Expo-2024 with quality constructions, on-the-spot loans, special concessions, and discounts for buyers.

The Hindu

Reduce tax burden on construction industry to spur economic activity, CREDAI urges Union and Andhra Pradesh governments

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.

The Hindu

Vizianagaram real estate poised for good growth, say CREDAI members

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.

The Hindu

North Chennai sees surge in real estate development

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…

The Hindu

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The Hindu

CREDAI to organise three-day property show in Vizianagaram of Andhra Pradesh from November 26

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.

The Hindu

CREDAI challenges hike in fees for registering power of attorney and construction agreements

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

The Hindu

Builders anticipate near future demand for 40,000 new houses in Kochi

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…

The Hindu

K-Smart to issue building permits in 30 seconds, rollout in January in Kochi

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…

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The Hindu

TS-RERA registration of real estate project is mandatory: Chairman

TS-RERA Chairman N. Satyanarayana urges builders/real estate firms to get registration from body to protect consumer interests. He participated in awareness campaign organised by AASRA. TS-RERA members K. Srinivasa Rao & K. Lakshminarayana explain RERA Act's salient features. CREDAI president P. Ramakrishna Rao & AASRA founder Hajid Sultan Ali also…

The Hindu

Property prices shoot up as Chennai Metro project makes a steady progress

Chennai Metro Rail has been a boon to the real estate sector, with land and property prices increasing by 20-40% in the last decade. Locations close to Metro command a premium, but prices on interior roads remain stagnant. Completion of projects is key to real estate price appreciation.

The Hindu

High demand for residential projects in Chennai, shows CREDAI study

A report by the Confederation of Real Estate Developers Associations of India (CREDAI) shows high demand for residential projects in Chennai.

The Hindu

Mega blood donation drive in Mysuru from Aug. 17 to 19

Mysuru hosts 3-day blood donation drive organised by Rotary Mysore, GSS Yoga, Rotary Mysore South East, Blood on Call Club, Rotary Vijayanagar. 12 locations in Mysuru to host drive, supported by CREDAI, BAI, ACT Mysuru, ApnaDesh, NPS International Mysuru, Mysore HR Forum, Inner Wheel Club of Mysore, Rotaract Mysore, Fitness…

The Hindu

CREDAI’s ‘Property Expo 2023’ in Tirupati from August 11

The Tirupati chapter of the Confederation of Real Estate Developers Association of India (CREDAI) is getting ready for the three-day mega ‘Property Expo 2023’ to be held at PLR Convention Hall on Annamayya Marg from Friday.

The Hindu

Clear master plan required for sustainable growth, says new CREDAI-TS chairman

The Confederation of Real Estate Developers Association of India (CREDAI) Telangana on Friday announced the election of office-bearers, with the new team now being led by chairman D. Murali Krishna Reddy.

The Hindu

CREDAI Property Expo gets under way

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Mallu Bhatti Vikramarka

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Srinivas Reddy

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Ponguleti Srinivas Reddy

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