Dumping ground matter: Construction ban in Mumbai lifted

March 2018

The Supreme Court has provided a huge relief to the real estate industry of Mumbai, by allowing the new construction in the city of Mumbai, against a...

Tags: Supreme Court, Construction, CREDAI-MCHI, Mayur Shah, MCGM, Ulwe Node, Vahal Node, JNPT SEZ, Pushpak Node, Construction, Demolition, Real-estate industry

India's real estate sector to reach $180 billion by 2020

March 2018

India's real estate sector is projected to reach $180 billion by 2020 from $126 billion in 2015, according to a report by CREDAI and JLL. ...

Tags: Real estate sector, CREDAI, JLL, GDP, RERA

CREDAI seeks government intervention for implementation of RERA tribunal in all states

February 2018

The Confederation of Real Estate Developers' Associations of India (CREDAI) has requested Hardeep Singh Puri, Minister for Housing and Urban Affairs,...

Tags: CREDAI, RERA, MahaRERA, Jaxay Shah, Homebuyers, Real Estate Appellate Tribunal, Hardeep Singh Puri

Housing for All and PMAY to get boost with reduction in GST under CLSS

February 2018

CREDAI-MCHI President Mayur Shah welcomes the recommendations made by the GST Council in its meeting in January 2018. ...

Tags: CREDAI-MCHI, Mayur Shah, GST Council, GST, FSI, FAR, Housing for All

18 per cent of MMR’s housing launches in 2017 added in Thane

February 2018

ANAROCK Property Consultants' latest research report 'Thane - An Emerging Megapolis' highlights this city's unstoppable rise to become one of the hot...

Tags: ANAROCK Property Consultants, MCHI CREDAI Thane Property Expo, Anuj Puri, Real estate investment

Budget Reactions | Real Estate

February 2018

The government’s move to promote affordable housing by setting up a special fund is welcome. It will boost buyers’ sentiments and help revive the rea...

Tags: Affordable housing, Magicbricks.com, Sudhir Pai, NHB, Government of India, GST, NoBroker.com, Amit Kumar Agarwal, REIT, Prestige Group, LTCG, K Raheja Corp, Kishore Bhatija, Ashish R Puravankara, CLSS

Indian HVAC industry: Policy tweaks crucial to drive growth

February 2018

The Indian HVAC market is worth around Rs 21,000 crore with products alone contributing Rs 15,000 crore, reckons Guru Raja Rao Gangaprasad, Vice Pres...

Tags: HVAC market, Guru Raja Rao Gangaprasad, Grundfos Pumps India, Chirag Baijal, UTC Climate, Senthil Thangam, KS Vaidyanathan, Thermax, IT, ITES parks, Electricity, Renewable energy, Smart HVAC systems, IoT, Manoj Gaur

CREDAI Haryana urges government to reduce external development charges

January 2018

Real estate builders body, Confederation of Real Estate Developers Association of India (CREDAI)-Haryana chapter has urged the government to reduce t...

Tags: Real estate builders, CREDAI, EDC, Kushagr Ansal, HUDA, Pankaj Goel, Infrastructure