Credai

Saturday, Apr 20, 2024 | Last Update : 06:19 PM IST

By 2030, residential real estate has the potential to almost double from the current stock of 1.5 million units in key cities, the report said. (Representational Image)

India's real estate sector on growth trajectory: CREDAI-CBRE report

The report estimated that office space stock will touch one billion sq ft by 2030.

11 Aug 2019 2:24 PM

Liquidity has been a major concern for the real estate sector, which the government has tried to address to a certain extent in this Budget, said NAREDCO President Niranjan Hiranandani. (Representational image)

Budget 2019: Tax deduction on home loan interest to boost housing demand: realtors

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled projects.

05 Jul 2019 7:17 PM

CREDAI, which has over 10,000 developers as members, also pitched for uniform definition of affordable housing. (Representational Image)

CREDAI seeks bank funding for developers to buy land for affordable housing projects

Land funding is typically done by NBFCs or private equities, it said, but added that cost to developers are as high as 25 pc.

16 Jun 2019 6:23 PM

CREDAI President Satish Magar said the bank rate cut augurs well for the Indian real estate industry and would have a significantly positive impact on industry's revival as well. (Representational Image)

Repo rate cut to boost housing demand if banks pass on benefit to customers: Realtors

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

06 Jun 2019 6:06 PM

CREDAI identifies 30 flats for families of jawans martyred in Pulwama terror attack

These flats are situated in the respective home cities or states of the soldiers.

11 Mar 2019 6:11 PM

Realtors' body CREDAI has written to the Prime Minister's Office (PMO) for regulating steel prices that have gone up sharply in last two years leading to a rise in construction cost of real estate projects.

Realtors' body CREDAI writes to PMO on steep rise in steel prices

Steel prices have shot upwards from Rs 29,000-32,000 per tonne in 2016 to Rs 51,000-54,000 per tonne.

19 Jul 2018 5:11 PM

Report finds that about 73 per cent of the Indian respondents are unwilling to travel beyond 45 minutes to their workplace.

Salary & benefits top priority for Indian youth in jobs: report

While choosing a company to work for, 75 pc of Indian millennials consider salary and benefits as top priority.

10 Feb 2018 10:02 AM

Housing prices will not be affected by the unchanged monetary policy. (Photo: AP)

A policy rate cut could have spurred housing market: Industry

Developers are optimistic that there is still room for banks to bring down the rate on home loans.

07 Dec 2017 10:09 AM

The economic contribution of the real estate sector is projected to increase significantly during the period from 6.3 per cent in 2016 to almost 13 per cent in 2025.

Realty sector to have over 17 mn workforce by 2025: report

Potential employment opportunities in the real estate sector are expected at 17.2 million jobs by 2025.

28 Sep 2017 5:16 PM

NAREDCO had written to the Prime Minister seeking lower GST of 6 per cent on sale of under- construction property.

Effective GST rate on under-construction real estate at 12 pc

Government hiked the GST rate for the construction sector to 18 per cent from 12 per cent.

30 Jun 2017 7:49 PM

GST and RERA to cause 80 per cent fall in real-estate projects

Real-estate developers believe GST and RERA will increase the prices in the state by five to six per cent.

24 Jun 2017 2:35 PM

Dena Bank said it has passed on benefit of RBI's risk weight reduction to customers.

Dena Bank slashes home loan interest rates

For loans up to Rs 75 lakhs, the rate (marginal cost of funds based lending rate) is 8.60 per cent/ per annum.

16 Jun 2017 9:40 AM

Credai demanded that the govt should minimise double taxation of real estate by treating land as zero rated under the GST regime.

Realtors differ over GST's impact on housing prices

Exemption from service tax on construction of low-cost houses not being continued under GST.

24 May 2017 8:10 PM

How new Real Estate Act makes home buyer a king

Govt has described implementation of consumer-centric act as beginning of an era where consumer is king.

01 May 2017 1:33 PM

RERA to boost housing demand, protect buyers, say realty cos

Developers expect housing demand to recover with the implementation of the real estate law from today

01 May 2017 12:54 PM

GST is treating real estate as service and stamp duty considers this sector as fixed asset.

Credai expects GST rate to be neutral for housing sector

Credai also expects that the home loan interest rate will come down sub-8 per cent very soon.

07 Feb 2017 8:19 PM

1 of 1

Columns

Shobhaa De

credai