CREDAI

  • Low-cost housing sector flay Budget 4 days ago

    Mumbai: The Budget has failed to offer any incentives to the affordable housing sector which is already facing risks in form of high costs and low margins, industry leaders said. "The Budget is disappointing. The affordable housing sector was expecting that the Narendra Modi government, like last time, would extend...
  • Realtors seek tax sops, lower rates for home buyers in Budget February 19, 2015

    New Delhi: The real estate industry on Thursday sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand. Besides, it sought infrastructure status for housing. Addressing a real estate conference organised by RICS, CREDAI President (Elect) Getamber Anand said the government...
  • Government relaxes FDI norms for construction, real estate sector October 29, 2014

    New Delhi: In a boost to cash-starved real estate industry, government today relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms. The proposal to amend the FDI policy in construction development sector was approved by the...
  • CREDAI wants inclusive housing policy, tax reliefs February 19, 2013

    Mumbai: Developers apex body CREDAI has called for an inclusive housing policy in the upcoming Union Budget 201314 which will be announced on February 28. In his Budget wish list, submitted to the finance ministry, CREDAI's national president Lalit Kumar Jain suggested that tax exemption for small houses of under60...