CREDAI

  • 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...