A delegation of Confederation of Real Estate Developer's Associations of India (Credai) has put forward a demand of increasing the priority sector home loan cap of Rs 20 lakh to Rs 35-40 lakh in metros to the governor of Reserve Bank of India (RBI).I read more
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Credit flow to developers - RBI's interest rate cuts and the fisc…

"Rate cuts will definitely have positive impact on demand for homes.RBI’s actions in the past have eased liquidity in the system,but credit flow to developers still remains an issue," says Kumar Gera, chairman, Gera Developers andthe chief of real read more
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Indian Real Estate Developers to meet the RBI Governor to demand…

Lower interest rates and restructured debt for the developers: Representatives from the Confederation of Real Estate Developers Association of India (CREDAI) will be meeting the RBI Governor D Subbarao next week to demand more Government sops for the read more
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Indian real estate is facing negative sentiment caused by the glo…

The chairman of Confederation of Real Estate Developer’s Associations of India (CREDAI), Kumar Gera believes that the industry would like to forget the year 2008 for reasons more than one, such as the global meltdown started through the sub-prime read more
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Chennai may have Less Impact of Housing Loan Deduction

Even while welcoming the move of public sector undertaking (PSU) banks to reduce the rate of interest for housing loans up to Rs 20 lakh, builders are sceptical about whether it would have a major impact on their business in Chennai. Prakash Challa, read more
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Chennai may have Less Impact of Housing Loan Deduction

Even while welcoming the move of public sector undertaking (PSU) banks to reduce the rate of interest for housing loans up to Rs 20 lakh, builders are sceptical about whether it would have a major impact on their business in Chennai. Prakash Challa, read more
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You can demand to reduce your property rate even after signing th…

If you read the following links, you will realize that not only at the time of booking but even after the booking you can negotiate the property rate.: 1) Omaxe offers 1-5% discounts to existing clients who have not defaulted on any payments: Thi read more
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Tough Time for Real Estate Developers

Following an appeal by finance minister P Chidambaram to the entire real estate industry to cut prices and make houses more affordable to the buyers, the developers’ associations — National Real Estate Development Council (Naredco) and Confedera read more
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Tough Time for Real Estate Developers

Following an appeal by finance minister P Chidambaram to the entire real estate industry to cut prices and make houses more affordable to the buyers, the developers’ associations — National Real Estate Development Council (Naredco) and Confedera read more
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House Prices Dip By 10% In Orissa

Even as the real estate sector in Orissa is stated to not have been affected by the meltdown as in the metros and other parts of India, the builders in the State under Confederation of Real Estate Developers Association of India (CREDAI) have announc read more
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