Credai

Indian REIT market accounts for just 20% of institutional real estate, far below the US (96%) or even Asian peers like Singapore (55%) and Japan (51%), says Indian REITS: A Gateway to Institutional Real Estate report

Homes to get cheaper? CREDAI says will pass on GST cut benefits to buyers

While GST cuts on inputs sucha s cement and steel are a positive step, 'high' stamp duty remains as concern, CREDAI has said

Office and industrial & warehousing stock to cross 2 billion sq ft by 2047: CREDAI-Colliers

The report 'Indian real estate: Fostering equity and fueling economic growth', which was released at the CREDAI’s 23rd NATCON in Singapore on September 11, also highlighted that annual housing sales could potentially double to 1 million units by 2047.

Cannot achieve affordable housing with ‘business as usual’ approach: Maharashtra CM Fadnavis tells realtors

Maharashtra CM Fadnavis said that incentives such as major infrastructure projects as well as reduction in premiums, did not result in home prices reducing, but increasing instead.

India's realty sector may touch $1 trillion by 2030: CREDAI president Shekhar G Patel

The real estate market, which has shown signs of consolidation, is likely to bounce back strongly by July-August, the Confederation of Real Estate Developers’ Association of India president said

CREDAI launches Green India Council, plans green building certification

Green India Council will roll out a CREDAI-developed green building certification system. It will target Tier-2 and 3 city developers who often cannot afford IGBC, GRIHA, or LEED certifications

Real estate sector backs Draft Registration Bill 2025 as path to transparent property market

Real estate stakeholders said that the move reflects a serious intent to simplify procedures, bring in transparency, and reduce the administrative burden on homebuyers, investors, and developers alike.

Indo-Pak showdown: Real estate body offers to build military, housing facilities

CREDAI has offered to assist in the construction of military buildings, bunkers, roads, housing for displaced people, if need arises, within accelerated deadlines.

Amid Indo-Pak tensions, CREDAI writes to Modi, offers real estate expertise for national infra, proposes swift construction

Tensions escalated after Indian armed forces early on April 7 carried out missile strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir (PoK), including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base in Muridke, in retaliation for the April 22 terror attack in Kashmir's Pahalgam.

CREDAI’s new leadership pitches for hike in Rs 45 lakh affordable housing cap, better home sales data

The new president of CREDAI, Shekhar Patel, said that the Rs 45 lakh cap on affordable housing should be increased or removed so that more people can get tax benefits and sales can increase in the segment.

Credai urges govt not to impose GST on fees paid by builders for extra FSI

Credai said the move will have a substantial impact on project costs, further pushing housing prices up about 10 percent across various parts of the country.

Average office rents crossed Rs 100 psf mark in Sep quarter, Bengaluru remains largest market

But Mumbai was the most expensive; co-working spaces were a major factor for the jump in rentals.

India’s real estate sector set to cross $4.8 trillion by 2047, contributing 18% to projected $26-trillion GDP

The EY-CREDAI report also highlighted that the proptech segment will cross $600 billion in market size by 2047, accounting for 12-13 percent of the entire real estate industry.

Tamil Nadu's economy may grow to $2.6 trn by 2047-48; need capex of $111 bn: Report

Real estate consultant Knight Frank in association with realtors' body CREDAI's Tamil Nadu Chapter on Monday released a report 'Tamil Nadu: Unveiling Economic Dynamism and Future Potential'.

Real estate to account for 16-17% of GDP once India becomes $10 trillion economy: Credai's Boman Irani

Real estate developers’ apex body CREDAI held its 21st NATCON realty conference in Sharm El Sheikh in Egypt. It announced several measures to expedite adoption of digitisation and Artificial Intelligence (AI) among developers, especially from tier-II and III cities by 2033 to enable as many as 13,000 builder members reduce construction time and improve quality. "The role of CREDAI is to continue upgrading the knowledge quotient of our members, bring them more into the organised part of the development world and basically give them an opportunity and the tools for growth because in the growth of real estate lies the growth of our GDP,” said Boman Irani, President, Credai. “Today we are at 8 percent of our GDP and we will be at 16 to 17 percent of GDP when we are a $10 trillion economy,” he said. Watch more…

RBI MPC meeting: Decision to hold rates will boost housing demand, say experts 

RBI MPC meet: Given the status quo in rates, the outlook for those looking to buy their first home via a loan remains favourable, the experts said. Interest rates from most banks are expected to remain in single digits

CREDAI developers undertake 55 green projects spread across 32 million sq ft

CREDAI has also put together a policy framework to promote green projects across the country

CREDAI urges Centre to remove GST on flats given free of cost in redevelopment projects

CREDAI said it has put forth multiple arguments to restructure the GST provisions for a more conducive ecosystem for redevelopment projects.

CREDAI should eye promoting at least 100 first generation female real estate developers: Smriti Irani

Builders’ body to support start-ups in construction and real estate space through a Rs 900-crore proptech fund

CREDAI to build 1,000 certified green projects in 2 years; partners with Indian Green Building Council

To scale this to 4,000 projects by 2030. Boman Irani of Mumbai-based Rustomjee Group elevated to National President of CREDAI.

Real estate developers’ body CREDAI urges RBI to pause rates, citing potential impact on sales

Another hike in the repo rate would lead to even higher borrowing costs for developers, CREDAI said, ultimately leading to steeper project costs and housing prices.

Mumbai builders seek series of waivers to redevelop projects

Developers owe more than Rs 800 crore towards development charges to planning authorities in Mumbai; they have also sought waiver of penalty and interest on such charges.

Budget 2023 wish list: Real estate sector seeks infrastructure status, tax breaks, push for rental housing

Experts say the government should consider increasing the SWAMIH fund, intended for stalled projects, from Rs 5,000 crore to Rs 50,000 crore to ensure the completion of stuck projects and boost homebuyers’ confidence

CREDAI seeks hike in deduction limit on home loan interest to Rs 5 lakh in next year's budget

The interest rates on home loans have gone up by around 2 percentage points in the last seven months, to around 8.5 per cent following the hike in repo rates by 225 basis points since May.

Builders say implementing SC order may delay registration of 1.5 lakh homes in Noida, Greater Noida; one-time settlement of dues sought

Developers say a one-time settlement scheme should be introduced as in Haryana to settle dues, while industry body CREDAI argues that steps to realise dues at higher rates can lead developers to the NCLT