Lalit Kumar Jain

Budget should give boost to housing sector by giving infrastructure status to housing sector.

Credai calls for reforms in realty sector in New Year

The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.

Developers pin hope albeit RBI's status quo

Economists believe that a status quo on key policy rates will serve as a breather for households and leveraged developers alike.

Inefficient governance led to gloomy housing scene: CREDAI

Lalit Kumar Jain, Chairman, CREDAI says in Mumbai alone, there was a 40 percent drop in projects that applied for approvals during the first nine months of 2013.

VAT on realty deals to be levied post agreement: CREDAI

Lalit Kumar Jain, president of the real estate developers' body, CREDAI, says as per the SC order, VAT will have to be paid only post agreement, which means it will be levied on work that is done after the agreement.

Budget 2012 Highlights: It is highly disappointing Budget, says CREDAI

It is a highly disappointing budget, said Mr Lalit Kumar Jain, National President of CREDAI (Confederation of Real Estate Developers’ Associations of India).

Budget Expectations: Need tax breaks for affordable housing in Budget: CREDAI

The future key word for the country is urbanization for growth and survival of the country. Real Estate industry is also a key trigger to the urban development and support to several other industries, apart from being capital and labour intensive.

Realtors seek PM intervention for single-window clearance

In order to make property sector transparent and corruption-free, realtors' apex industry body CREDAI today sought Prime Minister's intervention for a single-window clearance for developing projects.

Land Acquisition Bill: All you should know about it

The new Land Acquisition Bill, cleared by the Cabinet yesterday, has sparked off a debate between various stakeholders for whom the Bill matters most.

RBI hike in repo rate will hit real estate hard: CREDAI

The Reserve Bank of India's move to raise repo rate by 50 basis points comes as a shock for the real industry as the burden on account of increased rates of interest will hit the developers as well as home buyers, says Lalit Kumar Jain, National President CREDAI.