Confederation of Real Estate Developers Associations of India (CREDAI) is the apex association of developers and builders in India with more than 9000 member developers and builders all over India, through 128 member associations with representation in all the major cities and 20 states of the country.
CREDAI NCR is one of the largest chapter of the organization and all the leading developers of the region are its member. The members of CREDAI NCR have over the years contributed immensely to the development of NCR.
Confederation of Real Estate Developers Association of India (CREDAI), the apex association of more than 11200 developers in India, today witnessed the investiture of a new Governing Council headed by Getamber Anand, President and Jaxay Shah, President Elect. The Governing Council has unanimously e... (more)
Mr. Rohit Raj Modi, President- CREDAI NCR
“We are very optimistic about the upcoming budget and pinning our hopes on the new Finance Minster. This time the industry is eagerly awaiting the industry status which will ensure that policy dispensation available for infrastructure projects... (more)
Mr. Rohit Raj Modi, President, CREDAI NCR on formation of new government in Delhi:
“We congratulate and welcome Mr. Arvind Kejriwal on this win in Delhi Assembly elections. Looking at the strong mandate given by the people of Delhi, we are very optimistic about the refo... (more)
- Teaming with Agastya International Foundation to reach over a lakh of underprivileged children in Karnal
- Honb’le CM Shri Khattar inaugurates mobile Science Labs for the school children
With an aim to empower young students and promote sustainable development across the cou... (more)
Mr. Rohit Raj Modi, President, CREDAI NCR comments on RBI monetary policy:
“Citing favourable macroeconomic conditions, the government and the industry have also been asking for further rate cuts to lower the cost of capital, while RBI had faced a lot of criticism till ... (more)
With lots said and positive hopes shown in the first budget by the NDA government, expectations are high of a massively reformist Union Budget that would give the somnolent economy the jolt it badly needs.
Prime Minister Narendra Modi appears to be taking calculated measures towards his vis... (more)
Overview 2014:
Overall, 2014 was a good year for real estate sector. First, there was a stable Govt. which came to power and showed the intent for reviving Indian realty with some bold steps. Allocation of funds for low-cost housing as well as 100 Smart Cities; incentives to REITs and grant... (more)
Mr. Rohit Raj Modi, President, CREDAI NCR
“It is indeed a welcome step by the government. The sector has been reeling through an acute funding pressure. The foreign investment in real estate has also gone down in last few years. Investors were shying away due to ambiguity in rule... (more)
"While we have full faith in the new government & the RBI, the announcement about the interest rates remaining unchanged is disappointing. With inflation largely under control, cheaper housing loans have become the need of the hour, as they won't just fulfil aspirations, but also have ... (more)
As RBI has kept key rates unchanged in its Fifth Monetary Policy today, please find appended quote from Mr. Rohit Raj Modi, President, CREDAI NCR and Mr. Pradeep Jain, Chairman, Parsvnath Developers for your kind consideration.
