CREDAI (Confederation of Real Estate Developers’ Association of India) has asked over ten thousand of its members not to pay bribe to officials who assure project clearance. CREDAI told its members so after it was alleged for corruption by the realty sector. Many members of this association have mutually decided to come together and support CREDAI by saying ‘No’ to corruption. The transition period for change of land use to commencement is of approximately 18 to 36 months. The delay in the transition causes a 40% hike in the sale prices. However, the exploitation and corruption remains to continue. Lalit Kumar Jain, President of CREDAI, has strictly appealed all the CREDAI members to oppose the demands of bribe. He said, if needed, the bribe cases should be taken to the court.Demand for administrative reforms has been put forth by the CREDAI to keep a check on corruption. Jain also appealed the government to set up redressal forums in order to settle disputes outside the courts. The state governments of Andhra Pradesh, Karnataka and Chattisgarh have set up single window system for project clearances. The Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body for private Real Estate developers in India. Developers across the country have welcomed this transparency-induced mission to eradicate corruption and have extended support by adhering to CREDAI’s code of conduct.займ на карту без отказов круглосуточновзять кредит онлайн