Category Realty News

CREDAI Demands to Cut EWS Quota to 5%

The Confederation of Real Estate Developers Association of India (CREDAI) is demanding a reduction in the percentage of EWS (Economically Weaker Section) quota mentioned in the new affordable housing policy from 15% to 5% of the total residential built-up area.…

New SEZ Reforms will Benefit Smaller Cities

In a move to improve the activity of commercial real estate, the government has dropped down the mandatory requirement of 10 hectare to set up an IT/ITes SEZ. Now the rule for minimum built-up area for SEZ developers is 100,000…

Mumbai Planning for Redevelopment

Mumbai, the city which is facing scarcity of land for the development of new real estate projects have come up with an idea of redevelopment. According to the experts redevelopment would help to tackle the problem of land shortage.The property…

Mumbai Property Exhibition Receives Tepid Responses

Mumbai: The recently held property exhibition in Mumbai that was organized by the Maharashtra Chamber of Housing Industry (MCHI) in association with the Confederation of Real Estate Developers’ Association of India (Credai) has attracted disappointing responses from buyers. The reason…

Development Plan Issues in Pune

Pune: The development plan of the city is expected to be sanctioned this year, almost 6 years late. The agenda of DP is now made available to the citizens for suggestions and amendments; however its last date is 27 April…