Confederation of

Real Estate Developers
Associations of India

Condoling a fellow CREDAI developer's untimely passing 10/10/2015

Dear Friends,

You may be aware that one of our fellow CREDAI developers, Shri Suraj Parmar of Cosmos Group Thane ended his life on October 7, 2015 after giving up his struggle against a corrupt and inefficient bureaucracy in his zone of work in Maharashtra.

The Executive Committee and Governing Council of CREDAI in its meeting held at Jaipur on October 9-10, 2015 has condoled the untimely and tragic death and decided to observe a day's token strike of all our work and closure of our offices on Tuesday October 13, 2015.

This will be publicised by way of an advertisement in Times of India in all its editions.

In solidarity with Mr Parmar's passing and the over-all situation of corruption and Government apathy witnessed in several construction pockets across the nation, we would urge you to observe the day's token strike of work as a mark of protest.

You may also sign the following petition in solidarity with the situation :

About CREDAI Bengal

CREDAI Bengal is the state’s chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI), the apex body for private real estate developers in India. CREDAI represents over 9,000 developers through 23 state and 154 city level member associations. In West Bengal, CREDAI Bengal has three chapters and now has more than 300 members, witnessing a fast growth in membership

CREDAI Bengal has been instrumental in bringing about many changes. People’s perception about real estate has undergone change and real estate practices too have changed. CREDAI Bengal has been instrumental to introducing the concept of group housing in high-rise buildings as opposed to individualized houses, making provisions for lifestyle (including common social amenities and entertainment facilities) and not ....Read More

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Talk Show on ABP Ananda July 2015

The Rajya Sabha Select Committee has recommended in the Real Estate Regulatory Bill, that while buying flats the owners need not pay for spaces like terrace, stairs or balcony. If the BJP Government agrees to this suggestion then owners would be required to pay only for the amount of space they will live inside the flat

According to the Select Committee recommendation – the carpet area of the flat would determine the cost of the flat per square feet and the developer will need to disclose that clearly while selling.

Listen in on this debate on ABP Ananda for clarity on the subject. Hear CREDAI Bengal's stand in the debate with Sushil Mohta, President CREDAI Bengal as a panelist on the show.

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