Tag: builders

Code of Conduct is the Issue Between CREDAI and Builders

Initially, several developers declined to abide by the code of conduct laid down by CREDAI. Following this, the association has expelled several developers, while some have resigned discontinuing their involvement with the organisation. Opposing the self-regulation code, the builders refused to sign the association’s code of conduct. The bone of contention for builders was the code […]

Union Budget 2012-13: Builders say that Finance Minister has ignored ground realty.

There were some who welcomed the proposals. Sachin Sandhir, MD, RICS South Asia felt it “exceeded expectations” given the pressures on the fiscal situation. Tata Housing MD and CEO Brotin Banerjee added, “Initiatives to make affordable housing available to a larger section of the society have only been met partially.” The top players in the […]

Yamuna e-way Villages to Move Court.

More trouble for the builders, farmers of Yamuna expressway may target F1 track. After Noida and Greater Noida, its now turn of Yamuna Expressway land row to cause worries among thousands of homebuyers. Farmers more than 30 villages, along the  Greater Noida – Agra toll road, the villagers decided to move to Allahabad High Court […]

Home Loans vs Personal Funds

There are payment options for the property purchase, one to make the entire payment paid in advance, at the time of the booking. For that, you need to have much cash available. The other pertains to the safety of the capital, until the reputation of the seller is reliable. Advantage in the first case is […]

Developers may get to buy back built-up space in STPI

The department of industrial policy and promotion is considering a proposal to allow real estate developers to buyback built-up area sold in software technology parks of India (STPI) units and lease out it to other businesses. The issue came up in the last meeting of foreign exchange promotion board (FIPB), when the board took up […]