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CREDAI Asks Developers To Reduce House Prices

PUBLISHED BY: SURENDER KUMAR
DECEMBER 04, 2012

   
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You can hope to buy cheaper houses if the CREDAI (Confederation of Real Estate Developers’ Associations of India) diktat asking its members to seriously consider cutting prices is followed by the realty sector.

 

 

 

The CREDAI governing council, has taken on record P. Chidambaram’s suggestion on reducing prices to the extent possible. The CREDAI has also suggested a 10-point agenda to the government, involving the developers, to put the economy back on the growth path. It includes declaring the housing sector part of the infrastructure sector and affordable housing as priority, besides tax exemptions to accelerate development.

 




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