CREDAI to conduct Fairbuild construction materials expo

In a bid to bring together businesses and vendors in the real estate sector, Confederation of Real Estate Developers Association of India (CREDAI), will organise Fairbuild 2019, a construction materials expo. Continue Reading

Only 23 housing projects launched under subvention scheme: Report

Only 23 housing projects comprising 7,620 units were launched during April-June quarter under the subvention scheme, which has been banned recently by the National Housing Bank (NHB), according to property consultant Anarock. Worried over frauds by builders, last month, the NHB asked housing finance companies (HFCs) to “desist” from offering loans under subvention scheme wherein real estate developers pay interest on behalf of home buyers for a certain period of time. Continue Reading