About CREDAI National
CREDAI was established in the year 1999 . Confederation of Real Estate Developers’ Associations of India has brought together more than 11500 Real Estate Developers from 156 city chapters across 23 states of India . As the apex body for private sector developers, CREDAI has consistently worked to make the industry more organized and progressive. CREDAI has developed into a preferred platform with regard to national discourse on housing and habitat through its close and deep networking with government, policy makers, investors, finance companies, consumers, real estate professionals and developers. CREDAI’s code of conduct promotes self-governance and ethical practices and is adopted voluntarily by all its members. CREDAI is also a knowledge sharing forum for the latest industry data, technology advancements, industry benchmarks and international situation from time to time.
CREDAI is a recognized partner for the government. In this capacity, CREDAI is represented on Committees set up to formulate policies relating to housing and habitat. Some of the important initiatives that CREDAI has been associated with include the Housing and Habitat Policy 2007, the Steering Committee for Urban Developing, Housing and Poverty Alleviation for the 11th five-year plan, Committees of the Bureau of Indian Standards (BIS), Bureau of Energy Efficiency (BEE), Planning Commission and others.
CREDAI’s efforts have resulted in the abolition of urban land ceiling, rationalization of stamp duty, modification of the environmental impact assessment rules, amendments related to service tax. During the economic crisis of 2008-09, CREDAI influenced the announcement of stimulus package that aided Real Estate Industry. The goal of Housing for All by 2022 adopted by the Government in 2014 is an answer to CREDAI’s long and relentless campaign for Housing. The goal clears the path for CREDAI members to come forward and contribute their entrepreneurial skills and financial resources towards the mitigation of housing shortage, estimated at 18.78 million units, as well as to spur GDP growth through the backward and forward linkages of housing to about 250 other industries.