Ahmedabad: CREDAI Ahmedabad-GIHED CSR Foundation, the philanthropic arm of CREDAI Ahmedabad, will dedicate a newly developed garden to citizens on Tuesday. Tejas Joshi, President of CREDAI Ahmedabad-GIHED, said that they have collaborated with the Amdavad Municipal Corporation to develop the Municipal Garden - People’s Park in a municipal plot adjacent to CREDAI Ahmedabad House in the fast-developing Shilaj locality. “The garden has been developed under the public-private partnership m...Read More

Gandhinagar: Real estate developers met with Gujarat Chief Minister Bhupendra Patel on Monday and sought to defer the implementation of the new ‘jantri’ or annual statement of rates (ASR) in the state which were hiked by 100% after a gap of 12 years. The builders claimed that new rates will put an extra burden on the common man as the cost of new properties will go up with the rise in stamp duty as well as tax on the purchase of a house. After meeting the chief minister in Gandhinagar,...Read More

Gandhinagar: Real-estate developers and contractors from across Gujarat will observe a day-long nationwide strike on Friday to protest against the “undue hike” by companies in prices of cement, steel, diesel and bitumen in the last one year by forming cartels. Such uncontrolled price hike in raw material could push the construction costs by 15-25 per cent, the developers and contractors fear. While cement prices are up by 20-25 per cent, prices of steel are up by whopping 40 per cent. Build...Read More

Gandhinagar: CREDAI has written to the Prime Minister and all concerned Ministries and urged them to take note of cartelization by cement and steel manufacturers. CREDAI also requested the Government for an immediate intervention in regulating the prices of construction raw materials amidst the ongoing pandemic as Indian real estate is one of the worst-hit sectors due to the COVID 19 pandemic. With a continuous and sudden upsurge due to cartelization in the prices of steel, cement and other r...Read More