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Showing solidarity for the Government’s Mission of Housing for All, CREDAI recently announced the launch of 250 Affordable Housing Projects across India under leadership of Mr. Jaxay Shah – President, Elect, CREDAI. The Project aims to launch more than 200 affordable housing projects through CREDAI members, under the purview of various CREDAI State or City Chapters according to guidelines laid down by CREDAI National. Through this initiative, CREDAI aims to create a considerable inventory of affordable housing so as to enable consumers and its member developers to take benefit of various Government incentives announced for the segment as well as tackle the shortage of Housing in the country.
A Press – Meet to this effect was organized on April 4, 2017.
Highlighting the work done by CREDAI and its members in the past two years, Mr. Getamber Anand, President CREDAI said, “ The real estate sector has seen its share of ups and downs in the past two years. With RERA, GST and Demonetization, 2017 is marked as one of the most crucial years for the sector. CREDAI welcomes the transition and believes that Mr. Jaxay Shah’s team is fully prepared to take ahead what has begun and consolidate the sector into a transparent, accountable and financially viable industry.”
Mr. Jaxay Shah, President Elect, CREDAI added, “It is truly a Naya Daur for the sector as finally we will be able to realize the full potential of the sector. Going forward, our team will strive on our core pillars of affordability, accountability, employment and revenue to ensure that the contribution made by the sector towards the economy and “Housing for All” will not only match, but exceed expectations.”
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