Articles tagged under: CREDAI

Developers, contractors to go on a day-long strike against hike in raw material prices

February 12, 2021
Developers, contractors to go on a day-long strike against hike in raw material prices

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

CREDAI seeks Centre’s intervention in controlling spiraling Steel and Cement prices due to cartelization

December 21, 2020
CREDAI seeks Centre’s intervention in controlling spiraling Steel and Cement prices due to cartelization

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

CM announces higher FSI, other measures for real estate sector

September 23, 2019

 Ahmedabad: In a booster shot for the real estate sector, Chief Minister Shri Vijay Rupani announced higher Floor Space Index (FSI) and a host of other measures for real estate sector. The Chief Minister also said that the state government would give special approvals for construction of Iconic Skyscrapers in four large cities of the state. Shri Rupani made the announcements at the “Growth Ambassador Summit 2019” organized by Gujarat Chapter of Confederation of Real Estate Developer...Read More