PRESS RELEASES
CREDAI joins hands with NIPUN to bring a transformational change by Upskilling the Construction Workers
Under MoHUA’s initiative through NSDC will upskill 1.06 lakh workers
The Union Budget 2023 pushed for a focus on upskilling programmes as the central government announced that PMKVY 4.0 will be launched to skill lakhs of youth and set up 30 Skill India International centres across different states to train youth for international opportunities. Initiativ...
74% of developers expect demand to increase or remain stable, reveals CREDAI-Colliers-Liases Foras
• About 62% of the developers feel that buyer enquiries and engagement have increased in 2022 compared to 2021
• About 43% of the developers feel that residential demand would remain stable in 2023
• About 31% of the developers are willing to explore plotted developments as an alternative business model, followed by branded residences
CREDAI’s recommendations for Union Budget 2023-24 focus on sustaining growth by boosting demand
- Increasing tax exemption on interest for homebuyers from Rs 2 Lakhs to a minimum of Rs. 5 Lakhs
- Doing away with the price cap of INR 45 lakhs for affordable housing under Section 80IBA
- Incentivizing homeowners by exempting rental income up to Rs. 20 lakhs per year
As India’s presidency of G-20 further cements its position as a Globa...