Official account of the CREDAI Action Committee set up to address issues on the current situation in the industry & work towards the revival of the sector

Joined May 2020
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Everybody loves to see the revival of newspapers and the rest of the media. News is the soul of media, advertising is oxygen, promotion is blood. bit.ly/2OSZZxO #ReviveAdvertisingReviveMedia #ReviveRealEstateReviveEconomy

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A new home buyer does not rest with the roof and four walls...goes for new home shopping. Buys new TV set, refrigerator, goes for energy saver electric fittings, furnishing, etc., bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy #ReviveAdvertisingReviveMedia

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While all industries get to reboot themselves, home-loan finance companies... too grow as both buyers and builders will go for financing. bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy #ReviveAdvertisingReviveMedia

Real estate can directly and indirectly create six crore jobs, as JLL says. bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy, @PMOIndia #ReviveAdvertisingReviveMedia

Real estate is linked to some 300 industries such as steel, cement, electric goods, tiles, transport and what have you apart from being capital and labour intensive. bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy, @PMOIndia #ReviveAdvertisingReviveMedia

“As an observer of real estate for years, let me point out the revival of this industry can have a cyclic effect.” ~ by B N Kumar bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy, News is soul of media, advertising is oxygen, promotion is blood.#ReviveAdvertisingReviveMedia

Automobile, real estate, telecom, FMCG, travel-tourism are traditionally big spenders on ads, promotions, events. bit.ly/2OSZZxO #ReviveRealEstateReviveEconomy, @PMOIndia News is soul of media, advertising is oxygen, promotion is blood. #ReviveAdvertisingReviveMedia

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Thanks @bsindia ! Credai-MCHI wants a reduction in home loan rates to 5% as against a prevailing rate of over 7%. bit.ly/3jnl3KX Sign the petition today: bit.ly/2Xf224f #ReviveRealEstateReviveEconomy.

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Thanks @bsindia ! According to India Ratings, overall residential demand would decline over 25% year on year in FY21. Read more: bit.ly/3jnl3KX #ReviveRealEstateReviveEconomy @PMOIndia @narendramodi @nsitharaman @FinMinIndia @RBI Please check: bit.ly/2Xf224f

Thanks @bsindia!CREDAI Action Committee's joint secretary Shailesh Puranik pointed out that the circle rates are unrealistic & even more than prevailing market prices. Read more bit.ly/3jnl3KX Sign the petition today bit.ly/2Xf224f #ReviveRealEstateReviveEconomy

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Thanks @bsindia ! Banks and NBFCs are yet to pass on benefits of repo rate reduction to the end-user which is a hurdle for both home buyer and developer. Read more: bit.ly/3jnl3KX Sign the petition today: bit.ly/2Xf224f #ReviveRealEstateReviveEconomy.

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Thanks @bsindia ! Though the government has undertaken some measures to bring stability in real estate sector they aren't enough. Read more bit.ly/3jnl3KX #ReviveRealEstateReviveEconomy @PMOIndia @narendramodi @nsitharaman @FinMinIndia @RBI bit.ly/2Xf224f

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Thanks @MumbaiMuchMuch . CREDAI Action Committee calls for rationalisation of Ready Reckoner/Circle Rates. mumbaimuchmuch.in/blog-detai… #ReviveRealEstateReviveEconomy

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Thanks @MumbaiMuchMuch . Ready Reckoner/ Circle rates are unrealistic, more than market prices, says CREDAI Action Committee. mumbaimuchmuch.in/blog-detai… #ReviveRealEstateReviveEconomy

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Thanks @MumbaiMuchMuch . CREDAI Action Committee’s Ajay Ashar points out banks, NBFCs are yet to pass on benefits of repo rate reduction to end user mumbaimuchmuch.in/blog-detai… #ReviveRealEstateReviveEconomy

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Thanks @MumbaiMuchMuch . PMO tells Samachar Foundation “your valuable suggestions (reg real estate industry) have been noted and appropriate action will be taken.” mumbaimuchmuch.in/blog-detai… #ReviveRealEstateReviveEconomy

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Thanks @MumbaiMuchMuch . PMO assures city-based NGO Samachar Foundation that issues faced by developer community will also be looked into. mumbaimuchmuch.in/blog-detai… #ReviveRealEstateReviveEconomy

Thanks @epunyanagari . Resumption of purchase of houses will rekindle the real estate which in turn reboot about 300 industries. #ReviveRealEstateReviveEconomy Please check: bit.ly/2Xf224f
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Thanks @epunyanagari . Pay attention to job creator real estate, CREDAI Action Committee plea to PM. #ReviveRealEstateReviveEconomy Please check: bit.ly/2Xf224f
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Thanks @epunyanagari . CREDAI Action Committee asks for Reduction of home loan interest to 5% and raising the limit for affordable housing to Rs 75 lakh to avail of 1% GST. #ReviveRealEstateReviveEconomy Please check: bit.ly/2Xf224f