Property News from IndianRealtyNews

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CREDAI Andhra Pradesh to Implement Code of Conduct for its Members

Posted: 01 Apr 2011 11:25 PM PDT

The Confederation of Real Estate Developers Association of India (CREDAI), Andhra Pradesh chapter is likely to implement a code of conduct for all its members in the state, wherein developers, recognised by CREDAI (AP), will have to abide by a set of rules laid down by the national body. CREDAI is also slated to set [...]

Demand for Loan Highest from Real Estate Sector and NBFCs: RBI

Posted: 01 Apr 2011 10:48 PM PDT

Banks have experienced strong demand for loans from non-banking finance companies (NBFCs) and from the real estate sector during the year till February, shows the latest data released by the Reserve Bank of India. "Credit growth to NBFCs at 46.4 per cent on a year-on-year basis in February was significantly higher than the growth of [...]

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