Latest news with #ConfederationofRealEstateDevelopersAssociationofIndia
The Hindu
2 days ago
- Business
- The Hindu
CREDAI urges government to ensure hassle-free road connectivity between Vizianagaram-Bhogapuram international airport
Confederation of Real Estate Developers Association of India A.P. chapter vice president K. Subhash Channdra Bose requested the State government to ensure hassle free road facility between Vizianagaram City and Bhogapuram international airport as the existing connecting roads were very narrow and may not handle extra vehicular movement in future. He said that the extension of roads by 100 feet would pave the way for the speedy development of the construction industry, service sector, hospitality and other firms in the future. CREDAI has been holding meetings for the last few days to seek the opinions of the builders, entrepreneurs and others over the future opportunities of Vizianagaram and government's support for the speedy development of Vizianagaram City. He took the suggestions from CREDAI Vizianagaram chapter president general secretary Ashwant and CREDAI past president V. Pardhasaradhi and others during those meetings. Speaking to The Hindu, Mr .Subhash said that the development of 100 feet roads in the routes such as Vizianagaram-Denkada-Natavalasa-Bhogapuram and Vizianagaram-Chintalavalasa-Bhogapuram would pave the way for the speedy development of the Fort City. 'The then government developed roads and constructed PV Narasimha Rao Express Highway in Hyderabad to ensure the best and speedy connectivity to Shamshabad airport. Such initiative will also ensure the maximum progress and economic activity in and around Vizianagaram if roads are developed to ensure the best connectivity to the Bhogapuram international airport,' he added. 'CREDAI will submit representations the Chief Minister Naidu, Minister for Municipal Administration Minister for MSME Kondapalli Srinnivas and senior officials concerned to explain the requirements of Vizianagaram City in the backdrop of the construction of the international airport which is expected to be ready by June 2026,' he added. He thanked the State government for issuing GO-114 relaxing norms for the construction and reduction of stamp duty amount from 4 % to 1 % on GPA registrations. 'Earlier, the builders used to bear huge amounts of registration charges whenever they wanted to enter into an agreement with land owners for the purpose of construction of apartments,' he said, adding that the sand availability at reasonable cost has also benefited the construction industry in all the districts of Andhra Pradesh.
Time of India
01-08-2025
- Business
- Time of India
Pankaja Munde vows to make Godavari river pollution-free
Nashik: State environment minister on Friday pledged that she would focus on cleaning up the Godavari river and ensuring its pollution-free status, particularly in preparation for the upcoming Simhastha Kumbh Mela. Tired of too many ads? go ad free now "I will frequently come to Nashik in view of the upcoming Simhastha Kumbh Mela. I will make efforts and pay attention to making the Godavari river pollution-free," Munde said while speaking to media after the inauguration of Aironomics-2025, a programme organised by the Confederation of Real Estate Developers Association of India (Credai) Nashik. The minister said she would be in Nashik on Saturday too, where she would visit the Godavari river and hold meetings with industrial organisations in connection with the construction of the proposed common effluent treatment plant (CETP) in the industrial areas of Nashik city. "State govt is planning the rejuvenation of rivers in the state, and a long-term plan is also being prepared by the state environment department," she said. Munde said only 48% of the sewage water was being treated. "Hence, we are working long-term for the rejuvenation of the rivers in Maharashtra," she said, adding that there was a need to make long-term plans to overcome air, water and sound pollution. She said the environment department was preparing the SOPs for the construction sector. The minister also released the white papers regarding the measures needed to improve the air quality of the city and the measures to improve the solid waste management system by the civic body. The white papers were prepared by Credai Nashik.
Time of India
25-04-2025
- Business
- Time of India
Demand for premium flats on the rise
Nashik: The demand for premium flats is gaining momentum in Nashik city, with prices ranging from Rs 1 crore to Rs 10 crore. According to builders, Nashik city has about 2,000 luxury flats, with some already completed and others under construction. Builders are focusing on attracting buyers from major cities like Mumbai, Pune and Delhi, in addition to those from north Maharashtra districts. Krunal Patil, the immediate past president of the Confederation of Real Estate Developers Association of India (Credai), Nashik said apart from budget homes, builders were also providing premium residential properties with amenities costing over Rs 1 crore. "At present, around 2,000 flats with premium residential properties are under construction, of which around 500 premium flats are ready in the city," Patil said. These premium flats are located in Mahatma Nagar, Gangapur Road, Govind Nagar and Indira Nagar localities of the city. Earlier, builders focused on constructing flats costing between Rs 15 lakh and Rs 70 lakh. "Apart from constructing budget homes, builders are also developing very luxurious residential building projects, with a single flat costing from Rs 1 crore to Rs 10 crore over the past few years," Patil confirmed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Cost Of Amusement Park Equipment From Mexico Might Surprise You Amusement Park Equipment | search ads Click Here Undo Agreeing, Nilesh Chavan, architect and project management consultant, said the scenario in the real estate sector in Nashik city was gradually changing over the past two years. "Apart from the budget homes and four-five BHKs, the premium flats with all the amenities and facilities costing from Rs 1 crore to Rs 10 crore are available in Nashik city now," Chavan added.
