Deliberates on the strategy to provide
'Homes For All'
The
14th NATCON organized by CREDAI (Confederation of Real Estate Developers’
associations of India), the apex body representing private Real Estate
developers in the country, was inaugurated in Jakarta .
This year the NATCON is
being organized in the beautiful city of Jakarta, Indonesia from August 6th to
August 8th 2014. Against the backdrop of the mission of pucca
housing for all by 2022, an agenda driven by the BJP, The theme of this year’s
NATCON is “Homes For All”.
NATCON
2014 was conceived under the leadership of Mr. C Shekar Reddy, National
President CREDAI to deliberate, discuss, learn and strategize to achieve the
mission 'Homes for all'. Mr Lalit Kumar Jain, Chairman CREDAI along with Mr.
Gethamber Anand President Elect, CREDAI, Mr Pradeep Jain ( Ex Chairman CREDAI)
appreciated and complimented Mr. Sushil Mantri (Vice President &
Chairman of the NATCON 2014 organising committee) and team for organising the
NATCON 2014, with the largest number of delegates attending the conference in
the presence of eminent national and international personalities like Vice
Chairman for Finance, Banking and Investment – Jakarta Chamber of Commerce and
Industry Mr. Irwan Hutasoit, Mr. Manish – Deputy Chief of Mission Embassy of
India and other eminent speakers from all over the world.
 |
| Mr. C. Shekar Reddy, National President CREDAI |
Speaking
at the inauguration Mr. C. Shekar Reddy, National President CREDAI said, “With
the New Government in India under the Prime Minister Sh. Narendra Modi
the government is taking right steps to introduce reforms required by the
industry and are open for the suggestions to bring in the positive changes.
With a development focus union budget and steps like relaxation in norms
of CRR & SLR by RBI the housing sector will grow. Bringing affordable
housing project finance and home loans upto 50 lakhs under priority sector
lending (PSL) will give a major boost to the small and medium developers
which cater to the affordable housing segment. Moreover the government has
incorporated CREDAI’s recommendation and relaxed the FDI norms for investment
in the real estate which will act as a catalyst for growth.”
Mr.
Reddy further said, “Modiji has also embarked on the ambitious plan to provide
housing for all by 2022 and developing 100 smart cities which opens a plethora
of opportunities for the real estate sector. CREDAI has always been a strong
advocate of affordable housing and we are sure that with a right policy
framework and public approach ‘Homes for All’ is an achievable objective.
 |
| Lalit Jain, Chairman CREDAI, C Shekar Reddy, President CREDAI and Mr. Irwan Hutasoit ,Vice Chairman for Finance, Banking and Investment – Jakarta Chamber of Commerce and Industry |
CREDAI National is also working with various Ministries like Ministry of
Environment & Forest, Civil Aviation, urban development ministry and
housing & poverty alleviation to remove bottlenecks in supply side of real
estate sector . CREDAI along with all its members is keen to contribute in the
best possible way towards the governments objective and will support them whole
heartedly”
By
putting the theme of this year’s convention ‘Homes For All’, CREDAI has insured
that the delegations and participating member developers from across the
country come together, discuss the possibilities, exchange their views, and
learn from each other.
For Media Contact
Nishanth
M:
98840 70861
Konnections
Konnections
No comments:
Post a Comment