CREDAI addresses key real estate concerns at the first ever National RERA conclave

Representing 12500 members, 21 state and 204 city level chapters, CREDAI, whole heartedly supported the government in its endeavour to develop a roadmap for accelerated development of the sector, at the first ever National RERA Conclave, organised by Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) along with government of India and government of Uttar Pradesh. The conclave created a platform for property developers, buyers, regulatory authority and other stakeholders to come together and focus on strengthening the legal framework of RERA and growth of the sector.
The first ever two day conclave focused on crucial aspects of the real estate sector including present day issues, growth strategies for revival of the sector, and above all means to strengthen the RERA as a one stop solution for all Real Estate matters.
Jaxay Shah, chairman, CREDAI National, said: “We congratulate RERA and its members for the tireless work gone into strengthening the sector. With the current slowdown and liquidity crunch and rise in insolvent projects due to unregularised cases in NCLT, it is pivotal for the industry to stand together.”