Jaxay Shah urges developers to join “Housing For All” mission
Jaxay Shah, President of CREDAI reiterated CREDAI’s pledge for realizing Prime Minister of India, Narendra Modi’s dream of “Housing for All” by committing to an investment of over 70,000 crores in 375+ new affordable housing projects through its member developers under its various State and City Chapters. The project was inaugurated by M. Venkaiah Naidu, Union Minister for Housing and Urban Poverty Alleviation at the Investiture Ceremony of the CREDAI’s new team. The event was also attended by Shri Nitin Patel, Deputy Chief Minister, Gujarat and Shankarbhai Chaudhry, Minister for Environment and Urban Development, Gujarat. These projects are spread across all over India and involve development of over 8.60 crore sq. ft. of land and 20.60 crore+ sq. ft. of construction to build a total of 237000+ houses. The investment involved in these projects is 70,000+ crores. CREDAI is in dialogue with State Bank of India (SBI), its national banking partner to create special financial package both for home loans and for construction finance. Jaxay Shah presented M. Venkaiah Naidu, Minister of Housing and Urban Poverty Alleviation with a manifesto for the term 2017-2019. The 50-page manifesto, details CREDAI’s initiatives in the Skill development, Waste Management and the social agenda of CREDAI. Speaking on the occasion, Jaxay Shah, President - CREDAI said, “We are all set to embark on a journey of a ‘Naya Daur’ for the real estate industry against the backdrop of introduction of various policy reforms which are aimed at facilitating growth. This presents a huge opportunity not just for our members or our industry, but for the nation itself. India has a recorded shortage of 20 million homes and our endeavor is to ensure that we overcome this shortage by placing consumers at the center of all our efforts. Our 375 housing schemes will realize the dreams of millions of Indians who are waiting to own a house.”
Tags : News/Views