What is "credai"

Established in 1999, CREDAI (Confederation of Real Estate Developers’ Associations of India) is the apex body representing 11,500 private Real Estate developers spread across 23 state level chapters and 162 cities in India. CREDAI is a not-for-profit company registered under Section 25 of Companies Act, 1956. CREDAI seeks to create a favourable policy climate to ensure housing for all. CREDAI specially articulates the concerns of private housing providers. CREDAI has become the preferred platform with regard to national discourse on Housing and Habitat through strong networking with Government, Policy Makers, Investors, Financial Institutions and Real Estate Developers. CREDAI is the prime knowledge sharing forum for latest industry data, technological advancements and industry benchmarks. Initiatives have been fruitful in liberalization of FDI and investment regimes, streamlining of approvals and creation of financial instruments culminating in the goal of housing for all by 2022. In order to inspire confidence in the industry, CREDAI has adopted a Voluntary Code of Conduct ensuring highest ethical standards among its members. To predominantly safeguard consumer interest, CREDAI insists on setting up of Consumer Redressal Forums through all its City Level associations. CREDAI is the preferred CSR (corporate social responsibility) arm of its members with Skill Development, Education Scholarships and Swachh Bharat as thematic areas. To facilitate synthesis of CSR and Sustainability initiatives of CREDAI Members across the country, CREDAI has set up CREDAI CSR FOUNDATION in May 18, 2015. This foundation is supported entirely through voluntary contributions of CREDAI’s registered members.