CREDAI organizes 14th NATCON at Jakarta, Indonesia

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 6^th to August 8^th 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

Share: