Established in 1999, CREDAI is the apex body representing 11,940 private Real Estate developers spread across 23 state level chapters and 177 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.
CREDAI 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 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.
Confederation of Real Estate Developers’ Associations of India (CREDAI) was established in 1999 with a mandate to pursue the cause of housing and habit providers. It has grown its membership base since then and has more than 11,940 members today spread across 23 state and 177 city chapters.
On the advocacy side, CREDAI is today the preferred platform for National discourse on Housing and Habitat. CREDAI is a recognized partner for the government and is represented on committees working at policy formulation, including the Housing and Habitat Policy 2007, the Steering Committee for Urban Developing, Housing and Poverty Alleviation for the 11th five-year various committees of the Bureau of Indian Standards (BIS), Bureau of Energy Efficiency (BEE), Planning Commission and others.
CREDAI has also worked incessantly to make industry more organized and progressive. CREDAI’s unique achievement is the voluntary Code of Conduct adopted proactively by all its members to promote self-governance and ethical practices. Under the code, it is mandatory for all the member developers of CREDAI to maintain integrity & transparency in the profession of Real Estate Development.