Topic
credai
Business Economy #real estate#growth
Despite West Asia War, Real Estate Likely to See 10% Growth This Fiscal, Says CREDAI President
Shekhar G Patel, President of CREDAI National, stated that Indian real estate could see 10% growth this fiscal despite the West Asia war and potential price increases. Construction costs have surged 15-25% due to raw material price hikes, with new project prices possibly rising up to 10%. The housing market has shown 10-12% CAGR since 2021.
Jul 8, 2026 1 source
Business Economy #ramsar#wetlands
Pallikaranai Ramsar Curbs Threaten ₹72,000 Crore Economic Activity, CREDAI Warns
CREDAI Chennai estimated that restrictions around the Pallikaranai Ramsar site could impact ₹72,000 crore in economic activity and affect over one lakh patta landowners. The body urged the Tamil Nadu government to replace the blanket one-kilometre development freeze with a scientifically determined influence zone.
Jul 8, 2026 1 source