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India: Real estate developers association to petition PM

Posted on 03 April 2012

The Confederation of Real Estate Developers’ Association of India (Credai) has decided to send an SOS to the Prime Minister and has planned a nationwide strike to sensitize policy-makers to its problems.
“Even though the sector contributes close to 7%–or Rs140,000 crore–we are facing suffocation due to various administrative delays. Our appeals for speedy action are falling on deaf ears,” said Lalit Kumar Jain, national president, Credai………………………………………..Full Article: Source


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