Tuesday, May 6, 2008

Developers looking at ways to reduce cost of homes

Developers across the board are clamouring for an incentive that is aimed at reducing the cost of homes to the masses. The concept was first raised by the Confederation of Real Estate Developers Associations of India (CREDAI) at its national convention earlier this year when chairman Kumar Gera asked the government to consider Special Residential Zones which would be dedicated specially to affordable residential housing development.

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