CREDAI Aurangabad is the City chapter of Confederation of Real Estate Developer’s Association of India (CREDAI) which comprises 18 national bodies, having about 8000 members across the country. CREDAI works to raise issues of concern nationally for the development of the real estate sector in the country and is represented in various national bodies including the Planning Commission.
CREDAI has now adapted Mission Transparency in order to impress upon the Government of the Center that contrary to popular belief, real estate developers are “Victims of the System and not the Beneficiary” when it come to corruption and dishonesty. This mission urges the Government to adapt and a single window clearance system for permissions required for a real estate project so that the endless delays and illegitimate demands in various departments of the Government can be done away with. A quicker approval system can help in reducing the completion time of the projects thus reducing costs and benefiting the ultimate consumer.
CREDAI Aurangabad is the singular platform for real estate developers of Aurangabad. It consists of all prominent developers and most of the prominent joint sector and assisted sector companies operating in Aurangabad. It pursues concerns pertaining to the real estate sector with the Government agencies of the state and municipal levels.
Besides developing properties, the body is also engaged in a range of social and public inherent activities. CREDAI Aurangabad has introduced a Grievances Cell with one effect to register complaints of consumers who have bought property from CREDAI Aurangabad members. CREDAI Aurangabad acts as a mediator in these cases and strives to bring about an amicable solution between the two parties through its Mediation Committee.
The CREDAI- Aurangabad is an Association of Builders and Promoters of Aurangabad. It was established in 1987 and since then it is operating for the promotion of Real Estate Sector in the region for the benefit of its Members over more than 30 years. It has a strong membership of 185 plus members consisting of leading Promoters and Builders of Aurangabad.
The CREDAI- Aurangabad office is located at New Usmanpura, Maharashtra, India. The Association is headed by the President, Two Vice Presidents, Hon. Secretary, Jt. Hon. Secretary, and Hon. Treasurer who are elected by the Members. In order to support the Office Bearers there is a Managing committee consisting of 14 members who are also elected by the Members.
The members of the CREDAI- Aurangabad observe Code of Conduct issued which brings transparency. CREDAI- Aurangabad also has the grievance cell to redress the grievances against the members. It has seventeen Expert Committees including committees for Taxation, Finance, Government Lesioning, Labour Welfare, Environment and Energy, Exhibition and Website, Training etc. CREDAI- Aurangabad closely works with Government, Urban Local Bodies and Semi-Government agencies and takes initiative in policy formation. CREDAI- Aurangabad discharges various Corporate Social Responsibilities (CSR) directly and through its Members. It undertakes health Checkup camps, crèches, Immunization Programs, Doorstep schools for the children of the labours working at construction sites. CREDAI- Aurangabad has issued Safety Manual to their member which is one of the important aspects for the site personnel to know and follow.
CREDAI since the inception has always been at the forefront of understanding the needs of its buyers. Property Exhibition is just one of many such initiatives the Association has undertaken from its inception. The Property Exhibition provides its members an ideal platform to showcase their developments and properties in a congenial environment to their prospective buyers / investors. CREDAI- Aurangabad has its own website which projects products of the member developers, updated list of CREDAI- Aurangabad members, e-news, Govt. circulars, notification and judgments to directly benefit the members. Association is in the process of upgrading the website. With the upgradation proposing to link to DC rules of AMC, any other through this website. All events of CREDAI-AURANGABAD, CREDAI-MAHARASHTRA & CREDAI-NATIONAL will be linked to the website. There will be online membership application form for new members. In member’s area there will be discussion group. Also, if possible, there will be link to blogs or social media. Link will be provided to all the sites required by developers like IGR, Stamp Duty, Valuation of property, Ready Reckoner etc. Information of CSR-Activities of Members will be on the website.