Credai to survey housing needs

Date : Nov 9, 2014

BHUBANESWAR: Confederation of Real Estate Developers' Association of India (Credai) state chapter on Friday announced that the body will conduct a survey on housing needs of people in the state to understand the buyers' needs.

Credai national joint secretary D S Tripathy said the survey would be conducted among visitors to a property exhibition to be held by Credai from November 14 to 17 here.

"Around 5,000 footfall is expected. We will survey their expectations on price, location, size and amenities in housing projects. It would give a fair idea about people's aspirations and guide the government and private developers in planning future projects," he told a news conference.

In the expo, around 35 developers would showcase 100 projects, starting with a minimum price of Rs 15 lakh per housing unit to maximum Rs 1 crore.

At a later stage, the survey would be made dynamic by opening it to people online so that constant feedback from them could come periodically, Tripathy said.

State Bank of India (SBI) DGM Arup Dasgupta said latest trends show the real estate market would rebound soon after a prolonged slumber in the state. Dasgupta said SBI will not take processing fee from customers choosing products from the expo and taking loan for them till December 31.      Source And Courtsey By :- http://timesofindia.indiatimes.com/city/bhubaneswar/Credai-to-survey-housing-needs/articleshow/45077820.cms