CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the cost the Confederation of Real Estate Developers’ Associations of India (CREDAI) is to invest in the restoration of 10 waterbodies in Chennai, Tamilnadu?
A
Rs.25 lakhs
B
Rs.50 lakhs
C
Rs.100 lakhs
D
Rs.5 lakhs
Explanation: 

Detailed explanation-1: -The Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body of private Real Estate developers in India, established in 1999, with a vision of transforming the landscape of Indian Real Estate industry and a mandate to pursue the cause of Housing and Habitat.

Detailed explanation-2: -The CREDAI (Confederation of Real Estate Developers’ Association of India) is an association formed by builders and developers in India to self-regulate the business of real estate development.

Detailed explanation-3: -All associations of promoters and builders of real estate as well as associations of real estate developers anywhere in the country can become CREDAI members. All individual developers and builders can become members of the city- or state-level developer associations, which can in turn become members of CREDAI.

Detailed explanation-4: -The Confederation of Real Estate Developers’ Association of India (CREDAI) is an association formed by developers and builders in India for self-regulating the business of real estate development.

There is 1 question to complete.