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New approach of CREDAI

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To cater the realty promoters and customers a scaffold for tenacity conflicts, Tamil Nadu chapter of Confederation of Real Estate Developer Associations of India (CREDAI) has started a bellyache redressal forum. President of CREDAI said to www.propertykhazana.com that, “It will be a 4 member committee but at present we have taken only three members and last one will be selected shortly. The idea to start such a committee was generally decided by CREDAI members at our last meeting.” The committee will manage bellyache chosen by customers against promoters who are members of CREDAI and conflicts will be set on during the consultants in the short time doable and the idea taken by the committee will be compulsory on builders and customers. But, not all builders in Tamil Nadu are members of CREDAI, he added.
He also said that, “There are other associations created by the builders in Chennai and in other parts of the state, the conflict redressal committee will also charge a fee for its service. If in case committee members challenge situations where there is no much lucidity in the accord among the promoter and purchaser then the customer will get the double profits. We get many bellyaches from customers, if these issues go to courts it will take time for resolution. CREDAI’s objective is to confirm a high level of lucidity and just do in land dealings and our members rose up the plan of creating a keen forum to manage conflicts, but now only we are able to complete it and all members are parties to this decision.” For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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