CREDAI NCR have set up Code of Conduct for consumer complaints

By Accommodation Times Bureau

New Delhi
In a move to provide more solutions for consumer grievances the (Confederation of Real Estate Developers Associations of India) members of National Capital Region (NCR) has proposed a new set of rules. Now-a-days consumers are facing several problems mainly delay in possession, unfair trade practices, excess money demand over agreed value and ambiguity over sold areas.
Mr. Pankaj Bajaj, President, Confederation of Real Estate Developers Associations of India – National Capital Region (CREDAI NCR) said that, “our prime concern is consumer satisfaction transparency and accountability. Many middle class customers carry the perception that the developers are not answerable and that the only recourse is litigation which is a long drawn and messy process.”
The Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body for private Real Estate developers in India. CREDAI represents over 6,000 developers through 18 member associations across the country. According to the Bajaj the concept of introducing code of conduct is to segregate fair developers from fly by night operators in a sector which has been maligned for its opaqueness.
The fundamental objective of the CREDAI NCR’s Code of Conduct is:
•To promote the high standard of real estate development and construction activities so as to promote transparency in system;
•To maintain the honor and dignity of Developers in general and to secure a spirit of friendly co-operation between the Developers and their customers;
•To establish honorable and fair dealing of the Developers with their customers;
•To promote brotherhood amongst the members of the Association;
•To ensure that Developers discharge their responsibilities to the Society in a fair, transparent and efficient manner.





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2 thoughts on “CREDAI NCR have set up Code of Conduct for consumer complaints

  1. Dear Sir,
    I wish to know about TDI who is developing the township . They have not provided me any building plan / floor paln etc and there is demand for EDC without even starting the construction for particular tower . Kindly lent me know how to address this issue

  2. SIR,
    ABOUT 40 DAYS BEFORE I HAVE SUBMITTED MY PROBLEM OF DELAYED POSESSION OF FLAT BY OMAXE LTD AT OMAXE HEIGHTS, NORTH AVENUE, BHADURGARH IN EMPIRE TOWER FOR FLAT NO 102. HOWEVER SO FAR NO REDRESSAL HAS BEEN RECEIVED FROM YOUR END. KINDLY HELP JUSTIFIABLY.

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