Lalitkumar Jain

Lalitkumar Jain News

No more 80:20,link home loan to stage of building,says RBI

The 80:20 plan,one of the most popular schemes developed by the real estate sector for buyers,has been nixed by the Reserve Bank of India.

Builder-consumer relations to sour over VAT war

With the court rejecting the plea and state government not giving any relief,developers who are forced to pay value added tax on the property sold after 2006 feel it will spoil relations with customers.


Let down: Housing sector

The real estate sector is disappointed. Confederation of Real Estate Developers' Associations of India president Lalitkumar Jain said,“We,as an umbrella body of real estate in the country,feel disappointed by the unyielding measures taken by Finance Minister Pranab Mukherjee.

Jain CREDAI president

Lalitkumar Jain,chairman and managing director of Kumar Urban Development Limited (KUL) has been elected as the new president of the Confederation of Real Estate Developers’ Associations (CREDAI). Jain who was earlier on the Vice-President of CREDAI (West) has been associated with CREDAI ever since its inception. He was also the secretary and president of the […]