Now there will be hope for real estate customers affected by fraudulent deals of unscrupulous builders. CREDAI (Confederation of Real Estate Developers’ Association of India) Orissa is coming up with a ‘Code of Conduct’ that will help real estate customers to get fair and transparent deals. CREDAI Orissa has 40 builder members under its fold who will be signatories to this enactment and they will work towards providing clean deals to customers in the future.
D S Tripathy the general secretary of CREDAI Orissa while talking to media persons said that from January 15 onwards it will be mandatory for all CREDAI Orissa members to adopt the Code of Conduct. The code of conduct will also include a grievance cell that will entertain complaints from consumers against real estate developers regarding any problem or deficiency faced by them. Moreover developers on their part have to provide their customers project details like status of various clearances which will include building plan approval, environmental clearance etc. Mr. Tripathy further added out of the 40 members of CREDAI Orissa 30 have already given a written undertaking to abide by the provisions laid down in the Code of Conduct. He made it clear that members not adhering to the code will be expelled from the association.
D S Tripathy the general secretary of CREDAI Orissa while talking to media persons said that from January 15 onwards it will be mandatory for all CREDAI Orissa members to adopt the Code of Conduct. The code of conduct will also include a grievance cell that will entertain complaints from consumers against real estate developers regarding any problem or deficiency faced by them. Moreover developers on their part have to provide their customers project details like status of various clearances which will include building plan approval, environmental clearance etc. Mr. Tripathy further added out of the 40 members of CREDAI Orissa 30 have already given a written undertaking to abide by the provisions laid down in the Code of Conduct. He made it clear that members not adhering to the code will be expelled from the association.
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