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CREDAI
3.6
based on 28 Reviews
Company Overview
Company Locations
Working at CREDAI
Company Summary
CREDAI advocates for the real estate sector in India, promoting transparency and safeguarding home buyers' interests through policy engagement and grievance redressal.
Overall Rating
3.6/5
based on 28 reviews
8% below
industry average
Critically rated for
Job security
Work Policy
Monday to Saturday
53% employees reported
Strict timing
52% employees reported
Within city
40% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
2 employees reported
View detailed benefits
About CREDAI
Founded in1999 (26 yrs old)
India Employee Count5k-10k
Global Employee Count1 Lakh+
India HeadquartersDelhi/NCR, New Delhi, India
Office Locations
--
Websitecredai.org
Primary Industry
Other Industries
--
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Confederation of Real Estate Developers’ Associations of India (CREDAI) was established in 1999 with the charter for policy advocacy in favour of housing and real estate. In this endeavour, CREDAI interacts with Government, academics and media. In particular, CREDAI partners with the Government in its programme of ‘Housing for All by 2022. CREDAI promotes fair play and transparency in the business of real estate. In particular, to safeguard the interest of home buyers, the members of CREDAI voluntarily adopt a ‘Code of Conduct’. Consumer Grievance Redressal Forum has been set up to serve as the first port of call for home buyers to register their complaints and have them resolved efficiently and cost-effectively.
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CREDAI Ratings
based on 28 reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
12
4
7
3
5
2
2
1
2
Category Ratings
3.7
Work-life balance
3.5
Company culture
3.5
Salary
3.5
Work satisfaction
3.4
Skill development
3.4
Promotions
3.3
Job security
CREDAI is rated 3.6 out of 5 stars on AmbitionBox, based on 28 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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CREDAI Reviews
Top mentions in CREDAI Reviews
Compare CREDAI with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 28 reviews | 3.9/5 based on 1.8k reviews | 4.3/5 based on 429 reviews | 4.1/5 based on 59 reviews |
Highly Rated for | No highly rated category | Job security | Work-life balance Job security Company culture | Work-life balance Job security Salary |
Critically Rated for | Job security | Promotions | No critically rated category | Promotions |
Primary Work Policy | - | Work from office 89% employees reported | Work from office 87% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 2.6 Poor rated by 8 women | 3.9 Good rated by 165 women | 4.0 Good rated by 57 women | 4.1 Good rated by 13 women |
Rating by Men Employees | 4.2 Good rated by 18 men | 3.8 Good rated by 1.6k men | 4.4 Good rated by 334 men | 4.1 Good rated by 44 men |
Job security | 3.3 Average | 3.9 Good | 4.3 Good | 4.2 Good |
View more
CREDAI Salaries
CREDAI salaries have received with an average score of 3.5 out of 5 by 28 employees.
Executive Accountant
(6 salaries)
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₹2 L/yr - ₹4.2 L/yr
General Manager Finance
(4 salaries)
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₹16.5 L/yr - ₹18 L/yr
Assistant General Manager
(4 salaries)
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₹17.8 L/yr - ₹24 L/yr
Coordinator
(4 salaries)
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₹1 L/yr - ₹3.5 L/yr
Executive Assistant
(4 salaries)
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₹4.3 L/yr - ₹4.5 L/yr
Software Engineer
(4 salaries)
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₹4.8 L/yr - ₹10 L/yr
Relationship Manager
(4 salaries)
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₹3.6 L/yr - ₹4.8 L/yr
Legal Executive
(4 salaries)
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₹4.5 L/yr - ₹7.3 L/yr
General Manager
(4 salaries)
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₹7.2 L/yr - ₹19 L/yr
Business Development Manager
(4 salaries)
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₹4 L/yr - ₹7 L/yr
CREDAI News
Huge demand for data centres in India, 18 mn sq ft area needed in 4-5 yrs: Smriti Irani
- India is experiencing a huge demand for data centers, requiring an estimated 18 million square feet of area in the next 4-5 years.
- Smriti Irani, speaking at a conference, highlighted the increase in Global Capabilities Centres (GCCs) in India and the need for building capacities for future data centers and attracting more GCCs.
- She acknowledged the contribution of the real estate sector to India's GDP and urged builders to share best practices with urban local bodies.
- CREDAI, the apex body of private real estate developers in India, is organizing the 6th edition of the New India Summit to navigate the evolving landscape of real estate.
HinduBusinessLine | 8 Mar, 2025
CREDAI Expects 'Limited Direct Impact' From 25bps Rate Cut, Demands Further Reduction
- Realtors' apex body CREDAI on Friday said the RBI's decision to cut benchmark lending rate by 25 basis points might have limited direct impact on the sector and sought further reduction in the next monetary policy meet for stronger impetus to housing demand.
- Another association, Naredco welcomed the RBI's decision, saying it could lead to lowering of interest rates on home loans, which in turn will boost housing sales.
- The RBI on Friday slashed the repo rate by 25 basis points to 6.25 per cent. This was the first reduction since May 2020 and the first revision after two-and-a-half years.
- CREDAI National President Boman Irani said that a further rate cut in the next MPC meeting will provide a stronger impetus to overall demand, accelerating housing sales, particularly in the mid-income and affordable segments.
- Naredco National President G Hari Babu said the rate cut will have a positive impact, making home loans more affordable and increasing demand for housing.
- According to data analytics firm PropEquity, housing sales across nine major cities dropped 9 per cent to nearly 4.71 lakh units in 2024 on lower demand as well as fall in fresh supply.
- Shriram Properties CMD Murali Malayappan said this move is expected to enhance economic growth, improve liquidity, and benefit borrowers.
- The decision will also have a large impact on housing demand in the country. 'With control of inflation, we expect more cuts in the upcoming meetings, further boosting demand, especially in mid-segment housing.' said Ashish Puravankara, Puravankara MD.
- The rate cut will facilitate growth of the real estate sector as said by Hawelia Group Chairman Rattan Hawelia and Uddhav Poddar, CMD of Delhi-based Bhumika Group said the move will uplift the market sentiments and hoped for more such rate cuts in the future.
- Mumbai-based Supreme Universal Joint MD Sunny Bijlani said the RBI decision will not only ease the financial burden on existing homeowners but also encourage new buyers to enter the market, strengthening overall demand.
Bloomberg Quint | 7 Feb, 2025
Budget fails to address key concerns of real estate sector: CREDAI, NAREDCO
- The real estate sector feels that the budget has failed to address its key concerns.
- NAREDCO President emphasizes the need for revisions in the housing cap and reduction in home loan rates.
- NAREDCO also welcomes the establishment of the Urban Challenge Fund for redevelopment projects.
- CREDAI expresses disappointment over the budget's lack of specific tax incentives for real estate and insufficient allocation for urban development.
HinduBusinessLine | 1 Feb, 2025
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CREDAI FAQs
When was CREDAI founded?
CREDAI was founded in 1999. The company has been operating for 26 years primarily in the Non-Profit sector.
Where is the CREDAI headquarters located?
CREDAI is headquartered in Delhi/NCR, New Delhi.
How many employees does CREDAI have in India?
CREDAI currently has approximately 7,500+ employees in India.
Does CREDAI have good work-life balance?
CREDAI has a Work-Life Balance Rating of 3.7 out of 5 based on 20+ employee reviews on AmbitionBox. 68% employees rated CREDAI 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read CREDAI reviews for more details
Is CREDAI good for career growth?
Career growth at CREDAI is rated as moderate, with a promotions and appraisal rating of 3.4. 32% employees rated CREDAI 3 or below, while 68% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading CREDAI reviews for more detailed insights.
What are the cons of working in CREDAI?
Working at CREDAI does have some drawbacks that potential employees should consider. The company is poorly rated for job security, based on 20+ employee reviews on AmbitionBox.
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