N E W S L E T T E R

Welcome CREDAI Members 1

Message from the Presidents desk

Dear Friends, When I took over as President along with my new team members in the month of April 2015, faced a few challenges like - !a) Outstanding payment for interior work, b) return of loans to members, c)No other source of regular income for the Chapter !and d) unresolved !Regulatory & Policy related issues. ! The other challenge which CREDAI was facing was one of image building. It is my endeavor to correct the image problem by actively participating in all the city development meetings held by

MCC, DC office or called by the MLA or the District Minister. The CSR activity has now begun in greater earnest which would make CREDAI visible in better light.

I have been emailing the excerpts of President’s dairy for the benefit of members’ detailing the work undertaken by the current team. The new team is extremely energetic and is willing to take up more challenges. Further, the support & enthusiasm of CREDAI members

and!the guidance received from the past Presidents!is worthy of praise.!

In order to have better interface between the Office Bearers and Members we felt the need to start with Quarterly Newsletter. Let me place on record my appreciation to Mr. Felix Albuquerque and team for

bringing out the first Newsletter at such a short notice. In the days to come we will have articles & writings on different taglines such as VAT, Income tax, ESIC, Professional Tax, Court Judgements, Innovation in Construction Industry, etc.

We have shown tremendous unity in our action for the common good of the industry. Our Prime Minister's goal is to improve 'ease of doing business'. But ironically,!we have lost one of our member Builder’s in Thane due to the corrupt and inefficient system we are working in. I feel it is time to stand up and fight for a clean and efficient system.

I hope this Newsletter will become a catalyst for the unity amongst members and help us in continuing our journey towards the vision – HOME FOR ALL.

Yours,

D. B. Mehta

Confederation of Real Estate Developers Association of India

Namaskara

A warm welcome to

all the CREDAI

members.

This is a Quarterly

newsletter to inform,

stay connected and

continue our

journey

towards the

vision

Page 1

CREDAI Board

The Executive

members and

Editorial board

members

Page 3

CREDAI Reports

The landscape of

Mangalore is set to

change. Smart City to

be implemented

Land and building

guideline

notification...

Page 5 & 7

CREDAI in Action

Property Expo at

Mumbai

STATECON 2015 ...

Page 9, 11, 13 & 14

CREDAI Excerpts

A sneak peek of

CREDAI in 2015

Page 15 & 16

CREDAI Display

A public medium to

recognize and

promote the work of

the CREDAI

members

Page 2, 4, 6,

8,10 & 12

“For Private Circulation Only” CREDAI Quarterly Newsletter Vol. 1 - Issue 1 , Nov 2015

N E W S L E T T E R

Confederation of Real Estate Developers Association of India

Namaskara

A warm welcome to

all the CREDAI

CREDAI Board

The Executive

members and

CREDAI Reports

The landscape of

Mangalore is set to

CREDAI in Action

Property Expo at

Mumbai

CREDAI Excerpts

A sneak peek of

CREDAI in 2015

CREDAI Display

A public medium to

recognize and

“For Private Circulation Only” CREDAI Quarterly Newsletter Vol. 1 - Issue 1 , Nov 2015

D B Mehta

A D V E R T I S E M E N T

2 Advertisement

C R E D A I B O A R D M E M B E R S

Team in - charge 3

A W O R D F R O M T H E

E D I T O R I N C H I E F

It brings me immense pleasure to bring the various aspects of Real Estate Development on one page though efficient and active communication. I hope this quarterly newsletter will create a synergy that will benefit every segment of our profession. As Aristotle said, ‘the whole is greater than the sum of it’s parts’, I believe, a group of individuals, with different skill-sets, working towards a common goal, achieve much more than what their individual strengths could achieve. We would like to ensure that we contribute to the common good of all of us by sharing best practices, innovations in real estate, technological know how et al.

An all inclusive growth is always better sustainable in the long run. We aim to highlight stories of positive change being brought about by our members. The newsletter reaches members of CREDAI, Architects, Engineers and general public too. You now have a single point of communication to your target audience in Mangalore. So, when you have a story of rain water harvesting or have just found out a new agency that uses ‘Internet of things’ to create ‘smart homes’, send in your story to feature in the newsletter and you instantly connect to the people that matter.

This is your space to fight for your rights to have a better system in place. Need better transparency in dealings or feel hampered by bureaucracy, send in your story and we will carry your voice to the right people.

Let’s work together to create a better city, a better people, because you know, the whole is greater than the sum of its parts.

CREDAI Editorial Board

CREDAI Executive committee

!"#$#%&'()!*!+,&-./&0(

"'&&,)1!23.0!*!4.5&!+,&-./&0(

!6)7&&0!8),/9:)!*!;90#!<&5,&(),=

!4.09/!+.0(9!*!>(#!<&5,&(),=

",#!?,,9@!+.0(9!*!A,&)-B,&,

+B-'C),)1!>).0!*!D33/#!+)-(!+,&-./&0(

!<#!%#!2,-')/!*!%&3E&,

!<.,)1!2'3&/!*!%&3E&,

<',.0)('!;&EE),!*!%&3E&,

;=/&,!2@.!*!%&3E&,

F)G-'3.-'!$')0/),=!*!%&3E&,

!H&@.I!2@EBJB&,JB&!*!?/.(9,!.0!8'.&K

4.09/!+.0(9!L!<BE!?/.(9,

M.@@.)3!"N<9B:)!L!%&3E&,

<B/&&-'!O),B0)G),)0!L!%&3E&,

+,)39/!+.0(9!L!%&3E&,

20.-')!2@EBJB&,JB&!L!"&-.P0&,

J J

4.0999///!+++......000000((((9999!!!LLLL!!<<<<BBBBEEEE!?/.(99,

.@@@@..)3333!""""""NNNN<<<<9999BBBB::::::))))))!!L!%%%%&3EE&

&-'''!OOOO)))),,,,BBBB0000))))GGGG)))),,,,)))0000!LLLL!%%%%%%&&&3

+,)3333999/!++++....0000(((9!LL!%%%&3EEE&&&&,,,,

!"#$#%&'()!*!+,&-./&0(

"'&&,)1!23.0!*!4.5&!+,&-./&&&&&000000000((((((

!666666)))7&&&&&0000000!888888)))))),,,,,,,///////999:::::::)))))!*****!;;;;;;;;;999990000####!!!<<<<<<&&&&&5,&((((())))),,,,,=====

!44444444.....0000000099999999///////!++++++.0(999!***!>>>>>>>(((((#!<<<<<<<<&5,&&&&((((((()))))))),,,,,=======

"""""""",,,,,,,,#####!????????,,,,,,,,,,,99999@@@@@@!+.000000(((((((99999999!*!A,&)-B,&,,,,,,

+B-''''''''''CCCCCCCCC))))))))))),,,,,,,,,)))))1111111!!!>>>>>>).0000000!*!D33333333///////#####!!!!+++++)-----((((((!+++++++,&-.....////&0(

!<#!%#!2,,,,,,---------''''''''''''')))))))///////!*!%%%%%%%%%%&&&&&33333EEEE&&&&&,,,,,

!<.,)11111111!222222''''333333&&&&&&&///////!!!!*!%&3333333EEEEEEEEE&&&&,,

<<<<<<''''',,,,,,........000000000)))))))))))(((((((((''''''''!!;;;;;&EE),!*!%&3EEEE&&&&&&&,,,,,,,

;=/&,!2@.!*!%&3E&,

F)G-'3.-' $')0/),= %&3E&,

Published by: CREDAI Mangalore

3rd floor, ‘Empire Building’

M G Road, Mangalore -575003-

Contact : 0824 - 4288615

Email-id : mangalorecredai@gmail.comFelix Albuquerque

A D V E R T I S E M E N T

4 Advertisement

!

C R E D A I R E P O R T S

Broadcast 5

New TDR amendments have been carried out in the Karnataka Town & Country Planning (Amendment) Act, 2015 under sections 2, 14A, 14B, 17, 18, 18A AND 69. A gazette notification to this effect has been published by the Karnataka State Government on 10-9-2015.

Mr. D. B. Mehta, President CREDAI, Mangalore & Mr. Dharma Raj from IDF were in the Committee that was constituted by the Chief Minister of Karnataka to propose amendments to TDR. Due to the best of efforts of the duo, the TDR has been increased to almost 380 to 500 sq. ft. for every 100 sq. ft. of land surrendered for development against the prevailing 150 sq. ft. TDR for 100 sq. ft. of land surrendered. As per the new TDR norms for every 100 sq. ft. of land surrendered you will be getting two times of notional land and your TDR will be two times the notional land multiplied by the FAR of your plot further TDR from one place can be used anywhere within the city. However the TDR will get adjusted based on the market value of the TDR plot against the market value of the TDR receiving plot.

What is a Smart City ????"Smart Cities are those that are able to attract investments." Everything else, such as good infrastructure and simple processes that make it easy to start and run businesses.

The core infrastructure elements for Mangalore as a Smart City would include: i Adequate water supply, ii. Assured electricity supply, iii. Sanitation, including solid waste management, iv. Efficient urban mobility and public transport, v. Affordable housing, especially for the poor, vi. Robust IT connectivity and digitalization, vii. Good governance, especially e-Governance and citizen participation, viii.Sustainable environment, ix. Safety and security of citizens, particularly women, children and the elderly, and x. Health and Education.

Implementation of Mangalore as a SMART City would drive economic growth and improve the quality of life of people by enabling local area development and harnessing technology, especially technology that leads to Smart outcomes. Area-based development will transform existing areas of Mangalore into better-planned ones, thereby improving liveability of the

New areas (greenfield) will be developed around cities. Application of Smart Solutions will enhance use of technology, information and data to improve infrastructure and services. Comprehensive development in this way will improve quality of life, create employment and enhance incomes for all, especially the poor and the disadvantaged, leading to Mangalore being an inclusive city.

The implementation of the SMART City project will be done by a Special Purpose Vehic le (SPV) created specifically for this purpose. The SPV may be given complete flexibility to implement and manage the SMART City project. The SPV will plan, appraise, approve, release funds, implement, manage,

operate, monitor and evaluate the Smart City development project.

The Smart City project would bring in an investment of Rs 1,000 Crore from the government to develop infrastructure. The thousand crore which government would invest over a period of 5 years could result in investments of over Rs 20,000 crore into city based projects. Experts claim that barring the Smart City project there is approximately over Rs 30,000 crore projects already sanctioned towards industries in Mangalore. The landscape of Mangalore is set to change, Mangalore is poised for rapid growth and has the basic requisites to become a Global City. The cumulative investment when taken into consideration would increase housing demand, improve job opportunities, generate new business opportunities, facilitate urbanization and improve lifestyle. The SMART City project if implemented right would be a boon for all the citizens and would make our future bright.

CREDAI Mangalore is in the forefront of SMART City initiatives. We are participating in all the Meetings, Conferences & Seminars that are convened by the District Administration and contributing its best to the SMART City initiatives. Apart from this CREDAI members have generously contributed to the fund that has been set up to meet the Expenses of Smart City programmes.

$=Q!<B/&&-'!O),B0)G),)0!

Amendment to Karnataka Town and Country Planning Act , 2015

$=Q!R)1-'&G),!S!TU5&!%)0)P&,

A D V E R T I S E M E N T

6 Advertisement

C R E D A I R E P O R T S

Broadcast 7

The State Government has notified the proposed New Land & Building Guideline Value, and has called for objections from the citizens of Dakshina Kannada. The State Government has proposed to hike the values from 10-30% on the existing land & building guideline value. This hike is illogical, irrational, unrealistic & one-sided. In last two years the Government has increased the Land Value by 50% - 100%, while the truth is Real Estate prices have come down by almost 20% in the same period which is a well known and documented fact by the media & Government sources. Due to the latest proposed increase in the valuation in many instances actual market price is lesser than the proposed Government valuation. A logical, Rational and realistic Land & Building Value along with Maps & related charts was in fact prepared by the Committee constituted by the MLA, Mr. J. R. Lobo, with representatives from

C R E D A I , Mangalore City C o r p o r a t i o n , M a n g a l o r e U r b a n Development Authority, Sub- R e g i s t r a r ’ s o f fi c e , E n g i n e e r s A s s o c i a t i o n ,

Architects Association, & Bar Association and submitted to the Sub-Registrar for consideration. But for reasons unknown the proposal given by Mr. J.R.Lobo & Committee has been rejected. It appears that there is no place for reforms in the method of fixing the guideline value and the Government is relying on the unscientific method of fixing the Guideline Values. The Committee that has been constituted by the Government to look into revision of Land & Building valuation is headed by the Tahasildhar who is neither technically sound nor has vast experience in valuations of property. An Official in the rank of Deputy Commissioner or City Corporation Commissioner has to head the Committee to look into revision of Land & Building values.

CREDAI Mangalore has filed a detailed objection to the Notified Proposed Land & Building Guideline Value and has requested the Sub – Registrar to redo the working logically, rationally & realistically as per present market condition. CREDAI – Mangalore has also submitted a memorandum to the MLA, Mr. J. R. Lobo for his intervention in the matter.

$=Q!6)7&&0!8),/9:)

Mangaluru City Corporation

invites Landowners to join hands

for DevelopmentMangaluru City Corporation (MCC) in its earnest efforts to make Mangaluru a Smart City is in the process of finalizing the various Pan City Projects and Area based Developments to be part of the Smart City Proposal which has to be submitted to the Central

Governments according to the guidelines of Smart City Mission.

Based on the various suggestions received from the Citizens of Mangaluru, MCC is proposing to develop a few Economic Growth Centers as Redevelopment and Green field projects. The most important of them are “Knowledge, Wellness & Sports city” “Finance & Tech city”, “Eco, Leisure & Entertainment city” “Beach & Back water Tourism Centre”, “IT Park”, “Cultural Centre”, “City Park”, etc.

MCC requests all the persons and establishments owning large properties within the city limits or contiguous to the city limits, who are interested in offering their properties on joint development for the development of these ambitious projects, to inform in writing to the Commissioner, MCC.

The owners of land holding of more than 25 Acres can offer their properties on joint development for redevelopment projects and those who have more

than 100 Acres can offer for Green field d e v e l o p m e n t p r o j e c t s . Members are free to offer their properties, if available on j o i n t development , f o r t h e development of t h e a b o v e

mentioned projects and participate in this ambitious proposal of developing Mangaluru as a ‘Smart City’.

Land and building guideline

notification

$=Q!8933.--.90&,S!%88

A D V E R T I S E M E N T

8 Advertisement

!

C R E D A I I N A C T I O N

Communique 9

STATECON 2015STATECON is an Annual State Convention of CREDAI Karnataka. This time it was hosted by CREDAI Belagavi on 2nd and 3rd of September 2015 at KLE Centenary Convention Center, Belagavi.

The convention was inaugurated by the Hon UD Minister of Karnataka, Mr. Vinay Sorake and Hon Dist Minister Mr. Satish Jarkiholi, in the presence of Mr. Kiran Sayanak, Mayor of Belagavi City.

Around 600 people attended the convention consisting of CREDAI Karnataka City Chapter members, distinguished guests, BAI Members, Prominent Engineers, Contractors, Architects, Planners, Architecture & Engineering Students, Sponsors, & Construction Material Manufacturing Company representatives.

Some of the panel discussion topics held during the Statecon :-

a. Difficult times being faced by the Industry. How to face them and improve sales?

b. Presentation on managing Organization the most effective way.

c. Smart City Planning / Road Map for M a s s i v e Urbanizat ion a n d t h e Opportunities o p e n t o Developers for the next 5 years.

d. Unleashing the power of Digital Marketing and Social Media Networking

e. CREDAI Clean City Movement. What we do and how we help the environment?

Key Takeaways of the discussion were :-

Broader concept of Smart City, avenues of Funding for Developers on different scale, Balancing business growth with customer protection , Masterstrokes - Learning from Industry leaders, Managing your business Vs Business managing you, Understanding CSR Activities, & New Construction Technologies.

CREDAI Property Expo at

Mumbai

As many as 40 builders from Mangaluru and Udupi converged at Bantara Bhavana, Kurla East Mumbai for the Property Expo 2015, organized by the Mangaluru CREDAI, from 11th- 13th of September 2015.

The three-day Property Expo 2015 was inaugurated by Mr. Sudhir V Shetty, Chairman, Charishma Builders, Mumbai, Mr. Karnire Vishwanath Shetty, President, Buntara Sangha, Mumbai, Mr. Adarsh Shetty, President, AHAR Mumbai were Guests of Honour. The Property Expo 2015 was successful in showcasing the development of Mangalore.

D B Mehta, P r e s i d e n t , C R E D A I , M a n g a l u r u presided over the i n a u g u r a l ceremony. He said, "This is the first p r o p e r t y exhibition after Mangaluru was selected for Smart City Mission. In fact, the idea to stage a Property Expo in Mumbai was planned instantly, once Mangaluru was chosen as Smart City, in order to offer the best opportunity to the South Kanara people residing in Mumbai. Mangaluru and Udupi are great investment destinations and people from South Kanara in Mumbai should make the best use of this opportunity".

He also emphasized that the Smart City tag will enable the city to have 24x7 power and water facilities and better civic infrastructure. "Mangaluru will be well equipped to handle solid waste management and sewage water treatment in this initiative too," he added. He also pointed out that the city will get equipped with e-governance, IT Park, Tourist hubs, state-of-art infrastructure and technology-driven interfaces. Investments will flow to Mangaluru like never before with rapid development of the city. He added, “This is the right time to invest in residential properties in Mangaluru and Udupi and become a part of the emerging smart metropolis”.

A meet with Chartered Accountants of Mumbai hailing from Mangaluru and Udupi was held at the venue on September 12th and a brokers' meet was held on September 13 at the Expo venue to evolve better strategies for promoting Mangaluru and Udupi projects in Mumbai.

$=Q!Samarth Yattinamani, Belagavi $=Q!R)1-'&G),S!TU5&!%)0)P&,

A D V E R T I S E M E N T

10 Advertisement

C R E D I A I N A C T I O N

Voice of CREDAI 11

Protest

CREDAI National had called for all India Protest condemning the Govt. apathy &

corruption that led to the demise of CREDAI member Mr. Suraj Parmar of Cosmos

Group, Thane.

111111

Protest at

Bangalore and

Mangalore

A D V E R T I S E M E N T

12 Advertisement

C R E D A I I N A C T I O N

Communique 13

Partnership with Round Table – Guiding Stars 2016

Hearing and Speech Impaired Children’s Event

The Event and Our AssociationCREDAI Mangalore will be associated with this year’s edition of Guiding Stars, a treasure hunt specially designed for Visual and Speech Impaired children. The uniqueness of this event lies in the fact it involves significant public participation and participants get an opportunity to interact closely with these children.

Mutually BeneficialMembers and associates of CREDAI have been invited as special guests to witness and experience this event. Such an association will be mutually beneficial for CREDAI Mangalore and Round Table as the event generates tremendous goodwill and positive publicity through awareness among citizens and leader of Mangalore city. Funds generated in excess of the costs of this event, have been utilized towards Round Table Mangalore’s “Transforming Public Education” campaign through school adoption. This is the 6th edition of the annual event, with the chief sponsor of the event of the last year being BMW. This year’s event is likely to take place on December 7.

FLAG-OFF OF GUIDING STARS 2015

BY SRI. JR LOBO AT BMW

SHOWROOM, PADIL, MANGALORE

A VISUALLY IMPAIRED PARTICIPANT READS BRAILLE CLUES AND GUIDES A DRIVER TO

THE NEXT POINT ON THE TREASURE HUNT

THE FUNDS RAISED DURING THE EVENT WERE USED TO TRANFORM THE INFRASTRUCTURE OF

THIS GOVERNMENT SCHOOL AT MANNAGUDDA,

MANGALORE

A VIEW OF THE SCIENCE LAB OF THE SCHOOL AFTER THE

TRANSFORMATION.

A VIEW OF THE AUDIO VISUAL LEARNING ROOM BUILT BY THE

ROUND TABLE.

AS A PART OF THIS TRANSFORMAITON, ROUND TABLE HAS INTRODUCED HOLISTIC DEVELOPMENT FOR CHILDREN

WITH MUSIC AND SPOKEN ENGLISH CLASSES.

S N A P S H O T S O F C R E D A I I N A C T I O N

14 Peek - a - Boo

CREDAI - On 29th September, 2015, Zen engineering one of the pioneers in Waste Water Management had a small Introduction/Seminar along with CREDAI Mangalore for its members at Deepa Comforts. Zen Engineering operating approximately in 35 countries are industry leaders in Design, Manufacture and Exporter of water and solid waste Treatment Equipments. Customized Treatment Solutions to builders and other industries like, Pharmaceuticals & Food Processing, Beverages & Mineral Water (Package Drinking Water, Colas, Synthetic Ready to drink juice etc) & Chemicals & Packaging etc. They also provide solutions for solid waste and

water projects on Turnkey Design, Procurement, Installation and Commissioning.

CREDAI – On 13th October, 2015, Mangalore held a press meet at the Press Club at 11 a.m., and later submitted Memorandum protesting against the corrupt and inefficient administration. We lost the life of Mr. Suraj Pasmar, President CREDAI, Thane, due to harassment he suffered from the administration and politicians. A Memorandum was submitted to Shri. Mohammed Nazeer the MUDA Commissioner, Dr. H. N. Gopalakrishna, the Commissioner, Mangalore City Corporation and Shri. A. B. Ibrahim, I.A.S., Deputy Commissioner, Mangalore, Also, to Shri. J.R.Lobo, MLA, Mangalore South Constituency. The Members had shut their office, Construction Sites and Registration activities on 13-10-2015 to register their protest and solidarity.

CREDAI - On 6th April, 2015, the new Executive Committee of CREDAI - Mangalore was installed in a function held at Hotel Deepa Comforts. Mr. D.B.Mehta along with his team took the oath of office.

Mr. D.B.Mehta installed as President by the outgoing President Mr. Pushparaj Jain in the presence of MLA Mr. J.R.Lobo, MLA Mr. Mohideen Bawa, Mayor, Ms. Jesinta Vijay Alfred & MLC Mr. Ivan D'souza.

1414 PeePeePeek -k -k - a a - B- Boooo

Members along with dignitaries as a

group at the venue of the Property

Expo 2015 at Mumbai

Mr. Nagaraj Reddy, Chairman,

CREDAI - Karnataka presenting

the Hon. UD Minister, Shri Vinay

Kumar Sorake with a Memento at

STATECON

Mr. Parimal Pajankar - MD of Zen

Engineering explaining about their

products

Memorandum submission to to Shri.

J.R.Lobo, MLA, Mangalore South

Constituency

. Mayor Ms. Jesintha Vijay Alfred,

MP, Mr. Nalin Kumar Kateel, MLC,

Mr. Ivan D'souza attended the

installation ceremony

C, BMW Officials gave presentation &

apprised CREDAI Members about the

BMW Technology and the new car

models that have entered the market

C R E D A I E X C E R P T S 2 0 1 5

Confederation of Real Estate Developers Association of India 15

April 2015: The President along with team

presented a charter of demands memorandum to the

MP Mr. Nalin Kumar Kateel, MLA’s Mr. J.R.Lobo and

Mr. Mohideen Bawa, the MLC Mr. Ivan D’souza and

Mayor Mrs. Vijaya Alfred. The recipients agreed to

consider the memorandum. A meeting was conducted

under the aegis of CREDAI attended by various other

associations like, Architects guild, Engineers’ assn.,

DSIA, KSIA, KBA and Hotel Owners’ assn. to discuss

the exorbitant hike made in SWM cess. A detailed

memorandum of objections was submitted to the

MCC Commissioner with a copy to the local MLA Mr.

J.R.Lobo. The Committee met the MLA Mr. J.R.Lobo

for voicing displeasure on the proposed Land &

Building guideline value and prepare plan of action.

The MLA Mr. J.R.Lobo assured the CREDAI team of

convening a meeting of Registrars and other officials

to discuss the notification. CREDAI – Mangalore filed

objections to the proposed land and building

guideline with Sub-Registrar.The President along with

the Secretary attended a meeting at New Court

Complex at the office of Senior Civil Judge & Member

Secretary of DLSA Mr. Ganesha B and also attended

by the officials of Labour department to discuss the

Registration process of Construction site Labourers.

The President agreed to support the issue as the

matter was under High Court supervision. Officials

from the Labour Department were able to do 1006

Registration with the help of member builders.The

President along with other members of CREDAI

attended the meeting called by Mr. J.R.Lobo at City

Corporation committee hall to discuss the proposed

new land and building guideline value. The President

and Mr. Dharmaraj explained the loopholes and

discrepancies lying in the notified Guideline value

and said that a scientific calculation is required. The

MLA and other officials agreed to map the

geographical area in a logical way and do the

valuation in a scientific approach.

May 2015: The President along with the

Hon. Secretary attended the Executive Committee and

Governing Council Meeting of CREDAI – National

and CREDAI – Karnataka at Bangalore. It was decided

in the meeting that CREDAI will function as one unit

and try to solve each and every issue affecting the

functioning of member community. Several Sub –

Committees were constituted to oversee the issues

affecting members and find suitable solutions.

The President and the Hon. Secretary attended the

Felicitation and closing ceremony of the 19th Federation

Cup 2015 held at Mangala Stadium, Mangalore. CREDAI

– Mangalore was a co-sponsor of the event. The

President and the Hon. Secretary along with builder

members attended the development meeting held at the

council hall of Mangalore City Corporation. The

Developmental meeting was chaired by the Hon. UD

Minister Mr. Vinay Kumar Sorake and was attended by

MLA Mr. J. R. Lobo, Corporation Commissioner, MUDA

Commissioner, Mayor, Dy. Mayor, Corporators and

others. The President voiced against the inadvertent

delay happening in issuing of License, Occupation

Certificate, Refund of Security Deposit, Water Connection

deposits and SWM Cess. The UD Minister directed the

Commissioner & the concerned officials to expedite the

pending issues and streamline bottlenecks on priority.

Former Mayor, Mr. Shashidhar Hegde informed the

gathering that a committee has been formulated to go

study the SWM Cess issue and assured that the cess

would be brought down in the next FY. The President

and Hon. Secretary attended the meeting of member

Associations and renowned IT personalities held at Mr.

Dharmaraj’s Office to discuss and plan the steps to

develop IT Sector in Mangalore. Ex-Infosys Official Mr.

Ramdas Kamath pledged his full support to the initiative.

It was unanimously decided to form a committee headed

by the CREDAI President with representation from other

associations and take the matter forward. The President

and the Hon. Secretary attended the meeting called by

Mr. J.R.Lobo at the council hall of City Corporation to

discuss on formation of committee to amend ZR &

Building bye laws. The gathering decided to form a

standing committee with representatives from all stake

holders and commence the work at the earliest. The

gathering also discussed about the utilisation of Premier

FAR Funds for road widening in appropriate manner. The

President suggested that the Premium FAR funds have to

utilise for the purpose it is meant for and as per the laws

binding it.

June 2015: The President, Vice – President, Mr.

Vinod Pinto, Mr. Lakshmish Bhandary, Mr. Guru M.Rao,

attended the meeting involving District In-charge

Minister, Mr. Ramanath Rai, MLC Mr. Ivan D’Souza, The

DC, ADC and Mines officials. CREDAI along with its

member associations updated the Minister with regard to

acute shortage of Sand for projects in Mangalore and

actual amount of sand supplied to other Districts vis-a-vis

Government order.!

E X C E R P T S C O N T D .

16 Confederation of Real Estate Developers Association of India

The Minister heeding the request directed the

District Administration to ban inter District sand

supply till 15th June 2015 with immediate effect and

make the excavated sand available to the local market.

The President brought to the notice of the District In-

charge Minister and the Deputy Commissioner that

CRZ Ban is not applicable to fresh water mining and

sand mining can be done in non -CRZ Areas. The DC

informed the delegation that they have already

identified 17 fresh sand blocks in non-CRZ areas and

the same would be notified and put into auction for

mining. The DC also suggested that the District

Admin is open to grant sand mining license to

CREDAI nominated sand miners with an implied

understanding that such mining will be supplied only

to CREDAI members. The President took part in the

meeting held at MLA Mr. J. R. Lobo’s office convened

for reworking of Land & Building Guideline Value

scientifically and took active part in the pricing of land

value locale-wise. Mr. Vinod Pinto, Jt. Secretary also

took part in the activity. The activity now is in the

finishing stage and would be submitted to the IGR

through the MLA Mr. J. R. Lobo for consideration.

The In-charge President, Secretary, Mr. Vinod Pinto

& Mr. Lakshmish Bhandary attended the meeting

convened at DC office to discuss about sand shortage

and stop gap arrangements.

July 2015: The President & Secretary attended

the Tourism department meeting convened at the DC’s

Office to discuss Tourism Development in Mangalore.

The President & the Secretary chipped in with

valuable suggestions. The Hon. Secretary in the

absence of the President attended the EC-GC meeting

held at Mumbai on 24th & 25th of July. The GC

discussed in detail the CSR & Skill development

programme schedules.

August 2015: The President led a

delegation of CREDAI_ Mangalore to DG – Fire at

Bangalore and had lengthy meeting with matter

related to non-issuance of Fire NOC to Mangalore

Builders. The President Submitted Court Judgements

and related documents substantiating the stand and

requested the DG – Fire to issue NOC based on

Mangalore Zonal Regulations. The President

attended the meeting of VAT/IGR convened by

CREDAI – Karnataka at Bangalore. The President

interacted with Mr. Ritvik Pandey, Commr. of

Commercial Taxes & Mr. Manoj Kumar Meena, IGR –

Registration & Stamps.

September 2015: The President and the

Committee Members met the DG – Fire at Bangalore and

had second round of discussion with regard to issuance

of Fire – NOC. The delegation prevailed upon the DG –

Fire and the DG – Fire agreed upon to issue the Fire –

NOC based on Mangalore Zonal Regulations. The

President attended the Smart City initiative meeting that

was convened at the DC office to discuss the plan of

action. The President chipped in with useful suggestions

& observations. The President & the Hon. Secretary

attended the meeting with UD Minister convened by

CREDAI – Karnataka at Vidhana Soudha, Bangalore. The

President & Secretary voiced their concerns & demands

with the UD Minister and were assured of needed action.

The President & the Secretary attended the meeting of

Smart City convened at Hotel Ocean Pearl by the

member Associations. The President & Secretary agreed

to the take lead in raising funds required for Smart City

preliminaries.

October 2015 : The President attended the

EC-GC meeting held at Jaipur on 9th & 10th of October

2015. There was extensive discussion on matters related

to CSR & Skill development and the GC agreed upon to

expedite the process of resource mobilisation for CSR

activity. The President chaired a meeting of Executive

Committee Members called upon to discuss the notified

Land & Building Guideline value and the Committee

decided to file an objection to the proposed values with

the Sub- Registrar. The Committee also decided to take

up the matter with the MLA Mr. J. R. Lobo. The

Committee discussed about the notification of State

Government on Existing Structures and in principle

decided to take up the issue legally. The Secretary in

absence of the President attended the meeting convened

at the office of IGR at Kandaya Bhavana to discuss the

notified proposed Land & Building guideline Value.

2015