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Role of CREDAI in Noida

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What do existing/potential home buyers in noida feel about credai. Is it a body that has been formed with consumer centric regulation as objective.
Or do you think that this is a cartel with the objective of promoting builder interest, preventing fair competition, causing price escalation, gain bargaining capabilities (for builders) to blackmail rest of the vulnerable stakeholders of the ecosystem like farmers, buyers, etc.

my perception is that CREDAI in noida seems to be a cartel in the garb of self regulation.

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