Credai plans to buy building materials in bulk to cut costs

         Hyderabad: Indian real estate developers Associations (Credai) is considering buying bulk, most of the building materials to promote direct from the manufacturer, a move aimed at cutting costs across the country whose members number more than 11,000.

          "We're going to try to use bulk buying patterns bargain effectively in the short term, the manufacturers to improve the housing market downturn real estate profits, said:" ÇShekar Reddy, former PRESI ..
Builders consume thousands of cement, steel, ready-mixed, cables, electrical accessories, elevator paint, other materials, annual tons. Credai move comes as real estate developers saddled with more than 1,000 billion (about Rs 6.2 lakh crore) left unsold housing stock piled up in the past few years. Alai Square reported that the sale of residential units dropped to Rs 23,400 units in 2014, down 17% from the previous year, and the new launche ..
            Reddy said Credai has successfully with bulk purchasing model on a pilot basis earlier purchased a large quantity of cement from the cement company in India to try. "We can not continue to buy large amounts of models in the technology industry, not many people the day. Today, we are a fairly large community, consider displaying our bargaining power with the manufacturers over the traditional buying patterns significant gains," he said.
            Credai has identified a variety of domestic and global supplies several large manufacturers, and has begun negotiations with them, and seek significant cost benefits through the purchase of a large number of long term, Reddy said. "We can even come up with a global tender, if necessary, seek to arouse the competitive building material manufacturers at competitive prices between, we will consider whether it's from the global market works cheaper imports," he said.

SOURCE : WEB