(Vijayawada)
The exponential real estate growth in Vijayawada in the last couple of decades, has been instrumental in the formation of a representative body of developers and builders – BUILDERS ASSOCIATION OF INDIA, AMARAVATI CENTER - Vijayawada.
The concentration of the Education and Industrial sector in the Vijayawada, and the Airport in Gannavaram has provided for an all-round development of real estate industry both in commercial and residential. Developers from other cities have also started foraying into Vijayawada to establish their presence.
All these factors necessitated the formation of BAI that could suggest and implement rules and regulations to:
To perpetuate an ethical code of conduct, which is self-imposed and mandatory for all the member developers/builders of BAI and to maintain integrity and transparency in the profession of real estate development.
To represent the overall interests of developers / builders in Vijayawada by engaging in regular dialogue and representation with concerned authorities, on policy or regulation-related issues.
To create a platform for developers/builders to work together in concert, towards improving the quality of development and construction related activities, by sharing efficiency ideas, and eventually work towards sustainable constructions.
To disseminate data, statistics and other related real estate development information to its members.
To promote the interest of construction workers and to educate them on best practices.
To provide a transparent platform for property purchasers, sellers and housing finance agencies; and to address grievances in a timely fashion.
To be the Knowledge Bank for all Property related enquiries in Vijayawada.