With a view to provide affordable housing to the vast middle class and lower class of India the of Real Estate Developers' Associations of India (CREDAI) has demanded for reduction of the various taxes levied by the government.

The CREDAI is taking a number of steps to ensure for ways to provide affordable housing to Indian people, the organization is planning for NATCON-2010 a convention for 2 days where ways to provide affordable housing will be the main agenda of discussion.

As for the current scenario in India service tax, stamp duty, VAT, excise duty, sanction and approval costs amount to a major part of the costing of the house.

These taxes mean paying up of 30-33 per cent to the government, which by no means is a fair deal, especially for people of middle class dreaming of owning a house. Pradeep Jain in a press conference in NCR, who is the president of this association, will be requesting the government to lower the taxes, thereby making the housing schemes affordable. Urban India has had a shortfall of 25 million houses, as per the latest data, and the government's taxation policy is to be blamed for it.