Established in 2002, VARANASI BUILDERS AND DEVELOPERS ASSOCIATION (VBDA) started its functioning with seven visionary founding members to effectively and systematically coordinate real estate activities of Varanasi. As an extension of yet another branch of ‘Confederation of Real Estate Developers’ Association of India (CREDAI)’ , and designated as CREDAI, VARANASI, the scope of VBDA includes land development, planning and constructions of residential, commercial and institutional structures equipped with essential infra-structural facilities such as : roads, electricity, drainage, water supply and many more. With an aim to provide a vibrant platform to discuss, interact and produce positive ideas, the VBDA devotes its time, energy and resources to fulfill “AIMS AND OBJECTIVES” detailed in “MEMORANDUM OF ASSOCIATION” and develop sense of united fraternity amongst its members to toil for:
In addition, the Association also leads different welfare drives to improve socio-economic and public activities. The financial contribution of VBDA to provide relief to earthquake victims of Nepal were highly commended by the state government. The Association acts as a catalyst to improve legal obligations to solve problems related to real estate activities. The recent verdict of the Hon’ble High Court Allahabad on November 2016 to waive off ‘Subdivision Charge, Internal Development Charge, F.A.R. Charge/City Development Charge and Purchasable F.A.R. Charges’ shall go a long way in drastically developing real estate activities of not only for Varanasi but entire region of U.P. and Uttarakhand. Members of the Association in their individual capacity help and assist district administration to manage and upgrade many cross-roads of the city as well as proper maintenance of public sector buildings. Working closely with Varanasi Development Authority, Varanasi, the VBDA has been instrumental in finalising Master Plan of Varanasi.