-
Boman Irani appointed as Vice President, CREDAI West
Zone second time in a row
-
Satish Magar takes over as new CREDAI President with a
mission to “Transform Indian Real Estate”
-
Shantilal Kataria appointed as Vice President, CREDAI Maharashtra
- the Special Zone
-
Rajiv Parikh becomes the new President, CREDAI
Maharashtra
Pune, 31st March: CREDAI, the apex
body of private Real Estate Developers with a strong base of over 12000 member
developers present in 23 States & 205 City Chapters across India, today witnessed
its ‘Change of Guard’ with Mr. Satish Magar taking over the baton from Mr.
Jaxay Shah to become the new president of the 20-year-old body. The installation
ceremony saw the gracious presence of CREDAI Executive and General Committee
members, industry stalwarts, dignitaries from the industry and all past
presidents of CREDAI National.
Mr.
Boman Irani has been appointed as
Vice President, CREDAI West Zone second time in a row. Mr. Shantilal Kataria becomes
the Vice President, CREDAI Maharashtra, entitled as “Special Zone” for having
maximum number of member developers at CREDAI. The Special Zone has 25% City
Chapters out of total CREDAI City Chapters and 30% of individual member
developers of CREDAI 12000-member base. Mr. Rajiv Parikh has been appointed as
new President of CREDAI Maharashtra. Maharashtra remains a key growth epicenter
for CREDAI where leading initiatives such as Skilling, Women’s Wing, Youth Wing
and New India Summit have been given a massive boost in the recent past.
Mr.
Satish Magar in his maiden address committed himself to “Transforming Indian Real Estate” in light of the new institutional
structure defined by RERA, GST and policy measures to achieve “Housing for All
by 2022”. The ceremony witnessed senior CREDAI dignitaries becoming the new
flag bearers of the growth of CREDAI and the Indian Real Estate industry.
Taking
CREDAI’s 20 years’ strong legacy forward built by his predecessors, Mr. Magar aims
to expand CREDAI’s footprint to 100 more cities over the next two years with a
robust focus on Tier 2, 3 and 4 cities amidst the wave of “New India”.
Reiterating
CREDAI’s commitment towards the nation, Mr. Magar and his team intend to build
a stronger skilling ecosystem and aim to impart skill training to 1 lac
construction workers over the next two years. The new leadership team has a
comprehensive roadmap for Skilling in place. Under the leadership of Mr. Magar,
the new team will explore opportunities to tie up with statutory bodies like
RERA, BoCW and Welfare boards for Skilling, Up-skilling, Recognition of Prior
Learning (RPL) and other scheme by Central Govt. The customized industry partnered
Skilling Programs will be launched to create a talent pool of Skilled labor for
the ever-burgeoning Indian Real Estate industry, revitalized with a new upsurge
post the implementation of landmark reforms such as RERA, GST etc.
As a part
of its holistic initiative, CREDAI also aims to plant and grow 5 lac trees
across India by setting specified targets to each state and city chapter to
achieve this objective
CREDAI National
President, Mr. Satish Magar says “I am
extremely honored to take this prestigious role of being the new President of
CREDAI National. The last 20 years have been a glorious journey for all of us
here and we intend on building on this strong foundation to lead a renewed era
of growth and development. The Indian Real Estate sector is widely perceived to
be as one of the most important sectors in India and we, at CREDAI, strongly
believe that its contribution towards building a ‘New India’ will prove to be
indispensable.”
Former CREDAI
National President and now Chairman, Mr. Jaxay Shah, shares his comment “I would like to congratulate Mr.
Satish Magar and wish him all the best for embarking on this extremely
thrilling journey as the new President of CREDAI National. The last two years
have been quite an adventurous ride not just for CREDAI but the entire real
estate fraternity. CREDAI, through its endeavors, has been able to establish a
highly conducive environment for Indian realty and all its stakeholders. We
believe CREDAI will now reach newer heights under the able leadership of Mr.
Satish Magar given his experience and holistic outlook towards the sector.”
