New Delhi, November 20, 2024: The Confederation of Real Estate Developers’ Associations of India (CREDAI) is set to mark its 25th Foundation Day on November 25th in New Delhi. Established in 1999, CREDAI represents over 13,000 developers across 230 city chapters in 21 states, and has played a pivotal role in transforming India’s real estate sector over the past quarter-century.
The grand celebration will be attended by prominent dignitaries, policymakers, industry experts, and CREDAI leadership, including President Boman Irani, Chairman Manoj Gaur, and President-elect Shekhar Patel. The event will also see the launch of a landmark report titled ‘Role of Real Estate Sector for Viksit Bharat @ 2047’, which will explore the real estate sector’s critical contribution to India’s ongoing economic growth and its central role in achieving the nation’s aspirations for a developed India by 2047.
A Milestone for CREDAI and Indian Real Estate
The Foundation Day event will reflect on CREDAI’s journey as a key player in the evolution of India’s real estate industry. For over 25 years, the organization has been a custodian of the sector, advocating for housing for all, empowering stakeholders, and supporting various social development initiatives. The upcoming event is poised to further solidify CREDAI’s legacy as a driving force in the sector’s growth.
Key Highlights from CREDAI Leadership
CREDAI President, Boman Irani, expressed his pride in the organization’s journey: “We are extremely proud and excited to celebrate CREDAI’s 25th Foundation Day, a day full of pride, honour, and gratitude for all our office bearers, both past and present. This is also a moment to recognize the contributions of our state and city chapters, and all the stakeholders, including the Government and homebuyers, who have trusted in CREDAI and supported us in creating a positive environment for change.”
CREDAI Chairman, Manoj Gaur, highlighted the significance of the occasion: “CREDAI is now seen as India’s most trusted real estate body, a position earned through the collective efforts of our member developers over the last 25 years. On November 25th, we will celebrate not just our achievements but also the contributions of all those who have supported us in becoming the custodians of Indian real estate. Real estate has played a crucial role in India’s economic growth, and through this platform, we aim to continue this contribution by initiating discourse on critical industry issues.”
CREDAI President-elect Shekhar Patel emphasized the broader vision: “This Foundation Day is an opportunity to reflect on our collective efforts and renew our commitment towards shaping a ‘Viksit Bharat 2047’. We aim to build a future centered on inclusivity, sustainability, and growth, and this occasion will celebrate the efforts of our members and partners in shaping India’s real estate landscape.”
The event promises to be a milestone moment for CREDAI and the Indian real estate industry, as it looks ahead to the next 25 years, poised to continue playing a crucial role in India’s urban development and economic progress.
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