The Confederation of Real Estate Developers’ Associations of India (CREDAI) recently convened its first Office Bearers Meeting under the esteemed leadership of the new President, Mr Boman Irani, on July 28, 2023. The meeting witnessed an impressive turnout of esteemed members representing various regions across India, converging to deliberate on crucial matters and policies concerning the real estate industry, with a particular focus on sustainable development, RERA, GST and the adoption of a data-led approach to gathering timely and accurate reports.
I am pleased to acknowledge our sector’s positive performance, but I stress the importance of addressing critical challenges. Putting home buyers first is a collective responsibility, reflected in all CREDAI policies. We must continue prioritizing the interests of homebuyers and ensuring transparency and accountability in all dealings. Together, we will strive to build a housing market that is customer-centric and meets the aspirations of every homebuyer,” Manoj Gaur, Chairman of CREDAI and CMD Gaurs Group said.
“CREDAI assigns paramount significance to sustainability and the Green Building Initiative. We have an unwavering commitment to achieving net-zero emissions by 2050. I urge each one of our members to make a collective effort to embrace environmentally responsible practices and integrate green technologies into the real estate projects,” Boman Irani, President of CREDAI, said.
The role of data in shaping CREDAI’s future strategies was another crucial aspect highlighted during the meeting.
CREDAI Rolls Out 3 Point Plan at EC-GC Meeting to Drive Real Estate Growth and Sustainability
The role of data in shaping CREDAI’s future strategies was another crucial aspect highlighted during the meeting.
“I propose a dedicated data-led approach for timely reports. Gathering GST collection data in the real estate industry is also vital. I believe that accurate and comprehensive data would serve as the backbone of informed decision-making and policy formulation, enabling the real estate sector to adapt proactively to changing market dynamics,” Shekhar G Patel, President-Elect of CREDAI, said.
“CREDAI’s 3 Point Plan aligns seamlessly with our nation’s ambitious goal of net zero. Emphasizing sustainable development, customer-centricity, and data-driven strategies, real estate sector is committed to embracing green technologies. We’ll build homes that fulfill aspirations while safeguarding our planet. This meeting underscores CREDAI’s efforts to chart a course towards growth, sustainability, and a brighter, eco-conscious future for India’s real estate,” Gaurav Gupta, Joint Secretary, CREDAI said.
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