Shekhar G Patel Elected President of CREDAI for 2025-27: Leading the Real Estate Revolution
CREDAI, the apex body representing over 13,000 real estate developers across India, has elected Shekhar G Patel as its new President for the term 2025-2027. Patel's election marks a significant step towards transforming the real estate sector in the country.
Real EstateCredaiShekhar G PatelAffordable HousingSustainable DevelopmentReal Estate MaharashtraApr 18, 2025
CREDAI, founded in 1985, is the largest real estate developers' body in India, representing over 13,000 developers across the country. The organization plays a pivotal role in advocating for the interests of real estate developers, promoting best practices, and ensuring transparency and accountability in the industry.
Patel, a seasoned industry veteran, brings a wealth of experience and a visionary approach to his new role. His election is expected to drive innovation and sustainability in the real estate sector, addressing key challenges such as regulatory compliance, infrastructure development, and affordable housing.
One of Patel's primary goals as President is to enhance the credibility and reputation of the real estate sector in India. He plans to work closely with government agencies, policymakers, and other stakeholders to create a conducive environment for investment and growth. Patel believes that collaboration and transparency are essential to building trust with consumers and investors.
Under his leadership, CREDAI will focus on several key initiatives. These include promoting green and sustainable building practices, enhancing the use of technology in real estate, and improving the overall quality of housing projects. Patel emphasizes the importance of adopting modern technologies to streamline processes, reduce costs, and enhance the user experience.
Furthermore, Patel is committed to addressing the issue of affordable housing. He believes that every citizen should have access to safe, affordable, and quality housing. To achieve this, CREDAI will work on developing innovative financing models and partnerships with the government to make housing more accessible to all segments of society.
The real estate sector in India has faced numerous challenges over the years, including regulatory hurdles, funding constraints, and a lack of skilled manpower. Patel is confident that with the right strategies and collaborations, these challenges can be overcome, and the sector can reach new heights.
In addition to his professional achievements, Patel is known for his philanthropic efforts and commitment to community development. He believes that the success of the real estate sector should be measured not only in terms of financial gains but also in its contribution to the betterment of society.
As the new President of CREDAI, Shekhar G Patel is poised to lead the real estate industry into a new era of growth, innovation, and sustainability. His vision and leadership will play a crucial role in shaping the future of the sector and ensuring that it meets the needs of all stakeholders, from developers to consumers.
Frequently Asked Questions
What is CREDAI?
CREDAI, the Confederation of Real Estate Developers' Associations of India, is the largest real estate developers' body in India, representing over 13,000 developers across the country. It was founded in 1985 and plays a pivotal role in advocating for the interests of real estate developers and promoting best practices in the industry.
Who is Shekhar G Patel?
Shekhar G Patel is a seasoned real estate industry veteran and the newly elected President of CREDAI for the term 2025-2027. He brings a wealth of experience and a visionary approach to his role, focusing on innovation, sustainability, and affordable housing.
What are Patel's primary goals as the new President of CREDAI?
Patel's primary goals include enhancing the credibility and reputation of the real estate sector, promoting green and sustainable building practices, enhancing the use of technology, and improving the overall quality of housing projects. He is also committed to addressing the issue of affordable housing.
How will CREDAI address the challenge of affordable housing?
CREDAI will work on developing innovative financing models and partnerships with the government to make housing more accessible to all segments of society. The organization is committed to ensuring that every citizen has access to safe, affordable, and quality housing.
What are the key challenges facing the real estate sector in India?
The real estate sector in India faces challenges such as regulatory hurdles, funding constraints, and a lack of skilled manpower. Patel is confident that with the right strategies and collaborations, these challenges can be overcome, and the sector can reach new heights.
Related News Articles
Maharashtra MLAs Urge Scrapping of Nagpur-Goa Highway Amid Environmental Concerns
Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.
India's Real Estate Sector Sees Record Investments of $4.8 Billion in H1 2024
Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.
NCP Leader Amir Khaanzada Goes Missing, Associate Found Dead in Raigad
Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.
Top Executive Ashish Singh Quits Actis, to Pursue Entrepreneurial Ventures
Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.
Metal Stocks Perform Well: National Aluminium and NMDC Gain 3%
The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.
Bombay High Court Directs Local Bodies to Integrate with MahaRERA Portal
The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.