Vikas Jain Takes the Helm as President of NAREDCO Maharashtra NextGen
Vikas Jain, CEO of Labdhi Lifestyle, has been appointed as President of NAREDCO Maharashtra NextGen. His leadership will focus on strengthening RERA compliance, driving technology adoption, and enhancing financial knowledge in the real estate sector.
Real EstateNaredcoVikas JainFinanceTechnologyReal Estate NewsJun 09, 2025
With the Indian real estate sector on the brink of a transformative phase and projected to reach a market size of US$1 trillion by 2030, Mr. Jain’s appointment comes at a crucial juncture. As a proven turnaround specialist with a track record of reviving stressed projects, his appointment will help the NextGen benefit from his vast experience in finance. Beyond finance, Mr. Jain also outlined a broader, more holistic vision for his tenure. Key focus areas include strengthening RERA compliance to enhance accountability and consumer confidence and driving technology adoption across the real estate value chain to improve efficiency, transparency, and service delivery.
Speaking on his appointment, Mr. Vikas Jain said, “It is an honor to lead NAREDCO Maharashtra NextGen. This platform provides an incredible opportunity to empower the next generation of real estate leaders while addressing some of the industry’s most pressing challenges.” Mr. Jain went on to add, “Each year the incoming President selects a theme around which the activity calendar for the association is built. Finance will be our theme for the year 25-26 with key focus on furthering our constituents knowledge on raising and structuring capital valuations, access to new capital structures, and public finances, etc. The sector needs to build a credible and transparent ecosystem to attract consistent capital inflows.”
As a next-generation leader, Mr. Jain believes that their approach must be future-ready and multidimensional. “Along with financial reforms, we must professionalize the management of real estate businesses and embed a culture of innovation, governance, and customer-centricity. The goal is to empower the next generation of developers to be not just builders, but responsible, forward-thinking entrepreneurs,” he added.
Mr. Prashant Sharma, President of NAREDCO Maharashtra, welcomed the appointment: “Vikas Jain’s entrepreneurial acumen, sharp financial insight, and deep understanding of real estate dynamics make him the ideal choice to lead NextGen. His tenure will be pivotal in advancing financing-led growth, nurturing young professionals, and making the sector more transparent and resilient.”
Mr. Ridham Gada, now Vice-Chairman of NAREDCO Maharashtra NextGen, added, “Vikas brings vision, vigor, and the right focus at a crucial time. With project financing as the central agenda, I’m confident his leadership will catalyze transformative progress for developers and homebuyers alike.”
Mr. Jain brings a wealth of experience to the role. As CEO of Labdhi Lifestyle Limited, he has successfully built a trusted brand in the Mumbai Metropolitan Region (MMR), delivering projects known for quality and timely execution. His leadership is defined by a strategic, finance-first approach — aligning perfectly with NextGen’s renewed focus.
NAREDCO Maharashtra NextGen aims to foster a vibrant platform for young professionals to collaborate, innovate, and drive industry reform. Mr. Jain’s presidency marks a new chapter for NAREDCO Maharashtra NextGen, with a renewed commitment to driving excellence, inclusivity, and innovation in the real estate sector.
Frequently Asked Questions
What is NAREDCO Maharashtra NextGen?
NAREDCO Maharashtra NextGen is the youth-oriented arm of the National Real Estate Development Council (NAREDCO), Maharashtra. It aims to foster a platform for young professionals to collaborate, innovate, and drive industry reform.
Who is Vikas Jain?
Vikas Jain is the CEO of Labdhi Lifestyle and has been appointed as the President of NAREDCO Maharashtra NextGen. He is a first-generation developer from Mumbai with a strong background in finance and real estate project management.
What are the key focus areas of Vikas Jain’s tenure as President?
Key focus areas include strengthening RERA compliance, driving technology adoption, enhancing financial knowledge, and professionalizing the management of real estate businesses.
Why is the Indian real estate sector projected to reach a market size of US$1 trillion by 2030?
The Indian real estate sector is projected to reach a market size of US$1 trillion by 2030 due to various factors such as urbanization, increased investment, and government initiatives to boost the sector.
What is the significance of Mr. Jain’s appointment for the real estate sector?
Mr. Jain’s appointment is significant as it brings a fresh perspective and expertise in finance and project management, which are crucial for the sector’s growth and development.
Related News Articles
Revamping Slums: Dharavi's Redevelopment Model to Inspire Other States
Dr. Niranjan Hiranandani, Chairman of Hiranandani Group, believes the Dharavi redevelopment scheme will set a new standard for slum redevelopment across India.
Mumbai's Real Estate Conundrum: BMC's Plan to Redevelop Dharavi
The Brihanmumbai Municipal Corporation's decision to allocate five acres of Mulund octroi land for the Dharavi Redevelopment Project highlights the complexity of urban redevelopment and the political stakes involved in Mumbai's high-value real estate land
Real Estate Stocks Take a Hit: BSE Realty Index Slumps 1.15%
Real Estate stocks were trading with losses, with the BSE Realty index decreasing 96.9 points or 1.15% at 13:41 IST.
Macrotech's Massive Land Acquisition for Rs 166 Billion Housing Projects in Mumbai Metropolitan Region
Macrotech Developers, the renowned Mumbai-based real estate firm behind the Lodha brand, has made a significant move by acquiring seven land parcels across the Mumbai Metropolitan Region. This strategic acquisition is set to bolster their ambitious Rs 166
Mumbai Property Registrations Decline by 4% in February: Knight Frank India
Despite a slight drop, Mumbai's property market remains robust, with 11,541 registrations contributing Rs 896 crore in revenue.
What Size Home Can You Afford in Delhi or Mumbai for ₹8.7 Crore?
In the face of skyrocketing real estate prices, understanding the housing market in Delhi and Mumbai is crucial. For a budget of ₹8.7 crore, find out how much living space you can get in 2024.