CREDAI’s New President Harsh Vardhan Patodia Announces Free

CREDAI’s New President Harsh Vardhan Patodia Announces Free COVID-19                 Vaccination for 2.5 Crore Construction Work Force

 

·         Announces the CREDAI Start-up Angel Network and Incubation & Acceleration Center to support start-ups in real estate sector

·         CREDAI to set-up its own Research and Analytics Centre

 

 

The apex body of private real estate developers, Confederation of Real Estate Developers’ Associations of India (CREDAI), with a strong membership base of 13,000+ developers in 21 States and 217 Cities, across India, today, announced Mr. Harsh Vardhan Patodia, MD, Unimark Group, Kolkata, as the new National President for the term 2021-23.

The tenure of outgoing President Mr. Satish Magar ends on March 31^st 2021. At the installation ceremony, the new Office bearers and Chairman of various committees were also announced:

 The new team for the FY 2021-23 comprises of:

·         Mr. Satish Magar, Chairman, CREDAI National

·         Mr. Harsh Vardhan Patodia , President, CREDAI National

·         Mr. Boman Irani, President Elect, CREDAI National

·         Mr. Pankaj Goel, Secretary, CREDAI National

·         Mr. Deepak Goradia, Treasurer, CREDAI National

Mr. Patodia in his maiden address announced Free COVID-19 Vaccination drive for 2.5 crore construction workers at the sites of member developers across India. Through this vaccination drive, CREDAI aims at accelerating Government’s mission of free vaccination to the needy population at the earliest and further help in restraining the spread of Coronavirus. The vaccines will be provided in strict accordance with all the Government-approved protocols.

He also announced the ‘CREDAI Start-up Angel Network and Incubation & Acceleration Centre’ an enterprising initiative with the aim to help and support tech start-ups in the real estate space by handholding them and providing them access to its members network for business development.

In his efforts to pace CREDAI’s future growth and advancement, Mr. Patodia announced setting-up of CREDAI’s own Research and Analytics Centre. The government’s effort towards digitization initiatives has been contributing towards the development of IT infrastructure. The coronavirus pandemic has further ignited the need for the internet, and hence data consumption. Therefore, the data assimilation and monitoring has become important for any business. The CREDAI Research and Analytics Centre will facilitate the availability of real time and authentic data for future growth strategies.

 

Mr. Harsh Vardhan Patodia, President, CREDAI National said “I am honored with the trust reposed in me by the entire CREDAI family and look forward to continuing the good work done under Mr. Magar's leadership. With the current challenges that the sector is facing, I, along with my able team, will focus on driving efforts to revive the real estate sector and provide a stimulus to boost the business environment. We will also further our commitment to skill development, green buildings, and labor welfare."

 

Mr. Patodia and his team aims to strengthen Indian real estate with the adoption of technology and build in performance-oriented and customer-centric values to the sector, along with focused development of the realty sector in Tier 2, 3, and 4 cities coupled with a robust skilling ecosystem.

His efforts will also be focused on the interest of housing and sustainable habitats in a post-pandemic world.

 

Handing over the mantle to his successor, the outgoing President Mr. Satish Magar said, “I would like to congratulate Mr. Patodia and wish him all the best for his new role as President of CREDAI National. The industry has faced challenging times, especially due to global pandemic and nation-wide lockdown. However, our efforts throughout were focused to revive the sector and bring desired attention of the Government to do the same. We believe CREDAI will now reach newer heights under the able leadership of Mr Patodia, given his experience and holistic outlook towards the sector.”

Do not depend on Chinese manufactured

“Do not depend on Chinese manufactured goods ; promote Swadeshi” - CREDAI urges upon its members

Standing in solidarity with the nation and as a mark of tribute and respect  to the Galwan valley martyrs, CREDAI, the apex body of the real estate sector, representing 20,000 developers Pan India, has urge upon its members not to depend on  goods manufactured in China and encourage usage of  Swadeshi products.

Elaborating further on the initiative Satish Magar, President, CREDAI National said, “We appeal to our member developers not to depend on Chinese goods and embrace “Swadeshi” or “Made in India” way of life and business. CREDAI requests all the 250 allied industries which are linked to the real estate sector to manufacture these products locally especially the ones which are currently being imported from China and support the economy at large.”

Due to COVID 19 there is a disruption in supply chain emanating from CHINA which led to delay in completion of projects. Local production and purchase will lead to reduced procurement time, minimal loss of production hours and increased employment opportunities. Most of the raw materials being used are already being manufactured by the MSME sector in the country. 

CREDAI is ready to extend its support to the local manufacturers for production of materials which are currently being imported and make a shift from Videshi to Swadeshi. The sector already employees more than 52 million workforce in the country and this  move will  further multiply  employment opportunities and give the required stimulus to the economy. Additionally this step will provide a boost to more than 250 allied MSME industries linked with the realty sector and  in turn will increase the overall contribution to the GDP.