Satish Magar takes over as president of CREDAI, says will transform India’s realty sector

Satish Magar, the new national president of the Confederation of Real Estate Developers’ Associations of India (CREDAI), is highly committed to transforming the country’s realty sector in light of the new institutional structure. He is aiming at the expansion of CREDAI’s reach to more than 100 cities in the upcoming two years with the major focus on tier 2, 3 and 4 cities.

It was recently that Mr. Magar has taken the charge as the new president of Confederation of Real Estate Developers Association of India (CREDAI) from Jaxay Shah at an event, graced with the presence of the association’s executive and general committee members and industry stalwarts.

Expressing his gratitude, Mr. Magar stated, “I am extremely honored to take on this prestigious role… The last 20 years have been a glorious journey for all of us here and we intend on building on this strong foundation to lead a renewed era of growth and development.”

Under the aegis of Mr. Satish Magar, the two key areas for development include – building a stronger skilling ecosystem and imparting specialized skill training. After a comprehensive analysis, a roadmap has been chalked which includes training workshops for masons and on-job training. The team will collaborate with bodies like Real Estate Regulatory Authority (RERA), Building and Other Construction Workers (BOCW) and welfare boards for exploring further opportunities and growth areas. Environmental sustainability is also among the key areas of work for CREDAI.

On the occasion, former CREDAI president Shah said, “The last two years have been quite an adventurous ride, not just for CREDAI, but also the entire real estate fraternity. We believe CREDAI will now reach newer heights under the leadership of Magar, given his experience and holistic outlook towards the sector.”

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