Satish Magar is the new national president of the Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body of private real estate developers in India. Magar, who is the managing director of Magarpatta City, took over the baton from Jaxay Shah to become the new president of the 20-year-old body, it said.
Magar was earlier the president of CREDAI’s Pune as well as Maharashtra chapters. In a release, Magar said he aims to expand CREDAI’s footprint to 100 more cities over the next two years with a robust focus on tier two, three and four cities. “Committed to transform Indian Real Estate in light of the institutional structure defined under the Real Estate Regulatory Authority Act,” said Magar.
Magar and his team intend to build a stronger skilling ecosystem and aim to impart skill training to 1 lakh construction workers over the next two years, the release added.
Meanwhile, Rajiv Parikh was unanimously elected as the new president of CREDAI Maharashtra for 2019-21.
Confederation of Real Estate Developers’ Associations of India (CREDAI) was established in 1999 with a mandate to pursue the cause of housing and habit providers. It has grown its membership base since then and has more than 12500 members today spread across 23 state and 205 city chapters. CREDAI targets to reach at least 300 cities by the end of March 2019. CREDAI is today the preferred platform for National discourse on Housing and Habitat.