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CREDAI was established in 1999 to strengthen the cause of Housing and Habitat in the nation. Over the last two decades, CREDAI has succeeded immensely in establishing real estate as an industry in its own right and in becoming its premier spokesperson. Our impact has been felt the most in the large metros of the country. CREDAI members have established themselves as developers of choice for all classes.
As the economic growth in seven top cities in the country saturates, CREDAI focus must shifts to emerging class of cities. Tier 2, 3 and 4 cities, because of their “outstanding performance” in skill-based manufacturing industries such as automotive, consumer and capital goods, engineering, textiles, pharmaceuticals and sectors such as biotechnology and IT/ITeS are witnessing unprecedented growth. They would also receive strong support in the development of urban infrastructure by upgrading airports, building better mass rapid transport system such as BRTSS and/or metro rail etc. These tier 2, 3 and 4 cities are India’s ‘New Wave’ consumption hubs.
CREDAI is organizing the New India Summit at Empress Palace, Nagpur on November 9-10, 2017 with Tier 2, 3 and 4 cities as its focus. The summit would deliberate financial, technological and managerial requirements for real estate firms to create lasting competitive advantage in these cities. The New India theme of a Clean, Smart and Skilled India shall inform these deliberations as essential business strategies.
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