CREDAI Bengal celebrated its 29th Foundation Day

Confederation of Real Estate Developers’ Associations of India (CREDAI) Bengal commemorated their 29th Foundation Day in the presence of Mr. Nandu Belani, President, CREDAI Bengal, Mr. Sushil Mohta, Immediate Past President, CREDAI Bengal, Mr. Piyush Bhagat, Vice President, CREDAI Bengal and Mr. Sanjay Jain Convener Exhibition Committee & Vice President, CREDAI Bengal. Also present were the former Presidents of the entity along with a volley of eminent personalities who graced the occasion with their presence. The overlying theme of the Foundation Day celebrations was a look back at CREDAI Bengal’s journey in the past 29 years.

The foundation day celebrations commenced with the felicitation of Mr. Amarnath Shroff Chairman Alcove 42Mr. Jugal Kishore Khetawat, Director of South City Parivar Private LimitedMr. Arun Poddar, to acknowledge their pertinent role and contributions as Former Presidents of CREDAI Bengal.

The highlight of the evening was a keynote session by Renowned Author and Motivational Speaker Mr. Chetan Bhagat, who discussed the “INDIA AND INDIAN YOUTH & opportunities for the Real Estate.

The day also witnessed the announcements of Credai Bengal’s major upcoming CSR projects like building Pedestrian Overbridge, 2000 Sapling plantation and the introduction of Women’s Wing. Under the first project Credai will build a footbridge in between Hastings and Race Course crossing, a stretch of around 700 meters which has remained without a proper pedestrian crossing so far. Their main objective behind this project is not only to decrease the accident rate but also to help manage the traffic.  The second project is also very essential for the environment where Credai Bengal will plant 2000 Coconut Saplings in Kakdwip Sundarban, which will benefit the villagers for their livelihood; the plantation will start from next month. The third announcement by the entity was the initiation of a Women’s wing to harness Women power.

Speaking on the occasion, Mr. Nandu Belani, President, CREDAI Bengal said, “We are very happy to celebrate CREDAI Bengal’s 29th year. CREDAI Bengal has played an immense role in organizing and reforming the real estate sector in the state and has been solely responsible for mobilizing the stakeholders under one singular banner. Hence a part of our Foundation Day commemoration dedicates itself to the story of the germination of the Association and what is to be learnt from the vision of the founding members. We continue to highlight two of the fountainheads of reform that we inculcated amongst ourselves within the CREDAI fold, which were the Code of Conduct and the Grievance Cell. The Code of Conduct was a set of rules that was made mandatory for every developer to follow in order to be a part of CREDAI and this was much before the advent of RERA/ WBHIRA. These guiding principles not only inculcated ethics and best practices into the sector but also helped launch us in a new avatar, complete with transparency and self-governance. The other addition was the Grievance Cell which helped us forge a new relationship with customers through addressing and resolving customer complaints through out-of-court settlements. In today’s regulatory paraphernalia and RERA/WBHIRA-age, it is important that the community look forward by reminiscing our guiding principles and this is what this huge congregation of real estate’s stakeholders is meant to invoke.”

The programme discussed the journey of what CREDAI Bengal has achieved in the past 29 years of operations. The main objective of CREDAI Bengal, under which there 3 city chapters, CREDAI Howrah Hooghly, CREDAI North Bengal and CREDAI Asansol ,  was to make the real estate sector more organized and inculcate a strong sense of ethics into the sector, a fact which remains the driving force behind CREDAI’s success.

About : CREDAI Bengal is the Bengal chapter of Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body of real estate developers in India (more than 11,940 real estate developers through 23 state and 171 city level member associations) CREDAI Bengal is the organized face of Bengal’s real estate sector. It comprises of 3 chapters in West Bengal with more than 350 members.

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