The 2nd Edition of CREDAI New India Summit to be held in Mysore

The Confederation of Real Estate Developers' Associations of India (CREDAI) is organizing its second edition of the New India Summit on the 6th and 7th of December at Mysore to address the progress and issues faced by the real estate developers from Tier II, III & IV cities in the country. With the theme of “Emerging Cities, India’s Future”, CREDAI aims to realize the true potential of the sector from non-metro cities to increase their contribution to the Indian real estate industry. The real estate industry, having gone through a revolutionary phase in the last 2 years, provides an extremely exciting opportunity for the entire sector. CREDAI strongly believes that Indian Real Estate now has the adequate platform and regulatory framework to spearhead the growth of the Indian economy. With Hon'ble Prime Minister, Shri Narendra Modi’s ambitious project of “Housing for all by 2022” also acting as a catalyst for the industry, CREDAI understands the importance & significance of the role that realtors from smaller cities will play in the long term growth of the industry and the economy as a whole. Coupled with last year’s New India Summit having garnered tremendous success, CREDAI intends to continue the momentum to further the real estate growth in the Tier II, III & IV cities across the country. The Inaugural session will commence at 11.00 a.m. on Dec 6, 2018 with the blessing of Sri Sri Ravishankar, the Indian Spiritual leader. Hon, Union Minister of Skill Development & Entrepreneurship, Shri. Ananth Kumar Hegde will inaugurate the Summit. The annual event will be attended by following dignitaries as Guest of honour-

• Sri G.T. Devegowda, Hon. Minister of Higher education
• Sri SA RA Mahesh, Hon. Minister of Tourism
• Sri U T Khader, Hon. Minister of Housing & Urban Development
• Sri Pratap Simha, Hon. Member of Parliament, Mysore
• SmtPushpalatha Jagannath, Worshipful Mayor of Mysore

  CREDAI National President, Mr. Jaxay Shah, shares his opinion “The second edition of New India Summit in Mysore is expected to be a grand celebration of the emergence and contribution of Tier ii, iii cities to not just the Indian real estate sector but also the entire economy. We believe Mysore to be an ideal destination for this summit, owing to its strong cultural heritage and booming industrialization. We congratulate CREDAI Mysore and their entire team for their constant efforts in order to make it a grand success.” Mr. Getamber Anand, Chairman, CREDAI National, says “We at CREDAI, have consistently taken up initiatives for the long term growth and sustenance of the Indian Real Estate sector and all its stakeholders. New India Summit is a landmark conference which speaks volumes of the true potential of Indian realty that we as a leading industry body want to convey to not just our members but to the entire real estate universe. We anticipate this summit to be another stepping stone for the industry’s unceasing growth and development.” Mr K. Sriram, Joint Secretary, CREDAI National and CREDAI representative in Mysore, said, “The cities are growing exponentially, thereby putting enormous burden on the current infrastructure. Therefore, creation of new urban centres is very critical for de-cluttering the metros. Upgrading the infrastructure in smaller cities and towns will enable them to attract economic / industrial activity to a great extent.”