CREDAI-MCHI, the apex body representing developers in the Mumbai Metropolitan Region (MMR), officially appointed Mr Sukhraj Nahar as its 18th President for the 2025–2027 term. The Change of Guard ceremony, held at Jio World Centre, was graced by Maharashtra Chief Minister Devendra Fadnavis, along with past presidents, the new management committee, and several industry stakeholders, highlighting the strategic significance of the leadership transition.
Mr Nahar succeeds Mr Domnic Romell, who completed a two-year tenure focused on collaborative growth and regulatory engagement. The new management committee includes Mr Bandish Ajmera as President Elect, Mr Rushi Mehta as Secretary, and Mr Nikunj Sanghavi as Treasurer. This transition signifies a deliberate shift towards embedding sustainability, inclusivity, and innovation within the real estate ecosystem across the region. Under Mr Nahar’s leadership, CREDAI-MCHI will champion Mission CARES — a holistic framework prioritising Compassion, Affordability, Reforestation, Empowerment, and Skilling. The initiative aims to transform urban development by aligning growth with environmental stewardship, social responsibility, and technological adoption. Officials emphasised that Mission CARES will ensure affordable housing, digitised governance, and greener urban spaces, while equipping 10,000+ construction workers annually with essential skills.
The Chief Minister noted the pivotal role of CREDAI-MCHI in shaping Mumbai’s urban future. He highlighted the success of RERA implementation, ease-of-doing-business reforms, and collaborative planning, including the Mumbai Development Plan. With the city on the cusp of extensive urban renewal — spanning slum-free redevelopment, infrastructural expansion, and the creation of the Third and Fourth Mumbai economic corridors — Fadnavis underscored the potential for Mumbai to rival global urban hubs in sustainability and livability. Officials from CREDAI-MCHI reiterated the critical need for digital and operational transformation in the sector. Secretary Mr Mehta stated that the industry is committed to leveraging PropTech solutions, AI-driven project tracking, and blockchain-backed compliance to reduce friction and enhance transparency. These measures are expected to streamline approvals, rationalise development premiums, and ensure cost-effective delivery of high-quality housing.
The CARES framework also incorporates aggressive environmental and social goals. Officials plan to plant over one million trees across urban locations by 2026, integrate green buffers in all new projects, establish model biodiversity parks, and maintain strict zero child labour policies. The association aims to deliver 10,000+ affordable housing units within member projects and support education, health, and social welfare for underserved communities. The real estate body’s leadership has outlined pragmatic steps for the next two years, including the establishment of a PropTech Lab, Affordable Housing Innovation Cell, and mobile skilling labs across MMR. These initiatives seek to accelerate digital adoption, improve workforce capabilities, and align construction practices with environmental and social benchmarks.
With over 2,200 member developers, CREDAI-MCHI’s leadership transition under Mr Nahar marks a decisive moment, signalling an industry-wide commitment to sustainable growth, equitable urban development, and measurable social impact.
CREDAI-MCHI Appoints Mr Sukhraj Nahar As 18th President Graced By CM Fadnavis
