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CREDAI Signs a Memorandum of Understanding with Building and Construction Authority (BCA), Singapore at the 3rd edition of CREDAI ‘Youthcon 2020’


    – The theme of this year’s YouthCon is Powercon 2020- ‘Empowering Minds to Enrich Business’

–      Pledges to spearhead Indian Realty’s growth through technology and entrepreneurship

10th January 2019, Goa: CREDAI, the apex body of private real estate developers in India, today, hosted its 3rd edition of ‘Youthcon 2020 – Empowering Minds to Enrich Business’ in Goa. Reverberating the success of its previous editions, CREDAI signed a Memorandum of Understanding (MoU) with the Building and Construction Authority (BCA), Singapore. The MoU will create a platform for real estate companies, consultants, vendors and other stakeholders from both countries to come together and transform the dynamics of the Indian realty sector. CREDAI has  a strong base of over 12000 member developers present in 21 States & 205 City Chapters across India.

Under this MoU, CREDAI and BCA intend to mutually share knowledge and extend industrial support by imparting training, knowledge sharing, and conducting workshops etc. thereby making value addition in quality, technology, sustainability & productivity in the realty sector. The partnership will strive to strengthen the sector’s excellence by enhancing the growth of realty sector, apart from transforming business formats for young entrepreneurs, developing office parks and residential real estate, technology, government policies and block-chain etc.

Jaxay Shah, Chairman, CREDAI shares his remarks, “We are highly delighted to host the 3rd edition of ‘Youthcon 2020’ in Goa this year. We at CREDAI are extremely proud of Youth Wing and all of its members who have made efforts and brought opportunities to create such platforms for the real estate industry. The members and tech-savvy youth of CREDAI have shown great dynamism that leads to project success. Having such objectives for Indian Realty’s growth will definitely provide another route towards the progress of India’s economy. It is, therefore, a positive approach towards CREDAI’s vision of establishing an optimistic path to build a New Tomorrow for India.’’


Speaking on the occasion, Satish Magar, President, CREDAI (National) said, “CREDAI has consistently maintained a stance of ushering in ‘New India’ and wants to take that commitment a notch ahead by fulfilling its responsibility of uplifting the economy. Through this initiative of the CREDAI Youth Wing, we are bound to see an unceasing era of growth and development by providing an extremely strong foundation for the growth of the Indian realty sector. We intend to bring more of such initiatives by CREDAI, where we strive to make a difference in the lives of Indian citizens.”

“The partnership is a prestigious opportunity for CREDAI to work together with BCA for creating positive demographics, regulated environment, growth and to create larger awareness about the evolving realty sector in India. I am confident that the MoU will contribute well in India’s quest to network and create business opportunities by inculcating a social and ethical commitment to encourage more young entrepreneurs in the real estate sector.” added Mr. Magar.

The theme of the event is Powercon 2020- EMPOWERING MINDS TO ENRICH BUSINESS. With a line-up of stalwart speakers from the real estate industry as well as other fields, ‘Youthcon 2020’ is a platform to network and create business opportunities with the tech-savvy youth of CREDAI. Scheduled at the ‘Grand Hyatt Goa’ on the 10th and 11th January 2020, the 3rd edition witnessed around 500 next-gen developers.

The two-day conclave will deliberate on the subject of understanding real estate outlook and overcome obstacles, youth & fitness, start-ups, luxury furniture, blockchain, etc. The event will witness the presence of key industry leaders like Captain Raghu Raman, who is the former CEO of the National Intelligence Grid; Mr. Jeetu Virwani from Embassy Group; Rajiv Sabharwal from Tata Capital, Indian fitness trainers Yasmin Karachiwala and Mickey Mehta, celebrity nutritionist Pooja Makhija, Indian Educationist Rajiv Chintaman, film producer and actress Twinkle Khanna and high-end architecture Seetu Kohli.

Strongly backed by over 12,000 of its member developers, CREDAI has consistently initiated numerous thought-provoking initiatives such as the Women’s Wing, New India Summit, among others. The apex real estate body continues to be the leading custodian of the sector by emphasizing the importance of CSR, sustainable development and construction in Indian realty.


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