Pune, 24th April, 2025: The installation ceremony of CREDAI Maharashtra, which was hosted by CREDAI – Pune Metro, was held with great enthusiasm and graced by the esteemed presence of Hon’ble Shri Ajit Pawar, Deputy Chief Minister of Maharashtra. The event witnessed the participation of prominent industry leaders including Mr. Satish Magar, Mr. Sunil Furde, Mr. Rajendra Singh Jabinda, Mr. Shantilal Katariya and Mr. Rajiv Parikh.
A joint press conference featuring CREDAI Pune, CREDAI Maharashtra and CREDAI National was held, moderated by Mr. Kapil Gandhi, Convenor of Public Relations at CREDAI-Pune Metro and CREDAI Maharashtra. Newly elected CREDAI-Pune Metro President Mr. Manish Jain spoke about his vision and plans for the next two years. Mr. Prafulla Taware, newly elected president CREDAI Maharashtra, spoke about his key priorities for the 2025–2027 term, including empowering Tier 2 and Tier 3 cities, policy advocacy, skill development initiatives to generate employment and a consumer-centric approach. Mr. Ranjit Naiknavare and Mr. Ashish Pokharna also addressed the media at the First General Body Meet of CREDAI Maharashtra.
Speaking at the event, Hon’ble Shri Ajit Pawar said “Regarding RERA, we must act swiftly to address any challenges in its implementation. We cannot allow regulatory obstacles to hinder the momentum of our real estate sector. I urge CREDAI to consolidate all relevant concerns—especially those tied to RERA and the broader real estate ecosystem—so I can take them up directly in the cabinet meeting. This includes the important recommendation to revise the affordable housing cap from ₹45 lakhs to ₹75 lakhs, which would significantly expand access to quality housing for more citizens.”
“The state government is also fully committed to resolving the issue of stalled housing projects in Pimpri Chinchwad and the surrounding 5-kilometre radius. Many of these projects have faced delays due to pending environmental clearances, a consequence of the Supreme Court’s stay on a notification from the Environment Ministry. I have already raised this in the cabinet and we will present our position before the Court to ensure a swift resolution,” he added.
Ajit Pawar said, “I also want to recognize the crucial role CREDAI has played in shaping Maharashtra’s urban development—from the transformative projects in PCMC and Kolhapur to the visionary models like Magarpatta and Nanded City. Amid rising construction costs and labor shortages, it’s vital we work together—government, developers and stakeholders alike—to find sustainable, long-term solutions. My commitment is to work hand in hand with the people, continuously improve our infrastructure and ensure that every citizen has access to dignified, affordable housing.”