Credai Elects Mr. Padam Dugar, as the President of Chennai Chapter
Chennai, 1st
May 2020: Confederation of Real Estate Developers'
Associations of India (CREDAI) recently announced Mr. Padam Dugar, as the president of CREDAI, Chennai for next two
year (April 2020 to March 2022). Mr. Dugar, took over the charge from April 1,
2020 from Mr. W.S.Habib to become the new president of the CREDAI Chennai.
Speaking
on this announcement Mr. Padam Dugar
said, “It gives me immense joy in being bestowed with a chance to lead the body
at this level. With this being said, we at CREDAI are extremely eager and honored
to work closely with the Government to achieve in the goal of providing HOUSING FOR ALL.CREDAI as a body is
working in the interest of the home buyers, we would be focusing on customers delight in buying their dream home and put
forward all the hurdles and easing of costs with the Government to ensure our “customers’
requests are achieved.”
Further
adding to this, Mr. Dugar said, “The foremost priorities of the committee this
year would be to urge the government to incentivize
the Home Buyers by reducing the cost to the customers like reduction stamp
duty and registration charges to below 5% ,offer special home loan interest
etc., to attract the investment post the lockdown. At present, we all observe
our safety and the safety of those around us, it is essential that in order to
do so, we must contain ourselves to curb this global pandemic.”
Padam
Dugar A commerce graduate with relentless drive and zeal in him, Mr Dugar as a Vice
Chairman & Managing Director of Dugar Housing Limited has helped the company
carve out a distinct niche for itself for more than 3 decades. During the year
2008 when the world financial recession hit, he had launched a
budget/affordable housing project on OMR and it was sold out in a record time
of 45 minutes. He has constantly strived at educating the customer on their
rights while buying a home and is well known in the industry for transparency
in all his dealings.
The
office bearers are :Mr. Sivagurunathan, as President Elect, Mr. Mehul H Doshi
and Mr. Mohammed Ali have been elected as Vice Presidents; Mr. M. Arumugham as
the new secretary and Mr. Abhishek Mehta as the new treasurer of the CREDAI
Chennai .
The
new committee will also play an important role in working closely with
different Government policy bodies and departments to give shape to a robust
realty industry in Chennai post the lockdown.
CREDAI Chennai
Confederation
of Real Estate Developers’ Association of India (CREDAI), the apex body for the
private real estate developers in India, representing over 12,000 private Real
Estate developers spread across 23 state level chapters and 203 cities in
India. CREDAI has worked hard to make the industry more organized and
progressive by net working closely with government representatives, policy
makers, investors, finance companies, consumers and real estate professionals.
Acting as the voice of India’s Real Estate Industry, CREDAI has been the
guiding force for the growing Real Estate sector in India bringing more
transparency. CREDAI’s success in bringing the majority of organized private
real estate developers under a single umbrella is a potent force that promises
the rapid development of the realty sector, one that knows itself as a major
driver of India’s economic growth.
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