CREDAI-MCHI, the umbrella body of real estate developers in the Mumbai Metropolitan Region, held its 43rd Annual General Meeting (AGM) at the Jio World Convention Centre, bringing together government officials, policymakers, and industry members to review key policy issues and outline the association’s agenda under President Shri Sukhraj Nahar.
Under Nahar’s leadership, the association has strengthened coordination with the state government and civic authorities. A joint industry platform — including CREDAI-MCHI, NAREDCO, PEATA, and BDA — has been created to present collective issues to authorities. A convergence meeting and a follow-up review with the BMC, led by Municipal Commissioner Dr. Bhushan Gagrani, resulted in several concerns being addressed. The formal signing of the meeting minutes at the AGM marked a commitment to structured collaboration and faster issue resolution.
CREDAI-MCHI also introduced Ease of Doing Business 2.0, aimed at streamlining approvals, improving transparency, and ensuring timely responses from regulatory bodies. Monthly review mechanisms with the BMC and SRA are being put in place to monitor progress and remove bottlenecks.
The association also highlighted its social contribution, noting that members collectively donated ₹5.5 crore to the Chief Minister’s Relief Fund during the recent Maharashtra floods.
Dr. Bhushan Gagrani appreciated the unified industry approach and stressed the need for developers to follow environmental guidelines as Mumbai faces rising air pollution levels.
President Nahar said the unified platform will help address regulatory challenges more efficiently and support faster approvals and transparent processes. Senior office-bearers, including Secretary Rushi Mehta and Senior Vice President Jitendra Mehta, highlighted the association’s ongoing efforts in policy advocacy, improved coordination with authorities, and promoting smoother project execution.
The AGM also featured two Fireside Chat sessions with leaders from MICL Group and DB Realty, who shared insights on innovation, long-term development, and the future of Mumbai’s real estate landscape.
Key focus areas outlined for the coming year include time-bound approvals through Ease of Doing Business 2.0, collective advocacy through a unified platform, policy engagement with regulatory bodies, participation in new city development plans, and regular review mechanisms to ensure transparency and accountability.
The 43rd AGM reinforced CREDAI-MCHI’s role in driving structured reforms and strengthening industry-government collaboration in the MMR real estate sector.