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GREMI receives AICTE approval to launch standalone real estate management institute in Gujarat

#Builders & Projects#Infrastructure#India#Gujarat
Last Updated : 16th May, 2026
Synopsis

• Ganesh Real Estate Management Institute has received approval from the All India Council for Technical Education, becoming Gujarat’s first AICTE-approved institution focused exclusively on real estate education and management.
• The Ahmedabad-based institute, supported by Ganesh Housing Corporation Limited, is expected to begin academic operations from August 2026 with an inaugural batch of nearly 70 students.
• The institute has been established under the Mahamati Skill and Education Foundation and will offer a postgraduate certificate programme in real estate development and management.
• GREMI aims to build an industry-oriented academic ecosystem centred on urban development, planning, governance, finance and technology, while also pursuing deemed university status and a proposed 100-acre integrated campus in Ahmedabad.

Ganesh Real Estate Management Institute has received approval from the All India Council for Technical Education to operate as a standalone business school focused exclusively on real estate education, marking a first for Gujarat’s built environment education sector. The institute, backed by Ganesh Housing Corporation Limited, is expected to commence its first academic session from August 2026 in Ahmedabad.


The approval comes at a time when India’s real estate and urban infrastructure sectors are witnessing increasing institutionalisation, regulatory oversight and demand for specialised professional capabilities across development, finance, planning and governance. GREMI has been established to address the shortage of structured and industry-aligned education programmes dedicated specifically to the real estate sector.

The institute has been conceptualised under the Mahamati Skill and Education Foundation, a Section 8 not-for-profit entity founded by Shekhar Patel. The foundation operates independently and undertakes educational and skill development initiatives through support from associated entities and family trusts.

GREMI will initially function from its city campus located at Million Minds Tech City in Ahmedabad. According to the institution, the academic model has been designed to integrate real estate development with related disciplines such as urban planning, finance, governance, technology and infrastructure management. The institute stated that the curriculum would focus on developing multidisciplinary expertise aligned with the evolving requirements of the built environment sector.

Speaking on the development, Shekhar Patel stated that India’s real estate sector was entering a phase where urban development expectations had become increasingly complex and future-oriented. He indicated that GREMI had been envisioned as a platform to develop professionals with both technical understanding and broader ecosystem knowledge, while positioning the institution as globally aligned and academically rigorous.

Anil Kashyap, former Chancellor of NICMAR University, stated that real estate education in India had largely remained unstructured despite the scale of the sector. He added that the institute aimed to establish real estate education as a more credible and specialised professional pathway while also contributing towards research, innovation and policy engagement linked to urban development.

GREMI’s first academic offering will be a Postgraduate Certificate in Real Estate Development and Management. The inaugural 2026 cohort is expected to comprise around 70 students. Simultaneously, the institution has applied to the University Grants Commission for deemed university status.

As part of its long-term expansion plans, GREMI intends to establish a 100-acre integrated teaching, research and residential campus in Ahmedabad focused on real estate management education and sectoral research. The institute stated that the proposed campus would function as a centre for leadership development, research and innovation linked to India’s urban and real estate sectors.

Founded more than six decades ago, Ganesh Housing Corporation Limited is listed on both the National Stock Exchange of India and the BSE Limited. The company stated that it has completed over 22 million sq. ft. of development and currently has approximately 35 million sq. ft. of projects under development across residential, commercial, industrial and data centre segments.

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