India

CREDAI-MCHI Dronagiri unit highlights development potential of Uran and Dronagiri at change of guard event

Synopsis

The CREDAI-MCHI Dronagiri Unit recently held its first Change of Guard event, appointing Rakesh Prajapati as the new President, succeeding Deep Rajpal. Dronagiri and Uran, key areas in Navi Mumbai, are set for significant growth due to major infrastructure projects like the Navi Mumbai International Airport and the Mumbai-Trans Harbour Link. Under Prajapati's leadership, the Unit aims to enhance development through modern infrastructure and community planning, with a focus on sustainable real estate growth. This transition marks a crucial phase in the transformation and investment potential of these emerging regions.

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The CREDAI-MCHI Dronagiri Unit successfully concluded its first Change of Guard event, transferring the presidency from Deep Rajpal to Rakesh Prajapati, who will now serve as the Unit's President.

Dronagiri and Uran are pivotal to the development of Navi Mumbai and Mumbai due to their strategic location and growth potential. Situated in the Raigad district and adjacent to the Jawaharlal Nehru Port Trust (JNPT), Dronagiri is emerging as a key area for real estate investment, benefiting from its proximity to one of India's largest ports. Both Dronagiri and Uran are poised to experience significant transformation with major infrastructure projects like the Navi Mumbai International Airport (NMIA) and the Mumbai-Trans Harbour Link (MTHL) underway. These developments are expected to enhance connectivity, drive economic growth, and attract investment.

CREDAI-MCHI developers are actively involved in the organised development of Dronagiri and Uran, ensuring that the real estate market in these areas is well-structured and sustainable. Their efforts include overseeing the integration of modern infrastructure, facilitating planned community development, and addressing the increasing demand for affordable and high-quality housing. By playing a crucial role in shaping the development of Uran and Dronagiri as a planned city of these emerging nodes.

Mr. Domnic Romell, President of CREDAI-MCHI, expressed, "CREDAI-MCHI has always played a significant role in the development of Dronagiri and Uran, supporting both the chapter and individual initiatives. We will ensure that all necessary support is provided to the CREDAI-MCHI Dronagiri Unit to foster growth and drive development in these areas."

Mr. Vijay Singhal, Managing Director of CIDCO Ltd, Navi Mumbai, shared his views at the event, "I want to extend my heartfelt congratulations to Mr. Rakesh Prajapati, the new President of CREDAI-MCHI Dronagiri Unit. The next two years will be crucial for the development of Dronagiri and Uran, marking a period of significant growth. With the completion of key infrastructure projects such as the Mumbai-Trans Harbour Link (MTHL) and the ongoing work on the Navi Mumbai International Airport (NMIA), these areas are poised for tremendous potential. The airport, which recently saw the calibration of its navigation system, is progressing well, with one runway already completed. Efforts to enhance connectivity, including new metro lines and road networks, are actively underway and will be completed as planned. The development of Dronagiri and Uran, supported by these transportation facilities, will attract substantial investment and open up numerous growth opportunities."

Rakesh Prajapati, President of CREDAI-MCHI Dronagiri Unit, said, "It gives me immense honour to take over as President from Deep Rajpal, who has done wonderful work as the Founder President. During my tenure, I plan to focus on the development of Dronagiri and Uran. We will hold regular monthly meetings to discuss all major issues and organise educative seminars at least once a quarter to benefit all members on various important topics. We will visit prominent builder sites and offices to learn about the new technologies being used in the industry. Additionally, we will organise festival events, participate in sports events with CREDAI-MCHI main, and actively promote Dronagiri and Uran to increase the exposure of these micro markets. Our unit will also participate in events organised by other associations in Navi Mumbai and engage in all activities of CREDAI-MCHI main. We will continue to represent our issues with CIDCO, the Government of Maharashtra, the airport authority, and all related authorities to resolve our issues."

Dronagiri and Uran are emerging as some of the most promising areas for development in Navi Mumbai. These regions hold tremendous opportunities for organised growth. CREDAI-MCHI, along with the associated developers' association, is utilising its best capabilities to generate top-tier real estate and infrastructure projects, ensuring a well-structured and sustainable development under the CREDAI-MCHI unit.

CREDAI-MCHI is an apex body comprising members from the Real Estate Industry in the Mumbai Metropolitan Region (MMR). With an impressive membership of over 1800+ leading developers in MMR, CREDAI-MCHI has extended its reach throughout the region, establishing units in various locations such as Thane, Kalyan-Dombivli, Mira-Virar, Raigad, Navi Mumbai, Palghar-Boisar, Bhiwandi, Uran-Dronagiri, Shahapur-Murbad, and most recently in Alibag, Karjat-Khalapur-Khopoli, and Pen. Being the only Government-recognized body for private sector developers in MMR, CREDAI-MCHI is dedicated to promoting the industry's organisation and progress.

As a part of CREDAI National, an apex body of 13000 developers across the nation, CREDAI-MCHI has emerged as a preferred platform for regional discussions on housing and habitat by establishing close and strong ties with the government. It is committed to breaking barriers to create a strong, organised, and progressive real estate sector in the MMR. The vision of CREDAI-MCHI is to empower the Real Estate fraternity of the Mumbai Metropolitan Region as it preserves, protects, and advances the right to housing for all. To continue being a trusted ally, guiding their members, supporting the Government on policy advocacy, and assisting those they serve through the ever-evolving real estate fraternity.

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