Sandeep Runwal, Managing Director of Runwal Group, took over as a president of NAREDCO, Maharashtra,
MUMBAI, Nov 25 (The CONNECT) - Sandeep Runwal, Managing Director of Runwal Group, took over as a president of the National Real Estate Development Council (NAREDCO) Maharashtra, an apex body of India's real estate industry. Ashok Mohanani was the immediate past president of the unit.
NAREDCO was established as an autonomous self-regulatory body under the aegis of the Union Ministry of Housing and Urban Poverty Alleviation.
Niranjan Hiranandani, National Vice Chairman, NAREDCO and Chairman & Managing Director of Hiranandani Communities handed over the delegation letter to Runwal.
Taking over the baton, Runwal said that “With the support from the Government, NAREDCO Maharashtra would create a demand recovery that will push housing sales; particularly in the affordable segment that will drive the ‘HousingForAll’ momentum.” He said he will try and undertake various aggressive development measures and make my maximum contribution in strengthening the industry's role in the economic development of the country. “With the same zeal, my priority would be to revive the country's major real estate market of Maharashtra and implement novel ideas to bring positive changes among the customers' behaviour towards the sector,’’ he said.
Runwal, an alumnus of Harvard Business School and IIM Bangalore, he has led the Runwal Group with a consistent emphasis on quality, execution, and timely delivery for over 30 years. He’s been awarded ‘Young Turks’ by CNBC TV 18 and ‘Lords of the Land’ in his career profile.
Welcoming Runwal in his new role, Dr Hiranandani, said, "With the cooperation from the Government authorities and officials, NAREDCO Maharashtra has been able to achieve a certain milestone despite the pandemic scenario. He expressed the hope that Runwal’s invaluable guidance will bring progressive change for the real estate’s overall growth and development in the state.
Rajan Bandelkar, National President of NAREDCO and Convener, Housingforall.com said, “We are extremely grateful to all the members of NAREDCO Maharashtra, who has contributed their efforts in initiating reforms such as ease-of-doing business, support for HousingForAll initiative, zero percent stamp duty, community development activities, etc. with the support from the Government authorities and officials. Now, with Runwal taking the leadership forward, his long-drawn knowledge and experience in the real estate sector would help in taking up further great initiatives that will impact the growth of the sector in this region, he said.