CREDAI - Karnataka

The Association was formed to strengthen and safeguard the interest of business groups involved in the activity of Development of Multi - Dwelling Residential and Commercial complexes. The territory of operation was hitherto unventured and the control systems not fully in place, though was on record. The idea was also mooted to safeguard the interest of common citizen, who ventures into the new concept of dwellings.

From being operative in one of the member's office, the association was now housed in a rented place. With the constant contribution from its members, the association now has a permanent office space in a prominent business area.

The growth, surely consolidated the formation of a representative body of developers and builders in the State of Karnataka.

On recent years Bangalore has been a phenomenal growth in demand for Apartments. With the IT sector in the South and East and now the International Airport in the North there is all-round development. A number of Developers have ventured into Bangalore from other cities. It is now essential to specify and put in place certain regulations and rules for the proper growth and conduct of the industry as well as to safeguard the interests of the beneficiary.

All leading developers of Bangalore are members of CREDAI and take active part in redressing all common causes. The elected members of CREDAI meet regularly to sort out vexing issues affecting the trade and also make representations at various Governmental Agencies.

The Confederation of Real Estate Developers' Associations of India (CREDAI) on 20th Sept 2010 announced the appointment of Sushil Mantri - Chairman & Managing Director of Mantri Developers, as the new president of CREDAI, Karnataka.
Speaking on this occasion, Mr Sushil Mantri said, "I am honoured to be elected as the president and given a chance to serve the body at this level. While a lot has been done in the past to make CREDAI Karnataka a credible & reliable entity, there is a lot more to do and through all my endeavours for this association I shall consistently strive to not only to match the past achievements, but also to broaden our scope of activity to take CREDAI forward, prepared to face new challenges."


Sushil Mantri -President

Other elected representatives are :
Nagraj Reddy - President Elect
Govindaraju - Vice President
Shankar Sastri - Secretary
Kamal Sagar - Treasurer
Faisal Rizvi - Jt. Secretary

CREDAI – KARNATAKA
# 607 & 608, 6th Floor, Barton Centre, M. G. Road, Bangalore – 560 001
Ph: +91.80.255901336 Fax: +91.80.3052 1481
Mail: ceo@credaikarnataka.com
Web: http://www.credaikarnataka.com/