Ahmedabad 05th October 2024: In a significant development, Confederation of Real Estate Developers’ Associations of India (CREDAI) has forged a collaboration with the prestigious Indian Institute of Management Ahmedabad (IIMA) for the launch of the Real Estate Development Leadership (RED-L) Program. This exclusive program, with a curriculum specially curated by IIMA, is designed to enhance the leadership and industry expertise of CREDAI members across India.
The MoU was signed by Shekhar Patel, President Elect of CREDAI National,and Prof Diptesh Ghosh, Dean Programme at IIMA, in the presence of Dhruv Patel CREDAI Ahmedabad President, Hon. Secretary Nilay Patel, Sameer Sinha, Prof Prashant Das, Faculty Chair at IIMA and Vikas Chaturvedi, COO, IIMA, and leading real estate developers at CREDAI House on Thursday
The RED-L program, available only to senior management members of CREDAI-affiliated real estate firms across the nation, will equip participants with the strategic insights and skills needed to thrive in the rapidly evolving real estate sector.
Commenting on the collaboration, Dhruv Patel, President of CREDAI Ahmedabad, said, “This partnership with IIMA marks a new chapter in professional development for our members. Through the Real Estate Development Leadership Program, our members will be able to access world-class education and prepare themselves for the challenges of modern real estate. We are confident that the program will benefit not only the participants but also the real estate industry at large.”
Shekhar Patel, President Elect of CREDAI National, said, “The real estate sector in India is at a pivotal point of transformation, and initiatives like the Real Estate Development Leadership Program will go a long way in helping our members learn, update themselves and stay ahead of the curve. This collaboration with IIMA is a valuable opportunity for senior professionals to sharpen their leadership skills and contribute to the growth of the real estate sector and in nation-building.”
The RED-L Program is tailored for senior management professionals in CREDAI affiliated firms. The applicants will be shortlisted by CREDAI Ahmedabad and will undergo an online interview with IIMA. The key eligibility criteria for applicants include being at least 30 years old, a graduate degree in any stream (preferred) and proficiency in English. The programme will be delivered over five modules, each spanning 4-5 days, spread over 5-6 months, using IIMA’s unique case-based pedagogy.
The program will offer a comprehensive deep-dive into real estate, blending leadership, financial expertise, marketing insights and global perspectives. Participants will explore everything from real estate economics and advanced financial tools like REITs and private equity, to cutting-edge technologies such as AI, blockchain and tokenisation. With hands-on capstone projects and real-world applications, this program will equip the participants with the knowledge, skills and confidence to excel in the competitive real estate market.
The participants will be able to immerse themselves in cutting-edge knowledge delivered by top faculty from IIM Ahmedabad and other renowned institutions. The completion of this certificate program will also offer the participants a seamless integration with the IIMA community as alumni.
