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CREDAI Bengaluru has appointed Zayd Noaman as its new president, succeeding Amar Mysore. Noaman, Executive Director at Prestige Group, brings a wealth of experience in corporate finance and strategy. The new office bearers, including President-Elect Bimal Hegde, Vice President Karan R Shetty, and others, will serve a two-year term. The leadership team is focused on promoting sustainability in construction, strengthening partnerships, and improving efficiency in Bengaluru's real estate sector, which saw over 17% of India's residential sales last year.
CREDAI Bengaluru has appointed Zayd Noaman as its new president, marking a new chapter for the organisation as it enters a two-year term under his leadership. Noaman succeeds Amar Mysore and is the youngest to hold the position. As Executive Director at Prestige Group, Noaman brings a wealth of experience in corporate finance, business development, and strategy, which he plans to leverage to propel CREDAI Bengaluru's initiatives forward. Advertisement
The newly elected team includes several notable leaders: Bimal Hegde has been appointed as President-Elect, Karan R Shetty as Vice President, Nischay Jayeshankar as Secretary, Shivaram Kumar Malakala as Treasurer, and Abhishek Ahuja as Joint Secretary. Each of these office bearers will serve a two-year term, collectively working to strengthen the organisation's influence and foster further growth in Bengaluru's real estate sector.
Under Noaman's leadership, CREDAI Bengaluru aims to amplify its commitment to transforming the city's real estate landscape. A primary focus will be on driving innovation, enhancing sustainability practices in construction, and encouraging collaboration among stakeholders within the real estate industry. This is seen as crucial, particularly as Bengaluru continues to be one of the key growth hubs for residential sales in India.
In the past year, Bengaluru accounted for more than 17% of the nation's residential sales, contributing a significant 71,000 units out of a total of over 400,000 homes sold across the country. With this level of growth and demand, CREDAI Bengaluru's new leadership team is expected to play an instrumental role in supporting developers, investors, and homebuyers alike. Their efforts will be focused on improving efficiency, promoting eco-friendly construction methods, and streamlining regulatory processes.
Noaman has expressed a keen desire to further establish Bengaluru as a prominent real estate hub while addressing challenges such as affordability, sustainable growth, and the alignment of real estate development with the city's evolving infrastructure. Through partnerships with government bodies and industry stakeholders, the CREDAI Bengaluru leadership intends to ensure a future where urban development can continue without compromising on environmental sustainability.
With a focus on collaborative partnerships, eco-friendly construction, and streamlined processes, the newly elected leadership is well-positioned to address the challenges and opportunities facing the real estate sector. This progressive approach will ensure that Bengaluru continues to thrive as one of the most sought-after real estate destinations in India.
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