Nahar Group's Sukhraj Nahar Appointed as CREDAI-MCHI's New President, Unveils Mission CARES Framework for Mumbai Real Estate
- 19th Aug 2025
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CREDAI-MCHI, the premier real estate developers' association in the Mumbai Metropolitan Region, announced that Sukhraj Nahar, Chairman of Nahar Group, has been appointed as the organization's 18th President for the 2025-2027 term. The announcement was made during a ceremony held at Jio World Centre in August 2025, which was attended by Maharashtra Chief Minister Devendra Fadnavis.
Leadership Transition and New Team
The association confirmed that Mr. Nahar has succeeded Domnic Romell, who completed his two-year tenure as the previous president. The new leadership team comprises Bandish Ajmera as President-Elect, Rushi Mehta as Secretary, and Nikunj Sanghavi as Treasurer. This transition marks a significant shift in the organization's strategic direction for Mumbai's infrastructure development initiatives.
Mission CARES: A Comprehensive Strategic Framework
Under Nahar's leadership, CREDAI-MCHI revealed the launch of Mission CARES, a strategic initiative designed around five key pillars. The framework encompasses Compassion through enhanced Corporate Social Responsibility efforts targeting workers and underserved communities, Affordability by advocating for policies that ensure equitable housing access, Reforestation and Greening to promote urban greenery and sustainability practices, Empowerment through PropTech initiatives driving digitization and transparency, and Skilling programs aimed at equipping over 10,000 construction workers annually with future-ready capabilities.
Industry Leaders Emphasize Transformation Goals
During his inaugural address, Nahar emphasized that the real estate industry must focus on shaping not only Mumbai's skyline but also its soul through the adoption of technology, sustainability practices, and inclusive development approaches. The president stressed the importance of creating affordable housing solutions for low-income homeownership.
Outgoing President Domnic Romell expressed his continued support for the new leadership team, noting that Mission CARES builds upon the foundational work accomplished during his tenure, which focused on policy reform and inclusive growth strategies. Secretary Rushi Mehta added that the sector stands ready to collaborate on creating better policies, leveraging emerging technologies, and supporting every stakeholder from homebuyers to construction laborers.
Government Support and Future Infrastructure Plans
Chief Minister Devendra Fadnavis praised CREDAI-MCHI's contributions to Mumbai's transformation, highlighting achievements in slum rehabilitation, RERA implementation, and smart urban planning advocacy. The Chief Minister reaffirmed the state government's commitment to supporting infrastructure development and emphasized that technology must be the foundation for Mumbai's next phase of growth, particularly through projects such as suburban rail networks and peripheral expressways. This aligns with broader Maharashtra's record FDI attraction initiatives.
Key Appointment Details
New President | Sukhraj Nahar (2025–2027 term) |
Leadership Team | Bandish Ajmera, Rushi Mehta, Nikunj Sanghavi |
Flagship Initiative | Mission CARES (Compassion, Affordability, Green, Empowerment, Skilling) |
Event Location | Change of Guard Ceremony at Jio World Centre |
Government Presence | CM Devendra Fadnavis praised industry-government collaboration |
This leadership transition represents a strategic pivot for CREDAI-MCHI, positioning empathy, innovation, and environmental stewardship as central elements of Mumbai's real estate evolution. The appointment comes at a time when NRI investments are driving India's real estate boom, making strategic leadership crucial for sustained growth.
Disclaimer: This news article is based on publicly available information and press releases. The content is intended for informational purposes only and should not be considered as investment advice. Readers are advised to verify details independently and consult relevant authorities or professionals before making any investment decisions. Property prices, policies, and market conditions are subject to change.
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