New Delhi, 19th December, 2024: The Change of Guard Ceremony organized by NAREDCO Mahi at the Sheraton Grand in Pune marked a new chapter in the organization’s journey to promote women’s leadership in the real estate sector. The event officially announced Dr. Ananta S. Raghuvanshi as the new Chairperson and Ms. Smita Dhanraj Patil as the President of NAREDCO Mahi. Dr. Raghuvanshi, who previously served as President, has now transitioned to the role of Chairperson, while Ms. Patil, the former President-elect, has assumed the role of President.
Speaking on her new role, Dr. Ananta S. Raghuvanshi, Chairperson of NAREDCO Mahi, remarked, “This is an important step in NAREDCO Mahi’s ongoing efforts to provide a platform where women in the real estate industry can thrive. Inclusion and professional development are central to our mission of empowering women to make significant contributions to the sector. Together, we aim to create policies and opportunities that have a lasting impact on the industry.”
Ms. Smita Dhanraj Patil, the newly appointed President of NAREDCO Mahi, shared her vision for the organization, stating, “NAREDCO Mahi is uniquely positioned to foster collaboration among women leaders and influence key policies for the sustainable growth of the real estate sector. I look forward to working with our members to build a stronger, more inclusive future for the industry.”
Highlighting the significance of the occasion, Mr. G. Hari Babu, National President of NAREDCO, commented, “The leadership transition within NAREDCO Mahi reflects the organization’s commitment to empowering women in real estate. The contributions of leaders like Dr. Ananta Raghuvanshi and Ms. Smita Patil are vital in shaping an inclusive and progressive industry.”
Dr. Niranjan Hiranandani, Chairman of NAREDCO, emphasized the significance of increasing women’s participation in the construction industry, stating, “More women should join the construction industry. The rise of women leaders in real estate is a promising sign of the industry’s ongoing transformation. Under the leadership of NAREDCO Mahi, we are confident that the organization will continue to drive meaningful change and promote greater inclusion of women in the sector. The construction sector in India is currently growing at an impressive rate of approximately 20%, with even greater acceleration expected in the future. Given this rapid expansion, propelling women workforce integration into real estate industry will fuel double engine growth”
Mr. Rajan Bandelkar, Vice Chairman of NAREDCO, added, “Sustainability and inclusivity are key priorities for the future of real estate, and NAREDCO Mahi is making significant strides in these areas. I am certain that this new leadership team will further these efforts and inspire the industry as a whole.”
The ceremony also featured two panel discussions that addressed pressing issues in the sector. The first panel, “Women at the Helm: Shaping the Future of Real Estate,” brought together industry leaders to discuss the evolving role of women in real estate. The second panel, “Building a Greener Future: The Role of Sustainable Realty,” focused on the integration of sustainability into real estate practices.
NAREDCO Mahi’s mission continues to center on providing women leaders and professionals with the resources and opportunities needed to contribute effectively to the industry’s growth and evolution. Through mentorship, knowledge sharing, and policy advocacy, the organization remains committed to advancing inclusion and fostering professional excellence.
About NAREDCO Mahi
NAREDCO Mahi, the women’s wing of the National Real Estate Development Council (NAREDCO), was established under the patronage of the Ministry of Housing and Urban Affairs to promote women’s leadership and participation in real estate and allied industries. It provides a collaborative environment for women professionals to share experiences, develop skills, and contribute to the development of the sector. NAREDCO, the apex body for real estate development in India, works under the guidance of its Chief Patron, Shri Hardeep Singh Puri, Union Minister for Housing and Urban Affairs.
