The Confederation of Real Estate Developers Association of India (CREDAI) has inked a Memorandum of Understanding (MoU) with the Quality Council of India (QCI) and the National Skill Development Corporation (NSDC) to create a framework for worker certification, skill training, and capacity building in the real estate and construction industries.

At CREDAI's change of guard ceremony, where Shekhar G. Patel assumed leadership as the organization's new president for the 2025–2027 term, the Memorandum of Understanding was signed.

Through a systematic emphasis on skill development, capacity building, and sustainable employment, all parties to the partnership agree to improve workforce development in the real estate industry, according to CREDAI.

According to CREDAI, the partnership will support Recognition of Prior Learning (RPL) to validate existing skills, provide industry-aligned training programs with quality assurance through certification, and promote job placements and modern construction practices, including green building techniques, to drive workforce integration.

“Empowering the workforce with industry-relevant skills is paramount to enhancing productivity, improving quality and maintaining global standards", says Shekhar G Patel, president, CREDAI .

"Through our collaboration with NSDC and QCI, we aim to create a robust ecosystem for talent development, ensuring that India’s real estate sector remains competitive and future-ready".

 

“For over 25 years, CREDAI has been the cornerstone of India’s real estate evolution advocating industry reforms, fostering transparency, and setting new benchmarks in quality and sustainable development”, said Boman Irani, chairman, CREDAI.

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“As we move forward, our focus will be on reinforcing CREDAI’s role as a catalyst for innovation and responsible urbanization while upholding the interests of developers and homebuyers alike," said Boman.