The Credai Karnataka President Bhaskar T. Nagendrappa inaugurated a building materials exhibition in Leela Bhartiya City, Bengaluru. During his speech, he said that collaboration is not just a word but the foundation of success in the real estate sector. Even though real estate is not yet officially recognized as an industry, it has undergone a significant transformation. It has become more organized, transparent, professional, and responsible than ever before. The Indian real estate sector, which had a market size of $200 billion in 2014, has now grown to over $650 billion and is expected to reach $1 trillion by 2030. This impressive growth reflects not only economic progress but also increasing confidence in the sector.Nagendrappa emphasized that today’s homebuyers are more informed and discerning, with clearer aspirations and expectations, especially in the post-COVID era, regarding design, amenities, and well-being. In these evolving circumstances, collaboration is essential. He reiterated the saying, “Coming together is a beginning; staying together is progress; and working together is success.” He said that success in real estate depends on bringing together professionals from various fields, including property advisors, developers, urban planners, landscape architects, structural designers, service consultants, financial institutions, and city officials. He concluded by saying that the power of collaboration lies in transforming individual strengths into collective power for growth, innovation, and community trust.M. D. Rafiuddin, President of Credai Karnataka; Ashfaq Ahmed, President of Credai Kalaburagi; Udayashankar Shetty, Vice President of Credai Karnataka’s North Division; Madhusudan Malu, Secretary of Credai Kalaburagi; and Sanjog Rathi, Chairman of Credai Karnataka’s Urban Development Committee, also participated in the event, which showcased the latest technology and products related to the real estate sector.Kalaburagi: On July 29, 2025, a memorandum was submitted to the Honorable District In-charge Minister of Kalaburagi, Priyank Kharge. The memorandum detailed key issues related to the Rural Water Supply Department under the Rural Development and Panchayat Raj (RDPR) Department.The primary concern raised in the memorandum was related to the layout and development plans for real estate projects located outside the municipal corporation limits that fall under the RDPR’s jurisdiction. Credai Kalaburagi appealed to the minister to intervene and facilitate the necessary administrative and policy measures to streamline development in these areas.

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