Ashish Raheja Appointed as Vice President of NAREDCO Maharashtra

• Ashish Raheja becomes Vice President of NAREDCO Maharashtra
• Focus on transparency, collaboration, and responsible development
• Leadership ceremony attended by top real estate stakeholders

Mumbai: Ashish Raheja, Managing Director and CEO of Raheja Universal, has been appointed as the Vice President of NAREDCO Maharashtra. His appointment comes at a time when the state’s property market is witnessing rapid growth, regulatory evolution, and increased demand for transparency.

The announcement was highlighted during the recent ‘Change of Guard Ceremony’ organised by NAREDCO Maharashtra, an event that brought together key figures from the real estate industry. During the ceremony, Raheja also felicitated Anuj Puri, Chairman and Founder of ANAROCK Group, recognising his contribution to the sector.

The event marked an important leadership transition within the organisation and served as a platform for industry leaders to reflect on progress and discuss the future direction of real estate development in the state. Stakeholders from across the industry attended the ceremony, reinforcing the importance of collaboration in shaping policy and growth.

Speaking on his new role, Ashish Raheja expressed optimism about the sector’s trajectory and the responsibilities that come with his position. He emphasised that India’s real estate industry has undergone a significant transformation in recent years, driven by regulatory reforms, digitisation, and changing consumer expectations.

“It is an honour to be entrusted with this responsibility. The real estate sector continues to be a key driver of economic growth, and I look forward to working closely with industry stakeholders to promote transparency, innovation, and sustainable development,” Raheja said.

With decades of experience in the industry, Raheja is widely regarded as a seasoned professional who has contributed to shaping the real estate landscape of the Mumbai Metropolitan Region (MMR). Under his leadership, Raheja Universal has delivered a range of residential and commercial projects, focusing on quality construction and customer-centric design.

His appointment is expected to bring renewed momentum to NAREDCO Maharashtra’s initiatives, particularly in areas such as policy advocacy, sustainable urban development, and improving ease of doing business for developers. Industry experts believe that leadership with practical, on-ground experience will help address key challenges such as project delays, financing issues, and regulatory compliance.

The role of NAREDCO Maharashtra is crucial in bridging the gap between developers, government authorities, and homebuyers. As Vice President, Raheja is expected to play a pivotal role in strengthening this ecosystem by encouraging responsible development practices and fostering trust among stakeholders.

Moreover, the Maharashtra real estate market, especially in cities like Mumbai and Pune, continues to attract both domestic and international investors. With rising demand for quality housing, infrastructure upgrades, and smart city initiatives, the sector is poised for sustained growth.

Raheja’s leadership is likely to focus on aligning industry practices with global standards while addressing local challenges. His emphasis on collaboration and progressive reforms could help create a more resilient and future-ready real estate ecosystem in Maharashtra.

As the industry moves forward, appointments like these signal a shift towards more structured, transparent, and growth-oriented governance, ensuring that the sector continues to contribute significantly to India’s economic development.