The Confederation of Real Estate Developers’ Associations of India (CREDAI), Coimbatore, recently held its investiture ceremony for the office bearers for the 2025–2027 term at Taj Vivanta, Coimbatore.
On the occasion, the chief guest, Sivaguru Prabakaran, Corporation Commissioner, Coimbatore Municipal, gave the badges to the newly elected office-bearers.
Arvind Kumar, Managing Director of Arima Constructions P. Ltd, elected as the President; Rajiv Ramaswamy, Joint Managing Director of Sreevatsa Real Estates P. Ltd, as the Vice President; Sanjana Viayakumar, Managing Partner, TNCD LLP, as the Secretary; Madan B. Lund, Director, Srivari Infrastructure P. Ltd, as the Joint Secretary and Karthik Kumar, Executive Director of Ananya Shelters P. Ltd, as the Treasurer.
At the installation, Prabakaran, said, “Coimbatore has got many landmark projects, such as the Semmozhi Poonga, a library to be set up for Rs. 300-crore, a cricket stadium and a hockey stadium, thanks to the Chief Minister M. K. Stalin and the Municipal Administration and Water Supply Department.
The Commissioner said that in terms of growth and infrastructure development, Coimbatore was becoming almost equal to Chennai. With the kind of projects lined up, Coimbatore has the potential to emerge as the number one city in Tamil Nadu in the next 5 years.
The fast-paced infrastructure development projects, such as the 300 million-per-day capacity Pilloor III Water Scheme, which could be augmented to 400 mld, besides Rs. 200-crore road projects, the underground drainage system and so on, would enhance the status of the city further, he added.
The Commissioner further said that the Avinashi Road flyover project was nearing completion, and the metro rail project was in the offing. The State government had been investing crores of rupees in various developmental works in Coimbatore.
Arvind Kumar in his speech said that CREDAI means trustworthiness, reliable and durable. . He noted that the outgoing office-bearers had done exemplary works which could be hard to emulate, and yet the new team would try to keep up the momentum.
Speaking on the road map ahead, he spoke of upcoming initiatives of CREDAI Coimbatore. “CREDAI would endeavour to find the right solutions for the Coimbatore Master Plan, Coimbatore Urban Development Authority, and various issues facing the Construction industry, said Arvind Kumar.
Immediate past President Gugan Ilango said that the four years were a learning curve for him, and he also stated, “CREDAI Coimbatore had been actively taking up with the authorities the need for Coimbatore airport expansion and enhancing other infrastructure facilities. It has made many significant policy representations to the authorities, which were accepted by the Government, resulting in benefits to the public.”
Sanjana Vijayakumar proposed a vote of thanks. She emphasized the need for continuing with the collaborative efforts, and firm links with CREDAI chapters in Madurai, Erode, Salem, Hosur, and Tirunelveli.
