First-of-its-kind expo unites 48 associations and 50+ developers to accelerate collaboration, transparency, and business growth in the real estate market
Mumbai,
May 11, 2026 : Under the visionary leadership of Sukhraj
Nahar, CREDAI-MCHI,
the apex body of real estate developers in the Mumbai Metropolitan Region
(MMR), hosted its first-ever exclusive Property Expo for Channel Partners at
the Jio World Convention Centre, bringing together over 5,000+ channel partners
and 48 channel partner associations on a unified platform created to strengthen
the critical bridge between developers and homebuyers. Recognising that nearly
60% of real estate sales are driven through the channel partner ecosystem, the
initiative was conceptualised to reinforce ease of doing business, recognise
the contribution of channel partners, and foster stronger partnership across
the real estate value chain.
The
expo was conceptualised as a recognition platform for channel partners,
bringing together the entire real estate ecosystem to deepen engagement and
create a more seamless pathway for homebuyers. The event witnessed participation
from channel partners across Mumbai, the wider MMR region, Pune and Nasik
reflecting the growing scale, reach and interconnectedness of the real estate
brokerage ecosystem across key markets .With the Mumbai Metropolitan Region
today comprising an estimated 45,000–60,000 active channel partners nearly
12,000–18,000 of whom operate as highly active institutional and semi-organised
players their contribution has become central to market movement, influencing
nearly 50–60% of residential transactions across MMR. By enabling direct
engagement between developers, channel partners and project teams, the
initiative simplifies the homebuying journey, enhances transparency and
reinforces trust. This integrated approach not only improves ease of doing
business for industry stakeholders but also contributes to ease of living by
helping homebuyers make more informed and confident decisions.
At
the same time, the initiative reinforces CREDAI-MCHI’s commitment to empowering
channel partners by creating a dedicated platform for business acceleration.
With the ecosystem estimated to be growing at 10–15% annually, and organised
institutional channel partner firms expanding at 18–25% year-on-year, this
momentum is being fuelled by rising residential demand, redevelopment activity,
infrastructure-led growth and digital lead generation across key micro-markets
such as Thane, Navi Mumbai, Central Suburbs and extended Western suburbs. By
bringing leading developers and channel partners together under one roof, the
expo enables faster knowledge exchange, stronger business networking, real-time
inventory access and smoother partnership, helping channel partners engage more
effectively while driving higher quality transactions across MMR’s residential
market, which continues to account for over 30,000 quarterly housing sales as
India’s largest housing market.
Emphasising
the importance of trust and awareness, Mr. Boman Irani, Chairman, CREDAI
National, said: “Trust remains the most critical currency in real estate,
and Platforming that trust requires deeper partnership across the ecosystem.
This initiative addresses a critical missing link by bridging the gap between
homebuyers and developers through channel partners, creating a stronger and
more transparent connection across the transaction journey. The more informed
and closely connected channel partners are with developers, their teams and
their service ethos, the greater the trust they can build with customers.
Today’s homebuyers seek confidence and credibility before making one of the
most significant investments of their lives, and that trust can only be built
through deeper knowledge, transparency and stronger relationships across the
ecosystem”
Speaking
on the vision behind the initiative, Mr. Sukharaj Singh Nahar, President,
CREDAI-MCHI, said: “Channel partners are the true ambassadors of our
industry, acting as the vital bridge between developers and homebuyers and
driving nearly 60% of residential transactions. This first-of-its-kind expo has
been created to recognise their contribution, deepen ease of doing business and
bring together a fragmented ecosystem on one unified platform. By enabling
direct engagement with over 50 leading developers, we are creating an
environment of greater trust, sharper market understanding and stronger
collaboration that will help drive the next phase of growth for Mumbai’s real
estate sector.”
Highlighting
the trust-led nature of today’s real estate market, Mr. Rushi Mehta,
Secretary, CREDAI-MCHI, said: “For us, it is ultimately about maintaining
the trust factor and strengthening a process built on transparency. With RERA,
today’s homebuyer has access to accurate and verified information from project
approvals and sale agreements to available inventory and units already sold.
Buyers today are extremely informed and cannot be misled. While technology and
AI are enabling faster engagement, real estate transactions still depend on
human trust, and channel partners remain central to building that confidence.”
Speaking
on the evolving nature of the sector, Mr. Nikunj Sanghavi, Treasurer,
CREDAI-MCHI and Exhibition Co- Convener, said: “Real estate today is not
just about driving business; it is about enabling long-term growth and
empowering buyers to make smarter decisions. Today’s customer is not simply
choosing a home they are choosing a home that fits their aspirations, lifestyle
and long-term value expectations. MMR continues to hold tremendous potential
for this growth. Pricing is ultimately a function of demand and supply, and
today’s customers are highly particular, informed and detail-oriented when
evaluating projects.”
Adding
perspective on broader market growth, Mr. Jitendra Mehta, Senior Vice
President, CREDAI-MCHI, said: “India’s real estate growth story continues
to remain strong, driven by rising aspirations and increasing purchasing
capacity. While global uncertainties may create short-term sentiment shifts,
their impact remains only a temporary blip. For India to unlock greater NRI and
reverse migration-led investments, regulatory support around ease of buying,
selling and fund repatriation will be critical. We are not competing with
global markets; we are focused on building better products and creating a
stronger, more future-ready real estate ecosystem.”
The
event was graced by Mr. Sukharaj Singh Nahar, President, CREDAI-MCHI; Mr. Rushi
Mehta, Secretary, CREDAI-MCHI; Mr. Boman Irani, Chairman, CREDAI National; Mr.
Nikunj Sanghavi, Joint Secretary, CREDAI-MCHI and Exhibition Convener; Mr.
Jitendra Mehta, Senior Vice President, CREDAI-MCHI, Mr. Mayur Shah, Mr.
Shailesh Sanghvi, Mr. Prashant Khandelwal, Mr. Sunny Bijlani along with senior
office bearers, leading developers, and Presidents of all participating channel
partner associations, who were felicitated during the event for their contribution
to strengthening Mumbai’s real estate ecosystem
Additionally
the expo held projects from more than 51 leading developers were showcased at
the expo, spanning offerings from ₹100 crore developments to premium residences
priced at ₹1 lakh per sq. ft., ensuring opportunities across every category and
buyer segment. This assumes greater significance considering that the Mumbai
Metropolitan Region accounts for nearly ₹2.5 lakh crore in residential sales
approximately 40% of India’s total residential market. With India’s real estate
sector projected to contribute 15% to GDP in a $5 trillion economy, the
industry is steadily progressing toward becoming a $1 trillion market, making
stronger channel partner collaboration essential to sustaining this momentum.
A
key highlight of the event was the felicitation of all 48 participating channel
partner associations, including representatives such as Chandresh Vithalani and
Ashish Mehta from National Association of Realtors, Jatin Shah from South
MetroCity Association of Realtors, and Raju Achpilia from The Association of
Real Estate Agent, recognising their invaluable role in market outreach,
customer engagement and transaction enablement. The overwhelming participation
further reinforced the growing need for dedicated, relationship-driven business
platforms that foster trust, transparency and long-term industry growth.
Designed
as a recurring initiative, the expo marks a defining step in CREDAI-MCHI’s
commitment to building a more organised, collaborative and efficient real
estate ecosystem where channel partners continue to remain at the centre of
business acceleration and homebuyer confidence.
ABOUT
CREDAI-MCHI
CREDAI-MCHI
is the apex body of real estate developers in the Mumbai Metropolitan Region.
(MMR). With an impressive membership of over 2200+ leading developers in MMR,
CREDAI-MCHI has extended its reach throughout the region, establishing units in
various locations such as Thane, Kalyan-Dombivli, Mira-Virar, Raigad, Navi
Mumbai, Palghar-Boisar, Bhiwandi, Uran-Dronagiri, Shahapur-Murbad, and most
recently in Alibaug, Karjat-Khalapur-Khopoli, and Pen. Being the only
Government-recognised body for private sector developers in MMR, CREDAI-MCHI is
dedicated to promoting the industry’s organisation and progress. The
association is committed to driving policy reform, housing innovation, and
sustainable development in partnership with the government and urban stakeholders.
As
a part of CREDAI National, an apex body of 13000 developers across the nation,
CREDAI-MCHI has emerged as a preferred platform for regional discussions on
housing and habitat by establishing close and strong ties with the government.
It is committed to breaking barriers to create a strong, organised, and
progressive real estate sector in the MMR. The vision of CREDAI-MCHI is to
empower the Real Estate fraternity of the Mumbai Metropolitan Region as it
preserves, protects, and advances the right to housing for all. To continue
being a trusted ally, guiding their members, supporting the Government on
policy advocacy, and assisting those they serve through the ever-evolving real
estate fraternity.
Website:
https://mchi.net/