With its institute for research and professional studies set to come up near Ahmedabad, real estate body Confederation of Real Estate Developers' Associations of India (CREDAI) has roped in the Indian Institute of Management, Bangalore (IIM-B) for the same.
"We are setting up an institute of research and professional studies in real estate for aspiring professionals near Ahmedabad. Apart from research facilities, we will offer courses on various real estate related subjects. For this, we have tied up with IIM Bangalore which will help us in creating the curriculum from the management perspective," said Jaxay Shah, vice president of CREDAI and director of Savvy Infrastructure Ltd.
In response to an emailed query, a spokesperson from IIM-B said, "IIMB (as part of its Executive Education Programme) and CREDAI are working together to conduct a custom executive education programme for CREDAI Members."
To come up near Kensville Golf and Country Club near Ahmedabad, the institute will carry an initial intake of 25 candidates. "We will be launching the institute on 26th of this month," Shah added.
Apart from an institute, CREDAI has also announced the launch of an Educational Scholarship Scheme (ESS) for promoting higher education. Under ESS, CREDAI will be offering scholarships to deserving students who are pursuing full-time degree/post-graduate degree courses in civil engineering or management degrees related to real estate sector at any of the colleges or institutes recognized by the All India Council of Technical Education (AICTE).
"CREDAI has taken up the education initiative to encourage youth to play a major role in the nation building activities. The institute will focus on providing education in finance, management, planning and several other aspects of real estate industry," Shah added.