CREDAI Signs MoU with NSDC, QCI to Drive Skill Development in Real Estate Sector
The Confederation of Real Estate Developers Association of India (CREDAI) has formalised a tripartite Memorandum of Understanding (MoU) with the National Skill Development Corporation (NSDC) and the Quality Council of India (QCI) to drive skill development, certification, and capacity building in India’s construction and real estate sector.
The agreement was signed during CREDAI’s leadership transition ceremony, where Shekhar G Patel officially took over as president for the 2025–27 term. The collaboration brings together key institutions from the public and private domains, aiming to address the demand-supply gap in skilled construction labour and enhance the professionalism of the workforce employed across projects.
As per the understanding, NSDC will lead the implementation of training programmes by leveraging its wide network of training partners. QCI will contribute its expertise in setting quality benchmarks and providing certification. CREDAI, as the industry body, will act as the bridge between these organisations and the on-ground requirements of developers and contractors, identifying skill gaps and enabling placements for trained individuals.
The focus of this joint initiative includes delivering structured, industry-aligned skill training and expanding Recognition of Prior Learning (RPL) programmes. The aim is to formally validate the skills of workers who have acquired them through informal routes over the years. Certification is expected to improve employability, wage levels, and mobility of these workers, especially in a sector where labour turnover is high and skill gaps affect project timelines and quality.
The partnership also intends to promote modern construction practices. This includes awareness and training in green building techniques and technologies that reduce resource consumption and align with environmental standards increasingly being adopted by Indian developers.
Under Mr. Shekhar G Patel’s leadership, CREDAI has outlined skill development as a strategic priority. He is expected to push for deeper industry involvement in such initiatives, especially in ensuring that developers invest in training and retraining their construction staff.
Mr. Boman Irani, who continues to serve as chairman of CREDAI, is likely to oversee the implementation of this MoU at the policy and organisational level. His approach has consistently focused on aligning real estate practices with long-term goals of urban development, workforce stability, and compliance with regulatory reforms.
Together, the three organisations are setting the stage for a more structured approach to labour development in the sector. The initiative aims to reduce dependence on untrained labour, increase site productivity, and ensure a higher standard of execution across real estate and infrastructure projects. This partnership may also serve as a model for other sectors facing similar workforce challenges.
