Ganesh Housing-Backed, GREMI Secures AICTE Approval as India’s First Standalone Real Estate Business School

GREMI secures AICTE approval as Gujarat’s first standalone real estate business school, set to launch industry-focused programs in 2026.

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Ganesh Real Estate Management Institute (GREMI), specialist institution for real estate education, supported Ganesh Housing Limited, has received approval from the All-India Council for Technical Education (AICTE), marking a significant milestone towards further institutionalising real estate education in India. With this, GREMI becomes Gujarat’s first AICTE-approved institute exclusively focused on the real estate sector and will commence its first academic batch from August 2026.

At a time when India’s urban landscape is expanding at an unprecedented pace, the real estate sector is undergoing a shift towards greater scale, complexity, and accountability. Yet, the availability of structured, industry-aligned education in real estate development and management has remained limited. GREMI has been conceptualised to bridge this gap by building a formal, multidisciplinary talent pipeline equipped to navigate the evolving demands of urban development.

Envisioned as part of the company’s broader commitment to contribute to the sector beyond development through education and long-term capability building, GREMI is associated by Mahamati Skill and Education Foundation (MSEF), a not-for-profit organisation established under Section 8 of the Companies Act, 2013, envisioned by Mr. Shekhar Patel, Director of Ganesh Housing Limited, National President of CREDAI. MSEF operates independently and undertakes its initiatives through funding support received from associated entities and family trusts.

The institute will operate from the GREMI City Campus, at Million Minds Tech City, enabling a strong integration between academic learning and industry exposure. The institute’s academic framework is designed to integrate key facets of the built environment, including development, finance, urban planning, governance, and technology. This approach reflects the increasingly interconnected nature of real estate, where decision-making requires cross-functional expertise and strategic thinking.

Commenting on the development, Mr. Shekhar Patel, Director of Ganesh Housing Limited, National President of CREDAI, said, “India’s real estate sector is entering a phase where the expectations from urban development are far more nuanced and future-focused. GREMI has been envisioned as a platform that nurtures professionals who can respond to this shift with both technical depth and a broader understanding of the ecosystem. Receiving AICTE approval is a significant milestone as we work towards building an institution that is relevant, rigorous, and globally aligned.”

Adding perspective on the institute’s vision, Dr. Anil Kashyap, Former Chancellor of NICMAR University and now Director General and CEO, GREMI, said, “Real estate education in India has largely remained unstructured despite the sector’s scale and importance. With GREMI, we aim to mainstream real estate education and position it as a credible and aspirational career choice for the younger generation, while also creating a strong foundation for research, innovation and policy engagement in the built environment. Our goal is not just to create industry-ready talent, but also to contribute to research, policy dialogue, and innovation in the built environment.”

GREMI’s flagship Postgraduate Certificate (PGCM) in Real Estate Development and Management will be introduced with its Founding Cohort of 2026, comprising approximately 70 students. In parallel, GREMI has applied to UGC to grant a Deemed University status and establish a 100-acre integrated teaching, research and residential leadership campus that will serve as a long-term centre of excellence for real estate education, research and innovation.

With its focus on building capability, encouraging responsible leadership and supporting the future of urban development, GREMI represents a meaningful step towards strengthening the academic foundation of India’s real estate sector.


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