Naredco’s NextGen stresses on disruptive real estate

Hyderabad: Ravi Reddy, newly elected President of the NextGen (Next Generation of Real Estate Developers) announced that their platform would move with the commitment of Prime Minister Narendra Modi’s vision of AMRITKAL 2047 and make a beginning to build a new India by carrying out disruptive real estate activities in tier II & tier III townships. He was speaking at the 16th Naredco National Convention.

The Hyderabad-based real estate developer claimed that the NextGen Real Estate developer would not be a replica of NAREDCO in its entirety, but it would work with an independent mindset in which young entrepreneurs of all hues would be stakeholders without inheriting real estate in their DNA, though the approach of the new initiative would be traditional to some extent, he informed.

NextGen was launched under the aegis of NAREDCO. Its new president says, “With the new approach and mindset, the new generation of real estate developers intends to shape a new India for a win-win situation for all stakeholders involved in the exercise, as per the Prime Minister’s vision, which aims at ensuring quality housing for all.”