Vikas Jain, CEO of Labdhi Lifestyle, has been appointed as President of NAREDCO Maharashtra NextGen, the youth-focused division of the National Real Estate Development Council. A first-generation developer, he succeeds Ridham Gada, who now serves as Vice-Chairman.
Jainโs leadership arrives at a transformative time for Indiaโs real estate sector, projected to reach a market size of USD 1 trillion by 2030. A turnaround specialist renowned for reviving stressed projects, he aims to drive growth through project financing, RERA compliance, and technological adoption.
As President, Jain has announced โFinanceโ as the theme for 2025โ26, emphasizing capital structuring, valuations, and fostering a transparent ecosystem to attract consistent investments. He advocates for professionalizing management, embedding governance, and fostering innovation to empower young developers as responsible entrepreneurs.
Prashant Sharma, President of NAREDCO Maharashtra, praised Jainโs entrepreneurial expertise and financial acumen, confident in his ability to lead NextGenโs progress. Vice-Chairman Ridham Gada added that Jainโs focus on financing would drive transformative benefits for developers and homebuyers.
Under Jainโs leadership, NAREDCO Maharashtra NextGen aims to inspire collaboration, innovation, and inclusivity in real estateโs evolving landscape.
