Raidu Chalapathi Rao, has huge passion and commitment for Real Estate sector. Besides being the President Elect of National Real Estate Development Council (NAREDCO), he is Executive Vice President, Telangana Real Estate Developer’s Association (TREDA). He founded the Sirisampada Group operating in construction,Real Estate and Infra sector activities.
Sixty years ago when he was born in Umamaheshwaram village of West Godavari district, none could have ever imagined the illustrious path that he would tread. Hailing from a farmer’s family, Chalapathi Rao had a humble upbringing, but grew up to be the first graduate from his village when he passed out B.Sc. and later MBA from Andhra University. Besides captaining the Andhra university basket ball team, he also holds NCC ‘C’ certificate accomplished during those days, when it was a rare distinction.
His eye for detailing, hunger for knowledge, quest for stepping into the twilight zone has seen him go places. Started as a marketing officer in a textile company, he soon became the director and chief consultant at National Productivity Council. Having presented several research papers at prestigious forums, he has headed various management consultancy projects. Chalapathi Rao has attended many international training programmes to upgrade his skills and proved his mettle as a trainer for different levels of human resource on management and technical subjects. Since 1996 he has been into real estate and heads the Sirisampada group of companies.
On being appointed as the governing council member and elected as the National President Elect NAREDCO. He will also dwell into policy and taxation issue of the Real Estate. He was a part of the recent real estate mission to Dubai led by central housing minister Dr Girija Vyas. He lead the NAREDCO Trade Mission to Istanbul. He is determined to work for creating a conducive climate, evolving market friendly policies, rationalization of taxes, single window clearance for time bound building/ layout permissions and introduction of new technologies for timely and cost effective completion of projects all aimed to make housing affordable to the people.