Lalit Kumar Jain, Chairman and Managing Director of Kumar Urban Development Ltd. (KUL), is a name synonymous with innovation, integrity, and forward-thinking in the Indian real estate sector. Known widely as the “Builder of Values,” his contribution to urban development is remarkable — but equally inspiring is his enduring commitment to education and knowledge-sharing in the industry.
Championing Entrepreneurial Education
Jain has always believed that real growth begins with empowering individuals. In 2020, under his leadership, Kumar Urban Development launched an entrepreneur development program as part of its Corporate Social Responsibility (CSR). This initiative was designed to support young entrepreneurs from regions like Aurangabad, Kolhapur, and Pune, offering structured training on business planning, goal setting, and execution strategies.
This program gave budding entrepreneurs from diverse backgrounds a real-world platform to showcase their ideas and develop business models, reflecting Jain’s passion for grassroots empowerment through practical education.
Establishing Institutions for Real Estate Learning
Recognizing the need for formal education in real estate, Lalit Kumar Jain played a pivotal role in initiating the CREDAI Institute of Real Estate Research and Professional Studies in Ahmedabad. The aim of the institute is to promote global standards and professionalism in the real estate industry.
True to his values, Jain backed the vision with personal commitment by pledging ₹1 crore to support the construction of the institute — a clear indication of his desire to create an industry built on knowledge, ethics, and sustainability.
Uplifting Rural Education
Lalit Kumar Jain’s belief in inclusive development also extends to the rural heartland. Through the Jain Charitable Trust, initiatives like the “Gunwatta Vikas Yojana” (formerly Adarsh Vidya Mandir) are being carried out across Maharashtra. These programs focus on improving education quality in rural areas by conducting various academic and personal development activities for students, especially those from underprivileged communities.
This initiative reflects his conviction that education must reach every corner of society, regardless of geography or income.
Thought Leadership in the Industry
As a former National President of CREDAI, Jain has long been a vocal advocate for ethical real estate practices, skill development, and industry-wide learning. His speeches, interviews, and participation in national conferences consistently stress the importance of transparency, long-term vision, and skill-based learning.
His influence continues to inspire a generation of developers and professionals to embrace a more responsible and educated approach to real estate.
Recognition for His Contributions
In 2013, Lalit Kumar Jain was honored with the ASM Award for Excellence in recognition of his achievements in the real estate sector and his unwavering contribution to the enrichment of human life through education and ethical leadership.
This recognition highlights his role not only as a successful entrepreneur but also as a transformational figure who uses his success to uplift others.
Sources:
Business India – Kumar Urban Development’s CSR: Promoting Entrepreneurship
https://businessindia.co/csr/kumar-urban-developments-is-promoting-entrepreneurshipIndia Today – Real Estate Lobby to Help Fund Education in the Sector
https://www.indiatoday.in/education-today/news/story/real-estate-lobby-to-help-fund-education-in-the-sector-113506-2012-08-16Lalit Kumar Jain Official Website – CSR Initiatives
https://www.lalitkumarjain.com/csr.htmlLalit Kumar Jain Official Website – Awards & Media
https://www.lalitkumarjain.com/media/22-oct-13kul.html
