Razack is the CMD of Bangalore-based realty firm Prestige group, while Anand is CMD of Noida-based ATS Infrastructure.
The Confederation of Real Estate Developers' Associations of India (CREDAI), the apex body for private real estate developers, represents over 11,000 developers through 23 states and 152 city level member associations.
"CREDAI today witnessed the investiture of a new Governing Council headed by Getamber Anand, President and Jaxay Shah, President Elect. The Governing Council has unanimously elected Irfan Razack as Chairman," CREDAI said in a statement.
CREDAI President Getamber Anand identified the need to change perceptions on real estate industry as the key task before the organisation, it added.