The Maharashtra government has introduced a time-bound framework for the redevelopment of cooperative housing societies, requiring developers to complete projects within two years from the date of the foundation or…
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Affordable housing ₹45 lakh price cap ‘not relevant’; CREDAI wants definition based on area, not price
A major theme at the 24th CREDAI NATCON is the builders’ push to change the definition of affordable housing, with the real estate developers’ body arguing that the current ₹45…
UPRERA approves 11 real estate projects with investment worth over ₹2,086 crore, Gautam Buddh Nagar tops
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) said it has approved 11 projects across five districts, involving an estimated investment of over ₹2,086 crore and the development of…
Mumbai leads top 9 cities in residential sales value with 34% share in FY26: CREDAI-ANAROCK report
The Mumbai Metropolitan Region (MMR) remained India’s largest residential market by sales value in FY26, accounting for 34% of the ₹6.3 lakh crore sales across the top nine cities, followed…
Mumbai is the ‘mother of redevelopment models’, CREDAI-NATCON leadership urges other cities to emulate it
Mumbai has led the way in redevelopment and is widely seen as the ‘mother of redevelopment models’ in India. Other cities should emulate the Mumbai model, which offers key lessons…
West Bengal finance minister invites investors to Kolkata, promises reforms to unlock city’s potential
West Bengal finance minister Dr Swapan Dasgupta, the chief guest at the first-ever CREDAI NATCON 2026 summit in Kolkata, on Friday invited investors and the real estate fraternity to explore…
CREDAI’s NATCON comes to India for first time in over a decade, puts spotlight on Kolkata’s real estate potential
India’s real estate sector is at a pivotal stage of transformation, with growing economic ambitions, rising expectations of homebuyers and the rapid adoption of artificial intelligence (AI) reshaping the industry,…
DDA seeks land-use change of Bharatiya Vidya Bhavan plot
New Delhi: The Delhi Development Authority (DDA) has proposed changing the land use of an 8,494.35-square metre plot on Copernicus Lane in Lutyens’ Delhi from residential to public/semi-public (PSP), DDA…
MahaRERA says it cannot decide whether MHADA can levy property tax on homebuyers before possession
The Maharashtra Real Estate Regulatory Authority (MahaRERA) said it lacks jurisdiction under the Real Estate (Regulation and Development) Act, 2016, to decide whether the Maharashtra Housing and Area Development Authority…
Winter air pollution plan: Why doubling parking fees in Delhi-NCR has not proved successful in the past
One of the measures the Delhi government announced this week for the upcoming winter pollution season is to double parking rates. However, past experience shows that the move has not…