The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.

NBCC has sold 533,000 sq ft of commercial space in two New Delhi developments, earning nearly ₹2,251 crore. The World Trade Centre project in Nauroji Nagar and the Sarojini Nagar Downtown project are both sold out, a major milestone for the firm.

A strategic bond sale by MMRDA to fund INR 50,000 crore will accelerate Mumbai's infrastructure development. MMRDA hopes to overcome its financial issues and forward critical projects that would boost connectivity and growth with state government support and a strong financial plan.

In 2024, over 5.3 lakh residences will be completed, a decade-high. The Covid-19 outbreak delayed projects and the government-backed SWAMIH fund revived them, causing this increase. NAREDCO states that almost 4.35 lakh units were constructed in the top seven cities in 2023.

Nearly a third of Godrej's extensive 3,000-acre land holdings, which have been part of the family assets since the early 1940s after acquisitions through government auctions and subsequent plot purchases, is poised for development.

Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.

Nariman Point, Lower Parel, and BKC are major Mumbai commercial real estate areas. Andheri East is a prominent major commercial centre in Mumbai's western suburbs.

In a bold initiative to demonstrate openness and regulatory supervision, MahaRERA deregistered seven key projects throughout the state. Developers recognise budgetary restrictions and lacklustre reception to their offers.

The Government of India is urging banks to use the'special window' it has opened up to expedite the completion of large-scale real estate projects worth more than 3 lakh crore.

All essential permissions will be given within three months using a single-window certification system, and these projects will be completed by self-regulation procedures.

The Maharashtra Housing & Area Development Authority (MHADA) has submitted proposals to the state government for three significant Mumbai redevelopment projects that are expected to impact the city's real estate market.

A host of pro-real estate measures being chalked up by the Maharashtra Government is likely to bring relief to thousands of homeowners in Navi Mumbai, property investors in Navi Mumbai property market and over 400 impacted real estate projects in Navi Mumbai.