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Ashiana Housing's Vishal Gupta Takes Charge as CREDAI-NCR President with Reform-Driven Agenda

Vishal Gupta, Managing Director of Ashiana Housing, has been elected as the new President of CREDAI-NCR. The new leadership aims to drive policy reforms, promote sustainable development, and strengthen industry-government coordination across the National Capital Region's real estate sector.

By Admin

  • 14th Dec 2025
  • 1134 Views
Maharashtra Reforms Century-Old Pagdi Rental System with New Framework to Fast-Track Mumbai Redevelopment

The Maharashtra government has announced a landmark policy to reform Mumbai's pagdi rental system, introducing clear FSI and TDR guidelines alongside fast-track courts to resolve 28,000+ pending disputes and accelerate redevelopment of thousands of unsafe buildings.

By Admin

  • 14th Dec 2025
  • 1135 Views
Greenply Industries Commits ₹500 Crore to Build New MDF Plant Ahead of Stricter BIS Norms

Greenply Industries has announced a ₹500 crore investment to establish a new MDF manufacturing facility by FY28, aiming to capitalise on rising domestic demand and upcoming BIS regulations that will curb substandard imports.

By Admin

  • 14th Dec 2025
  • 1129 Views
Gujarat to Become Global Digital Gateway as GIFT City Signs ₹1,317 Crore Cable Landing Station Deal with Sharjah-Based Henox Group

Gujarat takes a transformative step towards becoming India's digital infrastructure hub as GIFT City, the state government, and UAE-based Henox Group sign a ₹1,317 crore MoU to establish a cable landing station at Dhuvaran in Anand district, promising over 1,300 jobs.

By Admin

  • 14th Dec 2025
  • 1130 Views
LDA Greenlights 385-Acre Urban Expansion with Seven Townships and Over 1,100 EWS Homes

The Lucknow Development Authority has approved a landmark 385-acre urban expansion plan featuring seven private townships, over 1,100 EWS housing units, and multiple residential projects scheduled for 2026 launch.

By Admin

  • 14th Dec 2025
  • 1128 Views
Karnataka Apartment Bill 2025: A Landmark Reform to Transform Homeownership and Society Governance

The Karnataka government is set to introduce the Apartment Bill 2025, a comprehensive legislation aimed at empowering flat owners, streamlining housing society governance, and establishing dedicated dispute resolution mechanisms across the state.

By Admin

  • 14th Dec 2025
  • 1125 Views
Welspun One Commits ₹550 Crore to Build 1.2 Million Sq Ft Grade-A Logistics Park in Pune's Talegaon Industrial Hub

Welspun One Logistics Parks has announced a ₹550 crore investment to develop a 1.2 million sq ft Grade-A logistics facility on 46 acres of MIDC land in Pune's Talegaon-Chakan industrial belt, targeting e-commerce, FMCG, and automotive sectors.

By Admin

  • 13th Dec 2025
  • 1144 Views
BMC Approves Feasibility Study to Transform Mulund Landfill into Golf Course: A Green Future for Northeast Mumbai

The BMC has granted conditional approval to PGTI for a feasibility study to develop a golf course at the 64-acre Mulund landfill site, where over 5.8 million tonnes of legacy waste has already been biomined under a ₹731 crore project.

By Admin

  • 13th Dec 2025
  • 1146 Views
KDMC Demolishes Landmark Optic Building to Fast-Track Critical Flyover Construction Near Kalyan Railway Station

The Kalyan-Dombivli Municipal Corporation has begun demolishing the iconic 50-year-old Optic Building, clearing the final hurdle for completing Flyover A under the ₹602 crore SATIS project near Kalyan railway station.

By Admin

  • 13th Dec 2025
  • 1148 Views
Brookfield India REIT Secures ₹3,500 Crore via QIP as Institutional Investors Rally Behind Commercial Real Estate Growth

Brookfield India REIT has successfully raised ₹3,500 crore through a Qualified Institutional Placement, attracting major investors including SBI Mutual Fund, LIC, and IFC. The capital will fund portfolio expansion, debt repayment, and corporate growth initiatives.

By Admin

  • 13th Dec 2025
  • 1138 Views
Maharashtra Unveils Revised OC Scheme to Regularise 20,000 Non-Compliant Buildings, Offering Relief to Over 10 Lakh Mumbai Residents

Maharashtra government announces a Revised Occupancy Certificate Scheme to regularise over 20,000 buildings across Mumbai, providing relief to more than 10 lakh residents through premium discounts, penalty waivers, and individual flat OC provisions.

By Admin

  • 13th Dec 2025
  • 1145 Views
Maharashtra Unveils Major Housing Reforms: Pagdi Redevelopment Framework, Fast-Track Courts for 28,000 Disputes, and SGNP Tribal Rehabilitation Policy

Deputy CM Eknath Shinde announces comprehensive housing reforms in Maharashtra Assembly covering pagdi system redevelopment with three-tier FSI model, dedicated fast-track courts for 28,000 pending tenant-landlord disputes, and draft rehabilitation policy for 25,000 SGNP slum dwellers and tribals.

By Admin

  • 13th Dec 2025
  • 1148 Views
₹164 Crore Santacruz West Bungalow Sale Signals Surging Demand for Redevelopment-Ready Land in Mumbai

A sprawling bungalow named Dwarka on Linking Road, Santacruz West, has been acquired for ₹164 crore by ZYJ Estates LLP, marking one of Mumbai's biggest luxury land transactions in 2025 with significant redevelopment potential.

By Admin

  • 13th Dec 2025
  • 1145 Views
Filmmaker Rakesh Roshan and Wife Lease Andheri West Retail Property to Fabindia for ₹14.5 Lakh Monthly Under Five-Year Deal

Bollywood filmmaker Rakesh Roshan and wife Pramila have leased a 6,389 sq ft premium retail space in Andheri West's De Mall to Fabindia for ₹14.5 lakh monthly rent under a structured five-year agreement, reflecting strong investor confidence in Mumbai's commercial real estate market.

By Admin

  • 13th Dec 2025
  • 1132 Views
India's GCC Sector Set to Become $105 Billion Powerhouse by 2030, Driving Massive Office Space Demand Across Major Metros

India's Global Capability Centres are projected to reach $105 billion by 2030, employing 2.8 million professionals and emerging as the largest driver of Grade-A office space demand across Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and NCR.

By Admin

  • 13th Dec 2025
  • 1137 Views
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