MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

The Indian real estate business is poised for a major change: industry recognition. This decision will boost growth and the sector's economic contribution.

Ministry of Environment, Forest, and Climate reform (MoEFCC) made a major reform to balance development with animal protection. Large projects in protected areas now need forest permissions before wildlife clearances.

In a decisive move to expedite the allocation of houses to approximately 3,000 buyers, a high-powered committee led by the chief secretary has directed the Ghaziabad Development Authority (GDA) to fast-track the approval of the Detailed Project Report (DPR) for Wave City.

In an innovative move, Nuvama Asset Management, the alternative investment arm of Nuvama Wealth Management, and Cushman & Wakefield have formed a joint venture to raise a 3,000 crore commercial property fund.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has chosen to deregister five real estate projects across Maharashtra state.

The Securities and Exchange Board of India (SEBI) has authorised the fractional real estate ownership platform hBits to raise over Rs 500 crore through a category II Alternative Investment Fund (AIF) for commercial real estate investments across India's major markets.

The announcement that the Union ministry of home affairs (MHA) has permitted Hindustan Aeronautics Ltd. (HAL), a military PSU, to administer immigration facilities at Nashik airport, permitting foreign flights, would likely impact the Nashik real estate market.

Suraj Estate Developers is a Mumbai based real estate developer located in Mumbai and developing properties in Mahim, Matunga, Dadar, Prabhadevi, and Parel. Very recently Suraj Estate Developers has got permission for its planned initial public offering (IPO) from the Securities and Exchange Board.

Nashik - After almost six months, the Nashik Municipal Corporation (NMC) has resumed online filing and approval of construction plan applications.

Recently Indiabulls Housing Finance said that a board-appointed committee has authorized a plan to raise up to Rs 50,000 crore through bonds.