The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.

The MPL 10 competition, organised by CREDAI MCHI, became a CSR platform. The tournament's inclusive semi-finals saw Team Rustomjee and Team B Kandhari advance to the Dubai grand final with the enthusiastic involvement of construction site youngsters.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

From January 5 to 7, 2024, CREDAI Ahmedabad will host the 18th GIHED Property Show. The Gujarat Chief Minister Bhupendra Patel and the Minister of State for Home Harsh Sanghvi will launch this important event.

The Indian real estate industry had a great 2023! Indian property markets saw some of the largest transactions ever. Lots of action—acquisitions, IPOs, new project launches. 2023 has set up the Indian real estate sector for future growth.

The second CREDAI-MCHI Golden Pillar Awards will honour and commemorate real estate's greatest accomplishments. These awards, which honour innovation, creativity, and quality, are important in real estate.

NDITA inked an MoU with Mumbai, Bengaluru, Chennai, Kochi, and Noida World Trade Centres during the Urban Infrastructure session of Biswabanga Mela Prangan of Bengal Global Business Summit, 2023.

The Chennai real estate market has faced unprecedented challenges, according to the September 2023 CREDAI RAW Report. CREDAI Chennai's report covers sales, residential projects, and registration fee increases.

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.

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 Maharashtra Real Estate Regulatory Authority (MahaRERA) is set to introduce a transformative framework aimed at enhancing transparency and quality assurance within the real estate sector.

SMFG India Credit Ltd., an affiliate of Sumitomo Mitsui Financial Group (SMFG), and Fullerton Financial Holdings (FFH), an established NBFC, have signed a major leasing agreement with Embassy Office Parks REIT.

Mumbai realtors, under CREDAI-MCHI, have petitioned the Maharashtra government for policy changes to lower rising property prices, which are hurting the city's economy.

As lenders grapple to recover their investments from the debt-stricken retailer, the focus has shifted to the potential recovery through the asset held by Bansi Mall Management Co Pvt Ltd (BMMCPL), a subsidiary under the umbrella of the Future Group.

Sundaram Alternates Assets, a part of the Sundaram Group, will raise up to 1,500 crore for its fourth real estate private credit fund, the Private Credit High Yield Real Estate Fund IV (RE Credit Fund IV), which will concentrate on growth and unique situations.