Lucknow Development Authority's electronic property auction achieves unprecedented success, raising nearly ₹300 crore through diverse real estate asset sales.

RLDA announces ambitious plan to lease 25 acres across four prime Mumbai locations including Bandra, Mahalaxmi, and Parel, targeting ₹8,000 crore revenue through 99-year lease agreements.

Industry projections indicate that India's REIT sector growth alongside Infrastructure Investment Trusts (InvITs) will witness unprecedented expansion over the next six years, targeting ₹25 lakh crore AUM by 2030.

Mysuru City Corporation applies for Grade 1 status to secure increased government funding and accelerate urban development through municipal expansion.

Maharashtra Chief Minister directs immediate approval of stalled Maan-Mhalunge town planning scheme to unlock ₹150 crore funding and accelerate Pune Metropolitan Region development.

Seven Indian states raise ₹13,300 crore through RBI-facilitated State Development Loans for infrastructure, housing, and urban development projects. Maharashtra leads fundraising efforts.

MMRDA reduces coastal road project cost from ₹87,427 cr to ₹52,652 cr through strategic design changes. 55km project to enhance Mumbai-Vadhavan Port connectivity.

Uttar Pradesh has allocated ₹700 crore to boost smart infrastructure in 7 cities including Ayodhya and Ghaziabad. Each city will receive ₹100 crore to develop traffic systems, green zones, schools, and healthcare under the extended Smart City Mission.

The Rural Development Ministry allocated 3.8 million houses under PMAY-G for FY25, part of a 5-year plan to build 20 million homes and transform rural housing in India.

The Mumbai Metropolitan Region Development Authority (MMRDA) plans to lease out seven plots in the Bandra-Kurla Complex (BKC) to earn 5,497 crore. This program finances Mumbai Metropolitan Region infrastructure projects.

ASK Property Fund, the real estate private equity division of the Blackstone-backed ASK Asset & Wealth Management Group, has committed ₹190 crore to Kalpataru’s upper mid-income housing project in Borivali, a prominent Mumbai suburb.

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.

The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.

India's REIT and InvIT funding has increased significantly in recent years. The money generated via these channels increased tenfold in 2023, reaching ₹11,474 crore. SEBI's favourable policies and these instruments' enticing returns have driven this expansion.

Reliance Industries (RIL) has entered into an agreement to invest alongside Brookfield Infrastructure and Digital Realty in their Indian platform designed for the development of data centres across India.