The Supreme Court has granted permission to state-run NBCC (India) to generate an additional ₹15,000 crore by developing extra flats within the Amrapali projects. This move is intended to address the delivery of stalled homes to approximately 16,000 homebuyers, according to company executives.

To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.

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

The much-anticipated Thane Coastal road, which is intended to alleviate congestion on the Ghodbunder road, is likely to gain momentum as the MMRDA is expected to begin its tendering process shortly, according to officials.