The Maharashtra Housing and Area Development Authority has announced significant policy reforms aimed at making redevelopment financially viable for developers and housing societies across Mumbai.

The Maharashtra Minister of State announced government commitment to implementing developer-friendly policies during the 17th NAREDCO National Convention in New Delhi, signaling strong support for the state's real estate sector growth.

Maharashtra announces integration of property registration system with MahaRERA portal to eliminate fraudulent transactions and strengthen homebuyer protection through real-time verification.

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.