Union Housing Minister Manohar Lal criticized NCLT's failure to revive stalled real estate projects, calling for urgent reforms in India's property sector resolution mechanisms.

The Supreme Court has cleared a major regulatory hurdle affecting 493 stalled housing projects in Maharashtra, paving the way for over 70,000 homes to be delivered to waiting buyers in Mumbai and Pune.

Mumbai's 86 stalled SRA projects receive major relief as Guardian Minister Ashish Shelar grants residents the nod to appoint new developers, while the state recovers ₹735 crore in outstanding dues.

With a ₹5,500 crore plan, Suraksha Group revives Jaypee Infratech projects, eyeing full home deliveries in Noida and Greater Noida by 2027.

Apex Group to co-develop Supertech’s 16 projects, settling bank and authority dues, with Supreme Court approval awaited.

MHADA has announced plans to construct 8 lakh homes in the next five years, prioritizing affordable and rental housing for mill workers, dabbawallas, and lower-income groups. The initiative aims to boost urban redevelopment and enhance housing accessibility across Maharashtra.

The Indian real estate sector thinks Budget 2024 will boost development and make housing more accessible. Ghar offers 6 budget 2024 real estate predictions for India.

Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.

Kochra Realty Acquires Stressed Residential Project in Dahisar For a Staggering INR 700 crore. Kochra Realty Acquires Stressed Residential Project in Dahisar For a Staggering INR 700 crore -