India’s Real Estate to Become a ₹800 Lakh Crore Powerhouse by 2047 — Tier II Cities to Drive the Next Big Boom

A new Colliers–CII report projects India’s real estate sector to grow 20 times by 2047 — reaching USD 5–10 trillion and contributing up to 20% of GDP. Tier II cities, alternative assets, and redevelopment are set to lead the next big boom in India’s housing and infrastructure story.

Maharashtra Implements ‘SNA-SPARSH’ System for Faster Fund Transfers under PMAY (Urban) and PMAY 2.0

Maharashtra has rolled out the SNA-SPARSH system for PMAY (Urban) and PMAY 2.0, introducing dedicated RBI accounts for real-time and transparent housing fund transfers, marking a major digital reform in scheme implementation.

Maharashtra Waives ₹16.9 Crore Premium for PMAY Housing Project for Unorganised Workers in Solapur

The Maharashtra Government has waived ₹16.93 crore in premium and dues for a 30,000-home PMAY project for unorganised workers in Solapur’s Kumbhari village, marking a major policy step to boost affordable housing.

Japanese Delegation Explores Housing Redevelopment Ties with MHADA in Mumbai

A Japanese delegation from the Urban Renaissance Agency met with MHADA officials in Mumbai to discuss collaboration on major housing and redevelopment projects, signaling growing India-Japan ties in urban development.

🏡 35 Lakh Homes, ₹50 Lakh Crore Investment: Maharashtra Unveils Massive Housing Push for MMR

Maharashtra has unveiled a ₹50 lakh crore plan to construct 35 lakh homes over the next five years, with 30 lakh targeted for the Mumbai Metropolitan Region by 2030. The drive focuses on redevelopment, slum rehabilitation, and affordable housing to transform the urban landscape.