Developers of Four Associations Meet BMC Commissioner, Submit 34-Point Plan to Cut Delays, Lower Costs, and Speed Up Mumbai Homes

Four Mumbai real estate associations met BMC Commissioner to push 34 reforms: update EODB, auto-approvals, lower fees, stable policies—aiming to speed projects and ease homebuying burdens.

Homebuyers Rejoice: RBI’s 50 bps Rate Cut Lowers EMIs, Boosts Affordable Housing Prospects

In a significant move for homebuyers, the RBI has cut the repo rate by 50 bps to 5.5%, making home loans cheaper and boosting affordability in the affordable and mid-income housing segments. Developers and industry leaders welcome the decision, expecting renewed demand and faster project execution.