With the current date marking the final days before the process unfolds, interested parties are urged to prepare for online submissions. These plots, located in high-potential areas such as Ghansoli, Kharghar, and Panvel, promise robust returns amid the region’s 7-10% annual property appreciation. The leasehold offerings, initially for 30 years with freehold conversion options per CIDCO’s July 2025 policy, exclude additional fees like transfer charges, making them attractive for long-term planning.

Auction Timeline and Participation Essentials

To maintain transparency, CIDCO has outlined a precise schedule. Applications and document submissions open on December 1, 2025, at 11:00 AM and close on December 23, 2025. The e-tender window for close bids begins December 2, 2025, at 11:00 AM, running until December 22, 2025, with EMD payments starting at ₹28,500 (plus GST). The main e-auction event is set for December 23, 2025, from 11:00 AM to 5:00 PM, requiring an EMD of ₹1,200 (plus GST). Results will be declared on December 24, 2025, at 3:00 PM.

A document fee of ₹2,500 (plus GST) must be paid by December 1, 2025, to access the scheme booklet and plot details. All processes are digital, hosted on https://eauction.cidcoindia.com/, ensuring ease for remote bidders. Plot sizes vary—from compact 33×33 sq ft bungalow sites to expansive warehouse parcels—with base prices tailored to location and utility, excluding GST, taxes, and rents.

Varied Plot Types Catering to Diverse Needs

The 20 plots offer versatility: residential options for family homes and gated communities; commercial spaces ideal for retail and offices; luxurious bungalows in green pockets; service industry zones for light manufacturing; and warehouses/storage facilities optimized for logistics near key highways and the upcoming airport. This mix addresses the surging demand in Navi Mumbai, where industrial growth is projected to add 50,000 jobs by 2027.

Experts view this as a timely release. As Manohar Shroff, Senior Vice President of CREDAI-MCHI Navi Mumbai, commented on comparable schemes, “Plots in developing nodes like these will attract strong bidding due to their strategic positioning.” Recent CIDCO auctions, including a record ₹2,125 crore sale in Kharghar in November 2025, underscore the market’s vigor, generating revenue while spurring construction and employment.

Residential buyers can leverage PMAY subsidies up to ₹2.5 lakh, slashing costs by 20-30%, while commercial and industrial plots enjoy FSI up to 2.0 for vertical growth. A three-month cooling-off period post-submission applies, with EMD forfeiture for withdrawals.

Steps to Bid and Secure Your Plot

Begin by visiting the CIDCO portal on December 1, 2025, to download the booklet. Register with KYC documents, pay the fee, and review specifics like reserve prices and zoning. For assistance, reach the Marketing Manager (Commercial) at CIDCO’s Belapur office: Third Floor, Raiwadi, CBD Belapur, Navi Mumbai (Helpline: 022-20871184 or 07313668393;

As Navi Mumbai evolves into Maharashtra’s economic powerhouse, this auction—part of quarterly events potentially releasing over 100 plots in 2026—presents a gateway to sustainable investments. With infrastructure like the Mumbai-Pune Expressway enhancing accessibility, these plots blend residential charm with commercial promise, solidifying the city’s appeal.

Also Read: CIDCO Announces First-Ever Housing Scheme on First-Come, First-Served Basis for 4,508 Homes

The post CIDCO Puts 20 Plots Up for Auction in Navi Mumbai: Includes Bungalows and Warehouses for Lease appeared first on Square Feat India.

The report highlights a growing demand for purpose-built, wellness-focused senior housing, driven by shifting family dynamics, rising financial independence among seniors, and a demand for autonomy and dignity in retirement. Currently valued at USD 1–2 billion, India’s senior living sector remains nascent but is gaining traction with rising interest from developers, healthcare players, and private equity investors.

Key Findings:

• Independent living models dominate the market with a 90–95% share, while assisted living is slowly expanding.
• Monthly rentals for senior living homes range from ₹25,000 to ₹1 lakh, with outright prices in metros exceeding ₹2 crore.
• Non-metro cities like Coimbatore, Vadodara, and Mysore are emerging hotspots, with 34% of new projects located outside Tier-1 cities.
• Design innovations include biophilic architecture, tech-enabled care, and intergenerational community engagement.

“India has a once-in-a-generation opportunity to redefine ageing as a period of growth and connection,” the report states, calling for policy reforms such as GST relief, subsidised loans, and formal PPP frameworks to make senior housing more inclusive and affordable.

Recent investments from players like Max India, Gruhas, and Columbia Pacific underscore rising investor confidence, while projects like “Advait” in Gurugram set new benchmarks in luxury, sustainability, and care integration.

Savills concludes that India must act swiftly to build a resilient, empathetic senior living ecosystem—“not as a challenge to solve, but a future to design.”

Also Read: Senior Living with over 65% projects South India leads

The post India’s Silver Surge: Senior Living Market Poised for USD 8.4 Billion Investment by 2030 appeared first on Square Feat India.

Developers Revive Flexible Payment Plans

Among the recent examples of this trend is a new payment plan introduced at Chandak Highscape City in Chembur (E), Mumbai. The Chandak Group has announced a scheme allowing buyers to secure a home with just a 5% initial payment, with the remaining balance payable upon terrace slab completion.

Located in Chembur, a rapidly developing hub known for its excellent connectivity and infrastructure, the project features 1, 2, and 3 BHK apartments along with over 45 amenities designed to enhance urban living. A spokesperson from Chandak Group highlighted the reasoning behind the scheme, stating, “At Chandak Group, we understand the aspirations of homebuyers and aim to make homeownership more accessible. This payment plan ensures minimal financial burden initially while allowing buyers to plan their investments smartly.”

A Growing Trend in the Real Estate Market

The revival of such payment schemes isn’t limited to a single project. Many developers across India are reintroducing flexible payment plans to encourage property purchases amid evolving economic conditions. Traditionally, buyers were expected to make substantial down payments and follow a construction-linked payment structure, which often led to financial strain. By allowing buyers to defer payments until the completion of key construction milestones, builders are making homeownership a more viable option.

Real estate analysts predict that more developers will adopt this approach in the coming months, especially in cities like Mumbai, Pune, Bengaluru, and Delhi-NCR, where high property prices often pose a challenge for buyers. The move aligns with the market’s demand for greater affordability and investment-friendly schemes.

Benefits for Homebuyers

The “Pay 5% Now, Rest on Completion” scheme offers multiple advantages:

• Reduced Initial Financial Burden – Homebuyers can secure a property with a minimal upfront payment, allowing them to plan their finances better.
• Increased Affordability – Buyers who may have been hesitant due to high initial costs can now enter the market.
• Lower Risk – Payments being tied to construction milestones provide reassurance that funds are being utilized as per progress.
• Better Investment Opportunities – Such schemes attract investors looking for lucrative returns without immediate financial commitment.

Future Outlook

With homebuyer sentiment improving and demand for housing steadily rising, developers are expected to continue offering such attractive payment plans. As economic uncertainties persist, initiatives like these provide a much-needed boost to the real estate sector, fostering confidence among buyers and stimulating property sales.

For those looking to invest in Mumbai’s premium real estate market, flexible payment plans like these could offer an accessible entry point. With increasing interest in buyer-friendly schemes, the return of “Pay 5% Now, Rest on Completion” offers signals a buyer-centric shift in India’s real estate landscape.

SFI Analysis

The resurgence of flexible payment schemes reflects the evolving dynamics of India’s real estate sector. While these plans help developers attract buyers in a competitive market, they also provide significant advantages for homebuyers, especially first-time investors and middle-income families. However, buyers must assess project credibility, developer track record, and financial planning before committing to such schemes.

Additionally, while deferred payment models make homeownership more accessible, they may pose risks for developers, particularly in times of economic downturn. Ensuring robust financial planning and regulatory safeguards will be essential to sustain the effectiveness of these offers. Overall, the trend signals a positive shift towards a more inclusive and buyer-friendly real estate market in India.

Also Read: Developer Offers 4 Flats in Festive Lucky Draw

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Rising Demand for Smaller Luxury Homes

Real estate analysts say the demand for smaller luxury apartments in premium locations is being fueled by young professionals, small business owners, and nuclear families looking for high-end living without the space requirements of larger homes.

“Buyers today are prioritizing location, design, and amenities over size. The need for well-connected luxury residencesis growing, particularly in central locations like Dadar and Shivaji Park,” said a property consultant tracking South Mumbai’s residential market.

Viyaara Realty’s Altiora project is expected to be one of the first in the city to offer 1 and 2 BHK residences with a 10.5 ft floor-to-floor height, a feature usually found in 4 and 5 BHK apartments.

Project Details and Market Positioning

The 85,000 sq. ft. project will include 1 BHK units (445 sq. ft.) and 2 BHK units (650 & 720 sq. ft.), with pricing ranging from ₹2 crore to ₹4 crore. The residences will feature views of the western waterfront and Eastern Bay (Nava Sheva), along with amenities such as a gym, multipurpose hall, and designated parking spaces.

“Dadar and Shivaji Park remain some of the most sought-after residential areas in Mumbai due to their connectivity and social infrastructure. With transport networks like the Worli Sea Link and the upcoming Mumbai Coastal Road, access to key business districts has improved significantly,” said Manoj Paliwal, Director, Viyaara Realty.

Shifting Trends in Mumbai’s High-End Housing Market

Luxury housing in Mumbai has traditionally been associated with spacious 4 and 5 BHK apartments, but developers are now focusing on smaller premium homes in prime locations.

“Affordability within luxury housing is becoming a factor, and buyers are opting for compact but well-locatedapartments instead of moving to larger homes in less central areas,” said a real estate market analyst.

Altiora is scheduled for completion by 2029, with its registration under MahaRERA ensuring regulatory oversight. Industry experts believe that as housing preferences evolve, more developers may follow this compact luxury model in Mumbai’s high-demand areas.

Also Read: Builders fear delay in projects because of Coronavirus

The post Viyaara Realty Plans ₹50 Crore Residential Project in Dadar appeared first on Square Feat India.

Knowledge Realty Trust (KRT) – Key Highlights

• Sponsors: Sattva and Blackstone
• Portfolio Size: 48 million sq. ft. (37 million sq. ft. completed) across 30 Grade A office assets in six cities
• Market Strength: 95% of the portfolio’s value is concentrated in India’s top three office markets – Bengaluru, Hyderabad, and Mumbai
• Largest REIT in India by Net Operating Income (NOI) and Gross Asset Value (GAV)
• Second Largest in Asia by leasable area
• High-Quality Occupancy: 90% leased to marquee tenants, including 76% MNCs and 45% Global Capability Centers (GCCs)

Key Assets in the Portfolio

• Sattva Knowledge City: 7.3 million sq. ft.
• Sattva Knowledge Park: 3.3 million sq. ft.
• One BKC: 0.7 million sq. ft.
• Image Tower: A 400-foot-tall business park under construction in Hyderabad, developed under a Public-Private Partnership (PPP) with the Telangana government
• Sattva Global City: 12.3 million sq. ft. spanning 71.2 acres
• One International Centre: 1.8 million sq. ft.
• One Unity Centre: 1.0 million sq. ft.
• One World Centre: 1.7 million sq. ft.
• Cessna Business Park: 4.2 million sq. ft.
• Sattva Softzone: 1.0 million sq. ft.

Financial Strength & Market Position

• NOI Growth: Projected 18% CAGR (FY25-27)
• MTM Potential: 15% upside
• Low Loan-to-Value (LTV) Ratio with a robust Right of First Offer (ROFO) pipeline, including 7 million sq. ft. across four identified assets
• WALE: 8.6 years, ensuring long-term lease stability
• Sustainability Focus: 63MW solar power, green-certified buildings, waste recycling initiatives, and energy-efficient infrastructure

Blackstone’s Continued Confidence in India

Following its success with Embassy, Mindspace, and Nexus REITs, this will be Blackstone’s fifth public listing in India, reinforcing its long-term commitment to the country’s commercial real estate sector.

Sattva Group’s Market Legacy

Sattva Developers Private Limited has been a prominent player in India’s real estate industry for over three decades. With 74 million sq. ft. of completed projects across seven cities and an additional 75 million sq. ft. under planning, the group has earned accolades such as the ET Best Realty Brand 2024 and IGBC Green Champion Award. The company also boasts an upgraded CRISIL ‘A+/Stable’ rating since 2022.

India’s Strong Office Market Fundamentals

• Fastest-growing major economy with stable interest rates
• Global Capability Center (GCC) hub: India holds a 58% share in the global outsourcing market
• Competitive Edge: Cost arbitrage, STEM talent pool, and a skilled, English-speaking workforce
• Grade A Office Demand: Expected to outpace supply, with 82 million sq. ft. in demand projected for CY24

Key Personnel Leading the IPO

• CEO: Shirish Godbole (Former Morgan Stanley, Goldman Sachs)
• COO: Quaiser Parvez (Former CEO, Nucleus Office Parks)
• Sponsor Board Members:
  • Blackstone: Tuhin Parikh
  • Sattva Group: Bijay Agarwal, Shivam Agarwal

The KRT IPO is set to redefine India’s REIT landscape, offering investors a diversified and high-quality office asset portfolio backed by two of the most trusted names in real estate. The proposed REIT listing is expected to attract strong institutional interest and further solidify India’s position as a global hub for commercial real estate investments.

Also Read: Arkade Developers Raises ₹122.40 Crore Ahead of IPO

The post Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO appeared first on Square Feat India.

According to JLL India, the nation’s combined warehouse absorption across 20 major markets hit an all-time high of 60 million sq. ft. in 2024. Notably, Grade A spaces constitute around 30% of the total inventory in these emerging Tier II-III cities.

Tier II-III Cities Leading the Charge

The expansion of the warehousing market in emerging cities is driven by several factors, including the surge in e-commerce, rising demand for fulfillment centers, and infrastructure development. As companies seek to reduce logistics costs and enhance delivery speed, they are increasingly establishing warehouses in these cities.

Key data from JLL India’s report highlights the warehousing stock distribution and growth in Tier I and Tier II-III cities:

Regional Growth Trends

The report categorizes growth trends in emerging warehousing cities across India:

East India

• Total Stock: 22.8 million sq. ft. (6x growth since 2017)
• Key Markets: Bhubaneswar-Cuttack (5.6 million sq. ft.), Guwahati (8.0 million sq. ft.), Patna (9.2 million sq. ft.)

North India

• Total Stock: 35.6 million sq. ft. (4x growth since 2017)
• Key Markets: Chandigarh-Rajpura (14.1 million sq. ft.), Jaipur (6.0 million sq. ft.), Lucknow (8.5 million sq. ft.), Ludhiana (7.0 million sq. ft.)

South India

• Total Stock: 15.2 million sq. ft. (3x growth since 2017)
• Key Markets: Coimbatore (6.6 million sq. ft.), Kochi (8.6 million sq. ft.)

West India

• Total Stock: 21.2 million sq. ft. (3x growth since 2017)
• Key Markets: Goa (6.7 million sq. ft.), Nagpur (13.0 million sq. ft.), Nashik (1.5 million sq. ft.)

Industry Experts Weigh In

Yogesh Shevade, Head – Logistics & Industrial, India, JLL, emphasized the rapid growth of the warehousing sector in emerging cities. “Since the implementation of GST, the Indian warehousing market has expanded significantly in major cities. Now, the hub-and-spoke model is playing a critical role in spreading this growth to Tier II-III cities. In 2024, these cities accounted for nearly 100 million sq. ft. of stock, marking a fourfold increase since 2017. We anticipate continued expansion, fueled by infrastructure initiatives connecting these cities to major consumption hubs. This transformation is creating new investment opportunities for both investors and developers.”

Government Initiatives Fueling Growth

The expansion of warehousing in emerging cities is strongly supported by government initiatives such as PM Gati Shakti, Bharatmala, Sagarmala, and the UDAN Scheme. These programs are optimizing distribution networks and improving connectivity. Additionally, policies like Make in India, Digital India, and the National Logistics Policy are fostering a robust manufacturing ecosystem. Production-Linked Incentives (PLI) and Design-Linked Incentives (DLI) schemes are also encouraging companies to set up manufacturing units in these cities, further driving the need for high-quality warehousing infrastructure.

JLL’s Report Launched at LogiMAT India 2025

The findings were unveiled in “The Shifting Landscape of Warehouse Markets Report,” presented by JLL at LogiMAT India 2025 in Mumbai. The event, held at the Bombay Exhibition Centre, saw participation from key industry leaders, including Dr. P. Anbalagan (IAS), Secretary of the Industries Department, Government of Maharashtra, and Aditya Gupta, CEO of Messe Stuttgart India.

Aditya Gupta remarked, “This report by JLL aims to bridge the gap in India’s logistics and warehousing sector by highlighting the growing prominence of Tier II-III cities as new warehousing hubs. I believe this report will inspire discussions and strategic collaborations that will drive the industry forward.”

Conclusion

The rise of Tier II-III cities as warehousing hubs is redefining India’s logistics landscape. As businesses optimize their supply chains and enhance delivery efficiencies, the sector is poised for sustained growth. With continued investments in infrastructure and policy support, these cities are set to play a crucial role in the future of warehousing in India.

Also Read: India’s tallest warehouse

The post Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution appeared first on Square Feat India.

The metro extension, which will be constructed at an estimated cost of ₹5,452.72 crore, will be funded jointly by the central and state governments. The central government will contribute ₹869.19 crore, while the Haryana government will provide ₹4,556.53 crore. This significant investment highlights the commitment to enhancing public transport systems in Gurugram, a city that has seen rapid growth in both population and commercial activity.

Real estate experts are already predicting a surge in demand for both residential and commercial properties in areas near the new metro stations. Parvinder Singh, CEO of Trident Realty, called the metro extension a “transformative development” that will drive real estate growth in the region. “As connectivity improves, we expect interest from homebuyers and investors to rise significantly, particularly in areas close to the new metro stations,” he said. Singh also noted that the improved infrastructure will enhance quality of life and offer promising investment opportunities.

The new metro line, which will operate on a standard gauge, is expected to reduce traffic congestion and travel times, making Gurugram an even more attractive location for businesses and residents. The enhanced connectivity is likely to boost real estate demand, particularly for premium office spaces, retail outlets, and mixed-use developments along the metro route.

Ashish Sharma, AVP of Operations at Brahma Group, emphasized that the metro extension would revolutionize connectivity across the city. “This 28.5 km corridor with 27 stations will drastically reduce travel time, making it easier for both residents and businesses to access key hubs like Millennium City Centre, Cyber City, and Sector-22,” he said. Sharma believes the metro will also drive demand for commercial properties, further elevating Gurugram’s status as a global city.

Real estate developers are closely watching the project’s progress, anticipating that proximity to metro stations will result in higher property values. The metro extension is expected to spur new residential and commercial developments, presenting significant investment opportunities in Gurugram’s real estate market.

Manish Jaiswal, Group COO of Eldeco Group, welcomed the announcement, highlighting the metro’s potential to improve accessibility in areas like Sector 80, which is already well-connected to major junctions such as Hero Honda Chowk. “This expansion will not only ease commuting but also unlock immense opportunities for real estate development in surrounding areas,” he said.

The Gurugram Metro extension is set to be a game-changer, offering improved infrastructure that will benefit both residents and businesses. As the project progresses, it is expected to transform Gurugram into a smarter, more connected city, with enhanced quality of life and new economic opportunities.

Also Read: Tulip Infratech resurrects stuck Gurugram project

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India plans to invest over INR 143 lakh crores in infrastructure by 2030, with the bulk of this expenditure focused on urban clusters. Key infrastructure projects include second airports, high-speed rail corridors, metro connectivity, and new IT and datacenter zones. These projects are driving urban development and transforming peripheral regions into thriving new hubs.

Key Infrastructure Projects Fueling Urban Growth

Several major infrastructure projects are already shaping the future of satellite townships:

Mumbai Trans-Harbour Link (MTHL):
Operational since 2024, MTHL is India’s longest sea bridge, connecting Mumbai and Navi Mumbai. The bridge has reduced travel time from two hours to just 30 minutes, enhancing access to key highways and boosting growth in areas like Uran, Talegaon, Panvel, and Kharghar. As a result, land prices in these regions have appreciated nearly 2.3 times between 2020 and 2024, from INR 1,200 to INR 2,250 per sq. ft.

Bangalore Kempegowda International Airport:
This airport, already India’s third busiest, is set to expand with the upcoming Terminal 2 in 2024. The airport’s development has spurred the growth of North Bangalore, with land prices in areas like Devanahalli, Chikkaballapur, and Hebbal increasing nearly 2.5 times from INR 1,800 to INR 4,500 per sq. ft. The creation of integrated townships such as BIAL, STRR, and Aerotropolis is further accelerating this trend.

Navi Mumbai Airport & NAINA:
Under construction and slated for completion in 2025, Navi Mumbai International Airport will feature multi-modal transport connectivity, enhancing access to the city and surrounding regions. The airport will be surrounded by the NAINA (Navi Mumbai Airport Influence Notified Area), which is expected to drive a nearly 3.9 times increase in land prices from INR 4,200 to INR 16,200 per sq. ft. by 2030. This development is poised to make the area a significant new urban hub, often referred to as the “Third Mumbai.”

Jewar Airport (NCR):
The upcoming Jewar airport, set to open in 2025, is a major catalyst for urbanization in Uttar Pradesh. Located along the Yamuna Expressway, it connects Delhi, Noida, and Agra, and has already contributed to a land price increase of 1.4 times in the past five years, from INR 5,000 to INR 7,000 per sq. ft.

Chennai Peripheral Ring Road:
Expected to complete by 2025, this 132-km highway will ease congestion around Chennai and fuel the growth of satellite towns like Sriperumbudur and Singaperumalkoil. Land prices in these areas have risen by 1.5 times from INR 2,500 to INR 3,800 per sq. ft. in the last five years, with further growth anticipated due to upcoming developments like the Fintech City and proposed Greenfield Airport at Parandur.

Emerging Investment Opportunities

According to Colliers India, investors should focus on rapidly expanding micro-markets with high land price appreciation. Areas such as Khopoli in Maharashtra, located just 45 minutes from Navi Mumbai, are expected to see land prices increase 3.9 times, from INR 4,200 to INR 16,200 per sq. ft., over the next five years. Other regions, like Sanad in Gujarat and Sonipat in Haryana, are also expected to see substantial price increases of up to 3.3 times and 3.0 times, respectively.

These developments are not only creating significant investment opportunities but are also fostering new residential and commercial growth. As infrastructure continues to improve, locations like Khopoli are becoming highly attractive due to their proximity to Mumbai, affordable land prices, and enhanced connectivity via projects like the upcoming Navi Mumbai International Airport.

Swapnil Anil, Managing Director of Advisory Services at Colliers India, advises investors to consider these growing satellite townships as high-return opportunities. “The combination of strategic infrastructure investments, proximity to key urban nodes, and affordable land prices makes these emerging markets prime for both residential and commercial real estate investment,” he said.

Conclusion

With India’s urbanization at a tipping point and infrastructure development accelerating, satellite townships are becoming the focal point of growth. Areas near major infrastructure projects are seeing dramatic increases in land prices, making them attractive prospects for real estate investors. As these regions continue to develop, they are set to emerge as critical urban hubs in the coming decade, offering investors high returns and numerous growth opportunities.

Also Read: Mumbai Coastal Road to be a catalyst for real estate growth in Western Suburbs

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Prashant Sharma, President, NAREDCO Maharashtra
“The real estate sector in Maharashtra looks forward to proactive governance that fosters growth and investment. Our key expectations from the new government include faster clearances for real estate projects, an improved ease of doing business environment, and policies that promote affordable housing. A collaborative approach between the government and industry stakeholders can not only streamline development processes but also ensure that the state remains a leader in infrastructure and housing innovation.”

Kuldeep Jain, Founder & CEO, Build Capital
“As Maharashtra ushers in a new government, the focus should be on driving economic growth through streamlined approvals and transparent regulations. A balanced policy framework that promotes development while ensuring sustainability is crucial. Addressing delays in environmental and regulatory clearances is essential. Implementing a timeline-driven clearance policy and a unified one-window system will reduce bottlenecks, enhance transparency, and instill confidence among developers and financial institutions. This will pave the way for innovative financing solutions, benefiting both developers and homebuyers. Infrastructure-led growth corridors must be prioritized to unlock emerging markets, boost connectivity, and attract private equity investments, positioning Maharashtra as a key economic driver. A progressive and transparent regulatory framework will ensure sustainable growth and solidify the state’s reputation as a premier investment destination. The new leadership must act decisively to secure Maharashtra’s prosperous future.”

Vikas Sutaria, Founder, Iraah Lifespaces
“Maharashtra’s real estate sector requires a forward-thinking government that recognizes the potential of luxury and second-home markets. By focusing on infrastructure connectivity, especially in emerging regions like Alibaug and Lonavala, and introducing tax incentives for investments in premium projects, the state can attract high-net-worth individuals and investors. Streamlining policies for sustainable and luxury developments will create a more robust real estate ecosystem.”

Anil Mutha, Chief Visionary & Co-Founder, Nandivardhan Group
“With the new government in Maharashtra, the real estate sector stands at the brink of transformative growth. Streamlined regulatory processes to expedite project approvals will accelerate the construction cycle, creating benefits for both developers and homebuyers. Prioritizing infrastructure development in connectivity and utilities is vital for unlocking the potential of emerging real estate markets. Enhanced infrastructure will not only attract investments but also improve living standards across the state. Additionally, fiscal incentives such as reduced stamp duty and tax benefits could play a pivotal role in revitalizing buyer sentiment. A strong, collaborative dialogue between the government and industry stakeholders is essential to address persistent challenges and realize the sector’s immense potential. We remain optimistic about bold actions that will fulfill housing aspirations, elevate living conditions, and contribute significantly to Maharashtra’s economic growth.”

Samyak Jain, Director, Siddha Group
“The real estate sector in Maharashtra anticipates a new government that prioritizes sustainable growth through faster project approvals, streamlined RERA compliances, and enhanced connectivity to boost infrastructure development. Additionally, incentivizing affordable housing, reducing development costs, and ensuring a transparent regulatory environment will position Maharashtra as a leader in creating holistic urban spaces and driving future growth.”

Shraddha Kedia-Agarwal, Director, Transcon Developers
“As industry stakeholders, we anticipate a government that champions reform and efficiency. We urge the new leadership to focus on single-window clearance systems, rationalization of stamp duty, and innovative financial support for developers. Strengthening infrastructure around growth corridors and supporting sustainable urban development will also catalyze sectoral growth.”

Vedanshu Kedia, Director, Prescon Group
“The new government must prioritize urban regeneration, particularly slum rehabilitation and redevelopment projects along with city/town beautification projects, which are crucial for a city like Mumbai. Additionally, fostering an investment-friendly ecosystem through regulatory consistency and infrastructure upgrades will drive the growth of the sector and enhance Maharashtra’s real estate appeal.”

Rohan Khatau, Director, CCI Projects
“Our primary expectation from the new government is to create a policy framework that simplifies regulatory processes and fosters confidence among developers and homebuyers alike. Reducing the tax burden, including stamp duty and GST, and ensuring smoother project execution can unlock the potential of the real estate sector, making Maharashtra a global investment hub.”

Govind Krishnan Muthukumar, Managing Director & Co-Founder, Tridhaatu Realty
“The new government must prioritize policy frameworks that streamline key initiatives, particularly in urban centers like Mumbai. Addressing bottlenecks in approvals and introducing incentives for redevelopment will not only rejuvenate aging infrastructure but also create much-needed housing. Additionally, the government’s focus should be on fostering public-private partnerships that ensure timely execution of urban regeneration projects while maintaining sustainability at the core.”

Himanshu Jain, VP – Sales, Marketing & CRM, Satellite Developers Private Limited (SDPL)
“The real estate sector looks forward to the new government focusing on holistic urban planning and infrastructure upgradation. Policies that address challenges like approval delays, high financing costs, and project execution bottlenecks can transform the state into a real estate powerhouse. The introduction of single-window clearances, along with reforms in taxation such as reduced GST and stamp duty, will greatly enhance the ease of doing business.”

Deepak Nair, COO & Co-Founder, The Mentors Real Estate Advisory Pvt. Ltd.
“We hope the new government will adopt a consultative and industry-inclusive approach to policy making. Simplifying regulatory compliance, promoting ease of doing business, and reducing approval timelines can significantly accelerate real estate development. Moreover, introducing measures to encourage foreign investments and infrastructure development around key urban hubs will elevate Maharashtra’s real estate sector to global standards.”

Also Read: Residential Market Sees Growth in Sales and Value, Led by Luxury Segment in Q3 2024

The post Maharashtra’s Property Market Eyes Major Reforms With Formation of the New Government appeared first on Square Feat India.

Situated within the expansive 200+ acre Wadhwa Wise City, ‘Evara’ offers residents the perfect balance of serene living and connectivity to key urban centers like Navi Mumbai and Mumbai. Set against the backdrop of lush, tropical greenery, the development is designed for those seeking a tranquil escape, yet with easy access to vibrant retail plazas, shopping malls, high streets, and a world-class sports complex. Residents will enjoy the benefits of living amidst 53,000 acres of greenery, with 70% open spaces and superior air quality.

Mr. Sandeep Sonthalia, CEO of Wadhwa Wise City, said, “We are delighted to introduce ‘Evara,’ our most exclusive signature villa plot offering yet. This development combines luxury with tranquility, providing an ideal retreat away from the city while maintaining excellent connectivity to surrounding areas. The abundant green spaces, exceptional air quality, and proximity to top educational and healthcare facilities further enhance the living experience. With excellent long-term growth potential, ‘Evara’ is set to be a sought-after investment for those seeking both serenity and convenience.”

The development is conveniently located just 20-30 minutes from Orion Mall, the Golf Course, Adlabs Imagica, and Della Adventure Park. Leading educational institutions, including St. Wilfred’s School, Delhi Public School, and DAV Public School, as well as top healthcare facilities like Lifeline Hospital, DY Patil Hospital, and Fortis Hospital, are within 5-15 minutes’ reach.

Panvel, often referred to as Mumbai 3.0, is undergoing rapid infrastructural transformation and is fast becoming a prime location for quality living spaces and high-value investment opportunities. Its strategic location offers seamless connectivity to important landmarks, with the Mumbai Trans Harbour Link (Atal Setu), Mumbai-Pune Expressway, Mohape Railway Station, and Panvel Railway Station all within 10-20 minutes.

With its superior design, prime location, and promising growth prospects, ‘Evara’ is poised to be a highly sought-after investment for discerning buyers.

Also Read: India’s biggest Realty Deal Worth ₹601 Cr between Jhunjhunwala & Wadhwa

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