Investor Confidence Soars as Real Estate Leads AIF Investments in H1 FY25

India’s real estate sector led AIF investments in the first half of FY25, attracting ₹75,468 crore, signaling robust investor confidence. This growth is driven by strong demand, decreasing unsold inventory, and the increasing reliance on Category II AIFs to fund key real estate projects.

MahaRERA Recovers ₹200.23 Crore as Compensation for Homebuyers

MahaRERA has recovered Rs 200.23 crore in compensation for homebuyers, enhancing recovery efforts with the appointment of retired Tahsildars in Mumbai suburban and Pune. The authority is working to ensure developers meet compensation orders for delayed or incomplete real estate projects.

Ashwin Sheth Group Files FIR Against Reputed Developer Alleging ₹700 Crore Fraud

Ashwin Sheth Group has filed an FIR against a reputed real estate developer, accusing them of defrauding ₹51 crore in 2008. The case, now worth over ₹700 crore, highlights serious concerns about unethical practices and financial fraud in Mumbai’s real estate sector.

NAREDCO to Host Abu Dhabi Real Estate Conference 2024 with Ministry of Housing & Urban Affairs Support

The Abu Dhabi Real Estate Conference 2024, hosted by NAREDCO with support from the Ministry of Housing & Urban Affairs, will bring together leaders from India and the UAE to discuss innovation, sustainability, and investment opportunities in real estate, strengthening bilateral ties and promoting sustainable urban growth.

Will BJP’s Continued Rule Accelerate Slum Redevelopment in Mumbai?

With the BJP-led government re-elected in Maharashtra, industry leaders are optimistic that the continuity in leadership will accelerate Mumbai’s slum redevelopment projects. The focus on modernizing infrastructure and addressing the housing shortage is expected to drive significant economic growth and improve the city’s livability.