No More Patchwork Development: State Approves New Policy to Build Iconic, World-Class Townships

Maharashtra’s new policy ends fragmented construction and introduces a unified approach to build iconic, master-planned townships via a structured Construction & Development Operator model, strict timelines, and integrated design standards.

Mumbai, Pune to See ₹70,000 Cr Affordable Housing Push; 3.5 Million Homes Planned by 2030

Mumbai and Pune will see a housing revolution with INR 70,000 crore investment targeting 3.5 million affordable homes by 2030, according to a JLL–NAREDCO report. The blueprint highlights new growth corridors, policy incentives, and redevelopment to address the affordability crisis.

NAREDCO Submits Budget Recommendations to Boost Real Estate Sector

NAREDCO, has submitted detailed recommendations for the FY 2025-26 Union Budget. The proposals focus on increasing funding for affordable housing, granting infrastructure status to the housing sector, improving urban infrastructure, and expanding rental housing. NAREDCO also suggests tax reforms and incentives to boost demand and support sustainable growth in the real estate industry.

GCC Policy Impact on Residential Real Estate in Bengaluru

Bengaluru’s residential real estate is experiencing significant growth due to the expansion of Global Capability Centres (GCCs) driven by favorable state policies. As GCCs fuel commercial growth and create high-paying jobs, demand for upscale housing, smart homes, and co-living spaces is on the rise. With infrastructure projects like KWIN city, Bengaluru’s appeal as a prime real estate market continues to grow, making it a key hub for both global businesses and homeowners.