11 Jun 2025

A recent Anarock report reveals that the average loading factor in Indian apartments has surged to nearly 40% in early 2025, up from 31% in 2019. The loading percentage represents the difference between the super-built-up area and actual carpet area, with buyers now receiving only about 60% of usable space. Cities like MMR (43%), Bengaluru (41%), and Delhi-NCR (41%) show the sharpest increases. The rise is driven by demand for lifestyle amenities-clubhouses, gyms, terraces-especially among millennial buyers. While RERA mandates disclosure of carpet area, there is no cap on loading, allowing developers to package extensive common facilities into projects. Experts note this shift reflects evolving buyer preferences focused on community living and wellness. However, the widening gap between livable and super-built-up space calls for greater transparency and potential regulation to ensure balanced value for homebuyers.Read more

11 Jun 2025

India's leading listed real estate companies experienced significant growth in property sales bookings during the past fiscal year, crossing INR 1.62 lakh crore collectively-a rise of over 20% compared to the previous year. Godrej Properties led the pack with nearly INR 30,000 crore in pre-sales, followed by market heavyweight DLF Ltd and other prominent developers like Macrotech Developers and Prestige Estates. The residential segment, especially luxury homes, dominated sales, while commercial properties contributed modestly. Market analysts attributed this strong performance to growing consumer preference for established, reputable developers amid concerns over stalled housing projects.Read more

10 Jun 2025

The Patna Metro Rail Project is progressing well, with the priority corridor between Patna Junction and ISBT nearing completion. Bihar Urban Development Minister Jibesh Kumar recently inspected key sites, including the ISBT metro station and depot, and expressed satisfaction with the project's pace and quality. The 6.6-km priority corridor features five elevated stations: Malahi Pakri, Khemnichak (interchange), Bhoothnath, Zero Mile, and Patliputra ISBT. Inauguration is slated for August 15 this year. The ISBT depot, spanning 30.5 hectares, is being built at a cost of INR 142 crore and will support operations with maintenance facilities, a stabling yard, control centre, and sub-station. The Delhi Metro Rail Corporation (DMRC) is providing technical support. Once operational, the metro promises to improve urban mobility, offering Patna residents faster, safer, and eco-friendly transport options, marking a major step in Bihar's urban modernisation.Read more

10 Jun 2025

The Confederation of Real Estate Developers' Associations of India (CREDAI) has applauded the Reserve Bank of India's recent 50 basis points cut in the repo rate, describing it as a timely and courageous move aimed at stimulating demand in the housing market. With this latest step, the cumulative reduction now stands at 100 basis points over the past six months. CREDAI believes the decision will significantly improve buyer sentiment, especially in the mid-income and affordable segments, and enhance the financial viability of projects catering to this market. The move comes at a time when housing sales have shown a decline in major cities, indicating the need for strong policy support.Read more

09 Jun 2025

The fourth edition of Biznet, a B2B event hosted by CREDAI MCHI Thane, turned out to be a resounding success, drawing over 170 developers from the Mumbai Metropolitan Region (MMR) and more than 20 vendors. Held at TopTop Plaza in Thane West, the event aimed to foster collaboration between suppliers and developers, showcase emerging technologies, and generate business worth INR 100 crore-an ambitious target that was met. Purchase managers and key industry stakeholders used the platform to forge connections, sign MoUs, and discuss innovation in real estate.Read more

09 Jun 2025

In a decisive move to enhance transparency and homebuyer empowerment, MahaRERA has revamped its project registration certificate to include key project details in a reader-friendly bullet-point format. The new certificate now lists information such as total built-up area, number of buildings and floors, residential and non-residential units, and parking slots. It will also reflect future project updates like timeline extensions or ownership changes. This initiative, applicable to all new housing projects with immediate effect, is expected to significantly aid buyers in making informed decisions.Read more

09 Jun 2025

According to a recent Boston Consulting Group (BCG) report, merely 8% of Global Capability Centres (GCCs) have attained advanced maturity across innovation, operational efficiency, and competitive differentiation. India, along with the US and Mexico, was recognised for hosting some of the most balanced GCC ecosystems. The study spotlighted India's distinct advantage in scale, innovation, and efficiency. It stressed the urgent need for companies to treat GCCs not just as support units but as transformative engines of innovation, particularly through the strategic use of artificial intelligence, including GenAI and AI agents.Read more

09 Jun 2025

The Maharashtra State Road Development Corporation (MSRDC) has opened the final 76km stretch of the 701km-long Samruddhi Mahamarg, connecting Igatpuri in Nashik to Amane in Thane. With this final phase inaugurated last week, the expressway is now fully operational, reducing the travel time between Nagpur and Mumbai to just eight hours. The six-lane expressway, which cost approximately INR 55,000 crore, spans 10 districts and connects major economic hubs and tourist destinations, while also offering significant logistical advantages for farmers, pilgrims, and industries alike.Read more

06 Jun 2025

India plans to add 50 new airports over the next five years, Union Minister K Rammohan Naidu announced at IATA's annual meeting. The country now operates 162 airports, up from 74 in 2014, driven by initiatives like the UDAN scheme, which has launched 619 regional routes connecting tier-2 and tier-3 cities. The government also aims to make India a global Maintenance, Repair and Overhaul (MRO) hub, targeting USD 4 billion in MRO market value by 2031. Naidu called for global collaboration on sustainable aviation fuel (SAF) to decarbonise the sector. With India among the world's fastest-growing aviation markets, these expansion plans will strengthen domestic and international connectivity, boost industry partnerships, and promote greener air travel. The move signals a strong, future-forward vision for India's aviation sector.Read more

05 Jun 2025

Meerut has become India's first city to integrate Transit-Oriented Development (TOD) zones into its 2031 Master Plan, promoting high-density, mixed-use communities around the Namo Bharat and Meerut Metro corridors. The Meerut Development Authority (MEDA) has designated 3,273 hectares for TOD, with 2,442 hectares mapped across seven TOD zones and two Special Development Areas. A 300-hectare township will be auctioned to private developers to fund the initiative. In partnership with NCRTC, the project aligns TOD zones with transit hubs to boost connectivity and reduce vehicle dependence. The Uttar Pradesh government is supporting the plan with value capture financing through FSI sales and land monetization. Inspired by global models, Meerut's TOD strategy aims to foster sustainable urban growth, improve livability, and serve as a blueprint for future Indian cities embracing integrated transit and development.Read more