A recent NISE report finds that India could generate 3,343 GWp of power through ground-mounted solar PV across 27,571 sq km of wasteland, a significant rise from the 2014 estimate of 748.98 GWp. Western and southern states contribute the most, while northeastern and Himalayan regions have limited potential due to terrain and forest cover. Supported by government policies, India's installed solar capacity has crossed 100 GW. The study highlights that solar resources are abundant nationwide, challenging the belief that only a few states hold significant potential.Read more
NAREDCO Maharashtra entered into a landmark Memorandum of Understanding with 41 Channel Partner associations across the Mumbai Metropolitan Region for the upcoming Realtors Conclave, part of HOMETHON Property Expo 2025. Supported by Hiranandani Communities and Labdhi Lifestyle, this initiative unites over 35,000 channel partners, aims for INR 25,000 crore-plus in sales, and introduces a first-ever International Pavilion showcasing premium global real estate projects to Indian investors and buyers.Read more
Mumbai is witnessing one of its largest urban transformations, with redevelopment emerging as a central force behind the city's housing supply. Old cessed buildings and ageing societies are being replaced by modern high-rises that offer safety, sustainability, and lifestyle upgrades. Policy incentives, developer interest, and strong demand are driving projects across South Mumbai, Central areas, and the suburbs, despite regulatory hurdles, rising costs, and civic pressures. Experts underline that transparency, discipline, and timely execution are key to building trust and unlocking value.Read more
NAREDCO Maharashtra has announced the fourth edition of the Homethon Property Expo, scheduled to be held later this week at the Jio World Convention Centre, BKC, Mumbai. With more than 50,000 registrations already recorded, the event is expected to see unprecedented participation. Featuring a newly introduced mascot, over 1,000 projects, exclusive financing schemes, and the concurrent Real Estate Forum, the expo is positioned as a key platform for developers, policymakers, and buyers alike.Read more
Housing sales in India's top nine cities fell 4% year-on-year last quarter to 1,00,370 units, marking the tenth straight decline, according to PropEquity. New launches remained muted at 92,229 units-flat annually but down 10% quarter-on-quarter. Maharashtra markets, including Mumbai, Navi Mumbai, Thane and Pune, drove the contraction with drops of 6-28%, though Pune still led with 17,762 units sold. Bengaluru saw sales rise 21%, while Chennai and Kolkata posted 16% and 25% growth. Launches surged in Kolkata (173%) but slumped in Delhi-NCR and Chennai. PropEquity expects about 4 lakh launches and 4.5 lakh sales for the year, with festive demand likely to drive recovery.Read more
India has ranked first globally in Cushman & Wakefield's Global Trends in Flexible Office 2025 report, scoring a perfect 100 on the maturity index for co-working and flexible offices. This places it ahead of the UK (98), France (97), the US (81), and Singapore and Japan (77). India's flexible office stock stands at 79.7 million sq ft across major cities, expected to surpass 100 million sq ft by 2026, making it Asia-Pacific's largest market. Experts note that corporates and global capability centres are driving demand for scalable, cost-efficient solutions. With more operators going public and consolidation expected, India's flex sector is set for sustained, transparent growth.Read more
The National Highways Authority of India (NHAI) is expected to generate between INR 35,000 crore and INR 40,000 crore in the fiscal year 2025-26 through the monetisation of road assets, according to ICRA. This projection surpasses the INR 30,000 crore target set for the year. The funds are anticipated to come from Toll-Operate-Transfer (TOT) and Infrastructure Investment Trust (InvIT) mechanisms, contributing to a cumulative total of approximately INR 1.3 lakh crore since FY2019.Read more
Kolkata's residential property market registered 6,196 sales in August, a 15 percent increase from a year ago and 33 percent higher compared to July. Both new sales and resale transactions contributed to this rise. From January to August, registrations touched 41,440 units, up 37 percent from the same period last year. According to Knight Frank India, the demand is being supported by preference for larger homes, improving connectivity, and easier financing options. Analysts expect the growth trend to continue through the festive period and the rest of 2025.Read more
Deloitte's recent report projects that India's residential construction sector will grow to USD 350 billion by 2030, fueled by urbanization, rising incomes, and government policies. Key growth areas include building materials, consumer electricals, home furniture and decor, home security, paints and construction chemicals, and flooring. Branded products, digital awareness, and energy-efficient trends are expected to further drive growth. The report highlights the potential of tier-2 and tier-3 cities in shaping the future of India's residential construction market.Read more
CREDAI, the apex body of real estate developers with over 13,000 members, has released its "National Real Estate Development Framework Vision 2047" during its annual conference in Singapore. The plan sets out nine focus areas including land reforms, affordable housing through land banks, development of 100 new cities, easier and faster building approvals, rationalised charges, and dedicated infrastructure funding. It also highlights slum redevelopment, promotion of green buildings, adoption of new technology, skilling and labour welfare, and climate-resilient urban planning. The framework calls for phased implementation with strong oversight at both national and state levels.Read more