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As India's property sector continues to evolve, redevelopment is being seen as a key driver of value creation for homeowners. CREDAI MCHI Thane is preparing to host its Redevelopment Exhibition and Convention at the Raymond Trade Show Hall in Thane to help housing societies navigate the redevelopment process with greater ease. The event, scheduled for the coming week, aims to educate residents on how the revised FSI norms and policy changes can turn ageing structures into modern, high-value assets that enhance community living and long-term property worth.Read more
Omaxe Ltd. has appointed Indian women�s cricket team captain Harmanpreet Kaur as its brand ambassador, marking a significant step towards promoting sports-led development and youth empowerment. The collaboration highlights Omaxe�s long-term vision of creating world-class infrastructure that supports athletes and communities alike. The company�s latest initiatives, including The Omaxe State and BeTogether, align with its broader philosophy of combining lifestyle, commerce, and sports infrastructure to foster inclusive growth and local development.Read more
Hyderabad and Bengaluru dominate India's Global Capability Centre (GCC) landscape, holding about 70% of leadership positions, according to Quess Corp's India's GCC-IT Talent Trends 2025 report. Hyderabad led growth with a 42% rise in requisitions and a 6-8% pay premium, while Bengaluru remained the largest talent base. Chennai excelled in finance and control roles with 94% retention, and Pune gained traction in analytics. Tier II cities such as Kochi and Indore serve as secondary support hubs. The report highlighted a 50% talent gap in generative AI and major shortages in cloud and security skills. Despite strong demand, hiring delays persist, signalling a shift toward capability-driven growth across India's GCC ecosystem.Read more
Residential property sales across India's eight major cities rose slightly in the July-September quarter, reaching 96,827 units compared to 96,544 a year earlier, according to a Housing.com report by REA India. New housing launches also increased marginally to 94,419 units. REA India CEO Praveen Sharma said rising prices have dampened affordable housing demand, even as premium and high-end segments remain strong. He urged a dual focus on boosting affordable supply and improving buyer access. City-wise, Bengaluru, Chennai, and Kolkata recorded notable growth, while Delhi-NCR, Pune, and Mumbai saw declines. Overall, the sector showed steady momentum, with affordability remaining a key challenge.Read more
A joint report by CII and Colliers India has indicated that housing prices are expected to appreciate between 5% and 10% annually over the next few years, fuelled by rising incomes, urban migration, and the increasing demand for premium homes. The study also projects that annual housing sales could rise significantly, while the Indian real estate market is likely to expand from USD 0.3 trillion in 2025 to as much as USD 10 trillion by 2047, supported by rapid infrastructure growth and policy support.Read more
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CREDAI-MCHI Thane will host the Redevelopment Expo 2025, a two-day event dedicated to promoting redevelopment opportunities across Thane. Scheduled at the Raymond Trade Show Hall, the free-to-attend expo will connect housing societies with developers offering innovative rebuilding solutions. Visitors can explore developer portfolios at the showcase pavilion, join expert-led panel discussions, and access consultation zones for personalised guidance on project feasibility, timelines, and legalities. Advisory desks will also provide insights on RERA compliance and financing. Designed as a collaborative platform, the event aims to help societies make informed redevelopment decisions while strengthening Thane's urban renewal efforts.Read more
Housing prices in India's leading eight markets recorded a 7–19 per cent increase in the July–September quarter, reflecting strong buyer demand and improving infrastructure. Delhi-NCR led with a 19 per cent rise, driven by luxury property demand and upgraded connectivity. Bengaluru and Hyderabad saw double-digit growth, while cities like Chennai, Pune, and Kolkata recorded steady appreciation. Experts highlight that these trends indicate resilient market fundamentals, rising buyer confidence, and a focus on quality, lifestyle, and long-term value in residential real estate.Read more
Mumbai recorded around 11,200 property registrations during the past month, reflecting a 14% year-on-year dip, largely attributed to last year�s elevated festive base. According to Knight Frank India, stamp duty collections touched INR 1,004 crore, showing a 17% fall. Despite the decline, the city maintained over 11,000 registrations, highlighting persistent buyer confidence, particularly in the mid-income and western suburban segments, which continued to dominate the market share.Read more
The GRIHA Council is collaborating with housing finance companies to encourage environment-friendly construction practices by integrating green certification with home-loan access. At its 17th Summit in New Delhi, the council introduced two new frameworks: JAN GRIHA for affordable and sustainable housing and GRIHA Infrastructure Rating for Metro Stations, developed with Bangalore Metro Rail Corporation Ltd. (BMRCL). These initiatives support India's Net-Zero 2070 target and aim to bring sustainable building practice to grassroots levels and expand metro infrastructure.Read more
The Slum Rehabilitation Authority (SRA) has initiated a series of technology-driven reforms aimed at expediting slum rehabilitation projects across Mumbai. Led by CEO Dr Mahendra Kalyankar, the Authority introduced measures such as blockchain-based approval systems, AI chatbots, and multi-language portals to improve transparency and efficiency. Developers' associations including CREDAI MCHI, NAREDCO, BDA, and PEATA lauded the reforms, noting renewed optimism in the sector and the SRA's commitment to achieving a slum-free Mumbai.Read more
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