Rane At WCC 2025: Maharashtra’s 34% Share In Rs 47 Lakh Crore Budget Signals New Era For Indian Infrastructure
June 15, 2025: At a time when infrastructure and real estate are reshaping the urban fabric of India, the WOArchitect Career Conclave (WCC) 2025—India’s first dedicated career platform for architecture professionals—was inaugurated by Member of Parliament Narayan Rane at the NESCO Centre, Mumbai. Supported by CREDAI-MCHI, the event brought together more than 700 participants from […]
Extend 33(7) To Suburbs, Says Domnic Romell At EODR 2.0, Urging Policy Parity For Redevelopment
By Ashna Shree The Confederation of Real Estate Developers’ Associations of India (CREDAI) successfully hosted the second edition of its flagship exhibition, EODR 2.0 (Ease of Doing Redevelopment 2.0), bringing together key players from the real estate ecosystem to focus on the growing need and potential for redevelopment in Mumbai’s ageing urban infrastructure. Held in […]
Boman Irani: Redevelopment Drives Growth In Mumbai’s Land-Locked Market
For Mumbai’s real estate developers, Boman Irani, Managing Director of Rustomjee, describes it as an “asset-light model” that provides a significant break from the ever-rising cost of land acquisitions. Irani should be aware that the biggest player in the redevelopment market is Rustomjee, doing business as Keystone Realtors. “Redevelopment will be a major force behind […]
CREDAI-MCHI President Domnic Romell: “Mumbai’s Real Estate Market Is Booming”
The Mumbai real estate market is seeing an unparalleled rise, with high demand, increased volumes, and growing interest in both commercial and residential properties, CREDAI-MCHI President Domnic Romell (55) noted on Monday. He was attending the ”FPJ Dialogue” event at the FPJ office in Nariman Point. He claimed that there has never been a better […]
Cluster Redevelopment in the Spotlight: MHADA Promotes New Approach for Mumbai
Sanjeev Jaiswal, Vice President and CEO of the Maharashtra Housing and Area Development Authority (MHADA), emphasised the significance of redevelopment activities during his remarks at the CREDAI-MCHI Redeveloping Mumbai exhibition at the Bandra Kurla Complex. He stated that MHADA has issued roughly 850 notifications under Section 79(A), 300 notices under Section 79(B), and 70 to […]
MHADA sends 1,200 notices to housing societies and developers; in order to advance redevelopment projects
In an effort to regain control over abandoned redevelopment projects on their lands, the Maharashtra Housing and Area Development Authority (MHADA) has sent out about 1,200 letters to different Mumbai developers and housing societies. This action is in response to a 1976 amendment to the Maharashtra Housing and Area Development Act that gave MHADA the […]
CREDAI-MCHI urges GST revision to boost redevelopment and affordable housing in Mumbai
The Mumbai Metropolitan Region’s (MMR) top real estate association, CREDAI-MCHI, has demanded a thorough examination of the Goods and Services Tax (GST) system as it relates to the real estate business. The organisation expressed concerns about the effects of GST on affordable housing, rehabilitation projects, and redevelopment in a formal submission to Shri Pramod Sawant, […]
The State Government’s Housing Policy for PAPs is welcomed by CREDAI-MCHI
The state cabinet approved a policy requiring the provision of flats to people displaced by ongoing infrastructure projects during its meeting on Wednesday, marking a significant step toward resolving the housing needs of Project-Affected Persons (PAPs). CREDAI-MCHI, the leading association of real estate developers in the Mumbai Metropolitan Region (MMR), has praised and supported this […]
A research from MMR predicts a 5% increase in house sales in FY24
The Mumbai Metropolitan Region’s (MMR) apex body, CREDAI-MCHI, stated in a report created in collaboration with CRE Matrix that overall home sales in the MMR increased by 5% in FY24 compared to FY23, demonstrating the region’s innate demand for residential properties despite a difficult economic climate. The report’s main conclusions show that South Mumbai has […]
CIDCO Conducts Developer Conference To Discuss Important Concerns In The Navi Mumbai And NAINA Region
To discuss several urgent challenges in the CIDCO and NAINA regions, the City and Industrial Development Corporation (CIDCO) called a critical meeting with developers from the CREDAI-MCHI, Navi Mumbai. Leading the discussions, CIDCO Joint Managing Director Shantanu Goyal covered a number of important subjects. One major concern raised was the lack of facilities in plots […]