CREDAI-MCHI Thane kicked off the Redevelopment Expo 2025 at Raymond Trade Show Hall, drawing over 2,000 attendees. The event unveiled 'Thane Vision 2030' with key leaders stressing quality homes, social ties, and policy boosts from Deputy CM Eknath Shinde. Nearly 50% of Thane's aging homes offer huge redevelopment potential, signaling a skyline transformation.
Ranchi Municipal Corporation launches a comprehensive urban redevelopment plan for 2026, targeting road repairs across 53 wards, decongestion via anti-encroachment drives, and city-wide cleanliness campaigns. Surveys will categorize roads as Good, Average, Poor, or Very Poor, paving the way for tailored action plans to boost living standards and property appeal.
Knight Frank's Q2 2025 Prime Global Cities Index places Bengaluru 4th globally with 10.2% annual prime property growth, surpassing Mumbai and Delhi. Tech wealth creation and constrained luxury inventory drive this outperformance against a global average of 2.3% growth.
Ahmedabad’s real estate market saw a 7.7% drop in new projects during FY 2023-24, driven by increased construction costs and a surge in urban redevelopment.
Mumbai's Western suburbs including Bandra, Juhu and Andheri logged a 20% rise in luxury apartment sales in Q4-2024, driven by enhanced infrastructure developments and post-pandemic demand for spacious homes.