NAREDCO Maharashtra has redefined the real estate landscape of the Vasai-Virar region with the much-awaited Vasai-Virar HOMETHON Property Expo 2025. The three-day mega event that commenced today from March 7th until March 9th 2025, at YMCA Ground, Manickpur, Vasai West has drawn significant attention from homebuyers, investors, and industry professionals, reaffirming Vasai-Virar’s position as a thriving real estate destination.

The Thane Municipal Commissioner, Saurabh Rao, issued a warning of stern action against assistant commissioners if they fail to take action on illegal constructions within their respective areas.

The warning was issued by Rao during a closed-door meeting with civic officials recently.

NAREDCO Maharashtra recently held a Vasai-Virar HOMETHON Property Expo 2025. The three-day mega event, held from 7th to 9th March, at YMCA Ground, Manickpur, Vasai West, garnered substantial attention from homebuyers, investors, and real estate professionals. The event reaffirmed Vasai-Virar's position as a flourishing real estate destination within the Mumbai Metropolitan Region (MMR).

The office-bearers of the National Real Estate Development Council (NAREDCO), Mysuru Chapter, have strongly opposed the State Government’s order mandating Government approval for the development of private residential layouts.

Urban Development (UD) Minister Byrathi Suresh recently issued an order requiring developers to seek not only the approval of local authorities such as the Urban Development Authority and Local Planning Authority but also explicit permission from the Government.

The Vasai-Virar HOMETHON Property Expo 2025, organized by NAREDCO Maharashtra, opened on Friday at YMCA Ground, Vasai West, attracting homebuyers, investors, and industry experts. The three-day event, running until March 9, has positioned Vasai-Virar as a key real estate destination within the Mumbai Metropolitan Region (MMR).

The 43rd edition of the Knight Frank – NAREDCO Real Estate Sentiment Index Q4 2024 (October–December 2024) report reflects cautious optimism among real estate stakeholders. Both the Current and Future Sentiment Scores remain above the optimistic threshold of 50 but have corrected downward from the previous quarter, influenced by global economic shifts and stakeholder concerns regarding economic growth.

Despite the government’s focus on affordable housing and the launch of ambitious schemes like PMAY, homes still remain unaffordable for many in India, especially in major cities. So, the question is: what makes housing unaffordable and what can be done to help make cities more livable and sustainable for everyone?

National Real Estate Development Council (NAREDCO) AP president Gadde Chakradhar said their organisation welcomes the AP government’s transformative reforms, aimed at streamlining urban development and revenue processes.

He observed that the policy changes brought in by the coalition government in AP like ease of doing business, faster approvals and transparency will boost the real estate and infrastructure sectors.

Office-bearers of the AP unit of National Real Estate Development Corporation (NAREDCO) on Sunday (March 2) welcomed the series of transformative reforms introduced by the State government, aimed at streamlining urban development and revenue processes. These policy changes, they said, focused on ease of doing business, faster approvals, and regulatory transparency, would boost the real estate and infrastructure sectors.

The real estate stakeholders in the country remain cautiously optimistic amid global economic shifts and growth worries but the sentiment has turned modest from the previous quarter, the Knight Frank–NAREDCO Real Estate Sentiment Index has said.

While there is cautious optimism in the residential sector, the outlook for office market remain buoyant.