22 Dec 2025

CREDAI has urged the government to extend tax incentives for developers building affordable housing in the upcoming Union Budget, pointing to rising construction and land costs. The industry body has also called for revising the affordable housing price cap of INR 45 lakh, introduced in 2017, saying it no longer reflects current market realities. CREDAI has suggested raising the limit to INR 90 lakh or removing it to support housing supply in urban and semi-urban areas. It also sought a reduction in GST on construction inputs to lower overall project costs. The association highlighted strong post-pandemic housing demand, improved transparency under RERA, and its continued focus on sustainable and green real estate development.Read more

20 Dec 2025

CREDAI Pune reinforced its focus on labour welfare by hosting the fourth edition of the Pride Best Facility Awards 2025, recognising developers for raising standards at construction worker residence camps. With participation from over 105 developers, the awards reflected growing industry commitment towards safe, hygienic and dignified living conditions for the workforce. Categories covered health, safety, skill development, women workers welfare, crèche facilities, innovation and debut projects. Senior civic officials and industry leaders highlighted how improved labour facilities enhance productivity, morale and long-term workforce stability. The initiative continues to push developers beyond compliance, positioning labour welfare as a core pillar of responsible real estate development.Read more

18 Dec 2025

Experts from the road infrastructure sector have called for urgent adoption of sustainable materials and safer construction practices as India's rapid infrastructure expansion puts pressure on natural resources. Officials from CRRI highlighted the growing waste crisis caused by materials such as plastic, steel slag, and construction debris, and outlined new technologies that reuse industrial waste in road building. Industry leaders also stressed the need to balance growth with safety and sustainability, noting that road construction currently contributes significantly to environmental pollution.Read more

16 Dec 2025

Namo Bharat, the semi high speed transit system on the Delhi Ghaziabad Meerut corridor, has crossed 2 crore commuter trips within two years of its launch. Starting with a modest 72,000 monthly riders, phased expansions and new stations have steadily increased ridership to around 55,000–60,000 daily commuters. Key factors driving growth include reduced travel time, reliable air conditioned services, and integration with Delhi Metro ticketing. With 55 km and 11 stations currently operational and remaining stretches under construction, the system continues to reshape intercity travel patterns and strengthen connectivity across the National Capital Region.Read more

15 Dec 2025

The Delhi Metro Rail Corporation has started elevated corridor construction on the 8.38 kilometre stretch between Lajpat Nagar and Saket G Block, part of the Golden Line under Phase IV of the metro expansion. This section will have eight stations and improve metro access in South Delhi, linking residential and commercial areas and offering easier interchange with the Magenta, Violet and Pink Lines. The ground breaking marks the first civil works beyond earlier priority corridors and is expected to support daily commuting for thousands. This stretch will also introduce India’s first three coach metro service.Read more

15 Dec 2025

Vishal Gupta has been elected president of CREDAI-NCR, with a new Executive Committee and Governing Council now in place. The leadership team, including five vice-presidents, a secretary, and a joint secretary, will focus on engaging with authorities, addressing regulatory and policy challenges, and promoting reforms for a modern and sustainable real estate sector. CREDAI represents over 15,000 real estate developers across India, making it a key voice in the industry.Read more

14 Dec 2025

NHAI, in partnership with ROADIS, has launched a cycle-donation initiative to support school-going girls across Uttar Pradesh, Rajasthan and Gujarat. Nearly 100 bicycles were distributed to 80 students from ten schools located along ROADIS-operated highway corridors, helping girls with long or unsafe commutes travel more independently and continue their education. The main event was held in Varanasi, attended by senior NHAI officials who emphasised the role of safe mobility in community development. ROADIS said the drive aligns with its commitment to improving lives around its project areas. The initiative is part of the Shikshaantra Plus programme, which supports learning, digital access and school infrastructure in multiple states.Read more

12 Dec 2025

India’s move to allow greater pension-fund participation in REITs, InvITs and Category I and II AIFs is being seen as a major reform for long-term capital growth. Industry leaders say the change will bring stable, patient capital into real estate, infrastructure and high-growth sectors. Pension funds are expected to strengthen funding for income-generating assets, improve yield stability and support large-scale urban and infrastructure development. Experts note that the policy also helps diversify pension portfolios while raising governance standards and investor confidence. With long-horizon capital entering these investment vehicles, the reform is likely to deepen institutional participation, improve liquidity and support India’s goal of building a more resilient and mature capital market.Read more

08 Dec 2025

Housing prices along the Dwarka Expressway in Gurugram have increased nearly 3.5 times over the past five years, driven by stronger demand and major infrastructure upgrades. A recent Square Yards report highlights how the corridor has shifted from an emerging stretch to one of NCR's most active residential zones, supported by improved connectivity through the 29-km, 16-lane access-controlled expressway. With around 115 active residential developments and several leading developers present, the area continues to attract homebuyers and long-term investors who are responding to rising liveability and faster access to key parts of Delhi and Gurugram.Read more

08 Dec 2025

India recorded more than 1.77 lakh road accident deaths in 2024, reflecting a 2.3% increase from the previous year, according to information shared with Parliament. The data showed that an average of 485 people lost their lives every day. The government highlighted global targets under the Stockholm Declaration, which aims to reduce road deaths and injuries by 50% by 2030. Police records from 2023 had already indicated a high accident burden, with over 4.80 lakh accidents, 1.72 lakh deaths, and nearly 4.63 lakh injuries. India's fatality rate also remained higher than China but lower than the United States.Read more