News Room

Gurugram, 7th July 2025: With its rising appeal among mid and premium homebuyers, South of Gurugram (Sohna) has quickly evolved into a thriving real estate hotspot, fuelled by robust infrastructure growth and enhanced connectivity. The area is now drawing strong interest from both homebuyers and investors. Infrastructure advancements and stronger transport links are making South of Gurugram increasingly accessible. The six-lane, 21.65-km-long Sohna Elevated Corridor, Delhi-Mumbai Industrial Corridor, KMP Expressway, and proposed metro line have all boosted its links to big cities like Delhi, Jaipur, and Mumbai. The Southern Peripheral Road (SPR) connects Sohna Road to NH-8 and the Dwarka Expressway, making it easier to travel from Sohna to Gurugram’s major commercial centres and residential areas. According to 99acres, property prices along Sohna Road have surged by 151% over the past five years, more than doubling and underscoring the area’s steady real estate growth. Properties in Sohna are now selling at an average of ₹15,600 per sq. ft., driven by improved connectivity, rapid infrastructure development, and rising demand from both homebuyers and investors. As per a Square Yards report, major developers such as Signature Global, Central Park Group, Ashiana, and others are betting big on South of Gurugram, with plans to launch around 16,000 housing units in the area. Sharing his views on growing real estate appeal of this location, Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., “Sohna’s real estate market has witnessed remarkable growth in recent years, driven by improving infrastructure, better connectivity, and rising demand from both homebuyers and investors. What makes this micro-market even more attractive is its strong growth potential, supported by planned developments, competitive pricing, and upcoming commercial hubs that are likely to boost both employment opportunities and housing demand further.” Adding to Sohna’s appeal for homebuyers and investors are its quality healthcare facilities, educational institutions, and retail hubs. Hospitals like Medanta – The Medicity and Polaris Hospital offer easy access to medical care. The area also has well-known education institutes such as GD Goenka University and Apeejay Stya University. For shopping and entertainment, there are malls like Signature Global Infinity Mall and Omaxe Celebration Mall. Under the Sohna Master Plan 2031, around 255 hectares along the Eastern Peripheral Road have been designated for commercial development, strengthening its investment potential. In addition, the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has acquired 607 hectares of land along the KMP Expressway to develop an industrial model township, further boosting Sohna’s position as an emerging real estate and business hub.

Gurgaon, 3rd July 2025: After a steady start in the first quarter, institutional investments in the Indian real estate witnessed a notable uptick during Q2 2025, at USD 1.7 billion, a 29% rise on a sequential basis. This mopped-up total investments in H1 2025 to USD 3.0 billion, reinforcing the sector’s resilience amidst ongoing global uncertainties. Although this marked a 15% decline compared to H1 2024, the investment volume remained above the half-yearly average of about USD 2.6 billion since 2021, reflecting sustained investor interest. While foreign investments saw a 39% YoY decline, domestic capital surged by 53% to USD 1.4 billion, accounting for 48% of the total inflows in H1 2025. The growing share of domestic investments marks an ongoing shift in the capital investment landscape, with Indian institutional investors playing a more prominent role in driving real estate activity across core asset classes. Trends in Domestic & Foreign investments in Q2 2025 and H1 2025 (in USD million) – Source: Colliers Note: For transactions involving multiple investors, an equal share of all investors has been assumed in cases where specific details are not publicly available. As a result, the data presented is indicative and may not reflect the exact capital contribution by investor type. “Domestic capital has emerged as a key driver in India’s real estate investments, with its share in total investments rising steadily from 16% in 2021 to 34% in 2024. In H1 2025, domestic investments accounted for 48% of the total inflows, surging by 53% compared to H1 2024. Their growing dominance has helped cushion the impact of global uncertainties and push total investments to the USD 3.0 billion mark. Over 60% of domestic investments during H1 2025 were directed towards residential and office assets, reflecting sustained confidence in core segments. As domestic capital deepens and diversifies, it is poised to bring greater stability and long-term confidence to India’s maturing real estate ecosystem,” said Badal Yagnik, Chief Executive Officer, Colliers India. Foreign institutional investments dropped 39% YoY in H1 2025 to USD 1.6 billion, as global investors remained cautious amidst evolving macroeconomic scenario, flow of credit and inflationary pressures. Despite the slowdown, foreign capital still accounted for over half of total inflows, with growing interest in mixed-use and retail assets. Both these segments together comprised about 55% of foreign investments during H1 2025. Residential & office assets together attract over half of the investments in H1 2025 Residential assets saw USD 0.8 billion of investments, driving 27% of the inflows during H1 2025, followed by office assets, at 24% share. Investments in mixed-use assets too witnessed a significant surge, accounting for more than 20% share in the total inflows during H1 2025, up from 7% share during the corresponding period in 2024. Retail and alternative assets too saw a notable rise in investment inflows, cumulatively accounting for USD 0.5 billion, led by select large deals in H1 2025. “The USD 1.7 billion of investments recorded in Q2 2025 underscores the resilience of India’s real estate sector, with both core and emerging segments attracting sustained interest. The residential segment continued its strong run, accounting for 31% of quarterly investments, driven by healthy end-user demand, improved affordability, and renewed confidence from institutional investors. The retail sector is also witnessing a steady revival, backed by rising consumption, rapid urbanisation, and evolving consumer lifestyle & spending patterns. With REITs and other institutional players actively scouting for quality retail assets across key markets, investment activity in this segment is expected to gain further traction in the coming quarters,” said Vimal Nadar, National Director & Head of Research, Colliers India. Trends in institutional investment inflows (USD million) – Source: Colliers *Note: Alternate assets include data centers, life sciences, senior housing, holiday homes, student housing, schools etc. Investment inflows were limited for Retail assets in Q2 2024 and Q1 2025; Investment inflows were limited for Industrial & warehousing segment in Q2 2025; Investment inflows were limited for alternate assets in Q2 2024 1-Includes investments in mixed-use projects as well as deals involving investments across multiple assets in various locations The institutional flow of funds includes investments by family offices, foreign corporate groups, foreign banks, proprietary books, pension funds, private equity, real estate fund-cum-developers, foreign-funded NBFCs, listed REITs and sovereign wealth funds. The data has been compiled as per available information in the public domain. Mumbai & Bengaluru together drive 39% of the investment inflows in H1 2025 Mumbai drove 22% of the total investments during H1 2025, led by select deals in office assets. Bengaluru attracted USD 0.5 billion investments during H1 2025, contributing nearly 17% to the total inflows. Office and residential assets together made up 57% of the city’s investment share. Interestingly, select large deal in retail segment in Kolkata, resulted in 13% share in total investments by the city during H1 2025. City-wise investment inflows in Q2 2025 and H1 2025 (in USD million) –

Pune, June 14, 2025: The Indian Institute of Interior Designers (IIID), Pune Regional Chapter, proudly concluded the highly anticipated Design Mela 2025, a three-day celebration of design, creativity, and innovation. Held on 12th, 13th, and 14th June 2025 at Mahalaxmi Lawns, Karvenagar, Pune, the event witnessed enthusiastic participation from architects, interior designers, students, design enthusiasts, and the general public. Under the visionary leadership of Chairman Ajay Panchamatia, Hon. Secretary Rajesh Puranik, Vice Chairman Rajesh Mungee, Treasurer Harpriit Aanaand, and Ar. Unmesh Mistry, along with dedicated committee members Ar. Subodh Dixit, Preeti Puranik, Smita Morwale, Rajesh Kuradhe, Aditya Arole, Ravi Panchal, K. H. Rahul, and Shyam Bihari, the event was a resounding success, offering a platform for creative exchange and professional growth. The event was inaugurated by Mr. Prataprao Pawar, Chairman of Sakal Media Group, who addressed an audience comprising esteemed dignitaries, professionals, students, and members of the design community. One of the standout features of Design Mela 2025 was the first-ever audiovisual showcase of curated interior design projects by IIID Pune members. This continuous three-day display provided an immersive experience into the world of design excellence, innovation, and technical prowess—earning widespread acclaim from both professionals and visitors. In addition to the exhibition, the mela served as a launchpad for emerging designers, enabling them to present their creative work and gain meaningful recognition. The event’s knowledge-sharing sessions and interactive workshops added tremendous value for participants. Highlights included: Application of Artificial Intelligence in Interior Design – Ar. Karan Puranik & Ar. Kaushik Sardesai 3D Printing Technology – Mr. Onkar Kavekar Interior Design Photography – Mr. Anand Diwadkar Furniture Fitting Skill Development – Fittings Skill Council Sketching – Ar. Mayuresh Shirolkar Terracotta and Mosaic Art – Mrs. Rajashree Dadarkar Umbrella Painting – Mr. Indranil Garai A special Career Guidance Session brought together 10 leading educational institutions from Pune, with eminent speakers such as Prof. Anand Belhe (MIT), Dr. Gauri Shiurkar (Symbiosis Skills & Professional University), and ID Pratap Jadhav (Past National President, IIID) engaging in meaningful dialogue on the future of design education and careers. The focus on sustainability was further highlighted in a well-received session on Green Interiors by Dr. Poorva Keskar and ID. Vishnu Bedha, inspiring attendees to adopt eco-conscious design practices. The accompanying design product and technology exhibition attracted large crowds, facilitating vibrant networking and showcasing the latest trends in interior materials and solutions. The festivities concluded with a live orchestra performance by IIID Pune members, leaving attendees with joyful memories of collaboration and community spirit. Design Mela 2025 not only reaffirmed IIID Pune’s commitment to fostering design excellence but also served as a powerful reminder of the innovation and talent thriving within India’s interior design ecosystem.  

Pune, 6th June 2025: CREDAI-Pune held its General Body Meeting and Installation Ceremony for the 2025–2027 Managing Committee on Friday, 6th June 2025, at the Conrad Hotel, Pune. The prestigious event was graced by the Deputy Chief Minister of Maharashtra, Eknath Shinde, who attended as the Chief Guest. The official Change of Guard ceremony took place in his esteemed presence, alongside Jitendra Dudi (IAS), District Collector of Pune, PMC Commissioner Naval Kishore Ram and PCMC Commissioner Shekhar Singh, Pratibha Bhadhane, Director of Town Planning; Deepak Singla (IAS), Additional Metropolitan Commissioner;  Neelesh Gatne(IAS), CEO-SRA  Kavita Dwivedi (IAS), Additional Divisional Commissioner, Pune Division, and Rahul Sakore, Chief Officer of MHADA, Pune Board. The GB meeting highlighted several key initiatives undertaken by CREDAI-Pune in recent months, including efforts to streamline environmental clearances, submission of suggestions and objections to the government on housing policies, and addressing critical issues such as road cutting permissions, solar metering, infrastructure development and maintenance challenges. Speaking at the event, Deputy Chief Minister of Maharashtra, Eknath Shinde said, “Maharashtra is not just a state of prosperity—it is a state of possibilities. The state will contribute $1 trillion towards India’s goal of becoming a $5 trillion economy. Real estate plays a pivotal role in Maharashtra’s  economic growth, contributing significantly to the nation’s Gross Domestic Product (GDP) and employment. CREDAI was originally founded in Pune, and it was the visionaries from Pune who went on to establish CREDAI National. What began here eventually evolved into a national movement, with the model being replicated across various regions in India. He also congratulated CREDAI , acknowledging that it has consistently stepped up—not only in the field of construction but also during times of crisis, such as the COVID-19 pandemic—not just in Pune but in surrounding regions like Thane as well. He recalled how, during the pandemic, despite the reduction in stamp duty, the revenue generated was remarkably high. Reflecting on his tenure, he highlighted the rapid pace of development achieved in Mumbai and assured that a similar model would now be implemented in Pune. He mentioned that if we want to deliver affordable housing to the common man, we have to  empower developers. Through reforms like Unified DCPR, stamp duty relief, and infrastructure upgrades, Maharashtra can become an investment magnet. He also emphasised that CREDAI Pune concerns—from DP approvals to TDR regulations—will not be left on paper. He promised that his government would take swift action, would be accessible and ensure it operates with urgency and accountability. He congratulated the newly appointed President and the Managing Committee, and emphasized the importance of coordinated efforts. By bringing together all key stakeholders—including the bureaucracy—he aimed to ensure that every part of the system works in sync and moves forward together. He concluded saying “Our goal is simple: development, development, and more development—and CREDAI will be a key partner in that journey. “ Manish Jain, officially instated as the President of CREDAI-Pune , presented a series of key issues and forward-looking suggestions before Deputy Chief Minister Eknath Shinde. He emphasized the need for greater interdepartmental integration to streamline the building sanction process, proposing that building permissions be processed concurrently with Environmental Clearance, so that construction can commence immediately once the EC is granted. Highlighting the inefficiencies, he remarked that nearly 90% of a developer’s time is spent on obtaining sanctions, while only 10% goes into actual construction. He also urged a phased and results-driven approach to Town Planning Schemes (TPs), recommending that two pilot schemes be implemented and evaluated for effectiveness before scaling up, ensuring more structured and impactful outcomes. Jain also announced the development of a 10,000 sq. ft. Centre of Excellence at COEP, designed to showcase cutting-edge global technologies in the real estate sector. The facility will serve as a collaborative hub for developers and students, fostering innovation and knowledge exchange within the construction ecosystem. Addressing governance-related challenges, he emphasized the urgent need to protect developers from undue harassment by blackmailers, advocating for stronger collaboration with police and law enforcement agencies. He reaffirmed CREDAI’s steadfast commitment to safeguarding its members’ interests by proactively involving the authorities to ensure a secure and fair business environment. He also called for more active participation from the CREDAI Women’s Wing and proposed the formation of a dedicated, professional team to offer real-time support and operational assistance to members. He concluded with a call to action, encouraging all stakeholders to focus not just on constructing buildings, but on building a more inclusive, forward-thinking future rooted in integrity, unity, and excellence. Jitendra Dudi (IAS), District Collector of Pune, addressed the distinguished gathering of developers and highlighted several key initiatives aimed at enhancing ease of doing business in the real estate sector. He emphasized that the MahaKhanij app is playing a pivotal role in improving transparency and expediting the development approval process. By integrating with systems like AutoDCR, it reduces duplication, resolves double taxation issues, and helps developers save valuable time and resources. He also spoke about a proposed reform to curb frivolous litigation, noting that nearly 80% of land-related objections come from individuals with no locus standi. Under the new proposal, such cases can be dismissed at the outset, reducing legal delays and allowing genuine projects to proceed without unnecessary hurdles. Additionally, he shared that a major revenue record digitization drive is underway in Pune. “One of the longstanding challenges has been incomplete digitization of revenue records. We began addressing this three months ago, and aim to digitize 3.5 crore records over the next six months. Once completed, these records will be made accessible through an open platform for easy public access,” he added. He further highlighted several key areas within the real estate sector where transparency and accountability are being addressed with a sense of urgency and sincere commitment by the administration. He also delivered a presentation outlining his proposal to promote tourism in Pune on a large scale, with the aim of attracting tourists. This, he emphasized, would help improve infrastructure in the interiors of Maharashtra while generating

Pune, 5th June 2025 – NAREDCO Pune, in collaboration with Pune Municipal Corporation (PMC), has pledged to create Urban Forests throughout the city on lands as suggested by PMC. NAREDCO had last year too undertaken first such Urban Forest Project at Uruli Devachi and pledged to plant 10000 trees. During G20 Summit NAREDCO members had participated in the City Beautification at various locations. NAREDCO Pune and it’s member Rajas Jain (Kumar World ) undertook such Urban Forest at Baner. The event was graced by PMC Commissioner Shri. Nawal Kishore Ram and City Engineer Shri. Prashant Waghmare along with senior PMC officials Mr. Rajesh Bankar & Dr. Ashok Ghorpade and prominent developers and real estate stake holders who are members of NAREDCO Pune. At the occasion Commissioner Shri Nawal Kishore Ram appreciated the efforts undertaken by NAREDCO Pune and said “Pune has always been environment conscious and it’s important that growth is in harmony with nature. Such urban Forest would help the city to rise up the liveability index.” On the occasion Mr Prashant Waghmare said “It’s our mission to plant as many trees in all such areas where it’s possible to do so. To start with we have identified several nalas running throughout the city which can be developed as Urban Forests. A Green and Sustainable Pune is the only way forward “ Mr. Bharat Agarwal – President NAREDCO Pune said “Our motto Swach Sundar and Surakshit Pune is a mission close to the hearts of every NAREDCO member. These Urban Forests shall be the future lungs of the city. We have not only pledged to plant 25000 trees throughout the city but also maintain them for 5 years “ About NAREDCO: National Real Estate Development Council (NAREDCO) is the apex body of real estate sector under the aegis of Ministry of Housing & Urban Affairs, Government of India. The Hon’ble Minister of Housing & Urban Affairs is its Chief Patron. NAREDCO members include Public and Private Sector Developers and all other stakeholders of real estate industry. Currently the Organization has more than 10000+ members pan India directly under NAREDCO and its State Chapters.

Pune, 2nd June 2025: Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, today announced that it will develop ~14-acre land parcel in Kharadi – Wagholi, Pune. The development on this land will comprise primarily premium group housing. The project will have a developable potential of ~ 3.7 million square feet with an estimated revenue potential of ~ INR 4,200 crore. The land parcel is strategically located near major commercial hubs in Kharadi, Pune, and provides access to schools, hospitals, malls, restaurants, and premium hotels. It is also in close proximity to Chhatrapati Sambhaji Maharaj International Airport. The Kharadi–Wagholi micro-market has emerged as one of Pune’s high-demand residential corridors, driven by its proximity to major IT and business hubs, improving infrastructure, and growing social amenities. Backed by sustained demand from a rising professional workforce, the region has rapidly evolved into a high-growth residential market and a key driver of Pune’s real estate expansion. Gaurav Pandey, MD & CEO, Godrej Properties, said, “Kharadi – Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India. We will aim to build a high-quality development that creates long-term value for its residents.” *On the basis of the current business assumptions.