Tag: Delhi-NCR

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Delhi extends slum rehab cutoff from 2015 to 2025

NEW DELHI: In a long-awaited announcement that will benefit thousands of slum-dwellers, Chief Minister Rekha Gupta proclaimed on Tuesday that the Delhi Urban Shelter Improvement Board (DUSIB) has extended the cutoff date for the slum rehabilitation scheme from January 1, 2015, to January 1, 2025. This means all eligible slum clusters established in Delhi up to this new cutoff will qualify for rehabilitation benefits. “This historic decision aligns with the Delhi Slum and JJ Cluster Rehabilitation and Relocation Policy, 2026, recently approved by Home Minister Amit Shah. It is expected to enhance Prime Minister Modi’s commitment to uplift the impoverished,”…

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NCR Housing Launches: National Developers’ Share Hits 13% in 2025

NEW DELHI: Anarock Research reports that the share of national developers in NCR’s residential launches increased to over 13% in 2025, up from just 3% in 2022. The report indicated that national developers launched fewer than 700 units in NCR in 2022, amidst a total of approximately 25,355 residential launches. By 2025, these developers had launched nearly 8,100 units, while the region saw around 61,775 launches overall. Developers featured in the study include notable names such as Godrej Properties, Prestige Estates, Tata Housing, Mahindra Lifespaces, Adani Realty, Sobha, Shapoorji Pallonji Group, and Birla Estates. “In 2022, a mere 3% of…

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Golden Growth Fund wraps first real estate AIF at ₹101 crore

NEW DELHI: The Golden Growth Fund has announced the successful closing of its first real estate-focused Alternative Investment Fund (AIF) with assets totaling ₹101 crore. This category-II AIF targets real estate projects in South Delhi. Launched in September 2024, it reported a net asset value (NAV) of 160.9 as of March 2026, reflecting a 61% growth since inception. The fund has achieved an annualized internal rate of return of 47% since its launch. The fund has made investments in three locations within South Delhi: Anand Niketan, Neeti Bagh, and Gulmohar Park. The Anand Niketan project is approximately 80% complete and…

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India must boost affordable housing and rental reforms for $5.8T market by 2047: Report

NEW DELHI: A joint report by KPMG in India and NAREDCO indicates that India needs to refocus on affordable housing, rental reforms, and enhanced homebuyer protections for the real estate sector to reach an estimated value of $5.8 trillion by 2047. The report was unveiled by Union Housing and Urban Affairs Minister Manohar Lal Khattar during the NAREDCO Real Estate Conclave 2026. The study outlines four key policy areas for the sector: affordable housing, rental housing, robust homebuyer protection through the RERA-Insolvency and Bankruptcy Code framework, and improved implementation of the Real Estate Regulatory Authority. According to the report, urbanization…

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AI and Sustainability Driving Real Estate Growth: Experts

NEW DELHI: During the NAREDCO Real Estate Conclave 2026, experts highlighted that artificial intelligence, sustainable construction, regulatory compliance, and skill development will be pivotal in shaping India’s real estate landscape. Anand Kumar, Chairman of AIFORERA and Delhi RERA, emphasized that while significant growth is expected in the sector, it necessitates investor confidence, regulatory compliance, and strategic long-term planning. “The Real Estate (Regulation and Development) Act (RERA) has been essential in restoring trust among homebuyers, investors, and developers. All stakeholders must understand and fulfill their responsibilities under the law for sustainable sector growth,” Kumar stated. Kumar identified emerging segments like commercial…

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India Must Speed Up Construction to Meet Urbanization Needs: Minister

NEW DELHI: To address the demands of rapid urbanization, India must significantly enhance its construction activities, stated Union Minister for Housing and Urban Affairs, Manohar Lal Khattar, at Bharat Buildcon 2026. Khattar emphasized that future construction efforts should prioritize speed, quality, durability, sustainability, and affordability. He projected that India’s urban population will grow dramatically in the coming decades, leading to increased demands for housing, infrastructure, and public amenities. To meet these future needs, over one crore urban homes will need to be constructed annually, he noted. Additionally, Khattar suggested implementing a durability certification system for buildings to reflect their expected…

Latest StoriesResidential

Homebuyers suffer as NCR property registration stalls due to strike

NOIDA: Manish Dixit has been visiting the sub-registrar’s office in Greater Noida for nearly three weeks, trying to complete the registration process for his newly purchased flat. Each visit has been met with disappointment. Dixit bought the apartment for Rs 80 lakh, financing Rs 65 lakh through a housing loan from HDFC Bank. While the payment formalities are complete, the final registration is on hold due to an ongoing strike by lawyers and deed writers protesting the Uttar Pradesh government’s move toward e-registration of property documents. The protests began on June 10, when deed writers halted their work in Greater…

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CM Finalizes Delhi Slum and JJ Cluster Rehab Policy

NEW DELHI: Chief Minister Rekha Gupta has announced the finalization of the Delhi Slum and JJ Cluster Rehabilitation and Resettlement Policy, 2026, by the Centre and the Delhi government. Gupta stated that the first phase will involve rehabilitation projects for five JJ clusters, providing essential civic amenities such as schools, health centers, playgrounds, and anganwadi centers. In a late Tuesday night post on X, Gupta mentioned that the policy was concluded in a high-level meeting led by Union Home Minister Amit Shah. She also indicated that the Delhi Development Authority (DDA) and the Delhi Urban Shelter Improvement Board (DUSIB) will…

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Delhi’s Slum Dwellers Rehabilitation Policy Finalized: Home Min.

NEW DELHI: Union Home Minister Amit Shah announced on Tuesday that the Delhi Slum and JJ Cluster Rehabilitation and Relocation Policy, 2026, is finalized and will benefit around four lakh families residing in such areas. Shah recommended that the Delhi government issue tenders for at least five public-private partnership-based rehabilitation projects each month. During a review meeting focused on the rehabilitation of slum dwellers in the national capital, he directed the Delhi Development Authority (DDA) and the Delhi Urban Shelter Improvement Board (DUSIB) to issue tenders for five clusters within 45 days. He also requested the preparation of project documents…

Latest StoriesRegulatory

Delhi Civic Revenue Soars 17% to ₹14,549 Crore in 2025-26

NEW DELHI: The Municipal Corporation of Delhi (MCD) achieved its highest annual revenue of Rs 14,549.06 crore for the financial year 2025-26, marking a 17.27% increase from the previous year, as reported by officials on Tuesday. According to MCD standing committee chairperson Satya Sharma, total revenue soared from Rs 12,406.75 crore in 2024-25 to Rs 14,549.06 crore in 2025-26, representing an increase of Rs 2,142.31 crore. “MCD’s own revenue rose from Rs 9,400.20 crore to Rs 11,239.24 crore during this period, indicating a growth of 19.56%. Additionally, revenue and grants from the Delhi government climbed from Rs 2,983.87 crore to…