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Economist Arvind Panagariya suggests creating special employment regions in India. These regions would foster urban development and job creation, similar to Chinese cities. He advocates for greater land availability and easier construction processes. Liberalizing building bylaws and zoning systems is also recommended for faster urbanization. Authorities should also issue urban property ownership cards more widely.

MahaRERA has granted an automatic four-month extension to eligible real estate projects in Maharashtra due to disruptions linked to the West Asia situation. The relief covers registered projects with completion dates on or after February 28, 2026, but excludes projects registered on or after August 1, 2026. Developers will not need to file separate applications for the extension.

New Delhi, Aug 7 (PTI) Realty firm Sumadhura Group will invest around Rs 2,000 crore to construct a housing project in Bengaluru. The company has signed a Joint Development Agreement (JDA) with a land owner to build a residential project on a 17-acre land parcel in Whitefield-Kannamangala Corridor, East Bengaluru. Sumadhura Group will invest around [...]

The Taxation and Other Laws (Amendment) Bill, 2026 is expected to benefit Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), but infrastructure companies under these trusts are likely to shift to the new tax regime gradually, according to a report by Share India Institutional Business.