NAREDCO Maharashtra NextGen recently conducted Excelerate 3.0, a one-day event with insightful discussions and a glimpse into the future of real estate in India. Expert panelists and stakeholders interacted to deliver ideas for debates, leading to innovation in construction.
The event witnessed the presence of Dr. Niranjan Hiranandani, Chairman, NAREDCO National; Rajan Bandelkar, Vice-Chairman, NAREDCO National; Prashant Sharma, President, NAREDCO Maharashtra; Ridham Gada, President, NAREDCO Maharashtra NextGen and Rajesh Doshi, Secretary, NAREDCO Maharashtra, amongst other industry leaders.
1 Finance, the Research Partner for the event, collaborated with NAREDCO Maharashtra NextGen for a research report titled 'The Reality of Mumbai Realty', which was unveiled in the presence of the dignitaries.
The research report provides a detailed examination of Greater Mumbai's current real estate landscape, including pricing trends, transaction volumes, and inventory levels. Its key highlights articulate India's residential real estate sector undergoing a significant transformation over the past decade, shaped by economic shifts, regulatory changes, and evolving consumer preferences. This evolution forms the bedrock of the current market dynamics and challenges that have been observed, particularly in Greater Mumbai and other major metropolitan areas.
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