Mumbai Water Crisis Emerges as Challenge for Real Estate Sector, Developers Call for Alternative Water Access

Mumbai's water shortage and BMC restrictions on construction water supply have raised concerns within the real estate sector, with developers warning of possible project delays, higher costs and operational challenges if the measures continue for an extended period.

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Why Over 100 Major Housing Projects in Pimpri-Chinchwad Are Stuck After Supreme Court Order

Over 100 housing projects in Pimpri-Chinchwad worth ₹30,000 crore are stalled due to the Supreme Court’s stay on environmental clearance reforms. Developers face delays and financial losses, while homebuyers await uncertain possession dates. CREDAI urges the government to resolve the crisis and restore investor confidence.

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