Credai Advocates for Land Reforms and Ease of Doing Business to Transform Indian Real Estate
The Confederation of Real Estate Developers' Associations of India (Credai) has outlined a comprehensive framework to revolutionize the Indian real estate sector, emphasizing land reforms, ease of doing business, and skill development.
Real EstateLand ReformsAffordable HousingCredaiUrban DevelopmentReal Estate MumbaiSep 14, 2025
Credai, representing over 13,000 developers, has identified nine pillars essential for this transformation. According to Shekhar Patel, Credai's National President, the future of Indian real estate is not just about building structures but about building communities, livelihoods, and aspirations.
The first pillar focuses on land reforms. Credai has called for the implementation of the Land Titling Act to ensure conclusive land titling and the creation of a unified national digital land register to enhance transparency and accessibility. This will help in reducing disputes and making land transactions more efficient.
To promote affordable housing, Credai has suggested the creation of land banks. These land banks will help in providing developers with readily available land at reasonable costs, thereby reducing the overall cost of housing projects.
The second pillar is the development of 100 'cities of tomorrow.' These cities will be designed to be smart, sustainable, and inclusive, with a focus on modern infrastructure, green spaces, and advanced urban planning.
Ease of doing construction forms the third pillar. Credai advocates for the digitization of building plan approvals, ensuring transparency, and time-bound processing. This will streamline the construction process and reduce delays.
The fourth pillar emphasizes the need to rationalize development and approval charges. Credai suggests setting up dedicated funds for infrastructure financing, including government-backed infrastructure and housing bonds. This will provide the necessary financial support for large-scale projects.
The fifth pillar focuses on slum redevelopment and the promotion of green buildings. Credai calls for the adoption of new technologies in all aspects of the real estate sector, from construction to customer relationship management. This will help in creating more sustainable and efficient buildings.
Skill development and labour welfare form the eighth pillar. Credai advocates for state-led demand assessments and trade-specific training infrastructure. The association also seeks reforms in labour cess utilization to directly benefit workers, ensuring their well-being and skill enhancement.
The final pillar, ease of living, promotes celebrating cultural uniqueness and heritage in all major urban centres. It advances citizen-driven governance models and incorporates climate resilience into urban infrastructure. This will create more livable and sustainable cities.
Credai has also called for the establishment of high-level committees at the Prime Minister's level and state-level war rooms to oversee the implementation of these reforms. A phased implementation plan will ensure that the changes are rolled out systematically and effectively.
Together, these pillars chart a path toward a transparent, sustainable, inclusive, and technologically advanced real estate and urban development ecosystem, fit for India's ambitious future.
Frequently Asked Questions
What is Credai's vision for the Indian real estate sector by 2047?
Credai's vision for the Indian real estate sector by 2047 is to create a transparent, sustainable, inclusive, and technologically advanced ecosystem that supports the development of communities, livelihoods, and aspirations.
What are the nine pillars outlined in Credai's framework?
The nine pillars are land reforms, affordable housing, development of 100 'cities of tomorrow,' ease of doing construction, rationalization of development and approval charges, slum redevelopment and green buildings, adoption of new technologies, skill development and labour welfare, and ease of living.
How does Credai propose to promote affordable housing?
Credai suggests the creation of land banks to provide developers with readily available land at reasonable costs, thereby reducing the overall cost of housing projects.
What steps does Credai recommend to ease the construction process?
Credai advocates for the digitization of building plan approvals, ensuring transparency and time-bound processing to streamline the construction process and reduce delays.
How does Credai plan to enhance skill development in the real estate sector?
Credai calls for state-led demand assessments and trade-specific training infrastructure, along with reforms in labour cess utilization to directly benefit workers, ensuring their well-being and skill enhancement.
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