Credai, the apex body representing over 13,000 developers, has released a report outlining key reforms needed to transform the Indian real estate sector by 2047. The report emphasizes the need for land reforms, ease of doing business, and the creation of new cities.
Real EstateLand ReformsAffordable HousingCredaiUrban DevelopmentReal EstateSep 14, 2025
The main goal of Credai's report is to outline key reforms needed to transform the Indian real estate sector by 2047, focusing on land reforms, ease of doing business, and the creation of new cities.
The nine pillars proposed by Credai are land reforms, affordable housing, development of new cities, ease of doing construction, rationalization of charges, infrastructure financing, slum redevelopment, adoption of new technologies, and skill development and labour welfare.
Credai suggests promoting affordable housing by creating land banks and focusing on slum redevelopment.
Credai recommends transforming building plan approvals through digitization, transparency, and time-bound processing, as well as rationalizing development and approval charges.
The final pillar, ease of living, promotes celebrating cultural uniqueness and heritage, advancing citizen-driven governance models, and incorporating climate resilience into urban infrastructure.
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