Mumbai Rains Force NAREDCO to Postpone Annual Real Estate Forum 2025
Due to heavy rainfall in Mumbai, the National Real Estate Development Council (NAREDCO) Maharashtra has postponed its annual Real Estate Forum 2025, originally scheduled for August 20.
Real EstateNaredcoMumbaiHeavy RainfallForumReal Estate MumbaiAug 20, 2025
NAREDCO said the decision was taken in view of the continuous heavy rains in Mumbai on August 18 and 19. “As per the India Meteorological Department (IMD) advisory on heavy rains and uncertain weather conditions, The Real Estate Forum 2025 scheduled on 20th August, 2025 has been postponed,” said a statement by NAREDCO Maharashtra.
Several districts in Maharashtra, including Mumbai, Pune, Thane, and Raigad, witnessed intense rainfall on August 18 and 19. Mumbai alone recorded over 300 millimetres (mm) of rainfall on August 19, leading to severe waterlogging and flight disruptions. Chief Minister Fadnavis said on August 19 that the next 48 hours would be “extremely crucial” for districts under the IMD’s red alert. He noted that Mumbai had received 300 mm of rainfall in the 24 hours between 8 am on August 18 and 8 am on August 19, with more than 200 mm falling in just 11 hours on August 19.
The postponement of the forum underscores the significant impact of the monsoon on the city's infrastructure and daily activities. Heavy rainfall has not only affected the real estate market but also disrupted transportation, leading to widespread waterlogging and flight cancellations. The event organizers are yet to announce a new date for the forum, but they have assured that it will be rescheduled at the earliest possible date.
NAREDCO Maharashtra is a prominent body representing real estate developers and stakeholders in the state. The organization plays a crucial role in promoting sustainable and innovative practices in the real estate sector. The annual forum is a key platform for discussing the latest trends, challenges, and opportunities in the industry, and the postponement due to the rains reflects the organization's commitment to the safety and well-being of all participants.
Despite the setback, the real estate community remains optimistic about the future of the sector in Maharashtra. The postponement is seen as a necessary precaution to ensure that the event can proceed safely and effectively when the weather conditions improve. The real estate market in Mumbai and other parts of Maharashtra continues to be a vital component of the state's economy, and the forum is expected to provide valuable insights and networking opportunities for all attendees once it is rescheduled.
Frequently Asked Questions
Why was the Real Estate Forum 2025 postponed?
The Real Estate Forum 2025 was postponed due to heavy rainfall in Mumbai, which led to severe waterlogging and flight disruptions. The decision was made to ensure the safety and well-being of all participants.
Who are the expected attendees at the Real Estate Forum 2025?
The expected attendees at the Real Estate Forum 2025 include government authorities, sector experts, innovators, and changemakers. Notable figures such as Maharashtra Chief Minister Devendra Fadnavis and Mumbai Municipal Commissioner Bhushan Gagrani were also expected to attend.
What is the theme of the Real Estate Forum 2025?
The theme of the Real Estate Forum 2025 is ‘Reimagining Maharashtra: Global Alliances to Local Impact.’
How much rainfall did Mumbai receive on August 19?
Mumbai received over 300 millimetres (mm) of rainfall on August 19, leading to severe waterlogging and flight disruptions.
What is NAREDCO Maharashtra?
NAREDCO Maharashtra is a prominent body representing real estate developers and stakeholders in the state. It plays a crucial role in promoting sustainable and innovative practices in the real estate sector.
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