17th NAREDCO National Convention Set to Spotlight Regulatory Reforms, Urban Transformation, and Real Estate Growth

Mumbai, August 07, 2025: the financial capital of India today hosted a curtain raiser for the upcoming 17th NAREDCO National Convention, set to be held in New Delhi on August 29–30, 2025. Organized under the theme “Resilient India: Inclusive, Sustainable, and Future-Ready”, the event aims to bring together policymakers, industry leaders, and technology experts to discuss India’s urban and housing transformation. 

Mumbai, being at the forefront of India’s urban density, redevelopment challenges, and infrastructure innovation, remains a vital contributor to the national real estate narrative. With ongoing redevelopment of ageing housing societies, introduction of mixed-use developments, and a strong push for affordable housing under PMAY, Mumbai’s experience offers key lessons for the rest of India. 

Shri Prashant Sharma, President, NAREDCO Maharashtra, emphasized the city’s pivotal role: “Mumbai is not just a city; it’s a megapolis that defines the challenges and opportunities of urban India. This curtain raiser sets the tone for a much-needed policy dialogue on ease of approvals, rental housing, and capital mobilization. We need progressive frameworks that enable faster redevelopment and better urban resilience.” 

The convention’s focus areas—RERA evolution, ease of doing business, new-age construction technologies, and rental housing—resonate deeply with the ongoing transformation in Mumbai’s urban fabric. With participation from the Hon’ble Union Minister of Housing and Urban Affairs and top real estate stalwarts, the two-day event will serve as a blueprint for reforms and innovation. 

Dr. Niranjan Hiranandani, Chairman, NAREDCO, remarked, “Urban planning is now central to India’s economic strategy. With construction accounting for a large portion of carbon emissions, the real estate sector must move from conventional approaches to smart, sustainable models. This means adopting green materials, planning for energy efficiency, and integrating smart infrastructure. India’s urban centers have the potential to lead this transition, and Delhi, with its strategic significance, must lead by example. We need public-  private cooperation, but more importantly, a shift in mindset where ‘green’ becomes the default and not the exception.” 

Shri G Hari Babu, President, NAREDCO, highlighted that the convention would function as a policy accelerator. “We’re at a tipping point where growth, regulation, and innovation must align. This convention is not just a gathering— it’s where ideas are converted into action. The sector’s ability to attract global capital, improve last-mile project delivery, and serve end-users depends on how quickly we resolve policy friction points like delays in approvals, inadequate rental frameworks, and high construction input costs,” he said.