Events

Under the visionary leadership of Sukhraj Nahar, CREDAI-MCHI, the apex body of real estate developers in the Mumbai Metropolitan Region (MMR), hosted its first-ever exclusive Property Expo for Channel Partners at the Jio World Convention Centre, bringing together over 5,000+ channel partners and 48 channel partner associations on a unified platform created to strengthen the critical bridge between developers and homebuyers. Recognising that nearly 60% of real estate sales are driven through the channel partner ecosystem, the initiative was conceptualised to reinforce ease of doing business, recognise the contribution of channel partners, and foster stronger partnership across the real estate value chain.

The expo was conceptualised as a recognition platform for channel partners, bringing together the entire real estate ecosystem to deepen engagement and create a more seamless pathway for homebuyers. The event witnessed participation from channel partners across Mumbai, the wider MMR region, Pune and Nasik reflecting the growing scale, reach and interconnectedness of the real estate brokerage ecosystem across key markets .With the Mumbai Metropolitan Region today comprising an estimated 45,000–60,000 active channel partners nearly 12,000–18,000 of whom operate as highly active institutional and semi-organised players their contribution has become central to market movement, influencing nearly 50–60% of residential transactions across MMR. By enabling direct engagement between developers, channel partners and project teams, the initiative simplifies the homebuying journey, enhances transparency and reinforces trust. This integrated approach not only improves ease of doing business for industry stakeholders but also contributes to ease of living by helping homebuyers make more informed and confident decisions.

At the same time, the initiative reinforces CREDAI-MCHI’s commitment to empowering channel partners by creating a dedicated platform for business acceleration. With the ecosystem estimated to be growing at 10–15% annually, and organised institutional channel partner firms expanding at 18–25% year-on-year, this momentum is being fuelled by rising residential demand, redevelopment activity, infrastructure-led growth and digital lead generation across key micro-markets such as Thane, Navi Mumbai, Central Suburbs and extended Western suburbs. By bringing leading developers and channel partners together under one roof, the expo enables faster knowledge exchange, stronger business networking, real-time inventory access and smoother partnership, helping channel partners engage more effectively while driving higher quality transactions across MMR’s residential market, which continues to account for over 30,000 quarterly housing sales as India’s largest housing market.

Emphasising the importance of trust and awareness, Mr. Boman Irani, Chairman, CREDAI National, said: “Trust remains the most critical currency in real estate, and Platforming that trust requires deeper partnership across the ecosystem. This initiative addresses a critical missing link by bridging the gap between homebuyers and developers through channel partners, creating a stronger and more transparent connection across the transaction journey. The more informed and closely connected channel partners are with developers, their teams and their service ethos, the greater the trust they can build with customers. Today’s homebuyers seek confidence and credibility before making one of the most significant investments of their lives, and that trust can only be built through deeper knowledge, transparency and stronger relationships across the ecosystem”

Speaking on the vision behind the initiative, Mr. Sukharaj Singh Nahar, President, CREDAI-MCHI, said: “Channel partners are the true ambassadors of our industry, acting as the vital bridge between developers and homebuyers and driving nearly 60% of residential transactions. This first-of-its-kind expo has been created to recognise their contribution, deepen ease of doing business and bring together a fragmented ecosystem on one unified platform. By enabling direct engagement with over 50 leading developers, we are creating an environment of greater trust, sharper market understanding and stronger collaboration that will help drive the next phase of growth for Mumbai’s real estate sector.”

Highlighting the trust-led nature of today’s real estate market, Mr. Rushi Mehta, Secretary, CREDAI-MCHI, said: “For us, it is ultimately about maintaining the trust factor and strengthening a process built on transparency. With RERA, today’s homebuyer has access to accurate and verified information from project approvals and sale agreements to available inventory and units already sold. Buyers today are extremely informed and cannot be misled. While technology and AI are enabling faster engagement, real estate transactions still depend on human trust, and channel partners remain central to building that confidence.”

Speaking on the evolving nature of the sector, Mr. Nikunj Sanghavi, Treasurer, CREDAI-MCHI and Exhibition Co- Convener, said: “Real estate today is not just about driving business; it is about enabling long-term growth and empowering buyers to make smarter decisions. Today’s customer is not simply choosing a home they are choosing a home that fits their aspirations, lifestyle and long-term value expectations. MMR continues to hold tremendous potential for this growth. Pricing is ultimately a function of demand and supply, and today’s customers are highly particular, informed and detail-oriented when evaluating projects.”

Adding perspective on broader market growth, Mr. Jitendra Mehta, Senior Vice President, CREDAI-MCHI, said: “India’s real estate growth story continues to remain strong, driven by rising aspirations and increasing purchasing capacity. While global uncertainties may create short-term sentiment shifts, their impact remains only a temporary blip. For India to unlock greater NRI and reverse migration-led investments, regulatory support around ease of buying, selling and fund repatriation will be critical. We are not competing with global markets; we are focused on building better products and creating a stronger, more future-ready real estate ecosystem.”

The event was graced by Mr. Sukharaj Singh Nahar, President, CREDAI-MCHI; Mr. Rushi Mehta, Secretary, CREDAI-MCHI; Mr. Boman Irani, Chairman, CREDAI National; Mr. Nikunj Sanghavi, Joint Secretary, CREDAI-MCHI and Exhibition Convener; Mr. Jitendra Mehta, Senior Vice President, CREDAI-MCHI, Mr. Mayur Shah, Mr. Shailesh Sanghvi, Mr. Prashant Khandelwal, Mr. Sunny Bijlani along with senior office bearers, leading developers, and Presidents of all participating channel partner associations, who were felicitated during the event for their contribution to strengthening Mumbai’s real estate ecosystem

Additionally the expo held projects from more than 51 leading developers were showcased at the expo, spanning offerings from ₹100 crore developments to premium residences priced at ₹1 lakh per sq. ft., ensuring opportunities across every category and buyer segment. This assumes greater significance considering that the Mumbai Metropolitan Region accounts for nearly ₹2.5 lakh crore in residential sales approximately 40% of India’s total residential market. With India’s real estate sector projected to contribute 15% to GDP in a $5 trillion economy, the industry is steadily progressing toward becoming a $1 trillion market, making stronger channel partner collaboration essential to sustaining this momentum.

A key highlight of the event was the felicitation of all 48 participating channel partner associations, including representatives such as Chandresh Vithalani and Ashish Mehta from National Association of Realtors, Jatin Shah from South MetroCity Association of Realtors, and Raju Achpilia from The Association of Real Estate Agent, recognising their invaluable role in market outreach, customer engagement and transaction enablement. The overwhelming participation further reinforced the growing need for dedicated, relationship-driven business platforms that foster trust, transparency and long-term industry growth.

Designed as a recurring initiative, the expo marks a defining step in CREDAI-MCHI’s commitment to building a more organised, collaborative and efficient real estate ecosystem where channel partners continue to remain at the centre of business acceleration and homebuyer confidence.

Bentley Systems, the infrastructure engineering software company, recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts, and academia to explore how AI-driven engineering and digital twins are accelerating India’s journey toward Viksit Bharat 2047.

As infrastructure continues to anchor India’s economic and social transformation, this year’s event focused on moving beyond digital adoption toward scaling intelligent, connected infrastructure ecosystems. Discussions centered on leveraging infrastructure AI, open data environments, and digital twin technologies to enhance project delivery, sustainability, and long-term asset performance across sectors.

According to Kaushik Chakraborty, senior vice president, Asia Pacific, Bentley Systems, “Illuminate Mumbai 2026 underscores a defining shift in India’s infrastructure landscape from digitization to intelligent, AI-powered execution. With the right integration of data and technology, India is well-positioned to meet its infrastructure goals and set global benchmarks in efficiency, resilience, and sustainability.”

Key Event Highlights Include:

• Opening Address: Kamalakannan Thiruvadi, Regional Executive, South Asia, Bentley Systems, set the tone by highlighting India’s opportunity to lead global infrastructure innovation through AI, digital twins, and connected data ecosystems.
• Leadership Dialogue on India’s Infrastructure Future: A featured session titled “Engineering India’s Future: How AI-Driven Infrastructure Will Power Viksit Bharat 2047” brought together Kaushik Chakraborty and Amit Sharma, Managing Director & CEO, Tata Consulting Engineers, to discuss the role of AI in transforming large-scale infrastructure development.
• Executive Keynote: Francois Valois, Senior Vice President, Open Applications, Bentley Systems, delivered a keynote on empowering the future of infrastructure through open, interoperable technologies and scalable digital platforms.
• Bentley Infrastructure Cloud Showcase: A dedicated session highlighted how Bentley Infrastructure Cloud is enabling integrated project lifecycle management from design and engineering to operations, featuring perspectives from industry leaders across engineering and EPC organizations.
• Water Infrastructure Innovation Panel: Experts from government, utilities, and consulting organizations discussed how emerging technologies are reshaping India’s water infrastructure, emphasizing sustainability, efficiency, and resilience in alignment with national priorities.
• Experience Centre & Demonstrations: Attendees explored Bentley’s latest innovations through immersive demonstrations, showcasing real-world applications of digital twins and AI-driven workflows.

Illuminate Mumbai 2026 reinforced Bentley’s commitment to supporting India’s infrastructure ambitions by enabling a data-driven, AI-powered, and digitally connected ecosystem.

·     The partnership will be with MMRDA & CIDCO, aimed at accelerating Foreign Direct Investment (FDI) over the next 10 years

·    The collaboration has the potential to generate approximately ~3 lakh direct and indirect jobs

RMZ, the group owned by the Menda family and Asia’s leading integrated alternative-assets platform, today announced a strategic investment partnership with Mumbai Metropolitan Region Development Authority (MMRDA) and City & Industrial Development Corporation of Maharashtra Limited (CIDCO) at the World Economic Forum (WEF) Annual Meeting 2026 in Davos. Under this strategic partnership, RMZ will facilitate investments of up to USD 30 billion across theMumbaiMetropolitan Region over thenext ten years in a phased mannerwiththepotential to generateapproximately3lakhdirectandindirectjobs across theproject lifecycle.Thecollaboration is aimed at driving economic growth through FDI in urban, regional, and infrastructure development.

Aspartofthe partnershipwithMMRDA,RMZwillleadinvestmentstructuringandcapitalmobilisation, along with master planning, development, and long-term asset management, drawing on global best practices across real estate assets, infrastructure, logistics parks, and data centers. MMRDA will facilitate land identification and aggregation, provide policy level support and planning along with the approval process for the project.

Additionally, as part of the association with CIDCO, RMZ will develop new data centre and commercial projects in Navi Mumbai. The project is expected to commence in the financial year 2026-27, with CIDCO supporting RMZ in obtaining all the necessary permissions, land allotments, approval and clearances from relevant government departments, in line with the existing policies and regulations of the Government of Maharashtra.

“We are excited about announcing the partnership with RMZ as it aligns with Maharashtra’s broader vision to attract large-scale technology-led infrastructure projects, strengthen digital resilience, and support India’s growing demand for data-driven services,” said CIDCO spokesperson. “Navi Mumbai is fast becoming the preferred destination for high-value data centre and digital infrastructure capabilities. Through this collaboration, CIDCO aims to enable planned, future-ready development by facilitating the necessary infrastructure, approvals and ecosystem support required for long-term digital and economic growth.”

Commenting on the partnership, Mr. Manoj Menda, Chairman – Supervisory Board, RMZ, said, “Large, long-duration investments requiremorethan capital; theyrequirealignment, trust, and strong institutional frameworks. Maharashtra’s emphasis on planned development and long-term economic value creation provides the right foundation for such partnerships. This strategic investment partnership reflects RMZ’s commitment to patient capital, sound governance, and building infrastructure platforms designed to deliver enduring economic outcomes.”

The collaboration aims to transform strategic locations into thriving growth hubs, improve connectivity, and accelerate the implementation of key infrastructure projects, thereby driving economic growth and long-term investment certainty for global capital.

Introduces Azura Series — Excellence Reimagined for the ILMCV segment

Launches Tata Trucks. ev—India’s widest electric truck range, based on I-MOEV Architecture – Intelligent Modular Electric Vehicle Architecture

Brings world-class safety to Indian roads — trucks built to meet stringent European safety standards

Boosts customer profitability with industry best payload, fuel efficiency and Fleet Edge digital services

In a landmark move set to transform the Indian trucking landscape, Tata Motors, India’s largest commercial vehicle manufacturer and mobility solutions provider, today launched its next-generation portfolio of 17 trucks, spanning 7 to 55 tonnes, setting new benchmarks in safety, profits and progress. This comprehensive launch introduces the all-new Azura series, the cutting-edge Tata Trucks. ev range, and significant upgrades to the established Prima, Signa, and Ultra platforms. Engineered to conform to stringent global safety standards (ECE R29 03), these trucks maximise earning potential, reduce total cost of ownership and enhance vehicle uptime to deliver greater success to transporters.

Launching the new trucks, Mr. Girish Wagh, MD & CEO, Tata Motors Ltd., said, “India’s trucking landscape is undergoing a rapid transformation, driven by progressive national policies, modern infrastructure, and the rising demand for safer, cleaner, and more efficient logistics. Tata Motors has always led the way in setting benchmarks that shape the industry’s future. With the introduction of our next-generation portfolio—including the all-new Azura series, two advanced high-efficiency powertrains, India’s widest range of zero-emission electric trucks and tippers on our new [-MOEV architecture, significant upgrades to European standard cabins and industry-leading safety features, increased payload and fuel efficiency, all seamlessly integrated with Fleet Edge digital services, we are advancing this legacy. Guided by ‘Better Always’ philosophy, our relentless drive for innovation, deep commitment to localisation, and unwavering focus on customer success embody the vision of ‘Atmanirbhar Bharat’, enhancing India’s self-reliance and aspiration to lead in sustainable mobility.”

Introducing Azura – Excellence Reimagined for the ILMCV segment 

Tata Motors showcased the all-new Azura range. Purpose-built to deliver superior performance, comfort and uptime in the intermediate and light commercial vehicle segment. Engineered to drive productivity, safety and comfort, Azura combines aesthetics with purpose for a fatigue-free driving experience.

Powered by a new 3.6-litre diesel engine delivering best-in-class performance and efficiency, Azura sets a new benchmark for reliability and uptime. The Azura range will be offered in 7 to 19-tonne configurations, perfectly suited for a diverse array of applications-from e-commerce and FMCG distribution to white goods delivery, construction material transport, agricultural and industrial goods movement, as well as intercity, medium-haul, and regional logistics

Highlights of Azura

• New 3.6-litre diesel engine with best-in-class performance and efficiency
• Available in 7 to 19-tonne configurations
• Contemporary styling with bold grille, stylish panels, and signature Trust bar
• All-new walkthrough Cabin with enhanced interiors — Comfortable and safe with D+2 seating configuration, reclining seats, enhanced utility space, ergonomically designed for fatigue-free driving

Bringing World-Class Safety to Indian Roads 

Tata Motors has set a new benchmark for road safety by comprehensively upgrading its entire truck portfolio-including the Signa, Prima, Ultra, and all-new Azura range-to meet the stringent ECE R29 03 global crash safety standard (Euro crash norms). These trucks feature cabins engineered for full frontal; rollover, and side-impact protection, and are equipped with up to 23 India-specific advanced active safety technologies such as adaptive cruise control, lane departure warning, and collision mitigation systems. Real-time driving behaviour monitoring through Fleet Edge, next-gen connected vehicle platform, further enhances safety, making Tata Motors the only Indian manufacturer to elevate its trucks to this coveted international standard.

Boosting Profits with Industry Best Payload, Fuel Efficiency & Fleet Management Engineered to maximise earning potential and reduce total cost of ownership, upgrades done across the Tata Motors trucks range delivers tangible gains that directly boost profitability. Smart enhancements have increased payload capacity by up to 1.8 tonnes, while drivetrain upgrades, led by the advanced 6.7-litre Cummins diesel engine deliver up to 7% better fuel efficiency.

Complementing these engineering advancements is a digitally enabled support ecosystem that enhances fleet visibility and uptime. With the introduction of Fleet Edge Priority, customers can now get several more insights into their fleet including real-time vehicle health insights, predictive analytics, and suggestions to optimise trip management.

Together, these innovations translate into superior payload advantage, significant fuel savings, and optimised asset utilisation for transporters to achieve greater returns on every investment.

Tata Trucks.ev: Driving The Electric Revolution

In Trucking Accelerating India’s transition to green logistics, Tata Motors introduced a comprehensive portfolio of electric trucks spanning 7 to 55 tonnes, based on the new I-MOEV (Intelligent MOdular Electric Vehicle) Architecture, under the Tata Trucks.ev brand. The trucks are engineered for sustainable operations across e-commerce, construction, and port applications. Leading this transformation, the Ultra EV range, India’s most advanced electric light trucks in 7, 9, and 12-tonne configurations, brings zero-emission efficiency to urban, regional, and closed-loop applications, while the Prima E.55S prime mover, with an unmatched 470 kW of power and 453 kWh battery capacity, sets a new benchmark for heavy-duty performance and reduced operating costs. The Prima E.28K tipper further strengthens the portfolio, delivering high torque and rugged endurance for mining and construction, ensuring faster turnaround cycles and complete decarbonization of critical operations.

The Tata Trucks.ev range has been developed through deep localisation with advanced EV architectures, intelligent battery management systems, and key components

Tata Trucks.ev

• Launch of the Ultra EV range: India’s most advanced electric light trucks engineered for efficient, zero-emission operations across urban, regional and closed-loop applications.
• I-MOEV Architecture: Intelligent MOdular Electric Vehicle Architecture: Intelligent. Modular. Built to move India
• Introduction of the Prima E.55S prime mover: Enabling heavy-duty operations with uncompromised performance and lower operating costs.
• Presents the Prima E.28K tipper: Robust, high-torque electric tipper designed to decarbonise mining and construction operations, offering superior endurance, faster turnaround cycles and zero emissions.

The Tata Motors Advantage: Complete Peace Of Mind

In addition to world-class trucks and digital solutions, customers gain from Tata Motors’ Sampoorna Seva 2.0 ecosystem and extensive service network, offering 24×7 support, assured parts availability, connected Fleet Edge services, AMC with driver training, and tailored financing for efficient fleet management.

• The entire process will be independently evaluated by CRISIL, ensuring credibility, fairness, and adherence to the highest industry standards.
• The awards will honor developers/projects across cities (Tier-1, Tier-2, and Tier-3).
• The inaugural event in December will bring together developers, policymakers, and investors on a first-of-its-kind national platform recognizing excellence in Indian real estate.

At a time when India’s property market is evolving into a more transparent, accountable, and quality-driven sector, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has announced the launch of the first-ever CREDAI Awards for Real Estate Excellence, to be held on December 19, 2025, in New Delhi.

This landmark initiative marks a defining moment for Indian real estate — introducing a structured platform to honour developers and projects that build not only at scale but with purpose. Strengthened by reforms such as RERA, GST, IBC, digitisation of land records, and liberalised FDI norms, the Awards also support national priorities such as affordable housing and sustainable urbanisation. They recognise developers who drive innovation, integrity, and responsible growth in the sector

The evaluation process is designed to maintain the highest standards of transparency, credibility, and fairness across all categories.

“The CREDAI Awards are our way of recognising the real changemakers of Indian real estate — those who are raising industry standards, building responsibly, and creating lasting value for the nation,” said Shekhar Patel, President, CREDAI. “These awards stand out for their focus on transparency, sustainability, and integrity, and are independently validated by CRISIL to ensure credibility. In a sector strengthened by reforms like RERA, GST, and IBC, we celebrate developers who combine innovation with accountability, and profit with purpose — shaping communities and leaving a lasting impact for generations.”

The Awards will celebrate excellence across residential, commercial, mixed-use, green developments, senior citizen, and young achiever categories, recognising developers who are transforming the way Indian cities are built and experienced. Each category will be assessed through a transparent, multi-parameter framework, evaluating design, execution, sustainability, and community impact.

By bringing together diverse voices from across the ecosystem, CREDAI aims to strengthen the bridge between policy intent and on-ground practice, ensuring that the industry’s growth remains inclusive, transparent, and future-ready. The inaugural ceremony in December will serve as a landmark platform to celebrate excellence, foster dialogue, and showcase the developers and projects shaping the future of Indian real estate.