The past two years have been landmark years for India’s real estate landscape; ranging from the formation of a strong regulator on one side to easing of foreign investor norms on the other. The years have also witnessed a major thrust on affordable housing and a strong revision to the Real Estate Investment Trust (REIT) guidelines. The passage of the Real Estate Regulation Act (RERA) was the most significant reform that the real estate sector has seen in recent times. Meeting the long-standing demand of the industry, the implementation of RERA finally took place in 2017. While many states took time to finalize their guidelines, the establishment of a regulatory authority is finally improving both consumer and investor sentiment across India’s housing market. This period was high not only on legislative measures, but also witnessed the government’s renewed focus on achieving its goal of ‘Housing for All by 2022’by promoting the development of affordable housing in the country. During 2016 and 2017, there have been concrete interventions by the government to propel this critical, but a largely neglected segment. Numerous measures have been announced to promote this segment and to encourage private sector participation.