<h1>Two Indian metros emerge as global real estate contenders amid reforms, needing clearer regulations and enforceable developer obligations</h1> News reports that two Indian metros are emerging as global real estate contenders due to infrastructure upgrades, policy reforms and rising domestic and foreign demand. Legal issues highlighted include the need for stronger regulatory clarity to attract institutional capital, enforcement of developer obligations on quality and project timelines to maintain investor trust, land-use and zoning compliance for integrated mixed-use developments, and comparative tax and investment regimes affecting cross-border capital flows. Continued competitiveness will depend on enforceable transparency, sustainable development standards, clear dispute-resolution mechanisms, and alignment of local regulations with international investor protections.