By Sidhant Shekhar Jha
In a city grappling with space constraints and ageing infrastructure, the second edition of Ease of Doing Redevelopment (EODR) 2.0, organised by CREDAI, set the stage for meaningful dialogue and action around one of Mumbai’s most pressing needs—redevelopment.
The exhibition brought together developers, housing society representatives, architects, and legal experts to exchange ideas and facilitate transparent redevelopment processes across the Mumbai Metropolitan Region (MMR).
Sanjeev Jaiswal, Vice President and CEO of MHADA, stressed the urgent need for a strategic redevelopment push across MMR. “Now, when we talk about Mumbai and the larger MMR, redevelopment is undoubtedly the way forward. There is hardly any vacant land available for fresh development. If we don’t focus on redeveloping existing structures—whether it’s the old cessed buildings in South Mumbai or MHADA’s 140 layouts—the cost of housing will escalate even further. Mumbai already has a high affordability index, and our goal is to unlock the potential of FSI and land value by converting it into usable built-up space.”
His remarks reflect the growing consensus that redevelopment is not just a necessity but a key driver for ensuring housing affordability and efficient land use. The challenge now lies in translating policy intent into seamless, citizen-centric implementation.
Taking this vision a step further, Jaiswal explained how MHADA is proactively reshaping its redevelopment strategy. “MHADA is making a concentrated effort to push for redevelopment, both of cess buildings and their layouts. Additionally, we are moving towards a cluster redevelopment approach, rather than individual buildings. For example, under DCR 33(7), we are working on Kamathipura. In terms of MHADA layouts, several projects are already underway—Bandra Reclamation (Adarsh Nagar) has cabinet approval, Abhyudaya Nagar has been tendered, Aram Nagar is in the final stage of allotment, Motilal Nagar has been allotted, and GTB (Punjabi Colony in Sion) is in the tendering process, pending a matter in the Supreme Court.”
This focus on improving physical infrastructure is reshaping Mumbai’s growth narrative. With expanded reach and reduced travel time, redevelopment projects beyond the city’s core are becoming increasingly viable and attractive for both developers and homebuyers.
