In the silk stocking enclaves of south Mumbai, such as Malabar Hill, Walkeshwar, Nepean Sea Road, and Altamount Road, redevelopment fever has now swept through some of the top housing societies
These are upscale areas where new apartments can cost more than Rs 1 lakh per square foot. Many of the city’s A-list developers are also chasing after these societies, rushing to submit their bids for lucrative redevelopment projects
https://www.constructionworld.in/latest-construction-news/real-estate-news/redevelopment-of-housing-societies-in-south-mumbai/38351
Source: Construction World
