Mumbai’s 50% Affordability Stress Triggers Massive Cluster Redevelopment Push
Housing affordability in Mumbai has reached a tipping point, with the city’s affordability index touching nearly 50% — indicating that an average household now spends close to half its income on home loan EMIs. Against the backdrop of shrinking land availability and ageing building stock, the Maharashtra Housing and Area Development Authority (MHADA) has unveiled […]
After 12-Year Legal Battle, Mumbai’s Historic Sindhi Colony Finally Cleared For Redevelopment
November 18, 2025: The Maharashtra government has granted final approval for the long-pending redevelopment of Sindhi Colony in GTB Nagar, bringing relief to nearly 1,200 families who have waited 12 years for the project to move forward. A government resolution issued on Friday by the housing department confirms that Keystone Realtors of the Rustomjee Group […]
GTB Nagar Redevelopment Brings New Hope For Displaced Residents
Juy 14, 2025: For over 1,200 families displaced during the Partition of India, the long wait for secure housing is finally nearing its end. The redevelopment of GTB Nagar in Mumbai marks a new beginning for these predominantly Punjabi and Sikh families, who have endured the trauma of displacement twice—first in 1947, and again in […]
MHADA Selects Rustomjee For Redevelopment Of GTB Nagar Colony
July 2, 2025: The Maharashtra Housing and Area Development Authority (MHADA) has appointed the Rustomjee Group to undertake the redevelopment of 25 buildings in Guru Teg Bahadur (GTB) Nagar, Sion Koliwada, Mumbai. The project will rehouse around 1,200 Sindhi refugee families who migrated from Pakistan post-Independence. MHADA vice president and CEO, Sanjeev Jaiswal, formally handed […]