Bandra Bay Redevelopment: Rs 1 Trillion Project To Redefine Mumbai’s Western Coastline
November 04, 2025: Once a modest middle-class enclave reclaimed from the Arabian Sea, Bandra Reclamation is undergoing one of Mumbai’s most dramatic transformations. The Bandra Bay Redevelopment Project, a Rs 1 trillion luxury real estate venture, is set to reshape the city’s western waterfront into a premium urban district. The rebranding from Bandra Reclamation to […]
Maharashtra Proposes DCPR Amendments To Boost MHADA Redevelopment Viability
November 03, 2025: The Maharashtra government has initiated a proposal to amend the Development Control and Promotion Regulations (DCPR) 2034 for Greater Mumbai to enhance the feasibility and financial viability of redevelopment projects under the Maharashtra Housing and Area Development Authority (MHADA). The proposal follows a request from MHADA, which had written to the state […]
Bandra Reclamation’s Rs 1 Lakh Crore Makeover To Create ‘Bandra Bay’ — Mumbai’s New Coastal Landmark
October 30, 2025: Mumbai’s Bandra Reclamation is poised for a dramatic transformation into a high-end waterfront district, soon to be branded as ‘Bandra Bay’, reshaping the city’s western skyline. Once a government housing colony, the precinct is now the focus of a Rs 1 lakh crore cluster redevelopment plan that envisions luxury towers, a marina, […]
MHADA Gives Green Signal To Redevelop 17 Dilapidated PMGP Buildings In Andheri East
October 10, 2025: After years of uncertainty, the long-awaited redevelopment of 17 severely dilapidated PMGP buildings in Poornanagar, Andheri East, has finally received the green signal from the Maharashtra Housing and Area Development Authority (MHADA). The decision was taken during a key review meeting between MP Ravindra Waikar and MHADA Vice President and CEO Sanjeev […]
Redevelopment Work Begins On Goregaon’s Motilal Nagar Colony
October 10, 2025: Initial work has commenced on the long-awaited redevelopment of Motilal Nagar 1, 2, and 3 in Goregaon West, one of Mumbai’s largest housing renewal projects. The work, which began two weeks ago, marks the start of a massive transformation across 143 acres—making it the second-largest redevelopment project in the city. According to […]
MHADA Introduces New Premium Formula To Boost Redevelopment Viability In Mumbai
October 07, 2025: The Maharashtra Housing and Area Development Authority (MHADA) has revised how it calculates premiums for commercial space in redevelopment projects under its Mumbai Board, replacing the earlier rule that charged 1.5 times the residential rate for additional commercial floor space. The move comes after years of appeals from developers and housing societies, […]
MHADA Revises Premium And Payment Norms To Boost Redevelopment Of Mumbai’s Ageing Housing Societies
October 07, 2025: In a move aimed at making redevelopment projects across Mumbai more viable, the Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy, easing both premium charges and payment terms for developers and housing societies. Under the updated policy, MHADA has modified the calculation of premiums for commercial floor […]
Mumbai’s Redevelopment Boom Reshaping City Skyline
September 24, 2025: Mumbai is witnessing one of the most ambitious urban redevelopment drives in its history, as ageing societies and cessed buildings across the city give way to modern high-rises offering safety, comfort and improved living standards. Redevelopment now contributes nearly 30–40% of new housing supply, with over 31,000 society projects sanctioned by the […]
Mumbai’s Redevelopment Boom Reshaping City Skyline
September 24, 2025: Mumbai is witnessing one of the most ambitious urban redevelopment drives in its history, as ageing societies and cessed buildings across the city give way to modern high-rises offering safety, comfort and improved living standards. Redevelopment now contributes nearly 30–40 % of new housing supply, with over 31,000 society projects sanctioned by […]
Redevelopment Of 910 Housing Societies To Add Over 44,000 New Homes In Mumbai By 2030
September 11, 2025: Mumbai’s housing landscape is set for a major transformation as 910 housing societies currently under redevelopment are expected to deliver 44,277 new homes by 2030, according to Upgrading Mumbai – The Redevelopment Story, a report released by international property consultant Knight Frank. The majority of these homes—32,354—will come up in the western […]