Southern India Developer Enters Mumbai With Multi-Location Redevelopment Portfolio
Mumbai’s urban renewal cycle is witnessing a new phase as a southern India–based real estate developer forays into the Mumbai Metropolitan Region with a multi-location redevelopment portfolio. The development reflects rising interest in Mumbai’s redevelopment-driven growth model as the city confronts the need to replace ageing housing stock with safer and more efficient structures. Industry […]
CREDAI-MCHI: Rs 30,000 Cr Redevelopment Opportunity In MMR Across 25,000 Buildings
Real estate developers’ apex group CREDAI-MCHI said on May 8 that more than 25,000 structures in the Mumbai Metropolitan Region (MMR) are eligible for renovation, with a total projected project value exceeding Rs 30,000 crore. The agency stressed the need to proactively address viability difficulties to fully realise Mumbai’s redevelopment potential. The cost of approval […]