Mulund Locals Push Back Against Dharavi Rehabilitation Plans In Area
Mulund residents in Mumbai have opposed the rehabilitation of residents from Dharavi, the biggest slum in Asia, since they believe it will put a burden on the city’s already-existing municipal infrastructure. They claim that Mulund’s demographics will be impacted by the Maharashtra government’s decision. For the Dharavi rehabilitation project, the state government has set aside […]
Ajmera Realty Secures Redevelopment Project In Andheri West, Eyes Rs 320 Cr Revenue
The Ascot Co-operative Housing Society in Shastri Nagar, Andheri West, Mumbai, has had its rehabilitation contract awarded to Ajmera Realty & Infra India Ltd (ARIIL). With a projected carpet size of roughly 71,300 square feet and a total area of 2,319 square meters, the project is anticipated to bring in nearly Rs 320 crore in […]
Dharavi Redevelopment Gains Momentum With Railway Land Rehabilitation & Housing Initiatives
The rehabilitation of the 6.4-acre railway property in Matunga West has begun with the issuance of the commencement certificate (CC). In Phase I, four 36-story staff quarters and railway offices are being built to provide housing for railway workers. Five thousand squatters living on railway property will also receive rehabilitation. According to SVR Srinivas, Chairman […]
Goregaon-Mulund Link Road To Transform Mumbai’s Real Estate Landscape By 2028
Mumbai’s real estate market will be completely transformed by the Goregaon-Mulund Link Road (GMLR), which will significantly increase east-west connectivity. The project, which spans 12.30 kilometres and includes 6.65 km of twin tunnels beneath the Sanjay Gandhi National Park, will cut the travel time from more than an hour to just 25 minutes between Goregaon […]
Dharavi Redevelopment To See Rs 3 Lakh Crore Investment, Says SVR Srinivas
The CEO of the Dharavi Redevelopment Project (DRP) under the Maharashtra Slum Rehabilitation Authority, SVR Srinivas, estimates that the ambitious redevelopment of Dharavi, the largest slum in Asia, which spans 600 acres in Mumbai, will require an investment of almost Rs 3 lakh crore, including rehabilitation and infrastructure development. An Adani Group-led entity, Navbharat Mega […]
Mumbai’s Vertical Growth Sparks Concerns Over Infrastructure Readiness
Residents from Mulund to Lower Parel are questioning whether the city’s infrastructure can keep up with the rapid redevelopment as high-rises continue to change Mumbai’s skyline. Members of the Phoenix Tower B-Wing Co-operative Housing Society Ltd. in Lower Parel pleaded with the Brihanmumbai Municipal Corporation (BMC) earlier this month to delay granting licenses for new […]
Why Mulund Is Becoming Central Mumbai’s Prime Residential Destination
The core suburbs of Mumbai have long been associated with growing residential developments, open areas, and first-rate connections. According to Knight Frank, the Central Suburbs saw the biggest increase in property registrations in December 2024, rising from 29% to 33%. A spike in supply and increased end-user demand in certain areas are the causes of […]
BMC Clears Rs 250 Crore Goregaon-Mulund Tunnel Realignment
The Goregaon-Mulund Link Road (GMLR) tunnel is an infrastructure project that the BMC just started realigning to increase connectivity throughout Mumbai. To resolve issues with the impact on the environment and the community, the realignment attempts to avoid tribal farmlands in Film City, Goregaon East. An additional Rs. 250 crores have been spent as a […]
Is Dubai’s growing Real Estate sector following in Mumbai’s footsteps?
With sales of AED 141.9 billion in Q3 2024 and a 43.9 percent YoY rise in the sales value of apartments over Q3 2023 (according to a recent DXB Interact research), Dubai’s real estate market demonstrates stability and development, cementing Dubai’s position as a prominent, secure investment destination. These strong results only illustrate the market’s […]
PIL in HC Challenges Mulund Salt-Pan and Transfer for Dharavi Redevelopment
A lawyer filed a public interest litigation in the Bombay High Court on Monday, challenging the Centre’s transfer of salt-pan land in Mulund to the Maharashtra government, which will be used in part to rehabilitate certain Dharavi inhabitants. Sagar Devre, a Mumbai resident, noted in his appeal that salt-pan lands are a highly sensitive aspect […]