Re-mumbai

MHADA Plans Over 7 Lakh Homes In Mumbai Metropolitan Region In Five Years

October 13, 2025: The Maharashtra Housing and Area Development Authority (MHADA) aims to generate more than 700,000 homes across the Mumbai Metropolitan Region (MMR) over the next five years, including nearly 550,000 homes in Mumbai, said Sanjeev Jaiswal, Vice President and CEO of MHADA. The projects will encompass affordable housing units sold via lottery, inclusive […]

Mumbai Housing Market Enters New Growth Phase Amid Policy And Regulatory Reforms

October 3, 2025: Mumbai’s property market, often regarded as the benchmark for India’s housing sector, is undergoing a significant transformation driven by policy interventions, regulatory oversight and infrastructure upgrades. Beyond the traditional forces of supply and demand, recent measures by the state government, regulatory authorities and the Supreme Court are reshaping redevelopment and stalled projects, […]

Prestigious Redevelopment Project Announced At Bandra’s Iconic Bandstand

October 1, 2025: Sri Lotus has announced a significant new milestone in its real estate portfolio, confirming its appointment as the developer for a high-profile redevelopment project at Bandstand, Bandra (West), one of Mumbai’s most iconic neighbourhoods. The appointment, disclosed through an exchange filing in line with Regulation 30 of the Securities and Exchange Board […]

Mumbai Housing Societies Get Boost As Court Removes Consent Hurdle

September 15, 2025: In a ruling set to impact Mumbai’s redevelopment sector, the Bombay High Court has held that a new developer appointed after the termination of the original builder does not require the consent of two-thirds of the previous allottees to register a project with the Maharashtra Real Estate Regulatory Authority (MahaRERA). A division […]

Residents Question Future As MHADA Plans To Redevelop Andheri’s SVP Nagar

September 15, 2025: Residents of Sardar Vallabhbhai Patel (SVP) Nagar in Andheri West, one of the largest Maharashtra Housing and Area Development Authority (MHADA) colonies, are uncertain about the future of their homes after the authority declared plans to redevelop the entire cluster. In a letter dated July 7, MHADA Vice-President and Chief Executive Officer […]

Most Redevelopment Projects In Mumbai Stretch Over A Decade, Says Knight Frank

September 12, 2025: Society redevelopment in Mumbai is entering a critical stage, with projects grappling with prolonged timelines and complex structural hurdles, according to a new study by Knight Frank India. The report found that redevelopment projects typically take between eight and 11 years to move from conception to completion. Across the Municipal Corporation of […]

Experts Warn Of Overheating As Mumbai Redevelopment Gains Pace

September 11, 2025: With land scarcity at its peak, redevelopment of old housing societies is fast reshaping Mumbai’s residential landscape and attracting major developers from across the country. According to a Knight Frank report, between 2020 and May 2025, 910 societies in the Brihanmumbai Municipal Corporation (BMC) area signed redevelopment agreements, unlocking nearly 327 acres […]