Patra Chawl Residents In Mumbai To Stage Protest Against MHADA Over PAA Delay
July 14, 2025:Residents of the Patra Chawl redevelopment project in Goregaon, Mumbai, have announced a protest against the Maharashtra Housing and Area Development Authority (MHADA), scheduled for July 15. Their primary demand is the issuance of Permanent Alternate Accommodation (PAA) agreements prior to possession of their new homes. While MHADA has offered to issue allotment […]
Experts Decode Borivali’s Real Estate Growth Story
June 27, 2025: Borivali, a western suburb of Mumbai, is undergoing a notable transformation, rapidly gaining prominence in the city’s real estate landscape. The Borivali-Goregaon corridor recorded home sales worth Rs 40,083 crore in FY 2024–25, reflecting a 39% year-on-year rise. This sharp increase is primarily attributed to widespread redevelopment initiatives and sustained buyer demand, […]
Mumbai’s Race To Rebuild: Redevelopment Boom Reshapes The Skyline
In a sign of Mumbai’s vertical evolution, a prominent building on the elite Carter Road in Bandra—reportedly home to Bollywood icon Shah Rukh Khan—is now up for redevelopment. While the actor’s star power might generate headlines, developers eyeing this project are driven by deeper market dynamics. With space at a premium, Mumbai’s only viable option […]
From Bengaluru To Hyderabad: Why Builders Are Flocking To Mumbai’s Redevelopment Scene
Mumbai’s post-pandemic real estate resurgence has sparked a surge in redevelopment activity—and it’s now attracting developers from beyond the city. One of the latest entrants is Hyderabad-based Ramky Estates & Farms, which recently forayed into the Mumbai market with a 1.5-acre slum rehabilitation project in Chembur, reportedly valued at ₹500 crore. This marks the firm’s […]
Can Mumbai Reach New Heights Through Redevelopment?
Once synonymous with charm, community, and culture, Bombay was more than a city—it was a feeling. With its sea-kissed balconies, Irani cafés, and iconic taxis, it stood as a mosaic of art, cinema, and opportunity. Today’s Mumbai, however, bears the strain of rapid urban growth, overpopulation, and ageing infrastructure. Home to one of the highest […]
CREDAI-MCHI Hosts Industry Panel On GST Relief Judgement For Redevelopment Schemes
CREDAI-MCHI yesterday hosted a focused knowledge seminar at its Mumbai office to decode the implications of the recent Bombay High Court order in the matter of M/s Shrinivasa Realcon Pvt Ltd vs Deputy Commissioner, Anti-Evasion Branch, a ruling that has delivered significant GST relief for homeowners involved in redevelopment projects. The seminar featured expert insights […]
Massive Redevelopment Cleared For Bandra Reclamation & Worli’s Adarsh Nagar
In a landmark move to revitalise Mumbai’s ageing residential infrastructure, the Maharashtra government has approved the large-scale redevelopment of two major housing colonies—Bandra Reclamation and Adarsh Nagar in Worli. An official notification issued on Friday brings both projects under the ambit of Development Control Regulation (DCR) 33(5), specifically tailored for Maharashtra Housing and Area Development […]