Prashant Thakur Anticipates Rising Demand For Redevelopment & Fresh Developments
Mumbai’s real estate market is changing dramatically as a result of massive redevelopment and infrastructure developments. Although there has been a lot of work going on in the city in recent years, many of these projects are now almost finished, changing the urban landscape and opening up new growth pathways. Prashant Thakur, Senior Director & […]
SRA Calls For Developer Applications To Transform Mumbai’s Slums
The application process for developers to be appointed to work on development and redevelopment projects within its purview has been made public by the Slum Rehabilitation Authority (SRA) in Mumbai. Throughout Mumbai, this project seeks to guarantee the methodical implementation of redevelopment plans and expedite rehabilitation. Acquiring the empanelment application forms between March 7th and […]
Redevelopment Fuels Mumbai’s Housing Market—But Who Really Benefits?
“One in every three homes now being sold from a redevelopment project” is one of the significant changes taking place in Mumbai’s real estate market, according to financial expert Akshat Shrivastava. However, in addition to bringing in new, taller buildings, these initiatives raise property values and present serious infrastructure difficulties. “Old buildings are demolished, and […]
Mumbai’s Iconic BDD Chawls’ Redevelopment Gains Momentum
Once a gathering place for industrial workers, Mumbai’s famous BDD chawls are about to undergo a long-awaited makeover. Under an ambitious project led by MHADA and the Maharashtra government, these ageing buildings—which are hampered by their small living spaces—in Worli, Naigaon, NM Joshi Marg, and Sewri are being renovated. The British constructed the 207 chawls […]
SRK’s Sea-Facing Carter Road Building May See Major Redevelopment
According to market sources who spoke to HT, Shahrukh Khan’s flat with a view of the sea at the Shree Amirt CHSL building on Carter Road in Mumbai is anticipated to undergo renovations. Market sources claim that Shahrukh is the owner of a terrace flat in Carter Road’s Shree Amrit CHSL. The land is more […]
Bandra’s Slum-to-Urban Transformation with Oberoi Realty’s 2.5-Acre Redevelopment
According to Oberoi Realty, the Slum Rehabilitation Authority (SRA) has chosen the company to carry out a slum rehabilitation project on a 2.5-acre (about 10,300-square-meter) plot of land in Bandra Reclamation, Mumbai. The Maharashtra Housing and Area Development Authority (MHADA), a government agency responsible for urban housing, owns this site. According to a recent regulatory […]
Piyush Goyal: Mumbai North Set For Big Infra Push And Redevelopment In 2025
Slum redevelopment and expediting important projects like road and railway line extensions are two of the primary initiatives planned this year to drastically change the urban landscape of his Lok Sabha seat, according to Union Minister Piyush Goyal. Last year, Goyal emerged victorious from Mumbai North in his first Lok Sabha elections. According to the […]
Major Redevelopment for Bandra’s Nargis Dutt Nagar Worth Rs 10,000 Crore
Nargis Dutt Nagar, the biggest slum in Bandra, is about to undergo a significant renovation project that is expected to bring in Rs 10,000 crore. Under the Slum Rehabilitation Authority (SRA) program, Roshni Developers and Godrej Properties are leading the Bandra Reclamation project. The renovation would include 3 to 4 BHK homes with a sea […]
New Housing Policy Sparks Backlash From Gaothan Communities
Mumbai Gaothan residents have complained to the Maharashtra Chief Minister about the discrimination the ‘sons of the soil’ in Gaothan localities endure as a result of the 2024 housing strategy. The Watchdog Foundation, a citizens’ organisation, said that the policy changes have led to an unfair difference in the rights of Gaothan inhabitants and those […]
Boman Irani: Redevelopment Drives Growth In Mumbai’s Land-Locked Market
For Mumbai’s real estate developers, Boman Irani, Managing Director of Rustomjee, describes it as an “asset-light model” that provides a significant break from the ever-rising cost of land acquisitions. Irani should be aware that the biggest player in the redevelopment market is Rustomjee, doing business as Keystone Realtors. “Redevelopment will be a major force behind […]