Breaking Free from MHADA’s Slow Redevelopment Cycle
The Mishra family has lived in a 220-square-foot room in a housing community in Kalachowkie in Parel for three generations. Radheshyam Mishra moved in with his family of seven in 1991 when he was 32 years old. Although it was difficult, the Mishras were glad to live in a city with some of the priciest […]
84-Year-Old Matunga Kapol Society Gets HC Nod for Redevelopment
The reconstruction of the 84-year-old Matunga Kapol Co-operative Housing Society under M/s Vallabh Developers has been approved by the Bombay High Court. A Divisional Joint Registrar (DJR) order dated September 30 that revoked the assistant registrar’s no-objection certificate (NOC) for the society’s renovation in December 2022 was overturned by the court. 37 members of the […]
Crawford Market Redevelopment: New Fish and Mutton Wing Set to Open Soon
Phase 2 of the 154-year-old Crawford Market’s renovation, formally called the Mahatma Jotiba Phule Mandai, has seen the completion of two buildings: a new Block 3 for fish vendors and Block 4 for mutton traders. According to a civic official in the BMC’s markets department, both blocks would be functioning within 15 days. Crawford Market’s […]
Bombay HC Approves Redevelopment of 25 Housing Societies at Sion’s GTB Nagar
The Bombay High Court rejected a challenge filed by Navi Mumbai-based developer Lakhani Housing Corporation, opening the way to renovate 25 housing societies in Sion’s GTB Nagar. The Maharashtra Housing and Area Development Authority (MHADA), which has been designated as the project’s special planning authority, will now oversee the reconstruction of the 11.20-acre site. A […]
Mumbai’s Nine Railway Stations Set for Upscale Redevelopment Makeover
With plans to renovate several of the city’s ageing stations into bustling hubs with office and commercial space, the rail network in Abu Dhabi is undergoing a significant overhaul. The Mumbai Railway Vikas Corporation (MRVC) is in charge of the rehabilitation project, which intends to increase revenue and enhance passenger services by making the most […]
Mumbai Real Estate to See 20+ Years of Redevelopment, Says Boman Irani
According to Boman Irani, CMD of Rustomjee Group, better known as Keystone Realtors, redevelopment in Mumbai has been here for more than 20 years and presents enormous prospects for new real estate developers wishing to enter the market from other cities. Since a lot of developers are vying for this sector, I don’t worry about […]
Navi Mumbai Redevelopment Fuels Parking Woes
Once hailed as the “City of the 21st Century,” Navi Mumbai is currently reeling from its explosive expansion. Residents complain that parking problems, which are already severe, are getting worse as redevelopment changes the cityscape. Increased traffic and a lack of parking spots, particularly in central sectors, are the results of the growth of new […]
Dharavi’s Transformation: How Mahayuti’s Drive and Adani’s Bid Propel Redevelopment
The Dharavi Redevelopment Project (DRP) remains the most unusual urban rehabilitation program, to transform Dharavi, one of the world’s largest and most densely populated slums. The slum community, which covers around 590 acres in the heart of Mumbai, has grown over the years into a hub of informal housing, small-scale industry, and a melting pot […]
Dosti Realty Eyes IPO, Warehousing, and MMR Redevelopment
Early this year, Mumbai-based Dosti Realty (DRL) announced plans to launch an Initial Public Offering (IPO) in the next 12 to 24 months, as well as a strategic expansion into the Thane and Bhiwandi storage and logistics sectors. Discussions with bankers are presently underway, and the funds raised through the IPO will be used to […]
Kalbadevi-Zaveri Bazaar to Become ‘Dream Corridor’ with Redevelopment
The historic and commercial district of Kalbadevi and Zaveri Bazaar is ready to enter a new age. Following a recent meeting between Financial Expert Bharatkumar Solanki and engineers from BMC’s DP Plan department, it is apparent that Mumbai’s commercial district will soon become a globally benchmarked ‘Dream Corridor.’ The entire region from Kalbadevi Road, Vitthalwadi […]