Eknath Shinde Announces Policy Requiring Builders To Deposit Three Years’ Rent To Protect Redevelopment Residents
October 14, 2025: To protect residents affected by stalled redevelopment projects, Maharashtra Deputy Chief Minister Eknath Shinde on Saturday announced a new policy requiring developers to deposit three years’ rent before starting any redevelopment work. The move aims to ensure that residents are not displaced without financial support or left waiting indefinitely for project completion. […]
Mumbai Redevelopment Gets A Boost At EODR 2.0 With 3,000+ Housing Societies & 40 Developers
In a significant step towards revitalising Mumbai’s ageing housing stock, CREDAI-MCHI successfully concluded the Ease of Doing Redevelopment (EODR) 2.0 at the Jio World Convention Centre. The event witnessed an impressive turnout, bringing together over 3,000 housing societies and more than 40 renowned developers, along with legal experts, architects, urban planners, and policymakers. At the […]
Nine Stalled Projects Get Green Light For Construction Restart
The Mumbai traffic police are expected to approve the resumption of building on nine transport and infrastructure projects of the Mumbai Metropolitan Region Development Authority (MMRDA). The decision to provide clearances followed a meeting between Anil Kumbhare, the joint commissioner of police (traffic), and Sanjay Mukherjee, the metropolitan commissioner for MMRDA, on Monday. MMRDA said […]