For decades, owning a flat has been regarded as a cornerstone of financial security for India’s middle class, often marketed as a safe, long-term investment that would appreciate in value and support future generations. However, as home prices soar, maintenance costs rise, and ageing buildings raise questions about resale and redevelopment, a growing number of […]
Residents of Worli Koliwada in Mumbai are protesting after the Slum Rehabilitation Authority (SRA) issued notices to initiate termination of the current developer, who is handling major redevelopment projects on nearly six acres of prime land. These notices have sparked anger among residents, citing that they put long-awaited housing projects at risk. Mumbai redevelopment news: […]
Published on: Dec 14, 2025 05:44 am IST Addressing MLAs’ concerns, Fadnavis said the proposed Housing for All policy would enable redevelopment in Mumbai areas where full redevelopment is constrained AI Quick Read MUMBAI: Chief minister Devendra Fadnavis on Saturday announced in the legislative assembly that the government would allot additional incentive FSI to enable […]
Published on: Dec 11, 2025 05:56 am IST Maharashtra government will probe potential scams in Mhada tenders for dilapidated buildings and seeks Supreme Court’s help to lift a stay on redevelopment laws AI Quick Read MUMBAI: Admitting to the prevalence of potential scam in tenders issued by Maharashtra Housing and Area Development Authority (Mhada) to […]
Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure arm of the Mahindra Group, will redevelop a 1.53-acre housing society in Matunga, Mumbai, with an estimated revenue potential of ₹1,010 crore, further strengthening its presence in the city’s micro market. In a regulatory filing on December 3, the company said it has been chosen […]
To avoid any adverse impact on the tunnels of the underground Mumbai Metro Line-3 (Aqua Line), which spans 33 km from Cuffe Parade to Aarey Colony, the Mumbai Metro Rail Corporation (MMRC) has urged all landlords and housing societies within a 50-metre influence zone on either side of the alignment to seek its approval before […]
Raymond Realty announced on December 1 the launch of a premium redevelopment project on a two-acre land parcel in Mumbai’s Bandra East. The project, titled Invictus by GS, BKC, is expected to generate revenue of around ₹2,000 crore. Raymond Realty announced on December 1 the launch of a premium redevelopment project on a two-acre land […]
The Delhi Transport Corporation’s (DTC) plan to redevelop its residential colonies in Shadipur and Hari Nagar into high-rise gated housing societies has been plunged into uncertainty, as the board decided to re-examine the financial feasibility of the projects, officials aware of the matter said. The projects are in Hari Nagar and Shadipur. (Representative photo) Both […]
Mumbai-based, listed real estate developer Oberoi Realty, on November 26, announced that it will redevelop a land parcel measuring 4,706 sq m in South Mumbai’s Nepean Sea Road. Mumbai real estate update: Oberoi Realty, on November 26, announced that it will redevelop a land parcel measuring 4,706 sq m in South Mumbai’s Nepean Sea Road […]
MUMBAI: In a major move, right before the crucial BMC elections, the Maharashtra government has decided to waive stamp duty and registration fees for residents of old buildings who are allotted homes in newly redeveloped buildings under the cluster redevelopment scheme in Mumbai. The decision will be applicable to all those eligible for homes measuring […]
