Browsing Tag

MMRDA

25 posts
In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.

17,000 Lives, 31 Hectares, 1 Landmark Project: Mata Ramabai Ambedkar Nagar Redevelopment Kicks Off Today

In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.
India’s housing market saw fewer homes sold but higher transaction value in 2025, signalling a structural shift toward premium and luxury housing, according to the ICC–ANAROCK report.

🏡 35 Lakh Homes, ₹50 Lakh Crore Investment: Maharashtra Unveils Massive Housing Push for MMR

Maharashtra has unveiled a ₹50 lakh crore plan to construct 35 lakh homes over the next five years, with 30 lakh targeted for the Mumbai Metropolitan Region by 2030. The drive focuses on redevelopment, slum rehabilitation, and affordable housing to transform the urban landscape.
Dharavi, Asia's largest slum

Maharashtra Govt Sets Up Committee to Resolve Salt Pan Land Legal Disputes for Dharavi Redevelopment

The Maharashtra government has set up a committee to resolve pending court cases over salt pan lands at Kanjurmarg and Bhandup, crucial for the Dharavi Redevelopment Project. The move clears the way for construction of rental and affordable housing for ineligible residents displaced under the scheme. The panel, led by senior officials including the Additional Chief Secretaries of Revenue, Housing, and Urban Development, will guide legal action to unlock 255.9 acres of land approved for transfer by the Centre.

NSE to Build New HQ on ₹757.90 Crore Land in BKC Allotted by MMRDA

The National Stock Exchange of India is set to expand its footprint in Mumbai as MMRDA allots Plot C-82 in BKC for ₹757.90 crore. The new administrative headquarters will further strengthen BKC’s status as a premier financial district.
BKC

MMRDA’s BKC Plot Auction Fetches Record-Breaking Prices: Sumitomo and Brookfield Secure Prime Land

The Mumbai Metropolitan Region Development Authority (MMRDA) has set a new record with its latest land auction in Bandra-Kurla Complex (BKC), fetching prices well above the reserve rate. Sumitomo Corporation acquired two prime plots at ₹4,82,000 per square meter, while Brookfield secured another at ₹3,87,000 per square meter. This historic auction highlights BKC’s growing demand among global investors and reinforces Mumbai’s status as a premier commercial hub.