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Mumbai cluster redevelopment

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After 15 years of delay, MHADA has started PAAA agreements for the ₹893 crore PMGP Colony redevelopment in Jogeshwari, marking a major step toward transforming 942 homes into modern 450 sq ft units.

15-Year Delay Ends: MHADA Begins PAAA Agreements for ₹893 Cr Jogeshwari PMGP Colony Redevelopment

After 15 years of delay, MHADA has started PAAA agreements for the ₹893 crore PMGP Colony redevelopment in Jogeshwari, marking a major step toward transforming 942 homes into modern 450 sq ft units.
Maharashtra Government today approved the MGN Agro Properties-Honest Shelters consortium as the C&D agency for the long-pending redevelopment of Abhyudaya Nagar MHADA colony in Kalachowki. The 33-acre project will provide 620 sq ft flats to over 3,400 families.

Maharashtra Government Greenlights MGN Agro Properties-Honest Shelters Consortium for Landmark Abhyudaya Nagar Redevelopment

Maharashtra Government today approved the MGN Agro Properties-Honest Shelters consortium as the C&D agency for the long-pending redevelopment of Abhyudaya Nagar MHADA colony in Kalachowki. The 33-acre project will provide 620 sq ft flats to over 3,400 families.
The Maharashtra Government has introduced a major stamp duty correction for cluster redevelopment projects, aligning tenant rehab entitlement with DCPR 2034 norms. This long-awaited change will reduce stamp duty by ₹30,000–₹50,000 per flat and could dramatically transform Mumbai’s redevelopment ecosystem.

📰 This Stamp Duty Change Will End Up Changing Mumbai’s Redevelopment Scene

The Maharashtra Government has introduced a major stamp duty correction for cluster redevelopment projects, aligning tenant rehab entitlement with DCPR 2034 norms. This long-awaited change will reduce stamp duty by ₹30,000–₹50,000 per flat and could dramatically transform Mumbai’s redevelopment ecosystem.