Mumbai, Pune to See ₹70,000 Cr Affordable Housing Push; 3.5 Million Homes Planned by 2030

Mumbai and Pune will see a housing revolution with INR 70,000 crore investment targeting 3.5 million affordable homes by 2030, according to a JLL–NAREDCO report. The blueprint highlights new growth corridors, policy incentives, and redevelopment to address the affordability crisis.

BJP Wants to Extend the Self-Redevelopment Policy for SRA Too

Mumbai BJP chief MLA Ameet Satam has called for the extension of the self-redevelopment policy to SRA projects. If approved, the move could speed up redevelopment for 286 slum buildings in Chandivali and benefit lakhs of Mumbaikars.

Mumbai Redevelopment to Unlock 44,000+ Homes Worth ₹1.3 Trillion by 2030

Mumbai’s housing landscape is set for a major transformation with over 44,000 homes worth ₹1.3 trillion expected through society redevelopment by 2030. Suburban corridors lead with 96% of deals, while the state government eyes over ₹20,800 crore in revenue.

BJP Constitutes Special Study Group to Tackle OC Certificate Delays in Mumbai Housing Societies

The BJP’s Mumbai unit has formed a four-member study group to tackle the city’s long-standing Occupation Certificate (OC) delays that have left thousands of housing societies in limbo. Guided by former MP Gopal Shetty, the committee will investigate the issue and propose measures to bring relief to affected homebuyers.

Court Refuses to Stall Khernagar Redevelopment

The Bombay High Court has allowed Khernagar Adarsh CHS’s redevelopment to move ahead under Kumar Vibes, rejecting Huges Real Estate’s bid to block the project. The Court held that no concluded contract existed under revised terms and that residents’ right to safe housing outweighed the developer’s profit claims.