Browsing Tag

Mumbai redevelopment news

3 posts
MHADA unveils the Motilal Nagar redevelopment master plan, offering 1,600 sq ft RERA carpet homes to residents currently living in 260 sq ft tenements—marking a historic shift in Mumbai’s redevelopment standards.

1,600 Sq Ft RERA Carpet Homes for 260 Sq Ft Tenements

MHADA unveils the Motilal Nagar redevelopment master plan, offering 1,600 sq ft RERA carpet homes to residents currently living in 260 sq ft tenements—marking a historic shift in Mumbai’s redevelopment standards.
Oberoi Realty has signed a development agreement for MHADA-owned land in Versova’s Aram Nagar, with an estimated free sale potential of 17.18 lakh sq ft under DCPR 2034, subject to approvals.

Oberoi Realty Signs MHADA Deal for Versova Project; 17.18 Lakh Sq Ft Sale Potential

Oberoi Realty has signed a development agreement for MHADA-owned land in Versova’s Aram Nagar, with an estimated free sale potential of 17.18 lakh sq ft under DCPR 2034, subject to approvals.
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.