Exclusive: BMC Seeks Special Planning Authority Status for SRA Projects on Its Land

The BMC has requested Special Planning Authority status for SRA projects on its land, hoping to accelerate redevelopment efforts. However, experts warn that this move could diminish the role of the SRA in managing slum rehabilitation in Mumbai. The proposal awaits discussion once the new state government is formed.

MHADA issues Tender for Abhyudaya Nagar Redevelopment

The Mumbai Board of MHADA has released a tender for the redevelopment of Abhyudaya Nagar Colony, following government approval. This project aims to improve living conditions for approximately 15,000 residents, offering modern amenities and expanded living spaces after years of delays.

CREDAI-MCHI Launches Exhibition to Streamline Redevelopment in Mumbai

CREDAI-MCHI has launched the inaugural “Ease of Doing Redevelopment (EODR)” exhibition in Mumbai, aimed at simplifying the redevelopment processes for over 900 housing societies. The event features direct interactions with more than 40 developers and includes the release of a comprehensive report on the redevelopment landscape, highlighting key industry players and insights into effective strategies.

Enhanced Connectivity and Redevelopment Fuel South Central Mumbai’s Real Estate Boom

South Central Mumbai is experiencing a remarkable real estate transformation, with old buildings making way for luxurious high-rises. Enhanced connectivity from new infrastructure projects, including the coastal road and Metro Line 3, is attracting homebuyers to this historically rich area. As capital values rise and demand for housing increases, South Central Mumbai is emerging as a prime market that offers more than just residences—it’s becoming a desirable lifestyle choice.

NAREDCO Maharashtra to Host Major Real Estate Forum in Mumbai

The National Real Estate Development Council (NAREDCO) Maharashtra Chapter will host The…