Browsing Tag

Redevelopment Mumbai

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SRA has officially stated that no policy exists to rehabilitate first-floor residents of pre-1976 authorized chawls, meaning no redevelopment or surveys have been conducted so far. The clarification responds to queries raised by former MP Gopal Shetty and highlights a major policy gap in Mumbai’s housing system.

Maharashtra Govt Escalates Pressure on SRA: ‘Immediate Action’ Ordered on Chawl First-Floor Regularisation Ahead of BMC Polls

In a sharp November 2025 letter, the Maharashtra government has ordered the Slum Rehabilitation Authority to immediately regularise first-floor tenements in old Mumbai chawls and start issuing rehab flats to long-excluded families. With BMC elections approaching, the Mahayuti alliance is pushing hard to settle a decades-old grievance of lakhs of chawl residents before they go to the polls. Residents and political leaders have welcomed the move, calling it a “historic correction of injustice”.
India’s real estate sector closes 2025 on a stable note as sentiment scores hold above 60. Backed by strong office demand, improving funding conditions, and broad-based regional optimism, the market enters 2026 on firmer, more disciplined foundations.

India’s Real Estate to Become a ₹800 Lakh Crore Powerhouse by 2047 — Tier II Cities to Drive the Next Big Boom

A new Colliers–CII report projects India’s real estate sector to grow 20 times by 2047 — reaching USD 5–10 trillion and contributing up to 20% of GDP. Tier II cities, alternative assets, and redevelopment are set to lead the next big boom in India’s housing and infrastructure story.
MHADA

MHADA to Offer ₹20,000 Monthly Rent for Residents of 96 Most Dangerous Cessed Buildings

MHADA has announced a ₹20,000 monthly rent compensation for tenants of 96 highly dangerous cessed buildings identified in its 2025 pre-monsoon survey. With limited transit housing available, the authority will lease 400 new units for temporary accommodation. All related costs will be recovered from developers or societies redeveloping the affected buildings.
MHADA

MHADA Opens Doors for Forgotten Tenants: Transit Camp Residents

MHADA has opened the online application process for displaced tenants and their legal heirs living in transit camps across Mumbai. These families, who vacated unsafe or non-redevelopable buildings years ago, can now apply for permanent tenements before the May 20, 2025 deadline.