Browsing Tag

slum rehabilitation

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Maharashtra has become India’s leading green building state, powered by progressive FAR incentives, mandatory IGBC ratings, and a strong partnership with the CII Indian Green Building Council. Cities like Mumbai and Pune now anchor India’s largest green building footprint and net zero movement.

35% Green Space Now Mandatory in Mumbai’s SRA Projects

A new government circular mandates that all SRA schemes on reserved land must keep 35% of the total plot area as contiguous, developed public open space with free citizen access. A Special Monitoring Committee has been formed to prevent violations and ensure the developed park is handed over to the local municipality within 90 days of project completion.
building permission for the last 25% of the free-sale component will be granted only after the entire required amount is deposited with SRA.

🏗 Builders to Pay Corpus First in SRA Projects Before Selling Homes

Maharashtra has tightened rules for SRA projects, requiring developers to deposit the full rehab corpus before selling free-sale flats. The move aims to plug financial gaps, secure slum rehabilitation funds, and speed up redevelopment timelines in Mumbai.
India’s housing market saw fewer homes sold but higher transaction value in 2025, signalling a structural shift toward premium and luxury housing, according to the ICC–ANAROCK report.

🏡 35 Lakh Homes, ₹50 Lakh Crore Investment: Maharashtra Unveils Massive Housing Push for MMR

Maharashtra has unveiled a ₹50 lakh crore plan to construct 35 lakh homes over the next five years, with 30 lakh targeted for the Mumbai Metropolitan Region by 2030. The drive focuses on redevelopment, slum rehabilitation, and affordable housing to transform the urban landscape.
The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.

📰 FSI Beyond 4! Maharashtra Cabinet Approves New Cluster Redevelopment Model for Mumbai Slums

The Maharashtra Cabinet has cleared a new cluster redevelopment scheme for Mumbai slums, allowing FSI beyond 4 to enable vertical growth and faster rehabilitation. Focused on 50+ acre clusters, the policy blends urban planning with flexible development models, potentially transforming the city’s skyline.
MahaRERA allows fresh registration for Andheri SRA project after terminating the previous developer.

MahaRERA Grants Fresh Registration for Andheri SRA Project, Puts Old Developer on Hold

In a major relief for stalled redevelopment projects, MahaRERA has approved a fresh registration for the Andheri-based SRA project “A and O Florante”. The previous developer, Charmme Enterprises, was terminated by the SRA due to non-performance. The new promoter, Simran Production LLP, will now take charge, while existing homebuyers’ rights remain protected under regulatory oversight.