Browsing Tag

slum rehabilitation

29 posts
Slum Rehabilitation Projects Are Quietly Funding Mumbai’s Transport Future

📰 How Slum Rehabilitation Projects Are Quietly Funding Mumbai’s Transport Future

Mumbai real estate, SRA projects, Urban Transport Fund, Maharashtra Government, Slum Rehabilitation, infrastructure funding, redevelopment policy, Mumbai transport, housing and infrastructure, development charges
In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.

17,000 Lives, 31 Hectares, 1 Landmark Project: Mata Ramabai Ambedkar Nagar Redevelopment Kicks Off Today

In a historic step for Mumbai’s redevelopment, work on the Mata Ramabai Ambedkar Nagar project in Ghatkopar begins today. Spanning 31.82 hectares and impacting 17,000 residents, this landmark initiative will deliver free 1 BHK homes, modern infrastructure, and commercial spaces — transforming one of Mumbai’s oldest slum clusters into a model urban community.
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 real estate sector is entering a high-growth phase, with branded residences, REITs, and institutional capital emerging as key drivers, as highlighted at EXCELERATE 2026 in Mumbai.

🏡 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.