₹700 Crore Rent Disbursed To Slum Dwellers: SRA Tightens Grip on Defaulting Developers in Mumbai

The SRA has disbursed ₹701 crore in rent to slum dwellers and collected nearly ₹1,000 crore from developers — and now, new rules give it the power to attach assets of defaulting builders. Here’s what that means for Mumbai’s real estate ecosystem.

📰 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.