Browsing Tag
urban renewal Mumbai
4 posts
Mumbai to Get Its Second Marine Drive? Dharavi Riverfront Plan Revealed
Dharavi’s long-awaited makeover is finally underway, and at the heart of it lies a bold vision — a riverfront promenade along the Mithi River that could rival Marine Drive. As part of Mumbai’s most ambitious redevelopment plan, Dharavi is set to become a model of modern, inclusive urban living with integrated transport, public spaces, and resilient infrastructure.
Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai
The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.
Will These Three Major Redevelopment Projects Change Mumbai’s Fortune?
Mumbai is on the brink of a major transformation with ambitious redevelopment projects in Dharavi, Kamathipura, and BDD Chawl. These initiatives aim to modernize the city’s infrastructure, improve living conditions, and address historical and social challenges, promising to significantly alter Mumbai’s urban landscape and real estate dynamics.