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Maharashtra has approved additional FSI incentives for redevelopment of aging chawls and buildings on Mumbai's historic mill lands, aiming to unlock hundreds of stalled projects across Parel, Lower Parel, and Girangaon through amendments to DCPR 2034.
- 13th Dec 2025
- 1132 Views
Deputy CM Eknath Shinde announces comprehensive housing reforms in Maharashtra Assembly covering pagdi system redevelopment with three-tier FSI model, dedicated fast-track courts for 28,000 pending tenant-landlord disputes, and draft rehabilitation policy for 25,000 SGNP slum dwellers and tribals.
- 13th Dec 2025
- 1133 Views
A sprawling bungalow named Dwarka on Linking Road, Santacruz West, has been acquired for ₹164 crore by ZYJ Estates LLP, marking one of Mumbai's biggest luxury land transactions in 2025 with significant redevelopment potential.
- 13th Dec 2025
- 1132 Views
Chembur and surrounding areas in Mumbai's M West Ward are reportedly facing severe civic distress as rapid redevelopment brings dust pollution, broken roads, traffic snarls, and unchecked encroachments, prompting residents to demand urgent action and sustainable urban planning.
- 9th Dec 2025
- 1149 Views
Raymond Realty has launched Invictus by GS, a ₹2,000 crore ultra-luxury redevelopment in Bandra East featuring six towers with 3 and 4 BHK apartments, strategically located near BKC and Bandra-Worli Sea Link.
- 4th Dec 2025
- 1152 Views
Housing societies across Mumbai's western suburbs are reportedly pushing for unprecedented compensation packages, raising serious concerns among developers about project viability and delivery timelines.
- 3rd Dec 2025
- 1160 Views
The BMC has acknowledged low compliance with its directive mandating air quality monitors for high-value construction projects, while planning stricter C&D waste disposal rules and taking pollution-related action against the Dharavi Redevelopment Project developer.
- 3rd Dec 2025
- 1155 Views
Maharashtra government proposes vertical property cards to document individual flat owners' land shares, bringing transparency to apartment ownership, simplifying resale, loans, and redevelopment across the state.
- 30th Nov 2025
- 1199 Views
Birla Estates announces major expansion into Mumbai's redevelopment sector, planning 8-9 projects worth up to ₹14,000 crore while targeting premium locations including South Mumbai, Bandra, and Juhu for housing society partnerships.
- 30th Nov 2025
- 1178 Views
The Supreme Court has directed the Enforcement Directorate to release 12 V Hotels properties worth ₹4,000 crore to Lodha Developers (Macrotech), including the landmark Centaur Hotel in Juhu, Mumbai, marking a major victory in the corporate insolvency resolution process.
- 30th Nov 2025
- 1166 Views
Mt K Kapital, backed by the Rustomjee Group, has raised over ₹4,000 crore for its second real estate fund, targeting early-stage residential and redevelopment projects across Mumbai, Pune, Bengaluru, and NCR.
- 30th Nov 2025
- 1165 Views
The Permanent Transit Camp (PTC) model is emerging as a practical and risk-free redevelopment framework for Mumbai's slum clusters, separating rehabilitation from construction to unlock land for development while securing housing for residents.
- 30th Nov 2025
- 1175 Views
Oberoi Realty has formalised a redevelopment agreement for a 4,706 sq metre land parcel on Nepean Sea Road in South Mumbai, with an estimated free-sale entitlement of 1.18 lakh sq ft RERA carpet area, marking a significant expansion in the city's premium luxury housing segment.
- 29th Nov 2025
- 1184 Views
Maharashtra government introduces stamp duty concessions for cluster redevelopment flats up to 600 sq ft in Mumbai, offering residents significant cost savings and accelerating urban renewal projects under DCPR 2034.
- 25th Nov 2025
- 1229 Views
The Bombay High Court has directed landlords to commence redevelopment of three demolished Jogeshwari West buildings within six weeks, warning that failure to comply could result in state takeover of the project that has left 56 families displaced since 2022.
- 21st Nov 2025
- 1190 Views
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