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7 Reasons Why Mumbai's New TDR Policy Could Negatively Impact Real Estate Growth

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

By Admin

  • 6th Sep 2024
  • 1197 Views
Maharashtra Unveils Forward-Thinking Housing Policy to Address Future Needs of Elderly Citizens

Maharashtra's senior population is expected to reach 17% by 2036. A housing demand plan has been draughted by the state housing department. Senior housing is precisely defined and has specific planning and building guidelines under Unified Development Control and Promotion.

By Admin

  • 3rd Sep 2024
  • 1188 Views
Mumbai Government to Provide 10-Floor TDR for Redevelopment in Airport Funnel Zone

Chief Minister Eknath Shinde said that Mumbai will give TDR of up to 10 stories for airport funnel zone building rehabilitation. Redevelopment has been impeded by height constraints as most buildings in this area are 3-4 storeys. This government strategy promotes urban renewal.

By Admin

  • 14th Jul 2024
  • 1328 Views
Tribeca Developers and Tejukaya Group Collaborate on a Luxury Project in Parel, South Central Mumbai

Tribeca Developers, the world's largest Trump-branded real estate developer, has partnered with Mumbai's Tejukaya Group. A 2.5-acre premium property lot in south-central Mumbai's Parel neighbourhood will be transformed into a luxurious residential sanctuary.

By Admin

  • 11th Jan 2024
  • 1411 Views
What Is One Of The Primary Factors For The Delay Of Redevelopment Attempts in Mumbai and How Can The Proposed Redevelopment Policy Alter The Game?

The BMC has devised a policy that has been conceptualised and planned in order to facilitate their pursuit of successful redevelopment and prevent them from making the incorrect decision.

By Admin

  • 12th Aug 2023
  • 1305 Views
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