Real Estate India

Dharavi Phase 1 Construction in 2025: 1.5 Lakh Homes

By GeoSquare News Desk · Published 2026-10-07

Dharavi Redevelopment: A Landmark Urban Renewal

The Dharavi redevelopment project, one of the world's largest urban renewal initiatives, is all set to begin its first phase of construction in mid-2025. The project aims to transform the iconic slum into a modern township, with around 1.5 lakh affordable housing units planned as part of the redevelopment.

First Phase and Affordable Housing Impact

The initial construction phase will focus on creating new residential infrastructure, including affordable homes, improved civic amenities, and sustainable urban spaces. For Maharashtra's property buyers and investors, this signals a significant shift in the central Mumbai real estate landscape, with increased supply in the affordable segment.

Opportunities for Buyers and Investors

With the redevelopment gaining momentum, Dharavi is expected to emerge as a key residential hub. The project is likely to boost demand for nearby properties, improve connectivity, and open up new opportunities in the resale and rental markets. As the first phase takes shape, all eyes will be on how this ambitious project reshapes housing in Mumbai.