The Dharavi Redevelopment Project, a Rs 957.9 billion initiative, aims to transform Mumbai’s largest slum into a modern, sustainable community. The project includes advanced digital surveys, affordable rental housing, and the integration of Metro Line 11.
Dharavi Redevelopment ProjectAffordable Rental HousingMetro Line 11Maharashtra GovernmentUrban SustainabilityReal Estate NewsMay 30, 2025
The total budget for the Dharavi Redevelopment Project is Rs 957.9 billion.
The main goal of the Dharavi Redevelopment Project is to transform Dharavi into a modern, sustainable community, improving living conditions and creating job opportunities for its residents.
The project will benefit Dharavi residents by providing affordable rental housing, improving infrastructure, creating green spaces, and promoting sustainable practices. It will also create job opportunities and support local businesses.
The Maharashtra Government is the primary driving force behind the Dharavi Redevelopment Project, collaborating with private developers to ensure the successful implementation of the project.
The project will address environmental sustainability by creating green spaces, implementing waste management systems, and promoting sustainable practices to ensure a healthier living environment.
The real estate market is witnessing a turnaround, with unsold inventory reducing by 31% since 2019, leading to a significant decline in selling time.
Gurgaon is expected to widen the gap with other regions, capitalising on the opportunities presented by the growth in the premium segment, with prices starting from Rs 2 crore.
Face of India 2024, spearheaded by Badal Saboo, is reigniting Pune's fashion scene by blending high fashion with luxury real estate, opening new doors for Indian fashion on the global stage.
Buoyed by the real estate bull run, South Indian real estate giants like Prestige Group, Puravankara, and Sobha are eyeing the lucrative Mumbai property market. With ample opportunities emerging, these developers are strategically positioning themselves t
For the second consecutive quarter in 2024-25 (FY25), the real estate residential sector has seen a decline in new launches and inventory sales, leading to weak performance among listed developers. Despite the challenges, brokerages remain optimistic abou
The National Company Law Tribunal (NCLT), Mumbai, approved the resolution plan for Rite Builtec Private Limited on January 16, 2025, resolving a long-standing Slum Rehabilitation Authority (SRA) project in Devipada, Borivali. The plan, proposed by Aspect