Mumbai Slum Redevelopment: Over 50 Developers Show Interest in BMC Projects
Over 50 leading real estate firms have expressed interest in redeveloping 64 slum clusters on BMC plots. The pre-bid meeting discussed key conditions, incentives, and challenges.
Real EstateSlum RedevelopmentBmcMumbaiHousing ProjectsReal Estate MumbaiMay 24, 2025
On May 10, the BMC invited Expressions of Interest (EOI) from developers for redeveloping 64 slum rehabilitation projects on municipal land under Regulation 33(10) of DCPR-2034. Leading real estate players like Wadhwa Group, Rustomjee, Dosti Realty, JSW Realty, DHS Group, Jalaram Developers, Nilyog Developers, Asha Developers, and Chandak Realty have shown interest. Developers raised key concerns, including the need for accurate slum household surveys to determine eligibility and greater flexibility in land reservations, which currently restrict the buildable area for redevelopment.
Some of the slum clusters are located in Shimpoli in Borivli, Goregaon East, Malad East, Lower Parel, Dindoshi, Wadala, Govandi, and Ghatkopar. Developers will be responsible for the entire process—from conducting slum surveys and preparing redevelopment plans to securing permissions, constructing both rehabilitation and sale units, and managing post-occupancy maintenance. As per the public notice, developers with prior experience in slum or housing rehabilitation and who meet the necessary technical and financial criteria will be considered.
The BMC said the notice aims to create public awareness, attract capable developers, and further an inclusive redevelopment agenda for the city. The last date for bid submission is June 10, with eligibility and technical bids to be opened the same day. Technical evaluation will conclude by June 17, followed by the opening of financial proposals.
Frequently Asked Questions
What is the purpose of the BMC's slum redevelopment projects?
The purpose of the BMC's slum redevelopment projects is to create public awareness, attract capable developers, and further an inclusive redevelopment agenda for the city, improving living conditions for slum residents.
When did the BMC invite Expressions of Interest (EOI) from developers?
The BMC invited Expressions of Interest (EOI) from developers on May 10 for redeveloping 64 slum rehabilitation projects on municipal land.
What are some of the key concerns raised by developers during the pre-bid meeting?
Developers raised concerns about the need for accurate slum household surveys to determine eligibility and greater flexibility in land reservations, which currently restrict the buildable area for redevelopment.
What are the responsibilities of developers in the slum redevelopment projects?
Developers are responsible for the entire process, including conducting slum surveys, preparing redevelopment plans, securing permissions, constructing both rehabilitation and sale units, and managing post-occupancy maintenance.
What are the criteria for developers to be considered for these projects?
Developers with prior experience in slum or housing rehabilitation and who meet the necessary technical and financial criteria will be considered for these projects.
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