Mumbai's rapid urbanization and construction boom have transformed the city's skyline, but the need for a more human-centric approach in development is more critical than ever.
MumbaiConstructionUrban DevelopmentSustainabilityRedevelopmentReal Estate MumbaiMar 18, 2025

The main challenge is the displacement of communities and the lack of a human-centric approach, which often overlooks the socio-economic and environmental needs of the city.
Adaptive reuse involves repurposing existing buildings, which helps preserve the city's heritage, reduces waste, and minimizes the environmental impact of new construction.
Construction activities contribute significantly to carbon emissions and waste generation, exacerbating pollution and waste management issues in the city.
Improving public transport, water and sewage facilities, and integrating new developments into the existing infrastructure network can enhance the quality of life and support the growing population.
Public spaces such as parks, community centers, and pedestrian-friendly streets are crucial for mental and physical health, fostering a sense of community and enhancing the overall quality of life.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.