Real Estate Mumbai
Mumbai Court Nullifies SRA Acquisition of NESCO Goregaon Land for Slums
The Bombay High Court has invalidated the SRA's acquisition of NESCO land in Goregaon East, citing procedural lapses and the need to respect private property rights. This decision highlights the ongoing challenges in slum redevelopment governance in Mumbai.
Real Estate Maharashtra
Maharashtra Approves Cluster Redevelopment for Mumbai Slums: A Step Towards Urban Renewal
Maharashtra's government has approved a cluster redevelopment plan for Mumbai slums, aiming to transform the city's urban landscape and improve living conditions. Real estate bodies have welcomed the move, describing it as a long-awaited structural reform.
Real Estate Mumbai
Mumbai Slum Redevelopment and Sewage Reuse Policy Gain Cabinet Approval
The Mumbai government has taken significant steps towards urban development and sustainability by approving the slum redevelopment project and a new sewage reuse policy. These initiatives aim to improve living conditions and environmental standards in the city.
Real Estate Maharashtra
Maharashtra Approves Cluster-Based Slum Redevelopment for Mumbai
The Maharashtra government has approved a new cluster-based slum redevelopment scheme for Mumbai, aimed at transforming large informal settlements into integrated urban housing projects. This move is expected to streamline project implementation, attract private investment, and expand housing availability under the Slum Rehabilitation Authority (SRA).
Real Estate Mumbai
Maharashtra Approves Cluster-Based Slum Redevelopment in Mumbai
The Maharashtra government has approved a new cluster redevelopment scheme for slums in Mumbai, aiming to transform informal settlements into integrated housing projects. The plan covers sites larger than 50 acres and is expected to boost construction and employment.
Real Estate Maharashtra
Maharashtra Cabinet Approves Slum Cluster Redevelopment Scheme for Mumbai
The Maharashtra Cabinet has approved a new slum cluster redevelopment scheme for Mumbai, aimed at improving living conditions and urban infrastructure through integrated housing projects.
Real Estate Maharashtra
Maharashtra Cabinet Approves Innovative Slum Cluster Redevelopment Scheme for Mumbai
The Maharashtra Cabinet has approved a groundbreaking slum cluster redevelopment scheme aimed at transforming Mumbai's slums into integrated housing projects, improving urban infrastructure, and fostering economic growth.
Real Estate Maharashtra
Maharashtra Approves Cluster-Based Slum Redevelopment Scheme for Mumbai
The Maharashtra government has approved a cluster redevelopment scheme for slums in Mumbai, aiming to transform informal settlements into integrated housing projects. This initiative, covering 50-acre-plus sites, is expected to boost construction and improve living conditions.
real estate news
Mumbai Real Estate: SRA Seeks New Office Space Near BKC
The Slum Rehabilitation Authority (SRA) is looking to purchase a new office space of about 20,000 sq ft near the Bandra Kurla Complex (BKC) to accommodate its expanding operations.
Real Estate
Mumbai's TDR Policy: A Closer Look at Real Estate Speculation and Urban Inequality
The Transfer of Development Rights (TDR) policy in Mumbai, introduced to achieve public goods and a city without slums, has instead facilitated real estate speculation and income-segregated urban development.
Real Estate Mumbai
Mumbai's ₹80 Crore Slum Redevelopment Scam: Aashapura Group Under EOW Investigation
A major financial fraud amounting to nearly ₹80 crore has been uncovered in the slum redevelopment project (SRA) in Tilak Nagar, Panchsheel Nagar. The Economic Offences Wing (EOW) has registered an FIR against the directors and partners of Aashapura Group, accusing them of embezzlement, misappropriation of funds, and fraudulent diversion of money.
Real Estate Mumbai
Mumbai's Slum Redevelopment Plan: 86 Developer Bids for 47 Projects
The Brihanmumbai Municipal Corporation (BMC) has received 86 developer bids for 47 slum redevelopment projects in Mumbai, marking a significant step towards sustainable urban transformation.
Real Estate Mumbai
Mumbai's Real Estate Giants Compete for Slum Redevelopment Projects
Top real estate firms have submitted bids for 47 slum redevelopment projects on BMC-owned plots. The highest premium bidders will be selected to transform these areas.
Real Estate Maharashtra
Delhi May Embrace Dharavi Model for Slum Redevelopment
Delhi is considering the Dharavi model for slum redevelopment, aiming to transform its urban landscape and provide sustainable housing solutions.
Real Estate Mumbai
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 Estate Maharashtra
Maharashtra's Ambitious Plan to Build 3.5 Million Homes by 2030
Maharashtra has set a bold target to construct 3.5 million homes by 2030, focusing on inclusive and sustainable housing for the underserved population. The state's housing policy aims to address the growing demand for affordable housing and improve living conditions.
Real Estate Mumbai
BMC Launches 64 Slum Redevelopment Projects in 11 Wards of Mumbai
The Brihanmumbai Municipal Corporation (BMC) has initiated 64 slum redevelopment projects across 11 wards in Mumbai, aimed at transforming slum clusters into high-rise buildings. These projects are designed to provide housing to eligible slum dwellers and generate revenue through the sale of flats.
Real Estate Mumbai
Mumbai's MMRDA Secures ₹1500 Crore Loan for Ghatkopar Slum Redevelopment
The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a ₹1500 crore loan from the Bank of Maharashtra (BoM) to fund the first phase of a ₹8498 crore slum redevelopment project in Ghatkopar. This marks a significant step towards inclusive urban renewal in Mumbai.
Real Estate Mumbai
Shiv Sena UBT Criticizes MMRDA’s Compensation Plan, Insists on In-Situ Housing for Slum Dwellers
The Shiv Sena UBT has strongly criticized the MMRDA's compensation plan for slum dwellers, stating that the offered Rs 25 lakh is insufficient for buying a home in Mumbai. They demand in-situ housing to ensure fair and sustainable relocation.
Real Estate
Redevelopment of Worli Slums Sparks Controversy Over Displacement and Environmental Impact
The redevelopment of Worli slums in Mumbai has sparked significant controversy, with residents, environmentalists, and urban planners raising concerns over potential displacement and environmental degradation. Despite the civic administration's support, the project faces a backlash from various stakeholders.