Tag: Mumbai redevelopment

Mumbai’s Old Buildings Become a Major Source of New Housing

September 15, 2026

Mumbai: Mumbai’s future housing supply is increasingly tied to what already exists on the ground. As the city has little scope to keep expanding through large vacant plots, redevelopment of ageing buildings is becoming a major route for creating new residential space. More than 1,000 redevelopment projects have been launched in Mumbai since 2020, highlighting […]

Mumbai’s Old Buildings Become a Major Source of New Housingmore

₹2,000 Crore Fund Targets Mumbai Redevelopment

August 26, 2026

Fund to back residential development and redevelopment opportunities across MMR MUMBAI: ICICI Prudential Asset Management Co is raising a Rs 2,000 crore residential development fund focused on Mumbai, seeking to invest in housing projects as redevelopment becomes an increasingly important source of new residential supply across established parts of the city. The fund includes a […]

₹2,000 Crore Fund Targets Mumbai Redevelopmentmore

Sanjay N Shah, Founder - B-Right Real Estate Limited

Sanjay N. Shah, Founder or B-Right Real Estate Limited | Exclusive Interview | Realty Quarter

August 25, 2026

Mumbai’s redevelopment landscape is entering a new phase, with Permanent Transit Camp (PTC) development emerging as an important opportunity for real estate developers. In this exclusive Realty Quarter interview, Pawan Chauhan, Founder of Realty Quarter, speaks with Sanjay N. Shah, Founder of B-Right Real Estate Limited, about Mumbai’s redevelopment market, PTC opportunities and the company’s […]

Sanjay N. Shah, Founder or B-Right Real Estate Limited | Exclusive Interview | Realty Quartermore

B-Right Real Estate Emerging as One of Mumbai’s Biggest PTC Developers, Strengthens Position in Mumbai’s Redevelopment Market

Mumbai, August 19, 2026: Mumbai has been constantly shedding its old skin over the last decade. From ageing housing societies and congested neighbourhoods to large-scale infrastructure projects, redevelopment has increasingly become one of the defining themes of the city’s real estate market. As redevelopment gathers pace, developers are increasingly looking beyond conventional models and exploring […]

B-Right Real Estate Emerging as One of Mumbai’s Biggest PTC Developers, Strengthens Position in Mumbai’s Redevelopment Marketmore

Powai SRA Project Clears Major Hurdle After BMC Approves Tree Removal Plan

August 1, 2026

Balancing Redevelopment with Environmental Responsibility Urban redevelopment in Mumbai is increasingly becoming a test of how infrastructure expansion can coexist with environmental conservation. The latest approval granted by the Brihanmumbai Municipal Corporation (BMC) Tree Authority for a major Slum Rehabilitation Authority (SRA) project in Powai reflects this delicate balance, combining large-scale rehabilitation with regulated environmental […]

Powai SRA Project Clears Major Hurdle After BMC Approves Tree Removal Planmore

BMC Eyes Mulund Land for Dharavi Redevelopment

July 29, 2026

Mumbai’s ambitious Dharavi Redevelopment Project (DRP) has moved a step closer to securing crucial infrastructure support, with the Brihanmumbai Municipal Corporation (BMC) proposing to lease 15 acres of reclaimed land at the Mulund dumping ground. The land is intended to facilitate construction-related activities for one of the country’s largest urban redevelopment initiatives while also generating […]

BMC Eyes Mulund Land for Dharavi Redevelopmentmore

Dharavi Redevelopment to Shape Mumbai’s Next Phase of Urban Growth

July 20, 2026

Mumbai Chief Minister Devendra Fadnavis has announced a series of major urban renewal and housing initiatives, with the Dharavi Redevelopment Project emerging as the centrepiece of the state’s redevelopment agenda. Envisioned as an economic transformation programme as much as a housing initiative, the project aims to modernise infrastructure, strengthen connectivity and generate employment opportunities. The […]

Dharavi Redevelopment to Shape Mumbai’s Next Phase of Urban Growthmore

ITAT Ruling Brings Tax Clarity to Redevelopment Rights Transfers

July 17, 2026

A recent ruling by the Mumbai Income Tax Appellate Tribunal (ITAT) has provided significant clarity for property owners participating in redevelopment projects. The tribunal has held that compensation received from the transfer of redevelopment rights should be treated as ‘capital gains’ and not as ‘income from other sources’, potentially impacting thousands of redevelopment agreements across […]

ITAT Ruling Brings Tax Clarity to Redevelopment Rights Transfersmore

MHADA’s Section 79A Revival: A Critical Step Towards Safer Housing

July 15, 2026

Mumbai’s redevelopment landscape could witness a major transformation after the Maharashtra Legislature approved amendments to the Maharashtra Housing and Area Development Authority (MHADA) Act, reviving the implementation of Section 79A. Having received approval from both Houses of the State Legislature, the amendment now awaits the Governor’s assent. The move is significant because it seeks to […]

MHADA’s Section 79A Revival: A Critical Step Towards Safer Housingmore

SRA tightens scrutiny on rehab buildings without OC

May 27, 2026

Mumbai’s Slum Rehabilitation Authority (SRA) has launched a major enforcement drive against rehabilitation buildings functioning without Occupancy Certificates (OC), exposing a serious compliance gap within the city’s redevelopment sector. As per SRA data, 219 rehabilitation buildings spread across Mumbai’s 24 administrative wards have been handed over to eligible slum residents despite lacking mandatory Occupancy Certificates. […]

SRA tightens scrutiny on rehab buildings without OCmore