India partners with ICAO to study innovative building height regulations around new airports, aiming to balance aviation safety with urban real estate development as the country plans 50 new airports in five years.

Chief Minister Eknath Shinde said that Mumbai will give TDR of up to 10 stories for airport funnel zone building rehabilitation. Redevelopment has been impeded by height constraints as most buildings in this area are 3-4 storeys. This government strategy promotes urban renewal.

How will the Juhu real estate market get affected with AAI reintroducing height restrictions and the stalling of redevelopment of certain Buildings Near Juhu Airport?