Mahindra Lifespaces Developers has acquired redevelopment rights for two adjacent housing societies in Mumbai's Chembur area, representing a combined development potential of ₹1,700 crore across 4.4 acres.

Puravankara acquires redevelopment rights for 8 housing societies in Mumbai's Chembur spanning 4 acres with ₹2,100 crore GDV. The project adds 1.2 million sq ft to developer's western region portfolio, marking second venture in Chembur micro-market after successful greenfield project response.

Hyderabad-based Ramky Estates & Farms makes its Mumbai debut with a ₹500 crore slum rehabilitation project in Chembur amid growing interest from non-local developers entering the city’s thriving redevelopment market.

The House of Hiranandani has signed agreements to redevelop five housing societies in Mumbai's Chembur suburb, a significant step towards urban renewal. These redevelopment projects, which encompass approximately 15 acres, offer a development potential of over 1.7 million square feet.

Roha Realty and Sabari Group are partnering to revolutionise luxury living in Chembur with sustainable homes and modern facilities. This joint venture contains a 6 lakh sq-ft real estate project with a Rs 1000 crore revenue target. The project will begin in Q1 FY 24-25.