Mumbai's residential redevelopment is accelerating with enhanced FSI incentives transforming six-storey societies into 18-20 storey towers, benefiting both residents and developers while raising infrastructure concerns.

Maharashtra’s Housing Policy 2025 introduces major incentives for senior living homes—slashing stamp duty to ₹1,000, offering FSI benefits and tax breaks for developers, and planning redevelopment of old-age homes across the state.

Mumbai’s real estate market is witnessing a redevelopment surge in prime areas like Bandra and Colaba, driven by rising demand and government incentives. Experts warn of risks amid intense developer competition and price volatility.

Back-to-work culture will effect the residential real estate market as it grows. This may increase demand for smaller, cheaper city residences. Urban inexpensive housing is becoming more enticing as neighbours, job, and community replace luxuries.