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Maharashtra Proposes DCPR Amendments to Revitalize MHADA Redevelopment Across Mumbai

Maharashtra has proposed key amendments to DCPR 2034 regulations, extending fungible FSI benefits and revising calculation methods to make MHADA redevelopment projects across Greater Mumbai more financially viable for developers and beneficial for tenants.

By Admin

  • 6th Nov 2025
  • 1202 Views
Maharashtra SRA Achieves Major Success with ₹1,100 Crore Recovery in Pending Builder Rent Through Legal Reforms

The Maharashtra Slum Rehabilitation Authority has recovered over ₹1,100 crore in pending rent from builders, with ₹982 crore collected in just two years following legal amendments that empower the authority to attach builder properties and ensure timely compensation for slum tenants.

By Admin

  • 30th Oct 2025
  • 1161 Views
MHADA's ₹1,500 Crore Urban Village Project Set to Transform Mumbai's Historic Kamathipura Neighbourhood

MHADA has unveiled a ₹1,500 crore Urban Village project to redevelop Mumbai's historic Kamathipura neighbourhood, covering 34 acres and rehabilitating over 8,000 stakeholders while preserving the area's cultural heritage.

By Admin

  • 28th Oct 2025
  • 1240 Views
Eknath Shinde Unveils Comprehensive Roadmap to Transform Mumbai's Aging Housing Infrastructure Through Human-Centric Redevelopment

Maharashtra's Deputy Chief Minister Eknath Shinde has outlined an ambitious human-first approach to reshape Mumbai's urban landscape, addressing the critical housing crisis affecting over 13,000 cessed buildings in South Mumbai while introducing comprehensive policies for affordable housing, cluster

By Admin

  • 28th Oct 2025
  • 1204 Views
MHADA Charts Mumbai's Housing Future Through Growth Hubs and Massive Redevelopment Initiatives

MHADA unveils ambitious dual strategy to tackle Mumbai's housing crisis through Growth Hubs targeting 30 lakh affordable homes by 2030 and massive redevelopment projects adding 6 lakh units across the city.

By Admin

  • 28th Oct 2025
  • 1241 Views
Maharashtra Halts ₹150 Crore Mumbadevi Temple Redevelopment Over Security Concerns on Robotic Parking System

Maharashtra government has halted the ₹150 crore Mumbadevi Temple precinct redevelopment in Mumbai after imposing a stay on the proposed ₹130 crore robotic parking facility, leaving congestion and rehabilitation issues unresolved.

By Admin

  • 26th Oct 2025
  • 1191 Views
Bombay High Court Overturns SRA's Goregaon Land Acquisition, Restores NESCO's Property Rights

The Bombay High Court ruled in favour of NESCO Ltd., invalidating the SRA's acquisition of its Goregaon land due to procedural violations and failure to recognise the landowner's redevelopment rights.

By Admin

  • 25th Oct 2025
  • 1177 Views
Mumbai Metro Lines 2A and 7 Shift to Temporary Service Schedule for Line 9 Integration Works

Mumbai Metro Lines 2A and 7 have implemented a temporary service schedule from October 12-18 to facilitate critical integration work with the upcoming Line 9 Phase-I corridor, with first trains starting around 7:00 a.m. instead of the usual 5:25 a.m.

By Admin

  • 16th Oct 2025
  • 1215 Views
Law Firm SNG & Partners Facilitates ₹500 Crore Bond Issuance for Lodha Developers in Strategic Advisory Role

Mumbai-based law firm SNG & Partners has advised on Lodha Developers' ₹500 crore non-convertible debenture issuance, providing legal structuring and compliance oversight for the two-tranche debt instrument placed privately and listed on secondary markets.

By Admin

  • 16th Oct 2025
  • 1172 Views
SNG & Partners Provides Legal Advisory Services for Lodha Developers' ₹500 Crore Debenture Offering

Legal advisory firm SNG & Partners facilitated Lodha Developers Ltd's ₹500 crore non-convertible debenture issuance, providing comprehensive legal services to investors and the debenture trustee while ensuring regulatory compliance and establishing creditor protection frameworks.

By Admin

  • 16th Oct 2025
  • 1170 Views
MMRDA Launches ₹8,498 Crore Ghatkopar Slum Redevelopment: Mumbai's Largest Rehabilitation Project Breaks Ground

MMRDA and SRA have launched the ₹8,498 crore redevelopment of Ramabai Ambedkar Nagar and Kamraj Nagar in Ghatkopar—Mumbai's largest slum rehabilitation project spanning 31.8 hectares with over 17,000 homes, marking a transformative milestone in inclusive urban development.

By Admin

  • 15th Oct 2025
  • 1239 Views
Mumbai Real Estate Industry Contributes ₹3.65 Crore for Flood Relief Through CREDAI-MCHI Initiative

CREDAI-MCHI has contributed ₹3.65 crore to Maharashtra's Chief Minister's Relief Fund for flood relief operations, with 44 member developers participating in this humanitarian initiative presented to CM Devendra Fadnavis in Mumbai.

By Admin

  • 14th Oct 2025
  • 1182 Views
Chandigarh Becomes India's First Slum-Free City After Demolishing Shahpur Colony, Reclaims ₹21,000 Cr Worth Land

Chandigarh has achieved a historic milestone by becoming India's first slum-free city following the demolition of Shahpur Colony in Sector 38 at the end of September 2025, completing a 12-year clearance campaign that reclaimed 520 acres of government land valued at ₹21,000 crore.

By Admin

  • 10th Oct 2025
  • 1239 Views
Maharashtra Cabinet Approves Landmark 50-Acre Cluster Scheme to Transform Mumbai's Slum Pockets

The Maharashtra government has unveiled an ambitious Slum Cluster Redevelopment Scheme targeting 50-acre zones across Mumbai, with the SRA leading integrated housing development featuring modern infrastructure, FSI relaxations, and CRZ inclusion.

By Admin

  • 9th Oct 2025
  • 1242 Views
SRA Seeks 10,000-20,000 Sq Ft Premium Office Space Near BKC to Strengthen Mumbai Operations

Maharashtra's Slum Rehabilitation Authority is searching for 10,000 to 20,000 square feet of premium office space near Bandra Kurla Complex, aiming to enhance operational efficiency and stakeholder coordination in Mumbai's commercial hub.

By Admin

  • 8th Oct 2025
  • 1171 Views
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