Oberoi Realty has secured a significant development agreement with MHADA for a prime parcel of land in Versova, Andheri West, Mumbai. The transaction promises the developer an estimated 17.18 lakh square feet of free sale area, signaling aggressive growth in the city's prime residential sector.

MHADA, Rustomjee and 25 housing societies sign a INR 4,521 crore redevelopment pact for GTB Nagar in Sion Koliwada, Mumbai. Over 1,200 families to be rehabilitated in modern homes.

A significant tripartite agreement has been executed for the comprehensive redevelopment of Guru Tegh Bahadur Nagar (GTB Nagar) in Mumbai's Sion Koliwada area. The project, involving MHADA and Rustomjee's subsidiary, will modernize housing for approximately 1,200 long-term refugee families.

MHADA approves redevelopment of four unsafe transit buildings in Sion Pratiksha Nagar, Mumbai. Two new 22-floor towers will replace them, offering 322 units to rehouse 261 families and shop owners.

MHADA is set to launch its 2026 Mumbai housing lottery, offering 5,000 affordable flats across Goregaon and other areas. Learn about eligibility, locations, timelines, and income categories in this comprehensive update.

The redeveloped BDD chawl towers in Worli have become a rental hotspot for young professionals paying up to ₹72,000 monthly, while longtime residents adapt to vertical living or choose to rent out their units and relocate.

Maharashtra CM Devendra Fadnavis has announced Mumbai's largest urban transformation initiative, with MHADA leading cluster redevelopment projects across 56 critical layouts to provide dignified housing for thousands while integrating green building standards and modern infrastructure.

Rustomjee Group wins ₹4,521 cr GTB Nagar redevelopment project in Mumbai. MHADA approves 11.19-acre project benefiting 1,400+ families. Stock surges 10% on historic deal announcement.