Discover comprehensive solutions to Mumbai's severe housing crisis. Learn about MHADA schemes, PMAY benefits, affordable housing options, and expert recommendations for homebuyers in India's financial capital.

Maharashtra government opens 6,021 acres of Mumbai's habitable land for development, targeting slum rehabilitation and affordable housing in unprecedented urban renewal initiative.

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.

GTB Nagar undergoes major redevelopment by Rustomjee Group benefiting 1200 Sindhi refugee families with modern homes, safety upgrades and community preservation in phased construction.

MMRDA has invited construction bids for 5,623 homes under Phase 1 of its first-ever independent slum redevelopment project at Ramabai Nagar, Ghatkopar. Project includes towers, civic amenities & a freeway link.

MHADA has announced plans to construct 8 lakh homes in the next five years, prioritizing affordable and rental housing for mill workers, dabbawallas, and lower-income groups. The initiative aims to boost urban redevelopment and enhance housing accessibility across Maharashtra.

Gautam Adani, chairman of the Adani Group, said the Dharavi rehabilitation project is more than urban regeneration; it will change the lives of nearly one million people in one of the world's greatest slums. Adani said at Mumbai's Jai Hind College that the project would restore Dharavi's dignity.

Mumbai: Leasehold housing societies can now convert to freehold for a fraction of the Ready Reckoner (RR) fee. The state has granted leasehold housing societies this concession, analogous to collector's land (class 2 occupation).

In Mumbai, where 40% live in slums, finding a house is difficult. Despite government pledges, many slum redevelopment programmes are unfinished or controversial. Example: Hari Nagar-Shivaji Nagar SRA Housing Society.

According to the Development Control Regulations for Greater Mumbai, Maharashtra has launched a cluster redevelopment project to revitalise Mumbai.