Mahindra Lifespaces has been appointed as the preferred developer for redeveloping four residential societies in Malad West, Mumbai, on a 1.65-acre land parcel with an estimated development potential of ₹800 crore, strengthening the company's urban rejuvenation strategy in the western suburbs

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.

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.

Prestige Group, along with RC Group and Valor Estate, is launching a ₹7,000 crore redevelopment in Bandra, Mumbai, transforming 19 housing societies across four acres into modern residential complexes.