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

The Slum Rehabilitation Authority has set an ambitious target of delivering 5.09 lakh new homes for slum dwellers by 2030, more than double the total built in the past 29 years.

Maharashtra drafts new law ensuring timely transit rent payments for slum dwellers during SRA redevelopment through digital banking system with penalties for defaulting developers.

Mumbai's 86 stalled SRA projects receive major relief as Guardian Minister Ashish Shelar grants residents the nod to appoint new developers, while the state recovers ₹735 crore in outstanding dues.

DLF's groundbreaking entry into Mumbai real estate with its first SRA project in Andheri West, launching by Q4 FY2025. Partnering with Trident Group, DLF marks a bold return while achieving a 121% surge in profits.

The government wants to develop 2 lakh homes in Mumbai and Pune within three years, transforming the housing markets. This ambitious plan seeks to eliminate Mumbai slums, increase MHADA lottery possibilities, and revive SRA projects.