Redevelopment

For luxury independent floors sized 6,000 sq ft, the average price has risen from Rs 19-45 crore in Q3 2024 to Rs 22-53 crore in Q3 2025 in Category A colonies.

Society redevelopments drive Mumbai’s housing pipeline as land scarcity grows

A Knight Frank India report estimates that by 2030, society redevelopment projects in the Mumbai Municipal Corporation of Greater Mumbai (MCGM) region will deliver 44,277 new homes worth Rs 1,305 billion.

Puravankara to redevelop 8 societies in Mumbai with a revenue potential of Rs 2,100 crore

Puravankara already has redevelopment projects in Mumbai’s Breach Candy, Pali Hill and Lokhandwala areas

Rustomjee signs redevelopment deal with 8 Mumbai societies, expects GDV of Rs 3,000 crore

On July 1, the company has got the letter of acceptance for redevelopment project worth Rs 4,521-crore in Mumbai’s GTB Nagar

Delhi’s real estate reforms may trigger major redevelopment, push up property prices

Reforms like the automatic redevelopment of group housing buildings over 50 years old will make luxury upgrades possible, and eligible properties in the Lutyens Zone — such as Prithviraj Road, Barakhamba Road, Kasturba Gandhi Road, and similar areas — may see massive upgrades.

Rustomjee gets letter of acceptance for Rs 4,521-crore redevelopment project in Mumbai

The project, being undertaken in collaboration with the Maharashtra Housing and Area Development Authority, is spread across 11.19-acres

Why This CA Chose Convenience Over Luxury in Mumbai | The Tenant

In this episode of The Tenant, meet Chartered Accountant Satkar Jain, who traded glamour for convenience by renting a modest 2BHK in one of Mumbai’s most practical neighbourhoods. With a 600 sqft carpet area, a spacious kitchen, and a deeply personal connection to the community, Satkar shares why living near Jain temples, hosting frequent guests, and staying close to essentials outweighed fancy real estate upgrades. From renting during COVID-19 at ₹33,000/month to now paying ₹60,000, hear how the rental journey has evolved, and why he says this home—though humble—has been “lucky” for him. Watch till the end as he talks about the upcoming redevelopment, rental trends, and why convenience > glamour for city living.

Mumbai housing redevelopment: A Rs 3 lakh crore opportunity hobbled by small land parcels, long gestation periods

Only a handful of the nearly 700 definitive agreements signed for redevelopment involve relatively large land parcels, narrowing developers' opportunities for a large free-sale component. A convoluted process and potential litigation may lengthen the wait for new homes.

Adani Realty makes steady gains in Mumbai's redevelopment market

With the latest redevelopment rights in Motilal Nagar, Adani Realty continues to expand its presence in Mumbai’s real estate market. Alongside projects like Dharavi and Bandra Reclamation, the company is taking on large-scale redevelopment, focusing on urban transformation and integration within the city's evolving infrastructure landscape

Kalpataru secures two redevelopment projects in Chembur and Goregaon with Rs 2,000 crore revenue potential

As per documents accessed by real estate data analytics firm CRE Matrix, the Goregaon project, located in the residential Bangur Nagar neighbourhood, was signed in October 2024, while the larger five acre society on Chembur's VN Purav Marg was inked last month

Why real estate majors are flocking to Mumbai’s redevelopment market

The redevelopment landscape in Mumbai has created a market for real estate players nationwide with strong balance sheets to pursue prime projects in the city

As developers supercharge redevelopment play, homeowners revel in new-found prosperity, lifestyle upgrades

Housing societies in legacy middle-income neighbourhoods in the western suburbs, fuelled by a shortage of land and FSI of up to 5.0, can now negotiate hard with real estate firms willing to undertake redevelopment projects.

Dharavi redevelopment project about 'dignity' for a million people, says Gautam Adani

The Adani group is executing the Dharavi redevelopment project through a special purpose vehicle in which it has a 80 percent stake

Mumbai TDR policy may derail current real estate cycle: Mahindra Lifespace MD

As part of the Dharavi redevelopment project, the Maharashtra government has mandated that developers in Mumbai must source at least 40 percent of their transferable development rights (TDR) requirements from the Dharavi project at 90 percent of ready reckoner rates

Raymond Realty aims to maintain 20% growth rate in bookings, profit each year, says CEO Sahni

Redevelopment projects would remain key drivers for Raymond Realty, constituting 30% of its new Mumbai projects, said its CEO Harmohan Sahni.

RLDA invites bids for redevelopment of Boulevard Road Railway Colony in North Delhi

The Boulevard Road railway colony land in Delhi's civil lines area has an approximate area of 2.156 hectare (21,568.35 sqm) and it will be leased for 99 years with a reserve price of Rs 318 crore. The pre-bid meeting will be conducted on July 19 and the last date of submission of e-bid is August 23, 2024.

MHADA to provide 11 months' rent in one installment to tenants in Mumbai’s BDD Chawl

The British had constructed the 207 BDD chawls in around 1920, as low-cost housing for mill workers, dock workers, civic and other government employees. The BDD chawls are spread over 92 acres and comprise 207 ground-plus-3-storey buildings, having 16,557 flats measuring 160 sq ft.

Indian Railways may break up New Delhi Railway Station redevelopment into smaller tenders

This will be the government’s fifth attempt to redevelop the iconic station since 2002-03. Bidders are reported to have quoted much higher amounts than the allotted cost in earlier tenders. The station will cover an expanse of 1.5 crore square metres under the proposed revamp.

Mumbai redevelopment news: MICL to take up Bollywood actor Aamir Khan's Pali Hill building

In a December 29 statement, MICL announced plans to construct 50,000 sqft for sale, targeting a Rs 500 crore topline. The company anticipates developing luxury 4 and 5 BHK apartments.

Suraj Estate IPO: Apply for listing gains

Given the balance sheet issues in the past, the IPO is richly valued.

Bollywood actor Aamir Khan’s building set to go for redevelopment

Given his ownership stake in the building, the Bollywood superstar was keenly involved and driving the redevelopment.

PM Modi to lay foundation stone for redevelopment of 508 railway stations

The redevelopment, which will cost Rs 24,470 crore, will provide modern passenger amenities along with ensuring well-designed traffic circulation, inter-modal integration and well-designed signage for guidance of passengers, the Prime Minister’s Office (PMO) said, adding that the design of the station buildings will be inspired by local culture, heritage and architecture.

L&T among top 10 realty players in fray for Rs 4,700-cr New Delhi station facelift

The revamped New Delhi railway station will combine railway facilities with commercial complexes, showcasing a modern and sophisticated design enriched with state-of-the-art technology.

Around 16 firms took part in the RLDA's pre-bid meeting for the redevelopment of Ahmedabad railway station

This is the second time RLDA has held a pre-bid meeting for the redevelopment of Ahmedabad Railway Station after the earlier tender for the redevelopment of the station was scrapped by RLDA in May.

In Pics: Redeveloped ITPO complex for G20 leaders to be inaugurated on July 26

As part of the Pragati Maidan redevelopment project, the IECC (Integrated Exhibition-cum-Convention Centre) is being built as a modern complex.