Tag: JSW Group

IndustryLatest Stories

Corporate Giants Embrace Urban Regeneration Amid Redevelopment Race

Representative AI image MUMBAI: Major corporate groups in India are increasingly focusing on urban regeneration, indicating a transformative shift in the real estate sector where redevelopment is becoming as valuable as traditional land acquisitions. In recent months, firms linked to Reliance Industries, Adani Group, JSW Group, Shapoorji Pallonji Group, and Lodha Developers have been aggressively pursuing significant redevelopment opportunities across Mumbai, including aging housing colonies and extensive urban renewal schemes. Recently, Vedanta Group diversified into real estate, expanding its portfolio beyond metals and mining. “The increase of large corporates entering the Indian real estate sector indicates a transition from a…

IndustryLatest Stories

Reliance Consortium Wins 101-Acre Mumbai Slum Redevelopment Bid

MUMBAI: A consortium led by Reliance Industries’ subsidiary, Reliance 4IR Realty Development, in collaboration with Mahadev Realtors Juhu, has successfully won the bid for the redevelopment of the 101.36-acre Juhu Galli slum cluster in Andheri (West), making it one of the largest slum redevelopment projects in Mumbai. The tender process was overseen by the Slum Rehabilitation Authority (SRA) and drew bids from major corporate groups, including Reliance, JSW, and the Shapoorji Pallonji Group. The Reliance-led consortium emerged victorious in the bidding process. The redevelopment plan aims to construct over 28,000 homes for eligible slum residents. This initiative falls under the…