Tag: Mumbai Metropolitan Region housing

Latest StoriesResidential

5.40 Lakh Homes Set for 2026 Delivery in Top 7 Cities: Anarock

NEW DELHI: An estimated 540,000 housing units are projected for completion in the top seven cities by 2026, which is the highest figure in a decade, according to Anarock Research. The report indicates that the ongoing conflict in the Middle East may impact delivery timelines due to disruptions in global trade routes, commodity markets, and supply chains. This year, the Mumbai Metropolitan Region (MMR) and Pune will contribute to 57% of the scheduled housing completions, with MMR expected to deliver around 207,000 units and Pune approximately 100,000 units. In the southern markets, Bengaluru is set to complete around 69,000 units,…

Latest StoriesResidential

Upper-Floor Access in Dharavi Rehab Linked to Ground-Floor Docs

MUMBAI: Eligibility for residents on upper floors under the Dharavi Redevelopment Project (DRP) is partially dependent on the status of ground-floor occupants, with affidavits only accepted if the lower unit qualifies, officials announced. A government resolution issued on October 4, 2024, extends benefits to upper-floor residents who can demonstrate occupancy prior to a cut-off date of November 15, 2022. Those eligible may receive homes of 300 sq ft outside of Dharavi, but within the Mumbai Metropolitan Region. Beneficiaries can choose between a hire-purchase option, which involves nominal rent for 25 years leading to ownership, or an expedited ownership method by…