Tag: Mumbai redevelopment projects

IndustryLatest Stories

Meghna Infracon to Invest ₹500 Crore in Five Mumbai Projects

Representative AI image NEW DELHI: Meghna Infracon Infrastructure plans to invest up to ₹500 crore in five redevelopment projects across Mumbai and Thane, aiming to expand its presence in premium residential and commercial segments. The projects, situated in pivotal micro-markets like Goregaon West, Bandra West, Khar West, Juhu-Vile Parle, and Wagle Estate in Thane, are anticipated to have a total gross development value (GDV) of approximately ₹600 crore. With these new developments, the company’s total development pipeline is projected to exceed 10 lakh sq ft, bringing the cumulative GDV of its ongoing and upcoming projects to more than ₹1,000 crore.…

IndustryLatest Stories

AAI to Assess Mumbai Building Heights Case-by-Case

Representative Image MUMBAI: A recent Airports Authority of India (AAI) circular addressing the effects of high frequency (HF) transmitters on vertical development may provide a solution for stalled redevelopment projects in the Juhu area. Dated March 18, 2026, the circular announced the formation of a regional committee to evaluate impacted zones, assess aviation safety implications, and establish guidelines for allowable building heights on a case-by-case basis. “There is a demand for reviewing regulations regarding HF transmitters, as the absence of clear standards from ICAO (International Civil Aviation Organisation) is hindering the vertical growth of metropolitan areas,” it stated. Residents of…

Latest StoriesRegulatory

SC: Surging Real Estate Disputes in Delhi, Mumbai Affect Builders

NEW DELHI: The Supreme Court expressed its concerns on Friday regarding the increasing number of homebuyer cases in Delhi-NCR and the re-development projects in Mumbai, noting its adverse impact on the reputation of real estate developers. A bench consisting of Justices J.B. Pardiwala and P.B. Varale was addressing a dispute related to the re-development of a Mumbai housing society. They remarked that the scale of real-estate disputes is alarming in both Delhi-NCR and Mumbai. “This real estate issue is quite serious in these areas. In Delhi-NCR, countless homebuyers are impacted by housing projects, while Mumbai faces challenges with re-development initiatives.…

Latest StoriesResidential

Mumbai’s Redevelopment Will Create 44,000 New Homes: Report

NEW DELHI: A report by Knight Frank India states that by 2030, Mumbai’s current redevelopment initiatives (MCGM) are set to deliver 44,277 new homes, amounting to ₹1,305 billion. The report reveals that since 2020, a total of 910 housing societies have entered into development agreements (DAs), unlocking approximately 326.8 acres (1.32 million sq. meters) of potential land based on FSI utilization norms. Notably, around 160,000 societies are over 30 years old and eligible for redevelopment. In the Western Suburbs, areas with high population density from Bandra to Borivali are expected to contribute 32,354 new homes, representing 73% of the total…