Redevelopment Projects in mumbai
Mumbai’s biggest Redevelopment Project gets BMC nod
The decks have been cleared for Mumbai’s biggest redevelopment project in the south part of the city. The Brihanmumbai Municipal Corporation (BMC) has granted the crucial master plan approval and other sanctions, paving the way for launching the first phase of the ambitious Bhendi Bazaar Redevelopment Project (BBRP). The Rs 4,000-crore project is being executed […]
New Revenue Sharing Model To Redevelop MHADA Colonies
The Maharashtra state government has agreed to a revenue-sharing model between the Maharashtra Housing and Area Development Authority (MHADA) and private developers in an attempt to encourage more developers to take up redevelopment of housing colonies. The new policy is also aimed at unlocking prime real estate in Mumbai. Reason for the new policy There […]
