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Mumbai Society Redevelopment Project

Sector: Residential • Location: Mumbai, Maharashtra, India

Source: Lokmat Times

Project
Under Construction

The redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) region aim to add 44,277 new homes by 2030, unlocking residential market potential and altering Mumbai's skyline. Since 2020, 910 housing societies have signed development agreements, unlocking 326.8 acres of land. The Western Suburbs are expected to contribute 32,354 new homes, while South Mumbai will add 416 units.

Status
Under Construction
Sector
Residential, Government
Location
Mumbai, Maharashtra, India
Updated
22 Jul 2026
Source
Lokmat Times

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Project Information

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The project “Mumbai Society Redevelopment Project” is an infrastructure initiative in the Residential sector, located in Mumbai, Maharashtra, India. Taiyo aggregates data on it from Lokmat Times.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) region aim to add 44,277 new homes by 2030, unlocking residential market potential and altering Mumbai's skyline. Since 2020, 910 housing societies have signed development agreements, unlocking 326.8 acres of land. The Western Suburbs are expected to contribute 32,354 new homes, while South Mumbai will add 416 units. The project is a critical driver of Mumbai's urban renewal and is expected to generate significant revenue through free sales, stamp duty, and GST.

Original sector

Built Sector

Budget

Location

Country

India

State

Maharashtra

City

Mumbai

Source

Source

Lokmat Times

URL

More Details

Record type

Project

Sector

Residential, Government

Article published date

2025-09-16

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