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Mumbai Society Redevelopment Projects

Sector: Residential • Location: Mumbai, Maharashtra, India

Source: Business Standard

Project
Under Construction

Ongoing society redevelopment projects in Mumbai are expected to add over 44,277 new homes worth ₹1,305 billion by 2030. Since 2020, 910 housing societies across the Municipal Corporation of Greater Mumbai (MCGM) region have signed development agreements, unlocking nearly 327 acres of land. The redevelopment is dominated by smaller societies with plots under 0.49 acres, primarily in the Western Su

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

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Project Information

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

Participants

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Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Ongoing society redevelopment projects in Mumbai are expected to add over 44,277 new homes worth ₹1,305 billion by 2030. Since 2020, 910 housing societies across the Municipal Corporation of Greater Mumbai (MCGM) region have signed development agreements, unlocking nearly 327 acres of land. The redevelopment is dominated by smaller societies with plots under 0.49 acres, primarily in the Western Suburbs from Bandra to Borivali, which account for 73% of the total supply. The redevelopment market faces challenges such as long timelines (8-11 years), fragmented ownership in central and south Mumbai, and financial sustainability concerns.

Original sector

Built Sector

Budget

Location

Country

India

State

Maharashtra

City

Mumbai

Source

Source

Business Standard

URL

More Details

Record type

Project

Sector

Residential, Government

Article published date

2025-09-16

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