Mumbai Society Redevelopment Projects
Sector: Residential • Location: Mumbai, Maharashtra, India
Source: Business Standard
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
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 | 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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