Mumbai Development Plan 2034: Focus on affordable housing
Although the proposed Development Plan 2034 for Mumbai, is expected to boost participation in infrastructure and affordable housing projects from private sector developers, the FSI norms are unlikely to bring any major change to the skyline of the city, says a report by Colliers International
Colliers ResearchMay 2017
MHADA areas to be redeveloped by charging only premium
To increase the housing stock in Mumbai, the Maharashtra government has decided to allow redevelopment of MHADA layouts, by offering an FSI of three and only charging the developers a premium and not requiring that they give some of the housing units back to the government
Maharashra’s new housing policy focuses on creating affordable homes
The Maharashtra government has announced its new housing policy, which focuses on cluster development, redevelopment of Dharavi and old MHADA buildings in Mumbai, to generate more residential units in the space-starved city
Will property prices crash in India due to the Coronavirus outbreak?
The developer community in India has been in a tizzy after union minister of commerce and industry Piyush Goyal on June 3, 2020, said builders needed to sell housing projects at reduced prices and let go of the high-priced unsold stock. Will prices fall?
Sunita MishraOct 2020