What is the Bhendi Bazaar redevelopment project in Mumbai?
The Bhendi Bazaar redevelopment project is one of India's largest urban renewal initiatives, transforming 16.5 acres of congested, dilapidated, 18th-century infrastructure in South Mumbai into a modern, sustainable, and planned township. Led by the Saifee Burhani Upliftment Trust (SBUT), the project aims to replace over 250 decrepit buildings with high-rise towers, housing 3,200 families and 1,250 shops, complete with better sanitation, wide roads, and open spaces.
The Bhendi Bazaar Redevelopment Project is reshaping one of Mumbai's oldest neighbourhoods, replacing crumbling chawls with modern, child-friendly homes, wider streets, and green, open spaces. In the heart of South Mumbai, Bhendi Bazaar is witnessing a rebirth.
What is the biggest redevelopment project in Mumbai?
With an almost estimated cost of over Rs 26,000 crore, the Dharavi makeover project is the biggest brownfield redevelopment project in India. To make the redevelopment more economically viable, the state government's plan is involving transforming the region into a hub for commercial and business activity.
What is the second Mumbai redevelopment Summit 2025?
The 2nd Mumbai Redevelopment Summit 2025, organised by ASAPP Info Global Group, brings together developers, investors, policymakers, architects, and legal experts to discuss the next wave of transformation under DCPR 2034 and the government's urban regeneration agenda.
Who is the owner of Saifee Burhani Upliftment Trust?
This project was envisioned by the late Syedna Mohammed Burhanuddin and is now spearheaded by his son and successor His Holiness Syedna Mufaddal Saifuddin. This ambitious redevelopment project comprising 16.5 acres of landform has approximately 250 existing buildings, 1250 shops and 3200 families.
Inside Dharavi’s Masterplan: New Homes, Open Spaces & a Live-Work Township
Is Saifee Burhani Upliftment Trust a government or private organization?
Saifee Burhani Upliftment Trust (SBUT) is a non-profit organization established in 2009 to undertake one of urban India's largest makeover projects of sheer magnitude and impacting around 20,000 people. The redevelopment project was, envisioned by 52nd Da'i al-Mutlaq of Dawoodi Bohras community, Mohammed Burhanuddin.
Saifee Hospital is an ISO certified multi-speciality hospital established by Syedna Mohammad Burhanuddin of the Dawoodi Bohra faith, in the early 2000s, dedicated to the memory of his father, Syedna Taher Saifuddin.
Rs 700 CR APARTMENT DEAL Leena Gandhi Tewari, one of India's richest women and chairperson of USV Pharma, bought two sea-facing duplexes in Mumbai's Worli for &703 crore — the costliest apartment deal in India!
Such redevelopment schemes are usually taken as regulation 33(7) of DCR 1991 / DCPR 2034 where the occupants are rehabilitated free of cost by private developers and to recover the cost of rehabilitation, incentive FSI is provided to private developers. The scheme is operative since past 20 to 25 years.
By 2030, Mumbai is expected to add more than 200 new high-rise buildings, pushing it even higher in global rankings and strengthening its position as one of the world's fastest-growing vertical cities. The reason is simple: limited land and a population of over 20 million.
There are six key players that own most parts of Mumbai, such as: 1. Godrej & Boyce - Owns the largest area, 3,401 acres of land in Mumbai, spanning Vikhroli, Nahur, and Kurla. 2. Dinshaw Trust - Controls 683 acres of land in the western suburbs of Malad and Kanheri.
The bazaar is popular for shopping viz antique and hardware items. It is also home to the popular Bhendibazaar gharana of Hindustani classical music. There are other markets surrounding Bhendi Bazaar such as Crawford Market (Phule Market), Chor Bazaar, Nul Bazaar, and other smaller ones.
How many years old buildings go for redevelopment in Mumbai?
Building Age or Condition Only buildings that are over 30 years old or officially marked as dilapidated by BMC are eligible for redevelopment. This requirement is widely cited by CREDAI-MCHI and legal guidelines. 2. Cooperative Housing Society (CHS) Requirements Projects must be initiated by registered CHSs.
Chor Bazaar is one of the largest flea markets in India, located on Mutton Street, near Bhendi Bazaar in Grant Road, South Mumbai. The area is one of the tourist attractions of Mumbai. The word "chor" means 'thief' in Marathi, Gujarati and Hindi.
Leena Gandhi Tewari is an Indian businessperson and author. She is the chairperson of USV Private Limited, a multinational pharmaceutical and biotechnology company based in Mumbai. USV was founded by her grandfather Vithal Balkrishna Gandhi in 1961.
Ans: Owned by Mukesh Ambani, Antilia, Mumbai's most expensive residence, and is reportedly worth ₹15,000 crores. This 27-story skyscraper offers opulent conveniences like a theatre, ballroom, snow room, swimming pool, and more.
However, there is another significant “Big Four” within the commercial real estate and facility management sectors that deserves attention: CBRE, Cushman & Wakefield, Colliers, and JLL.
Breach Candy Hospital. Breach Candy Hospital is a private hospital located in Mumbai, India. It is located in the Breach Candy area of South Mumbai. It is well known for the rich and famous patients that have been in the hospital.
In 1978, Kirtilal Manilal Mehta—an Indian businessman fondly known as Bapaji (who was also the founder of Antwerp-based diamond company Gembel NV in 1956), established the Lilavati Kirtilal Mehta Medical Trust in memory of his late wife Lilavati Kirtilal Mehta. The trust has been managed by the members of Mehta family.
