What kind of redevelopment is happening in Bhendi Bazaar?
The redevelopment in Bhendi Bazaar, South Mumbai, is one of India’s largest and most ambitious cluster redevelopment projects. Undertaken by the Saifee Burhani Upliftment Trust (SBUT), this, non-profit,,, "upliftment" initiative focuses on transforming a 16.5-acre area of decrepit, 100-year-old, chawls and, overcrowded, buildings into a, modern, sustainable, urban, township.
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.
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.
Bhendi Bazaar Redevelopment | A New Era Unfolds | Stunning Drone Footage by SBUT
Is the 87 year old bandra bungalow to undergo self-redevelopment?
87-Year-Old Bandra Bungalow to Transform Into a 14-Storey Tower Through Self-Redevelopment. Mumbai is no stranger to redevelopment stories, but this one stands out. For the first time, an independent bungalow in upscale Bandra is being redeveloped—not by a builder, but by the family that owns it.
The current FSI for redevelopment as per Mumbai 2022 redevelopment norms is 1.10. What is permissible FSI in Mumbai suburbs? Private buildings in the suburbs will receive 2.7 FSI with fungible, while cess and slum buildings would receive 4.05 FSI (335% of 3) with fungible.
India's real estate market saw a sales volume drop in 2025. Developers are now looking to 2026 for a revival. Lower mortgage rates, strong GDP growth, and possible tax relief are expected to boost demand.
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!
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.
Analysis. The Court observed that the guidelines issued by the State Government under Section 79(A) of the Maharashtra Co-operative Societies Act, 1960 are directory in nature and not mandatory.
Metro Line 3 Mumbai 2025, also known as Aqua Line, runs 33.5 kilometres and connects major business and residential districts from Cuffe Parade to SEEPZ. In October 2024, the first line between BKC and Aarey was inaugurated. The second line extending up to Acharya Atre Chowk was opened in May 2025.
Technology, renewable energy, pharma, and healthcare sectors in India are expected to deliver 12–20% growth in 2025–26, driven by digitalisation, AI adoption, and rising healthcare demand.
When Will Be the Best Time to Buy a Home in 2025? (Hint: It's Coming Soon) A new study pinpoints why this fall may offer a hidden sweet spot for your home buyers. Mark your calendars: The week of Oct. 12-18, as well as its surrounding weeks, could offer your home buyers a prime time to make an offer on a home.
In many cases, flats are sold as leasehold properties, meaning that the land on which the building stands is leased for a certain number of years—often 99 or 999 years. Once this lease period expires, the ownership of the land reverts to the original landowner unless an extension or renewal is negotiated.
Rajiv Singh is the richest real estate tycoon in India, with a net worth of Rs. 1,24,420 crore. Mangal Prabhat Lodha has a net worth of Rs. 91,700 crore.
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.
But as a city grew denser and a property demand sword regulations and economics began to shape a new reality in Mumbai. Balconies count towards your FSI. Flow space index. That means every square foot of balcony reduces the user carpet area inside your home.
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.
