Dharavi Redevelopment Expansion to Help 100,000+ Ineligible Residents

06 Jan 2025 CW Team

Deputy Chief Minister Eknath Shinde announced an expansion of Dharavi's redevelopment plan to include over 100,000 ineligible slum-dwellers alongside the 60,000 eligible residents from before 2007. This decision marks a departure from the previous Maha Vikas Aghadi (MVA) government's approach, which focused solely on eligible residents. Shinde stated that adhering to the earlier criteria made the project nearly unfeasible and emphasised the need for better communication with the public about the realities of redevelopment. The Mahayuti government is now formulating a comprehensive housing development policy, with plans to finalise it by February. This policy will include schemes for senior citizens, making Maharashtra the first state to introduce such provisions, and will also promote affordable, eco-friendly housing. As part of its broader housing initiatives, the government has set a target of constructing 100,000 homes for mill workers. Tenders have been invited, and two bids have already been received. Shinde directed officials to explore housing solutions for mill workers who have returned to their native villages in Maharashtra. During a review meeting, Shinde assessed various housing projects, including the redevelopment of BDD Chawl, Patrachawl, and Motilal Nagar colonies, as well as housing schemes for police personnel and mill workers. The meeting also covered rehabilitation projects at GTB Nagar Soyam and initiatives under the Pradhan Mantri Awas Yojana. Shinde stressed the importance of simplifying housing processes under MHADA and SRA schemes, aiming to make procedures more accessible through online platforms. The housing policy will include several initiatives such as hostels for women workers, student accommodations, worker housing, and affordable rental housing. Shinde reiterated the government’s commitment to making home ownership an achievable dream for all citizens. (freepressjournal)

Real Estate

14 Jul 2026

Paradigm Realty secures Rs 1 billion for Chembur project

Paradigm Realty Group has secured Rs 1 billion in funding from Arnya RealEstates Fund for its flagship residential project, 71 Midtown, in Chembur, Mumbai.The institutional investment will be used to support the completion of Phases 1 and 2 of the development, with the financing aligned to the project's construction and delivery schedule.Spread across approximately 4.5 acres, the gated residential community comprises one- and two-bedroom apartments. Located near Sindhi Society in Chembur, the project offers connectivity to the Bandra Kurla Complex (BKC) and is expected to benefit from infrastr..

PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including M..

Shalimar Paints launches premium Xtra Tough Hi-Sheen

Shalimar Paints has expanded its premium product portfolio with the launch of Xtra Tough Hi-Sheen, a new exterior emulsion developed to provide enhanced weather protection and a high-sheen finish for residential buildings.The company said the product is designed to address growing consumer demand for exterior coatings that combine aesthetics with long-term durability. Suitable for both new construction and renovation projects, the emulsion is formulated to withstand varied climatic conditions, including heat, rain, humidity and pollution.Xtra Tough Hi-Sheen features a dust-repellent coating in..