Mumbai's growth and housing policies discussed

20 Sep 2023 CW Team

“The ambitious Dharavi slum redevelopment project, the largest renewal initiative in Asia, will serve as a model for several other clusters that are planned across Mumbai. We will soon announce a new cluster development policy after taking all stakeholders into confidence,” she said.

Speaking on the new housing policy, she said that innovation in smarter homes and technology would be a part of the policy. In addition, homes for senior citizens, and students housing will be given priority. These two sectors should be incentivised in the new housing policy, once the draft goes into the public domain.

She went on to add, “An ideal housing policy is one that promotes affordable housing, walk to work concept and offers a better work-life balance. A skilled labour force and skilling of all agents in the real estate sector is crucial for its proper growth and development.”

“Mumbai and the MMR are growing exponentially with a number of infrastructure projects like MTHL, Navi Mumbai International Airport, the Coastal Road and the Worli Sea connector all set to be completed within the next three to four years that will merge Mumbai with the mainland, reducing travel time across the harbour to just 30 minutes,” said Dr Sanjay Mukherjee IAS, Metropolitan Commissioner, MMRDA.

Speaking on sustainable development, Shri Pravin Darade IAS, Principal Secretary, Department of Environment and Climate Change, Govt. of Maharashtra, said that development and environment should go hand in hand and that the general perception that development destroys the environment is a misnomer. Infrastructure development in fact reduces carbon footprint. There are a growing number of projects that are sustainable and green projects that are LEED and GRIHA certified.

The NAREDCO Maharashtra’s flagship ‘Real Estate Forum 2023’ held in Mumbai today had distinguished speakers who gave their valuable insights on the growth curve for Mumbai. Speaking on making Mumbai slum-free Valsa Nair Singh IAS, Additional Chief Secretary, Housing Department, Govt. of Maharashtra, said that cluster-based development would be favourable to improve housing stock in the city.“The ambitious Dharavi slum redevelopment project, the largest renewal initiative in Asia, will serve as a model for several other clusters that are planned across Mumbai. We will soon announce a new cluster development policy after taking all stakeholders into confidence,” she said.Speaking on the new housing policy, she said that innovation in smarter homes and technology would be a part of the policy. In addition, homes for senior citizens, and students housing will be given priority. These two sectors should be incentivised in the new housing policy, once the draft goes into the public domain.She went on to add, “An ideal housing policy is one that promotes affordable housing, walk to work concept and offers a better work-life balance. A skilled labour force and skilling of all agents in the real estate sector is crucial for its proper growth and development.”“Mumbai and the MMR are growing exponentially with a number of infrastructure projects like MTHL, Navi Mumbai International Airport, the Coastal Road and the Worli Sea connector all set to be completed within the next three to four years that will merge Mumbai with the mainland, reducing travel time across the harbour to just 30 minutes,” said Dr Sanjay Mukherjee IAS, Metropolitan Commissioner, MMRDA.Speaking on sustainable development, Shri Pravin Darade IAS, Principal Secretary, Department of Environment and Climate Change, Govt. of Maharashtra, said that development and environment should go hand in hand and that the general perception that development destroys the environment is a misnomer. Infrastructure development in fact reduces carbon footprint. There are a growing number of projects that are sustainable and green projects that are LEED and GRIHA certified.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..