The Redevelopment Imperative
Real Estate

The Redevelopment Imperative

Nearly 70 per cent of India’s GDP is generated in cities, yet India’s urban core is ageing faster than it is being renewed. Mumbai, with virtually no greenfield land left, is now dependent almost entirely on redevelopment to sustain housing supply. Urban population growth – from 54.5 crore today to an estimated 60 crore within five years – has further intensified pressure on existing neighbourhoods.

As highlighted at the Mumbai Redevelopment Summit, unchecked urban sprawl is no longer viable. According to ISRO estimates (2022), India consumes nearly 1.5 million hectare of farmland annually owing to outward expansion, even as inner-city areas continue to decay. Redevelopment, therefore, has shifted from a planning preference to a structural necessity....


To read the full article Click Here

Nearly 70 per cent of India’s GDP is generated in cities, yet India’s urban core is ageing faster than it is being renewed. Mumbai, with virtually no greenfield land left, is now dependent almost entirely on redevelopment to sustain housing supply. Urban population growth – from 54.5 crore today to an estimated 60 crore within five years – has further intensified pressure on existing neighbourhoods.As highlighted at the Mumbai Redevelopment Summit, unchecked urban sprawl is no longer viable. According to ISRO estimates (2022), India consumes nearly 1.5 million hectare of farmland annually owing to outward expansion, even as inner-city areas continue to decay. Redevelopment, therefore, has shifted from a planning preference to a structural necessity....To read the full article Click Here

Next Story
Equipment

Building Greener, Building Faster

The 13th edition of Excon 2025, South Asia’s largest construction equipment exhibition, concluded on a high note at the Bangalore International Exhibition Centre (BIEC), reaffirming its stature as a global platform shaping the future of India’s infrastructure and construction ecosystem. Organised by the Confederation of Indian Industry (CII), the five-day event, held from December 9 to 13, 2025, brought together policymakers, manufacturers, contractors, financiers, technology providers and global stakeholders under one roof.Spread across an expansive 3.5 million sq ft, Excon 2025 hosted ov..

Next Story
Infrastructure Transport

Mahalaxmi Railway Land Fetches Record Rs 22.50 Bn in RLDA Auction

The Railway Land Development Authority (RLDA) has received its highest-ever bid of Rs 22.50 billion for a railway land parcel at Mahalaxmi in south Mumbai, setting a new benchmark for long-term lease auctions in the city’s real estate market.The land parcel, spread over about 2.67 acres or 10,801 square metres, was offered on a revenue-share model with a lease tenure of 99 years. The reserve price for the plot was fixed at Rs 9.93 billion, while the permissible floor space index (FSI) stands at 4.05, making it one of the most attractive redevelopment opportunities in a prime urban location.T..

Next Story
Infrastructure Urban

Seven of 14 National Waterways in Maharashtra Cleared for Development

The Centre has identified 14 national waterways in Maharashtra, of which seven have been found feasible for development, marking a significant step towards strengthening inland water transport infrastructure in the State. The seven waterways together have a navigable length of 662.97 km, according to the Union Ministry of Ports, Shipping and Waterways.The waterways cleared for development include National Waterway (NW)-4 on the River Godavari, NW-11 on the Arunavati–Aran rivers, NW-28 covering Dabhol Creek and the Vashishti River, NW-53 spanning the Kalyan–Thane–Mumbai waterway along wit..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App