Dr Niranjan Hiranandani, Ghulam Zia and industry experts call for stronger resident safeguards, affordable housing and better urban planning. Urban Planners & Architects sought an urgent relook at DCPR 2034 at 3rd Mumbai Redevelopment SummitMumbai's redevelopment must move beyond rebuilding individual buildings to creating sustainable, well-planned neighbourhoods supported by adequate infrastructure, industry leaders emphasised at the 3rd Mumbai Redevelopment Summit 2026, held on November 4 at Radisson Blu Mumbai International Airport.The summit was presented by FIRST Construction Council in association with Construction World, with L&T as Gold Partner and IMPACCT as Business Intelligence Partner. It was supported by NAREDCO, MHADA, Builders Association of India (BAI) and Construction Federation of India (CFI). Themed Rebuilding Mumbai: From Redevelopment to Urban Transformation, the conference brought together developers, policymakers, architects, financial institutions and industry experts.Delivering the keynote address, Dr Niranjan Hiranandani, Co-Founder and Managing Director, Hiranandani Group, highlighted India's economic growth and the opportunities arising from large-scale infrastructure development. He stressed that Mumbai's redevelopment must address housing affordability, high development charges and infrastructure capacity alongside the growing demand for real estate.Calling redevelopment essential to improving living conditions, he advocated rationalising statutory charges, encouraging rental housing and phasing projects to avoid excessive supply entering the market simultaneously. He also emphasised that higher development potential must be matched by improvements in roads, water supply, transport and civic infrastructure.In his welcome address, Pratap Padode, Founder and President, FIRST Construction Council part of ASAPP Info Global Group, highlighted the need to assess Mumbai's redevelopment pipeline against future housing demand and purchasing power. Citing JLL research, he noted that more than 1,000 redevelopment projects had been launched since 2020, with redevelopment accounting for 15 per cent of Mumbai's housing sales in the first half of 2026. He cautioned that the projected supply pipeline could create absorption challenges in the coming years.Padode also called for stronger safeguards for existing residents, particularly regarding transit rent, project completion timelines, construction quality and delivery of promised homes.Providing a market perspective, Ghulam Zia, Senior Executive Director, Knight Frank, estimated that around 1,300 development agreements had been signed in Mumbai since 2020, with approximately 250 expected in 2026. He cautioned that increasingly stringent approval processes, particularly for smaller plots, could delay projects and extend the waiting period for residents.He also highlighted the growing participation of large corporate groups in redevelopment, noting that their financial strength and diversified businesses could support better project execution and delivery.The summit featured discussions on Mumbai's emerging redevelopment micro-markets, city-scale redevelopment, project economics, FSI and TDR, institutional finance, construction risks and the role of architecture and infrastructure in shaping the city's future.Bringing together perspectives from across the redevelopment ecosystem, the discussions underscored the need for coordinated policy, financing and execution to ensure that redevelopment delivers more than additional housing stock. The larger objective, speakers emphasised, must be a more liveable, inclusive and resilient Mumbai.