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The Economic Times

Economy / The Economic Times

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MHADAs 925-acre Mumbai redevelopment pipeline may draw Rs 4 lakh cr investment

Mumbai's housing redevelopment is set for a massive Rs 4 lakh crore investment, promising 75,000 rehabilitation tenements and 30,000 MHADA units. This large-scale urban renewal, covering 925 acres across 11 projects, aims to transform ageing colonies and densely populated areas. The new Construction & Development Agency model prioritizes residents with transit rent support and maintenance funds, attracting major developers like Adani and Reliance.

22 Jun 2026 10:59 pm