Will Maharashtra govt's new slum rehab policy be a game-changer for Mumbai?
- Kailash Babar
- THE ECONOMIC TIMESUpdated: Nov 17, 2025, 16:24 IST IST
The Maharashtra government has formally notified its new slum cluster redevelopment framework for Mumbai, India’s largest and most expensive property market. The government resolution (GR) establishes a unified mechanism to redevelop some of the country’s financial capital’s largest slum-dominated land parcels through integrated planning.
The framework could unlock hundreds of acres of redevelopable land in a city where fresh supply is constrained and costs are among the highest in India. Large clusters may create opportunities for significant sale components, potentially reshaping supply pipelines. Here’s a detailed look at how the framework works and what it could mean for the city.
The framework could unlock hundreds of acres of redevelopable land in a city where fresh supply is constrained and costs are among the highest in India. Large clusters may create opportunities for significant sale components, potentially reshaping supply pipelines. Here’s a detailed look at how the framework works and what it could mean for the city.
