Mumbai redevelopment projects gather steam as cluster-led developments gain traction
· economictimes.indiatimes.com
Mumbai's property market is seeing a major shift in redevelopment. Developers are now focusing on larger, cluster-based projects instead of individual buildings. This trend is expected to create thousands of new homes by 2031. Areas like Borivali and Andheri are leading this transformation. The city's high population density makes redevelopment a crucial housing solution.
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