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Mumbai's Redevelopment
Mumbai’s redevelopment challenge has crossed the threshold from market-led opportunity to urban compulsion. The welcome address at the Mumbai Redevelopment summit framed the issue in unambiguous terms: the city’s housing stock is ageing faster than its delivery mechanisms can respond, and redevelopment has become the primary – if not the only – pathway to renew urban living conditions within severe land constraints.
With tens of thousands of buildings over 30 years old and a significant portion far older, redevelopment today sits at the intersection of safety, infrastructure capacity, affordability and governance. Yet despite years of policy reform and sustained market demand, progress remains fragmented. That paradox – high intent, limited delivery – formed the backbone of the discussions that followed...
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