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Mumbai Redevelopment Boom Expands as Projects Reshape Housing Supply
Mumbai has very little empty land left for building new homes.
Because of this, developers and housing societies are rebuilding older buildings and informal settlements.
More than 1,000 redevelopment projects have started since 2020, according to the report.
Redeveloped homes made up 15% of recent housing sales.
Many old buildings, including about 13,500 cessed buildings, need to be replaced.
Slum rehabilitation projects now cover more than 2,000 acres.
New rules make some projects easier to approve and allow residents to play a bigger role.
New metro lines and roads are also making some areas more valuable.
More than 1,000 redevelopment projects have reportedly launched in Mumbai since 2020, representing 13% of residential supply.
Redeveloped homes accounted for 15% of housing sales in 2025-H1 2026, up from 6% during 2016-2021.
The report identifies about 13,500 cessed buildings requiring urgent replacement across Mumbai.
Slum rehabilitation includes 1,202 active projects covering 321,858 hutments across 2,156 acres.
DCPR 2034, infrastructure upgrades and lower consent thresholds are accelerating redevelopment and shifting power toward residents.
- Who
- Mumbai developers, housing societies, residents and public agencies, as discussed in a JLL-NAREDCO Maharashtra report.
- What
- Redevelopment has become a major source of Mumbai’s housing supply, with more than 1,000 projects launched since 2020 and redeveloped homes reaching 15% of recent sales.
- Where
- Across Mumbai, particularly the Western Suburbs, South Mumbai and selected slum-rehabilitation clusters.
- When
- The report was released at REIIS 2026 on September 3; the sales comparison covers 2025-H1 2026.
- Why
- Mumbai’s shortage of developable land, aging buildings, regulatory reforms and major infrastructure projects are driving redevelopment.
Key facts
- Projects launched since 2020
- More than 1,000, according to the report; a statement quoted in the article separately cites 850 projects.
- Share of residential supply
- 13% of Mumbai’s overall residential supply.
- Redeveloped-home sales
- 15% of total housing sales in 2025-H1 2026, compared with 6% during 2016-2021.
- Cessed buildings needing replacement
- Approximately 13,500 across Mumbai.
- Active slum-redevelopment projects
- 1,202 projects covering 321,858 hutments and 2,156 acres.
- Consent threshold
- DCPR 2034 reduced the consent threshold to 51%.
- Self-redevelopment proposals
- More than 1,600 active proposals.
Quotes
Karan Singh Sodi
Senior Managing Director for Mumbai MMR, Gujarat and Alternatives at JLL
“Redevelopment has evolved from a policy initiative into the primary engine of the city’s housing supply, evidenced by sales now outpacing launches and securing a 15% market share.”
freepressjournal.in
“Redevelopment has transitioned from a commercial opportunity into an urban survival imperative.”
freepressjournal.in
Sources
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