Developers from Other Regions Target Mumbai Redevelopment

Companies that build houses from other cities are now trying to build in Mumbai.

Mumbai is attractive because the government gives them special deals and they can make more money per square foot there.

Because land is limited in Mumbai, these companies can use their money wisely.

Some companies from Delhi, Bengaluru, and Pune, among others, are already getting involved in projects.

The estimated value of these projects exceeds Rs 30,000 crore.

However, building in Mumbai can be tricky since builders need to work with many people and face more costs.