hyderabadupdates.com Real Estate Mumbai affordability index at 50%; cluster redevelopment to unlock 800-1,000 acres: MHADA CEO

Mumbai affordability index at 50%; cluster redevelopment to unlock 800-1,000 acres: MHADA CEO

Mumbai is embracing large-scale cluster redevelopment to tackle housing challenges. MHADA plans to open vast land parcels for integrated projects. This strategy aims to create planned residential areas with better infrastructure. The goal is to deliver millions of affordable homes by 2030. This approach will generate significant housing stock for lower-income groups.

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