hyderabadupdates.com Real Estate Mumbai housing societies turn the tables on builders, drive hard bargain during redevelopment

Mumbai housing societies turn the tables on builders, drive hard bargain during redevelopment

December 1, 2025December 1, 2025| Ai Generated Article, credits to ogrinal websiteAi Generated Article, credits to ogrinal website| 0 Comment| 12:10 am
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Housing societies in Mumbai are leveraging a strong developer market to demand significantly higher compensation and additional area for redevelopment projects. These inflated expectations, often 15-25% above market rates, are driven by a ‘herd mentality’ and a perception of a booming market, leading some credible developers to withdraw from negotiations.

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