MMRDA is set to auction plots in Wadala, Mumbai’s third CBD, within the next two months, following the successful sale of its BKC land bank. This development, included in the MMR’s economic master plan, aims to capitalize on Wadala’s strategic location and connectivity via Eastern Freeway, Atal Setu, and various transit lines.
Is Mumbai’s housing society redevelopment just a numbers game, and what’s a fair extra area for homeowners?
Mumbai redevelopment: Developers call it a numbers game, warn of irrational deals over ₹1 lakh per sq ft, urge homeowners to be cautious.