EV Homes Constructions kicks off Navi Mumbai's largest cluster redevelopment at Nakshatra CHS in Vashi, valued at over ₹2,500 crore. Spanning three acres in Sector 9, this project promises modern infrastructure, premium retail, and elevated living standards, fueling the city's urban renewal wave amid booming real estate demand.
A recent Golden Growth Fund report reveals South Delhi's ₹5.65 lakh crore real estate potential across 42 MCD-regulated colonies, highlighting Category A and B plots as prime redevelopment targets with 18,446 plots spanning 125-1,750 sq. yd. at ₹6-15 lakh/sq. yd.
Mumbai's rental market growth, driven by redevelopment projects, is cooling down in 2024. Increased supply of redeveloped homes is stabilizing rents after a surge between 2021 and 2023.