MHADA's Diwali 2025 lottery offers 5,000 affordable homes across Mumbai and suburbs, targeting low/middle/high-income groups. Registration opens September 15 withNov 17 payment deadline. Includes redevelopment projects in Adarsh Nagar, Chunabhatti, and Jogeshwari.
Duplex and triplex homes are the new trend in Mumbai, particularly among luxury homebuyers seeking larger properties. Vertical living is gaining popularity over horizontal spreads.
TATA Housing Development ventures into the Mumbai market with redevelopment projects in premium housing, aiming to bring ethical practices and quality products.
Orbit Corp Ltd anticipates adding 8-10 billion rupees worth of projects in 2008/09, driven by redevelopment demand in South Mumbai. The developer forecasts 25% revenue growth despite a market slowdown.