Mumbai, June 14 -- Mumbai's redevelopment story today goes far beyond demolishing ageing structures and replacing them with new buildings, said a leading real estate developer.
Addressing mediapersons here over the weekend, Amit Jain, Chairman & Managing Director, Arkade Developers, said redevelopment has evolved into an opportunity to improve urban living through better infrastructure, enhanced amenities, and stronger communities.
With land availability shrinking across Mumbai, particularly in established residential neighbourhoods, redevelopment is emerging as one of the few viable solutions to address the city's future housing needs, he said.
"Over the next decade, a large number of ageing buildings across Mumbai will inevitably under...