Bonanza for realtors as Mumbai to get 3,355 hectares more for development on housing sector

26 Apr 2018 | Source:  Money life

Ms Shubika Bilkha, Director Real Estate Management Institute, shared her views on how Mumbai Development Plan 2034, where Mumbai is currently facing land shortage but after this plan coming up, it has changed the earlier demarcated land categories and has opened up use of the salt pan land for affordable housing projects. 10 lac economical homes are expected to be built on these lands. This plan will lead to one of the biggest additions in organizable land for housing purpose in recent history.