Mumbai: Redevelopment projects have overtaken newly launched housing projects in sales in Mumbai for the first time. Redevelopment projects accounted for 15% of housing sales during 2025 and the first half of 2026, compared with around 6% between 2016 and 2021.
More than 1,000 redevelopment projects have been launched across Mumbai since 2020. These projects account for around 13% of the city’s residential supply and 15% of housing sales.
More Than 1,000 Redevelopment Projects Launched Since 2020
Redevelopment activity is spread across different parts of Mumbai, but the Western Suburbs account for a substantial share of the projects and sales.
Borivali, Malad, Andheri, Vikhroli and Goregaon together account for around 36% of redevelopment projects launched since 2020. This means that more than one-third of the redevelopment projects launched during this period are concentrated across these five locations.
The Western Suburbs also accounted for around 35% to 45% of redevelopment launches and sales during 2025 and the first half of 2026, making the region a major contributor to the city’s redevelopment activity during this period.
Mumbai Has 1,202 Active Slum Rehabilitation Projects
Mumbai’s redevelopment activity also includes slum rehabilitation projects. The city currently has 1,202 active slum rehabilitation projects, covering 321,858 hutments spread across 2,156 acres.
Another part of Mumbai’s redevelopment requirement comes from ageing cessed buildings. The city has around 13,500 cessed buildings that require urgent replacement. The Western Suburbs account for 22.4% of these buildings, while South Mumbai accounts for 14.2%.
