Non-Local Developers Flock to Mumbai Real Estate Market Through Redevelopment Projects
2 hours agoBusiness
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Non-Local Developers Flock to Mumbai Real Estate Market Through Redevelopment Projects

In 2025, Mumbai's real estate market experienced a significant influx of developers from other major Indian cities like Bengaluru, Hyderabad, Chennai, and Delhi-NCR. These non-local developers are increasingly opting for redevelopment projects as a strategic entry point, bypassing large land acquisitions. Factors such as Mumbai's high property prices, scarce land, and policy incentives are driving this trend, with many developers forming partnerships with local entities to mitigate risks and leverage existing brands. This momentum is expected to continue into 2026.

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