2023 : A path breaking year for Redevelopment
2023 : A path breaking year for Redevelopment Since its inception in the late 90s, it has been the incentives to Developers that drove the redevelopment story. Incentives have now reached their natural limit. Where does it go next in Mumbai? And will the redevelopment story move to other cities in India ? ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- ------- In most industries, a year becomes path-breaking due to the activities that begin in that particular year. Real Estate is an industry with a lag and therefore a year would be path-breaking due to the activities that happened in the previous one or two years. Now, before you think that this blog on redevelopment is only about Mumbai, hold on. 2021 & 2022 saw big fillip being given to redevelopment in Mumbai thr...