News > Mumbai: Is Self Redevelopment A Panacea Or Real Solution?

Mumbai: Is Self Redevelopment A Panacea Or Real Solution?

Land in Mumbai city which is surrounded by water on three sides is scarce and has a premium. With builders cornering huge tracts of land, the stalemate has not only split Mumbai’s skyline but also locked its precious land indefinitely. 

Now with banks giving loans to members for self redevelopment keeping the land mortgaged implementation should not be a problem anymore.