As the city of Mumbai embraces the future, its old creaky buildings are being replaced by new swanky towers. Redevelopment is a sort of a magic wand that is completely changing the cityscape. Redevelopment basically refers to the process of reconstruction of the residential / commercial premises by demolition of the existing structure and construction of a new structure. This process entails the use of the land by exploiting additional TDR, FSI and Fungible FSI as specified under the Development Control Regulations to Municipal Corporation of Greater Mumbai (MCGM). Redevelopment has been envisaged to rejuvenate Mumbai which is facing tremendous land shortage.
Over the last few years, as redevelopment gathers pace, Milan Group has emerged on the horizon as a leading player in that space. Infact, Milan Group is renowned as one of the pioneers in this space and had a rich experience in handling redevelopment projects of societies. With scores of projects undertaken and many more in the pipeline, Milan Group is an active participant in changing the skyline of the city, today and in the days to come.