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As Bengaluru grapples with soaring land prices and dwindling availability in its central districts, the city is poised for a transformation inspired by Mumbai’s successful redevelopment model. Zayd Noaman, President of Credai Bengaluru, believes that adopting such strategies could unlock valuable land, upgrade urban infrastructure, and meet the city’s growing real estate needs.
“In Mumbai, redevelopment has turned aging neighborhoods into modern, high-value zones. If Mumbai can do it, Bengaluru can too,” Noaman told Hindustan Times. With many 30–50-year-old buildings in Bengaluru, redevelopment isn’t just a developer’s dream-it’s a potential game-changer for the entire city. Upgrading these structures would benefit developers, homebuyers, and the government by generating substantial revenue and revitalizing the cityscape.
Credai Bengaluru is actively working with policymakers to craft a redevelopment framework tailored for the city. Noaman emphasized that while the process will be gradual-requiring new laws and public consensus-delays could mean missed opportunities for years, as seen in Mumbai’s own redevelopment journey.
With central Bengaluru nearing saturation and land costs skyrocketing, residential development is increasingly difficult. “We’re seeing a tilt toward commercial projects in these areas,” Noaman explained. Only luxury or high-grade residential projects can justify costs in prime zones, making affordable or mid-range housing nearly impossible without redevelopment.
Credai Bengaluru, representing over 230 members, is investing in technology to boost transparency and efficiency. Initiatives include:
These steps are crucial for sustainable, organized growth and to curb unplanned urban sprawl.
Working closely with the BBMP, Credai is improving the e-Khata system to support bulk applications from developers and ensure timely issuance for homebuyers. Simplifying and digitizing RTC and mutation processes will further enhance transparency and operational efficiency.
Partnering with the BWSSB, Credai is pushing for:
Developers like Prestige are already upgrading drains to prevent urban flooding and improve water flow.
While central Bengaluru is densely built, the city’s periphery-with ample agricultural land-offers promise for new development, provided infrastructure keeps pace. Expanded metro lines and improved road networks could make these areas more attractive for both residential and commercial growth.
Zayd Noaman urges Bengaluru to act now: “We have the opportunity now. If we don’t begin, we’ll miss it for years.” With Credai’s ongoing collaboration with government bodies, Bengaluru could soon see a more sustainable, transparent, and efficient urban development framework-mirroring Mumbai’s redevelopment success and setting the stage for long-term growth.
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