The pace of redevelopment of old buildings and housing societies is picking up in Mumbai with more real estate developers entering the segment since it gives them access to space for their own projects in a city where land is a challenge.Chandak Realtors Pvt Ltd, a real estate group with over three decades in the business, has signed an agreement to redevelop a housing society with a land area of 3.6 acre in Mumbai’s Andheri suburb for a value of ₹161 crore.
Also read: 74% of Smart City projects...