With escalating land prices and acquisition hurdles in Bengaluru’s core, the city could gain significantly from redevelopment initiatives modeled after Mumbai’s. Zayd Noaman, President of CREDAI Bengaluru, emphasized in a recent interview that their association is in active dialogue with lawmakers to design a redevelopment blueprint suited to the city’s unique tech-driven growth.
“If Mumbai can do it, there’s no reason Bengaluru can’t,” Noaman affirmed, noting that outdated buildings—some 30 to 50 years old—can be replaced to unlock valuable urban space, benefiting developers, buyers, and the state through increased revenue.
The scarcity and cost of central land have shifted the development focus toward commercial real estate, as residential ventures are becoming less viable unless of premium grade. “If we delay action, Bengaluru could miss a crucial window of opportunity,” he warned.
CREDAI is also pushing for reforms in the e-Khata process, collaborating with BBMP to streamline digital land records, simplify RTC and mutation procedures, and ensure faster property registration for developers and buyers. These reforms aim to boost transparency and operational efficiency.
On the infrastructure front, CREDAI is working with BWSSB to promote efficient water usage and flood-resilient planning. Suggestions include digital water metering and preserving buffer zones and stormwater channels.
While the city centre is heavily saturated, peripheral zones hold development promise—provided infrastructure like metro lines and roads are expanded to enhance connectivity and livability.
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