Mumbai Real Estate Update: SRA to Acquire New 20,000 sq ft Office Near BKC
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SRA to Acquire New 20,000 sq ft Office Near BKC Mumbai’s Real Estate and the Role of SRA Mumbai, often called the financial capital of India , is also home to one of the most complex real estate markets in the world. From luxury skyscrapers in Bandra Kurla Complex (BKC) to densely populated slum clusters in Dharavi, the city showcases extreme contrasts. In this ecosystem, the Slum Rehabilitation Authority (SRA) plays a critical role. Established in the late 1990s under the Maharashtra Slum Rehabilitation Act , the SRA is responsible for redeveloping slums and providing legal housing to millions of people living in informal settlements. Recently, the SRA has made headlines by announcing its plan to purchase a new 10,000–20,000 sq ft office space near BKC , Mumbai’s premium commercial hub. This move reflects not just an administrative expansion but also deeper ch...