🚨 Dharavi Redevelopment = Real Estate Disruption? While the nation praises this ₹20,000 Cr project for urban renewal, there’s a silent storm brewing in Mumbai’s real estate market — the massive free sale area coming up in the heart of the city. Under the SRA model, developers receive “free sale area” as compensation. In Dharavi’s case, it’s estimated to be 60–70 lakh sq. ft. That’s equivalent to multiple Lodha-sized projects — all in one tight central location. What happens when that much supply floods the market? 📉 Mid-Market Impact Expect pressure on 2 & 3 BHK segments priced ₹1.5–2.5 Cr in Sion, Wadala, Kurla. Competing projects may have to revise pricing strategies. 📉 Investor Sentiment Shift Too much inventory kills scarcity. Capital gains may flatten. Investors might adopt a wait-and-watch approach. 📉 Absorption Strain 6–7 lakh sq. ft. annually over a decade — can Mumbai absorb that smoothly? 📉 Land Price Reset This supply can impact land deals in Mahim, Dadar, and Si...