Mumbai redevelopment: Essential financial and legal strategies for property owners to safeguard their interests
Last Update Date: 06-10-2026
Published by Hindustan Times
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that an existing home loan carries over to the new flat after redevelopment, so a fresh loan agreement is not required.
More of Abhishek's views on money management
The article looks at the wave of housing society redevelopment in Mumbai and the financial and legal planning owners need. It covers how the process works, paying EMIs and extra rent while away from home, bank-backed security and escrow in agreements, and keeping a liquidity buffer for delays or rent increases.
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Mumbai redevelopment: Essential financial and legal strategies for property owners to safeguard their interests