The redevelopment of the old Chikhalwadi settlement had remained pending for more than two decades. During this period, as many as 36 developers attempted to undertake the project but were unable to complete it

The market showed a clear shift toward higher-value properties. The share of homes priced above Rs 5 crore rose to 8 per cent from 6 per cent a year ago, while the Rs 2–5 crore segment expanded to 20 per cent from 17 per cent, and the Rs 1–2 crore bracket increased to 33 per cent from 31 per cent