Public housing redevelopment in Mumbai requires intricate interactions between the concerned stakeholders, including residents, developers, and government agencies and regulatory bodies, making trust among stakeholders indispensable for implementing redevelopment successfully. In this study, the impact of stakeholder trust on the implementation of redevelopment has been examined, focusing on the issues of generating consent, cooperation among stakeholders, managing resistance, sustaining project continuity, and achieving rehabilitation outcomes. Pragmatism has been the philosophical base of the research, while an embedded multi-case study design has been used with a qualitative approach predominant. Semi-structured interviews, documentary data, redevelopment projects, Letters of Intent (LOIs), Annexure II, court records, committee decisions, and field observations have been used for collecting data from cooperative housing societies, Slum Rehabilitation Authority (SRA), and dangerous building redevelopment projects in Mumbai. It has been found that open communication, honest documentation process, sustained stakeholder engagement, and good leadership can increase stakeholder trust, which facilitates cooperation among stakeholders, minimizes implementation delays, ensures project continuity, and enhances rehabilitation outcomes. The study concludes that stakeholder trust acts as a governance resource. More specifically, the findings identify Stakeholder Trust Capital as accumulated credibility that sustains cooperation under uncertainty and expose a Delay Economy, or Delayed Economy, produced through Incentivised Delay Architecture when unresolvedness itself preserves bargaining, political, procedural, or informal advantage. These mechanisms are interpreted through the People-Policy-Management framework.