MUMBAI: The High Powered Committee of the state government has approved the Kamathipura Redevelopment Project. Mhada, acting as the nodal agency, has invited bids for this redevelopment under the Construction and Development Agency model.
According to a Mhada survey, there are 800 old and dilapidated buildings in Kamathipura across 34 acres. Many of these structures are over a century old and beyond repair. Most of the properties, which are privately owned, are only 50 sq meters in size, making it financially unfeasible for landlords to initiate redevelopment. Consequently, the state has tasked Mhada’s Repair and Reconstruction Board with overseeing the redevelopment of Kamathipura.
Local MLA Amin Patel, a strong advocate for revitalizing the area known for its former status as the city’s red light district, stated that the project is now awaiting final approval from Housing Minister and Deputy CM Eknath Shinde. “Each tenant will receive a two BHK flat with a carpet area of 500 sq feet, while landlords will also get similar accommodation for every 50 sq meters of land,” he mentioned.
The Kamathipura redevelopment follows closely on the heels of ongoing projects for BDD chawls in Worli, Naigaum, and N M Joshi Marg. In Naigaum, 864 flats from the first phase are ready to be allocated to tenants, although the handover event scheduled for earlier this week has been postponed.
