IndustryLatest Stories

MHADA Approves Consortium for 33-Acre Abhyudaya Nagar Project

The Maharashtra Housing and Area Development Authority (MHADA) has granted a letter of acceptance (LoA) to a consortium made up of M.G.N. Agro Properties, N.N.P. Buildcon, and Honest Shelters for the large-scale redevelopment of the Abhyudaya Nagar colony. This area spans 33 acres in Kalachowki, South Mumbai, and signifies a significant advancement in the city’s public housing renewal efforts. As part of the redevelopment initiative, residents currently residing in 210 sq ft tenements will receive new flats of 641 sq ft carpet area at no cost. This project will follow a Construction and Development (C&D) model managed by an appointed…

Latest StoriesRegulatory

Bombay HC Panel: 400K Residents in Risky Buildings

MUMBAI: A committee appointed by the Bombay High Court has described it as a “miracle” that thousands of residents are still living in structurally unsafe buildings. The report raises serious concerns about the deteriorating condition of Mumbai’s ageing cessed structures, citing significant delays in redevelopment and a critical shortage of rehabilitation housing. The committee estimates that around 400,000 tenants occupy 12,552 cessed buildings in Mumbai, many of which are in poor condition and awaiting redevelopment. Prolonged legal disputes and insufficient transit accommodation have forced residents to remain in these unsafe environments. The risks were starkly highlighted when committee members narrowly…

IndustryLatest Stories

900+ Acres of Mhada Layouts to Be Redeveloped in Mumbai

Certainly! Here’s a rewritten version of the given content, keeping the core information intact: Representative Image MUMBAI: In the coming years, a dozen Mhada layouts, covering 923 acres throughout the city, will be redeveloped, facilitating the rehabilitation of 75,445 residents currently living there, according to Sanjeev Jaiswal, vice-president and CEO of Mhada. The rehabilitation process is expected to take place over 5-10 years following the start of construction. During a media briefing on Friday, Jaiswal shared that some of the redevelopment projects have already been awarded, while tenders are being invited for others. Specifically, redevelopment proposals for the 250-acre Charkop…

Latest StoriesResidential

MHADA to Redevelop Four Unsafe Buildings in Sion, Mumbai

NEW DELHI: The Maharashtra Housing and Area Development Authority (MHADA) has given the green light for the redevelopment of four unsafe transit buildings at Sion Pratikshanagar. Sanjeev Jaiswal, vice president and CEO of the authority, has announced that requests for rehabilitation within the same layout will be approved. Additionally, the proposal for middle-income group (MIG) sale buildings has been cancelled, benefiting 261 families and four shop owners from Transit Buildings No. 36, 37, 53, and 54. Plans call for the construction of two new buildings with stilt plus 22 floors, providing a total of 322 transit tenements. The project is…

InfrastructureLatest Stories

Maharashtra Cabinet OKs Iconic City and MHADA Redevelopment Plans

MUMBAI: On Tuesday, the Maharashtra cabinet sanctioned a policy for concept-driven iconic city development, aimed at maximizing land utilization held by CIDCO and various authorities. It also approved the redevelopment of certain MHADA colonies. The meeting was headed by Chief Minister Devendra Fadnavis, according to an official release. The City and Industrial Development Corporation (CIDCO) leases land parcels for diverse purposes via auctions, permitting project construction under the lease and Development Control and Promotion Regulation (DCPR) 2020 guidelines. However, for land parcels controlled by multiple construction and development operators (CDOs), integrated township-style development is currently unfeasible, the CM’s office stated.…

Latest StoriesResidential

500+ Worli BDD Chawl Tenants in Mumbai to Receive Flats

MUMBAI: After a lengthy wait, 556 families from Worli’s BDD chawls will receive the keys to their new 500-sq ft apartments on Thursday. Two of the redevelopment phases—Wings D and E—are ready for occupancy. A ceremony will see chief minister Devendra Fadnavis and his deputy Eknath Shinde present keys to fifteen families involved in the redevelopment campaign, along with a few senior citizens. The remaining keys will be distributed later at the Mhada office. Bajrang Kale, 53, recites his former address. “Room No. 78, Building No. 31, 3rd floor, Worli BDD Chawl, GM Bhosle Marg—that’s the old address,” he notes,…