Tag: Mumbai slum redevelopment

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SRA Identifies 18 New Clusters for Mumbai Redevelopment

The Slum Rehabilitation Authority (SRA) has identified 18 new slum clusters in the Mumbai Metropolitan Region for redevelopment as part of the state government’s Slum Cluster Area Redevelopment Scheme. This follows investor interest in its pilot project in Andheri (West), according to sources familiar with the matter. This initiative aligns with Maharashtra’s strategy to create a slum-free Mumbai, providing secure, permanent housing through extensive redevelopment initiatives outlined in the State Housing Policy 2025. Officials have begun gathering approvals from the High-Powered Committee for significant clusters, including Majaswadi in Andheri (East), Behrampada in Bandra (East), and the Wadala Truck Terminal area.…

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Reliance Consortium Wins 101-Acre Mumbai Slum Redevelopment Bid

MUMBAI: A consortium led by Reliance Industries’ subsidiary, Reliance 4IR Realty Development, in collaboration with Mahadev Realtors Juhu, has successfully won the bid for the redevelopment of the 101.36-acre Juhu Galli slum cluster in Andheri (West), making it one of the largest slum redevelopment projects in Mumbai. The tender process was overseen by the Slum Rehabilitation Authority (SRA) and drew bids from major corporate groups, including Reliance, JSW, and the Shapoorji Pallonji Group. The Reliance-led consortium emerged victorious in the bidding process. The redevelopment plan aims to construct over 28,000 homes for eligible slum residents. This initiative falls under the…

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Mumbai’s SRA Freezes Builders’ Sale Flats to Ensure Rent

MUMBAI: The Slum Rehabilitation Authority (SRA) has mandated developers to deposit an advance rent covering two years for slum residents in their projects. Additionally, the SRA has started ‘freezing’ sale flats equivalent to three years of rent until builders provide new homes to qualified slum dwellers. This proactive measure aims to ensure that rent payments are secured and permanent housing is provided to eligible slum residents, according to SRA officials. This is the first instance of the SRA freezing portions of flats or commercial units from projects to prevent developers from neglecting their rental obligations to slum dwellers. SRA previously…

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Maharashtra CM: Cluster Redevelopment to Aid 700K Slum Dwellers

Representative AI image MUMBAI: Approximately seven lakh slum dwellers will benefit from the slum cluster redevelopment scheme, as informed to CM Devendra Fadnavis during the 16th meeting of the Slum Rehabilitation Authority (SRA) on Friday at the Sahyadri state guesthouse. SRA chief Mahendra Kalyankar stated, “Due to the limited response to joint venture projects and stalled schemes, the government has decided to promote integrated and sustainable development under the Slum Cluster Redevelopment scheme, in alignment with the state housing policy for 2025.” He added that the process to identify slum cluster areas is underway. During the meeting, an additional Rs…