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Maharashtra Cabinet OKs Slum Redevelopment Scheme for Mumbai

MUMBAI: On Tuesday, the Maharashtra Cabinet approved a scheme aimed at redeveloping slums in Mumbai into integrated housing projects that will improve living conditions and urban infrastructure. The Slum Rehabilitation Authority (SRA), a state agency, will implement this redevelopment initiative, which is designed to accelerate large-scale slum redevelopment and enhance urban infrastructure in the financial capital. According to a statement from Chief Minister Devendra Fadnavis’s office after the Cabinet meeting, the scheme will transform slum clusters into integrated housing developments, thereby providing improved living conditions and creating opportunities for private investment and construction activity. This initiative is expected to generate…