+
Adani Lodha JSW Realty Vie For MHADA Redevelopment Projects
Real Estate

Adani Lodha JSW Realty Vie For MHADA Redevelopment Projects

Adani Properties, Lodha Developers and JSW Realty and Infrastructure are competing for redevelopment contracts for three major MHADA layouts in Mumbai. The parcels include 98.27 acres at Bandra Reclamation, 34.33 acres across Adarsh Nagar, Worli, and 73.89 acres at SVP Nagar, Andheri West, together covering more than 200 acres. The three projects encompass thousands of tenements and have been identified for redevelopment as they date from the early decades after MHADA's formation and show limited development.

The redevelopment is being pursued under MHADA's construction and development agency model, a cluster redevelopment approach in which a developer rebuilds an entire plot, rehousing eligible residents in situ while securing a portion of land for sale. Eligible residents receive replacement flats sized according to their current units, with the developer obligated to provide the agreed quantum of housing stock to MHADA as part of the bid evaluation. A comparable scheme is under way at Motilal Nagar, Goregaon.

Tenders were invited until May 18 and the bids will be evaluated on technical and financial criteria, with the highest bidder being the one that commits the largest housing allocation to MHADA. Approvals from the Maharashtra government are required before work can begin, and the authority has also identified Ramkrishna Nagar in Khar and the Old MHB Colony in Borivali as the next layouts to be redeveloped. Legal challenges have been mounted by some residents in the three plots, though courts have previously ruled in favour of MHADA in similar disputes.

At Bandra Reclamation the 98.27 acres comprise 1,147 tenements, with eligible replacement carpet areas ranging from 930 sqft to 1,980 sqft. Monthly rent for residents rehoused during redevelopment starts at Rs 45,000 and rises to Rs 0.1 million (mn) for larger units. In Adarsh Nagar, Worli, 873 homes are eligible for replacement flats between 700 sqft and 2,150 sqft as calculated under Section 33(5) of the Development Control and Promotion Regulations. SVP Nagar comprises 4,548 tenements with replacement sizes from 680 sqft to about 2,280 sqft.

Adani Properties, Lodha Developers and JSW Realty and Infrastructure are competing for redevelopment contracts for three major MHADA layouts in Mumbai. The parcels include 98.27 acres at Bandra Reclamation, 34.33 acres across Adarsh Nagar, Worli, and 73.89 acres at SVP Nagar, Andheri West, together covering more than 200 acres. The three projects encompass thousands of tenements and have been identified for redevelopment as they date from the early decades after MHADA's formation and show limited development. The redevelopment is being pursued under MHADA's construction and development agency model, a cluster redevelopment approach in which a developer rebuilds an entire plot, rehousing eligible residents in situ while securing a portion of land for sale. Eligible residents receive replacement flats sized according to their current units, with the developer obligated to provide the agreed quantum of housing stock to MHADA as part of the bid evaluation. A comparable scheme is under way at Motilal Nagar, Goregaon. Tenders were invited until May 18 and the bids will be evaluated on technical and financial criteria, with the highest bidder being the one that commits the largest housing allocation to MHADA. Approvals from the Maharashtra government are required before work can begin, and the authority has also identified Ramkrishna Nagar in Khar and the Old MHB Colony in Borivali as the next layouts to be redeveloped. Legal challenges have been mounted by some residents in the three plots, though courts have previously ruled in favour of MHADA in similar disputes. At Bandra Reclamation the 98.27 acres comprise 1,147 tenements, with eligible replacement carpet areas ranging from 930 sqft to 1,980 sqft. Monthly rent for residents rehoused during redevelopment starts at Rs 45,000 and rises to Rs 0.1 million (mn) for larger units. In Adarsh Nagar, Worli, 873 homes are eligible for replacement flats between 700 sqft and 2,150 sqft as calculated under Section 33(5) of the Development Control and Promotion Regulations. SVP Nagar comprises 4,548 tenements with replacement sizes from 680 sqft to about 2,280 sqft.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code