Maharashtra Approves Redevelopment of 4,973 Flats in SVP Nagar, Andheri

24 Sep 2025 CW Team

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the redevelopment of 4,973 flats across 498 plots in Sardar Vallabhbhai Patel (SVP) Nagar, Andheri (West). The project, to be executed through the Maharashtra Housing and Area Development Authority (MHADA), is among the largest redevelopment initiatives undertaken by the authority in Mumbai.

SVP Nagar, originally developed in 1993 under a World Bank-assisted housing scheme for Low Income Group (LIG) and Middle Income Group (MIG) families, spans hundreds of plots. The colony comprises:

98 cooperative housing societies
24 high-income apartment plots
62 individual plots (60 sq m each)
245 individual plots (100 sq m each)

With over 80 societies and 2,600+ families, the redevelopment plan will significantly transform the area.

Redevelopment of seven societies has already been completed, while three are under construction and agreements have been signed for another six societies. MHADA will now focus on redeveloping the remaining 82 societies, housing around 2,666 families.

Over the years, several buildings and chawls in SVP Nagar have become dilapidated, creating an urgent need for modernisation. The redevelopment aims to provide residents with spacious, contemporary apartments while improving safety and living standards.

Aligned with BMC’s Development Control Regulations (DCR), MHADA’s plan envisions a township-style layout featuring residential, recreational, educational, health, and commercial facilities. Despite its origins as affordable housing, SVP Nagar today also houses film production houses and an acting school, reflecting its unique cultural mix.

News source: The Indian Express

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..