MHADA approves redevelopment of Old Chikhalwadi chawl in Mumbai
Real Estate

MHADA approves redevelopment of Old Chikhalwadi chawl in Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has approved the cluster redevelopment of old Chikhalwadi chawl at Tardeo in south Mumbai .

It is spread across a 1.54 acres plot, with more than 200 people living in it. The chawl will make way for a 36 storey tower.

The redevelopment has been underway since 2002 and recently got approval from a high-powered panel appointed by the state. According to the officials, the difficulty is the redevelopment of the cluster with a width of 18 meters along the road around the plot.

The developers had sought permission to allow redevelopment with a 12-meters wide road, and in July, the state government approved the permission. With the MHADA's approval, this project will be the first redevelopment under the Cluster Development Scheme cleared under new rules.

The joint secretary of the residents association, Suraj Shetty, told the media that the project had begun with MHADA signing an agreement and had issued a no-objection certificate (NOC) to the builder.

He said that all the 228 tenants would get 583 sq ft of usable carpet area along with a Rs 6 lakh corpus fund. The association has asked the developer to keep a contingency fund, and the work is expected to commence next month. Also, the tenants support the redevelopment project.

Rajendra Chaturvedi, an official of the developer's firm, said that the project would be completed in the next four years.

Image Source

Also read: BDD chawl redevelopment: Maharashtra govt lays foundation stone
Also read: Maharashtra govt allows SRA to survey all slums in Mumbai and Thane

The Maharashtra Housing and Area Development Authority (MHADA) has approved the cluster redevelopment of old Chikhalwadi chawl at Tardeo in south Mumbai . It is spread across a 1.54 acres plot, with more than 200 people living in it. The chawl will make way for a 36 storey tower. The redevelopment has been underway since 2002 and recently got approval from a high-powered panel appointed by the state. According to the officials, the difficulty is the redevelopment of the cluster with a width of 18 meters along the road around the plot. The developers had sought permission to allow redevelopment with a 12-meters wide road, and in July, the state government approved the permission. With the MHADA's approval, this project will be the first redevelopment under the Cluster Development Scheme cleared under new rules. The joint secretary of the residents association, Suraj Shetty, told the media that the project had begun with MHADA signing an agreement and had issued a no-objection certificate (NOC) to the builder. He said that all the 228 tenants would get 583 sq ft of usable carpet area along with a Rs 6 lakh corpus fund. The association has asked the developer to keep a contingency fund, and the work is expected to commence next month. Also, the tenants support the redevelopment project. Rajendra Chaturvedi, an official of the developer's firm, said that the project would be completed in the next four years. Image Source Also read: BDD chawl redevelopment: Maharashtra govt lays foundation stone Also read: Maharashtra govt allows SRA to survey all slums in Mumbai and Thane

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement