MHADA Floats Tenders for Kamathipura Redevelopment

17 Jun 2025 CW Team

The Maharashtra Housing and Area Development Authority (MHADA) has invited tenders to appoint a Construction and Development Agency for the cluster redevelopment of Kamathipura, a historically significant neighbourhood in South Mumbai. The project will be implemented by the Mumbai Building Repairs and Reconstruction Board (MBRRB), a unit of MHADA.

Spread over 34 acres, Kamathipura comprises 943 cessed buildings across 15 narrow lanes, many of which are nearly a century old. The redevelopment, under Regulation 33(9) of the Development Control and Promotion Regulations (DCPR) 2034, marks a shift from individual building reconstruction to comprehensive cluster development.

The scheme aims to provide permanent and upgraded housing to 8,001 residents and compensation to 800 landowners. An estimated 4,500 new homes will be added to Mumbai’s housing stock, with 44,000 square metres of land to be transferred to MHADA by the selected developer.

Backed by the Government of Maharashtra, the project operates under the leadership of Chief Minister Devendra Fadnavis, Deputy Chief Minister and Housing Minister Eknath Shinde, and has the support of Assembly Speaker Rahul Narwekar, MP Arvind Sawant, MLA Amin Patel, and local residents.

The approved redevelopment blueprint, prepared by Mahimtura Consultants, is titled Kamathipura Cluster Redevelopment – Urban Village. It envisions not only new residential apartments, but also commercial spaces, recreational areas, and improved urban infrastructure.

Compensation details outlined in a July 2024 government resolution specify that landowners will receive dwelling units proportional to landholding size. Plots of up to 50 square metres will be entitled to a 500 sq ft unit, with additional units allotted for larger plots.

“This tendering process is a major step toward the revival of Kamathipura,” an MBRRB official stated. “MHADA envisions this as a model for urban regeneration in Mumbai’s heritage precincts.”

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..