MHADA to develop long-delayed project in Mumbai’s Goregaon
Real Estate

MHADA to develop long-delayed project in Mumbai’s Goregaon

The Maharashtra Housing Area Development Authority (MHADA) will get around 4 lakh sq ft built-up area for construction of a project which has been stuck for almost a decade.

The development of the remaining land will be a cluster development, the Housing Minister, Jitendra Awhad, told the media.

The state cabinet decided that MHADA will be the developer of Siddharth Nagar, Patra Chawl in Goregaon West, where the work is closed for a decade.

The state cabinet decided to allow MHADA to sell flats at market prices. It will enable MHADA to recover the cost it will incur in the redevelopment for the tenants. It will have to raise funds for the redevelopment by making provision in its budget.

The former chief secretary, Johny Joseph, recommended MHADA to carry out its redevelopment. The report urged all the 672 tenants to be rehabilitated and rent to be paid to them. The 306 lottery winners will be allotted homes after completion of the construction work.

The tenants will be paid the rents for which they have not been paid. About 60% of the construction work is completed, and the flats will be available to the tenants in the next two years, Awhad said.

According to the committee's recommendations, MHADA will have to appoint a committee of its three representatives and two experts. The committee will calculate the quantity of Floor Space Index (FSI) used by the developers, dues owed to MHADA, construction cost, project revenue, and it will ensure that while recovering the debt from the developers, the housing authority faces no loss.

Image Source


Also read: MahaRERA demands to make information about flats sold public

Also read: Maharashtra town planning body puts 182 Navi Mumbai plots on block

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Maharashtra Housing Area Development Authority (MHADA) will get around 4 lakh sq ft built-up area for construction of a project which has been stuck for almost a decade. The development of the remaining land will be a cluster development, the Housing Minister, Jitendra Awhad, told the media. The state cabinet decided that MHADA will be the developer of Siddharth Nagar, Patra Chawl in Goregaon West, where the work is closed for a decade. The state cabinet decided to allow MHADA to sell flats at market prices. It will enable MHADA to recover the cost it will incur in the redevelopment for the tenants. It will have to raise funds for the redevelopment by making provision in its budget. The former chief secretary, Johny Joseph, recommended MHADA to carry out its redevelopment. The report urged all the 672 tenants to be rehabilitated and rent to be paid to them. The 306 lottery winners will be allotted homes after completion of the construction work. The tenants will be paid the rents for which they have not been paid. About 60% of the construction work is completed, and the flats will be available to the tenants in the next two years, Awhad said. According to the committee's recommendations, MHADA will have to appoint a committee of its three representatives and two experts. The committee will calculate the quantity of Floor Space Index (FSI) used by the developers, dues owed to MHADA, construction cost, project revenue, and it will ensure that while recovering the debt from the developers, the housing authority faces no loss. Image Source Also read: MahaRERA demands to make information about flats sold public Also read: Maharashtra town planning body puts 182 Navi Mumbai plots on block

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement