MHADA to Redevelop Bandra Reclamation and Adarsh Nagar Clusters

09 Apr 2025 CW Team

The redevelopment will be carried out under a Floor Space Index (FSI) of 4, with one FSI reserved for creating additional housing stock for MHADA. In Bandra Reclamation, the redevelopment area spans 2,12,042 square feet and includes 52 buildings comprising 1,688 flats ranging from 322 to 825 square feet. Post-redevelopment, residents are expected to receive upgraded homes with sea views, and the total additional built-up area for residents will be 5,04,515 square metres. MHADA will receive 1,00,190 square metres of housing stock and a premium of Rs 42.66 billion.

In Adarsh Nagar, Worli—located behind the Worli Fire Station—the redevelopment will cover 68,034 square metres. It consists of 58 buildings and 863 flats ranging between 270 and 860 square feet. The redevelopment will yield 89,557 square metres of additional built-up area for residents and 14,632 square metres for MHADA. The project is expected to generate a premium of Rs 6.80 billion.

The selected developer must be approved by at least 51 per cent of tenants and will be responsible for providing alternative accommodation, rental support, a corpus fund, and basic amenities to the original residents. This initiative is part of MHADA’s broader plan to carry out integrated redevelopment across its 56 colonies in Mumbai, including areas like Pant Nagar, Tagore Nagar, Kannamwar Nagar, Motilal Nagar, and Tilak Nagar.

News source: Hindustan Times

The Maharashtra state cabinet has approved a proposal permitting the Maharashtra Housing and Area Development Authority (MHADA) to undertake redevelopment of its residential buildings in Bandra Reclamation and Adarsh Nagar, Worli. MHADA will serve as the nodal agency for these projects and will manage both the design and construction. Housing societies within these locations will not be allowed to initiate or choose separate redevelopment plans. A private developer will be appointed by MHADA to execute the projects. The redevelopment will be carried out under a Floor Space Index (FSI) of 4, with one FSI reserved for creating additional housing stock for MHADA. In Bandra Reclamation, the redevelopment area spans 2,12,042 square feet and includes 52 buildings comprising 1,688 flats ranging from 322 to 825 square feet. Post-redevelopment, residents are expected to receive upgraded homes with sea views, and the total additional built-up area for residents will be 5,04,515 square metres. MHADA will receive 1,00,190 square metres of housing stock and a premium of Rs 42.66 billion. In Adarsh Nagar, Worli—located behind the Worli Fire Station—the redevelopment will cover 68,034 square metres. It consists of 58 buildings and 863 flats ranging between 270 and 860 square feet. The redevelopment will yield 89,557 square metres of additional built-up area for residents and 14,632 square metres for MHADA. The project is expected to generate a premium of Rs 6.80 billion. The selected developer must be approved by at least 51 per cent of tenants and will be responsible for providing alternative accommodation, rental support, a corpus fund, and basic amenities to the original residents. This initiative is part of MHADA’s broader plan to carry out integrated redevelopment across its 56 colonies in Mumbai, including areas like Pant Nagar, Tagore Nagar, Kannamwar Nagar, Motilal Nagar, and Tilak Nagar. News source: Hindustan Times

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..