MHADA to take up redevelopment of Patra Chawl in Goregaon
Real Estate

MHADA to take up redevelopment of Patra Chawl in Goregaon

The Maharashtra Housing Area Development Authority (MHADA) is set to take over the redevelopment of Goregaon West's Siddharth Nagar (Patra) chawl.

The state housing department issued a government resolution (GR) ordering MHADA to finish the stalled redevelopment and hand over tenements to the 672 tenants and 306 citizens who won allotments through the authority's lottery system. Rent arrears will also be paid to the tenants.

MHADA is also directed to use all legal means to ensure that it receives its legal share of the redeveloped area, according to the GR. Siddharth Nagar spans 47 acres, and the developer, Guruashish, is accused of selling land parcels to nine other developers without MHADA's permission. After the comptroller and auditor general (CAG) pointed out the discrepancies in counting the actual area, the case went to court.

The Bombay High Court and the National Company Law Appellate Tribunal (NCLAT) are currently hearing the case.

The cabinet approved the Johny Joseph Committee's recommendation, allowing MHADA to sell flats at market rates as a one-time concession to recoup redevelopment costs. MHADA will also be given a floor space index of 4 for the undeveloped area.

MHADA must obtain state approval before issuing a letter of intent for redevelopment to a developer for any of its layouts, according to another GR issued by the housing department.

Image Source


Also read: Slum redevelopment on Mumbai airport land gets state govt approval

Also read: BDD chawl redevelopment: Maha Govt ensures no one becomes homeless

The Maharashtra Housing Area Development Authority (MHADA) is set to take over the redevelopment of Goregaon West's Siddharth Nagar (Patra) chawl. The state housing department issued a government resolution (GR) ordering MHADA to finish the stalled redevelopment and hand over tenements to the 672 tenants and 306 citizens who won allotments through the authority's lottery system. Rent arrears will also be paid to the tenants. MHADA is also directed to use all legal means to ensure that it receives its legal share of the redeveloped area, according to the GR. Siddharth Nagar spans 47 acres, and the developer, Guruashish, is accused of selling land parcels to nine other developers without MHADA's permission. After the comptroller and auditor general (CAG) pointed out the discrepancies in counting the actual area, the case went to court. The Bombay High Court and the National Company Law Appellate Tribunal (NCLAT) are currently hearing the case. The cabinet approved the Johny Joseph Committee's recommendation, allowing MHADA to sell flats at market rates as a one-time concession to recoup redevelopment costs. MHADA will also be given a floor space index of 4 for the undeveloped area. MHADA must obtain state approval before issuing a letter of intent for redevelopment to a developer for any of its layouts, according to another GR issued by the housing department. Image Source Also read: Slum redevelopment on Mumbai airport land gets state govt approval Also read: BDD chawl redevelopment: Maha Govt ensures no one becomes homeless

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