BDD Chawl Redevelopment: MHADA to Provide 11 Months' Rent

19 Jun 2024 CW Team

In the BDD Chawl Redevelopment Project, eligible tenants, who have not opted for transit camp accommodations provided by MHADA, will receive this rent. Initially, tenants were given 11 months' rent in advance and it was decided that after this instalment they will be given rent on monthly basis. However, tenants requested that the rent be given in a lump sum for the next 11 months as well. Responding positively to this demand, Sanjeev Jaiswal, Vice President and Chief Executive Officer, MHADA, approved this proposal.

According to this decision, this policy will continue until tenants are relocated to the new rehabilitation units. Eligible tenants, verified by the concerned Executive Engineer, will receive 11 months' rent in one installment. If the stay extends beyond 11 months, tenants will receive the corresponding rent for the duration of their stay. Rent will be provided based on the actual duration of stay, not just a blanket 11 months.

The BDD Chawl Redevelopment Project spread over 92 acres of land is the biggest ever project of urban renewal and is the most ambitious project of urban of the Maharashtra Government, with redevelopment work progressing rapidly at Worli, Naigaon, and NM Joshi Marg-Lower Parel. Under this project, eligible residential tenants are provided accommodations in transit camps by MHADA. However, due to a shortage of available units, tenants are given the option to receive rent instead. Eligible residential tenants, who do not prefer transit accommodations are given ₹25,000 per month as rent by MHADA. Similarly, non-residential tenants also receive ₹25,000 per month as compensation.

Lottery for Worli Rehabilitation Units

The computerised lottery for allocation of rehabilitation units to eligible tenants in the Worli BDD Chawl Redevelopment Project will be held next week.

To make it easier for tenants in old BDD chawls to vacate their premises and to encourage more tenants to cooperate, MHADA has decided to provide eligible tenants with 11 months' rent in one installment. This decision follows an initial payment of 11 months' rent, which was given to tenants at the beginning of the project.In the BDD Chawl Redevelopment Project, eligible tenants, who have not opted for transit camp accommodations provided by MHADA, will receive this rent. Initially, tenants were given 11 months' rent in advance and it was decided that after this instalment they will be given rent on monthly basis. However, tenants requested that the rent be given in a lump sum for the next 11 months as well. Responding positively to this demand, Sanjeev Jaiswal, Vice President and Chief Executive Officer, MHADA, approved this proposal.According to this decision, this policy will continue until tenants are relocated to the new rehabilitation units. Eligible tenants, verified by the concerned Executive Engineer, will receive 11 months' rent in one installment. If the stay extends beyond 11 months, tenants will receive the corresponding rent for the duration of their stay. Rent will be provided based on the actual duration of stay, not just a blanket 11 months.The BDD Chawl Redevelopment Project spread over 92 acres of land is the biggest ever project of urban renewal and is the most ambitious project of urban of the Maharashtra Government, with redevelopment work progressing rapidly at Worli, Naigaon, and NM Joshi Marg-Lower Parel. Under this project, eligible residential tenants are provided accommodations in transit camps by MHADA. However, due to a shortage of available units, tenants are given the option to receive rent instead. Eligible residential tenants, who do not prefer transit accommodations are given ₹25,000 per month as rent by MHADA. Similarly, non-residential tenants also receive ₹25,000 per month as compensation.Lottery for Worli Rehabilitation Units The computerised lottery for allocation of rehabilitation units to eligible tenants in the Worli BDD Chawl Redevelopment Project will be held next week.

Infrastructure Urban

05 Nov 2025

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..

Infrastructure Energy

05 Nov 2025

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..

Infrastructure Urban

05 Nov 2025

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..