Redevelopment, rehabilitation and upgradation projects are those that involve any new construction or reconstruction on a site with a pre-existing structure such as an industrial site, residential building, commercial complex or mixed-use structure.
The collapsed Sion-Dharavi-Mahim bridge in Mumbai will be rebuilt by the the Brihanmumbai Municipal Corporation (BMC) at a cost of Rs 11 crore. The collapsed in 2011. Officials said work will begin after the monsoon. The bridge that is to connect Tulsi Pipe Road to Bandra (E) junction will be tabled during the civic standing committee next week.
For the ambitious Rs 5,600-crore Dharavi revamp project in Mumbai, the Maharashtra government has given an in-principle approval. The State Chief Minister Prithviraj Chavan on August 7 approved the sanction plan after incorporating several of the nearly 755 suggestions and objections the government received since it was put on public notice.
Three road projects that are in the pipeline will offer better connectivity to Bandra-Kurla Complex in Mumbai. The Mumbai Metropolitan Region Development Authority has already invited bids for an elevated road to connect the Eastern Express Highway near the Somaiya grounds to BKC.
Dharavi, a splice of prime land in the heart of Mumbai, is termed as gold mine by many real estate developers. The Dharavi Redevelopment Authority (DRA) [earlier this year] had invited global as well as domestic players to submit their bids latest by April 20.