MHADA CEO Orders Handover of Reserved DP Roads to BMC

10 Jan 2025 CW Team

The Maharashtra Housing and Area Development Authority (MHADA) has taken a significant decision to handover the reserved DP roads in MHADA layouts to the Brihanmumbai Municipal Corporation’s. This announcement was made by Sanjeev Jaiswal, IAS, Vice President and CEO of MHADA, during a meeting held at the MHADA headquarters.

MHADA has a total of 114 layouts in Mumbai, many of which include roads reserved under BMC’s official Development Plan for public use. Recognizing the importance of these roads for public welfare, Jaiswal instructed the Executive Engineers and Estate Managers to immediately hand over all reserved road to BMC in their current state. The roads will be transferred as they are, whether clear of unauthorised structures or with existing encroachments.

This decision will ensure that the responsibility for the maintenance, repair, and management of these roads shifts entirely to BMC. It will also allow the civic body to align these roads with Mumbai’s overall Development Plan, enabling smoother road construction and improvements. For residents of MHADA layouts, this move is expected to speed up road development, improve maintenance, and enhance overall living conditions.

At present, many redevelopment and infrastructure projects are underway across Mumbai. However, the lack of proper handover of reserved roads has delayed several key projects. This issue had been flagged in multiple meetings in the past. By taking this decisive step, MHADA has resolved a long-pending issue that was slowing down city-wide development efforts.

Jaiswal emphasised that this decision will benefit residents by addressing a bottleneck in road development, ensuring that the civic body can focus on its long-term urban planning goals. The transfer of responsibility to BMC will also lead to more efficient road management in MHADA layouts, ultimately aligning with Mumbai’s broader infrastructure needs.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..