State approves cluster redevelopment in Abhyudaya Nagar

The state government has approved cluster redevelopment in Abhyudaya Nagar, a colony of 48 three- and four-storey buildings spread across 33 acres in Parel, which houses 3,410 residents. In an order issued on Wednesday, the state housing department said the Maharashtra Housing and Area Development Authority (MHADA), which had constructed the colony more than 60 years ago, had been directed to appoint a construction and development agency to spearhead the redevelopment project.

The agency, to be selected via bidding, must obtain the consent of 51% residents to qualify for undertaking the project. “To speed up the project, a five-member empowered committee headed by the additional chief secretary of the housing department has also been formed,” the order said. The committee’s responsibilities include approving the appointment of an architect and a financial advisor, monitoring the bidding process, finalising a bidder, and resolving all issues related to the project, it further stated.

https://www.hindustantimes.com/cities/mumbai-news/state-approves-cluster-redevelopment-in-abhyudaya-nagar-101710097567864.html

Source: Hindustan Times

Leave a Reply

Your email address will not be published. Required fields are marked *