October 09, 2025: In a significant step toward reviving Mumbai’s delayed housing projects, the Brihanmumbai Municipal Corporation (BMC) has finalised developers for 15 out of 21 stalled slum rehabilitation schemes constructed on municipal land. The move has reignited hope among thousands of slum dwellers awaiting permanent housing.
According to the civic body, developers offering at least 25% above the land value were considered eligible, with some proposals going as high as 150% premium. For the remaining six projects, the BMC will hold final discussions with the top two bidders before awarding contracts.
Out of 228 stalled slum schemes across Mumbai, 78 have been taken over by the BMC for redevelopment. The civic body invited letters of interest for 63 of these projects, and after evaluation, decided to implement 47. Of the 96 developers who applied, 26 projects received bids from only one developer, prompting the BMC to reissue tenders for those.
Under the approved framework, developers are required to construct rehabilitation buildings free of cost and provide slum residents with two years of advance rent, followed by cheques covering an additional year. “Only those who meet these conditions will be approved. The proposal will be sent to the Municipal Commissioner for final approval,” said Umesh Bodkhe, Deputy Chief Engineer, overseeing the project, according to Loksatta.
Among the finalised projects are Shri Saibaba in Jogeshwari East (by Saroj Landmark), Hariom in Vile Parle (by Seth Nine Splendor LLP), and Mahavir Dham in Borivali West (by Ruparel Infra and Realty). Other developers include Labdhi Lifestyle, Siroya Corp, DGS Township, and Skylark Buildcon.
Projects still under discussion include Sahyog in Jogeshwari East, Ajit Nagar in Borivali West, Sai Adarsh in Wadala, and Panchsheel in Mulund West. The initiative marks a major push to restart long-stalled projects and deliver long-promised homes to Mumbai’s slum residents.
Source: The Free Press Journal
