Is redevelopment the only solution for old dilapidated buildings in Mumbai?

There are more than 14,000 cessed or dilapidated buildings in central and south Mumbai. While redevelopment remains the only solution for the majority of them, experts say residents should go for regular repairs and structural audit while exploring self-redevelopment in the meantime

According to authorities, there are more than 14,000 cessed or dilapidated buildings in central and south Mumbai. The only solution for these buildings is redevelopment. Several of the buildings are even as old as 100 years. Additionally, there are more than 300 dilapidated buildings of ownership in the city that require residents to vacate them and redevelop the same. A Maharashtra Housing and Area Development Authority (MHADA) official said, “In the case of MHADA buildings, the only solution is redevelopment. We have cases where residents of dilapidated buildings are ready to give us in writing that they are willing to stay and they will be responsible for any untoward incident. The citizens must understand that redevelopment is the only solution.”

https://www.moneycontrol.com/news/business/real-estate/is-redevelopment-the-only-solution-for-old-dilapidated-buildings-in-mumbai-9133941.html

Source: Money Control

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