MSRDC Forms Specialised Cell To Fast-Track Slum-Free Mumbai Redevelopment
The Maharashtra State Road Development Corporation (MSRDC) has established a dedicated unit to implement slum rehabilitation projects in Mumbai under the state government’s Slum Free Mumbai initiative. Traditionally known for executing highways, expressways and major flyovers, the state-run agency has now been entrusted with a direct role in large-scale housing redevelopment to accelerate long-pending and […]
Mumbai Launches Slum Redevelopment Project In Ghatkopar
In a landmark move for urban renewal, the Mumbai Metropolitan Region Development Authority (MMRDA) has launched the city’s first Slum Rehabilitation Authority (SRA) project directly under its supervision. Valued at ₹8,498 crore, the ambitious redevelopment will transform approximately 32 hectares of informal settlements in Ghatkopar into a modern housing enclave featuring over 17,000 residential units […]
Major Funding Secured For Inclusive Slum Redevelopment In Ghatkopar, Mumbai
The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a significant milestone by securing the first financial closure for its ambitious Slum Rehabilitation Authority (SRA) project, valued at INR 8,498 crore. This landmark initiative focuses on the comprehensive redevelopment of Ramabai Ambedkar Nagar and Kamraj Nagar in Ghatkopar, signalling MMRDA’s direct engagement in one of […]
Mumbai: MMRDA Gets Rs 1,500 Crore Loan For Ramabai Ambedkar Nagar & Kamraj Nagar SRA Scheme
The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a ₹1,500 crore loan from the Bank of Maharashtra to fund the redevelopment of Ramabai Ambedkar Nagar and Kamraj Nagar in Ghatkopar. This marks the first major financial closure for MMRDA’s ₹8,498 crore Slum Rehabilitation Authority (SRA) project—its first large-scale slum redevelopment initiative. The transformative urban […]