Sion Koliwada Embarks on 25-Building Transformation!

The Maharashtra government has given the green light for the revitalization of 25 buildings situated in the Sion Koliwada neighborhood of Mumbai. This decision was reached during the State Cabinet meeting held on February 14, 2024.

The ownership of these buildings has been transferred to the Guru Tegh Bahadur Cooperative Housing Society. With a total area of 41,500 square meters, these buildings accommodate approximately 1,200 tenants. The estimated cost of the redevelopment project is nearly Rs 3,000 crore.

To oversee the comprehensive development of the area and address all infrastructure needs, the state has appointed the Maharashtra Housing and Area Development Authority (MHADA) as the special planning authority. A high-powered committee, led by the Additional Chief Secretary of the Housing Department, will be established to monitor the project's progress.

The redevelopment endeavor will be facilitated through a designated construction and redevelopment agency. The new flats are expected to offer more spacious accommodations, with sizes averaging around 635 square feet, in accordance with Section 33(9) of the Development Control Promotion regulations. The selection of the construction and redevelopment agency will be carried out through a tendering process, with plans to issue invitations for bids once the necessary governmental procedures are completed.

News by Rahul Yelligetti