When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
Residents of the BDD Chawls in Worli, Mumbai have been offered the option of availing a monthly rental compensation of Rs 25,000/- instead of opting for a transit home while the chawls are being redeveloped. The Chief Executive Officer and Vice President of MHADA has confirmed that the state government has approved of the same. As part of the redevelopment Phase 1 almost 4,400 families were asked to vacate their homes whereas there were only 3,100 transit homes to accommodate them interim. Therefore, a need to create an alternative option was necessary.
Residents of the BDD Chawls in Worli, Mumbai have been offered the option of availing a monthly rental compensation of Rs 25,000/- instead of opting for a transit home while the chawls are being redeveloped. The Chief Executive Officer and Vice President of MHADA has confirmed that the state government has approved of the same. As part of the redevelopment Phase 1 almost 4,400 families were asked to vacate their homes whereas there were only 3,100 transit homes to accommodate them interim. Therefore, a need to create an alternative option was necessary.
The ambitious redevelopment project was first proposed by the Devendra Fadnavis-led BJP-Shiv Sena government. Earlier this year, on the occasion of Ganesh Chaturthi, the housing department introduced a housing scheme for police staff residing in BDD Chawls. Through the scheme they could purchase 500sqft flats for a sum of Rs 15 lacs. The opposition criticised the scheme, stating that free and not subsidised housing should be provided for the staff like in the case of other tenants.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023