Real Estate Building

Residential Complex Redevelopment Tender

🏛️ MAHARASHTRA HOUSING AREA DEVELOPMENT AUTHORITY
📄 Tender ID: 501975978 📅 Published: 16 Mar 2024

📋 Tender Overview

Scope : Redevelopment of 25 Buildings in Sion Koliwada locality of Mumbai in Maharashtra

The Maharashtra government has approved the redevelopment of 25 buildings in Sion Koliwada locality of Mumbai. The decision was taken in the State Cabinet on 14 February, 2024.

The conveyance of the buildings was done in the name of Guru Tegh Bahadur Cooperative Housing Society. There are 1,200 tenants in 25 buildings spread over 41,500 sq. mtrs. The redevelopment project cost is nearly Rs 3,000 crore.

The state has appointed Maharashtra Housing and Area Development Authority (MHADA) as the special planning authority to develop this area in a comprehensive and integrated way, taking into account all the infrastructure requirements. For this purpose, a high-powered committee under the supervision of the Additional Chief Secretary, Housing Department will be set up to monitor the implementation of the project.

The redevelopment is proposed to be carried out through a construction & redevelopment agency. The flats will also be larger in size of around 635 sq. ft. under Section 33(9) of the Development Control Promotion regulations. The construction and redevelopment agency will be selected through the tendering process. As per plan, once the GR is tenders inviting bids for the redevelopment will be floated.

🔍 Key Information

📄
Tender Reference No.
501975978
📅
Publication Date
16 Mar 2024
💰
Estimated Value
USD 361929300
🌐
Sector
Real Estate
📅
Deadline
31 Dec 2026
📝
Notice Type
Projects
📍
Location
India
📑
Contract Duration
2 Years 9 Months 15 Days

📁 Documents & Downloads

No documents found

🏷️ CPV

No CPV found

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🕒 Submission deadline
56
days remaining · 31 Dec 2026
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🧭 Quick Facts

Authority MAHARASHTRA HOUSING AREA DEVELOPMENT AUTHORITY
Country India
State / UT N/A
Tender Type Project Information
Currency USD
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