📋 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.