Mhada signs agreement with Adani Group for Motilal Nagar redevelopment project in Mumbai, to build 1,600 sq ft homes in Goregaon | Mumbai News
Mumbai: Maharashtra Housing and Area Development Authority (Mhada) on Monday signed an agreement with the Adani Group for the implementation of the Motilal Nagar redevelopment project in Goregaon (W). Around 3,700 residents of this 142 acre parcel of land will be rehoused in “ultra modern” apartments measuring 1,600 sq ft built-up area. This is the largest redevelopment project in the country to be implemented through the construction-and-development (C&D) model.Mhada will receive nearly 4 lakh sq m of constructed area from the developer, which it claims will significantly boost its housing stock in the near future. The agreement was signed at Mhada’s Bandra headquarters in the presence of its vice president and CEO Sanjeev Jaiswal and Adani Properties director Pranav Adani.Mhada said Motilal Nagar 1, 2, and 3 comprise 3,700 tenements and the rehabilitation will be carried out over 5.8 lakh sq m area. Non-resident tenants will be granted 987 sq ft of commercial space. The rehab units are expected to be completed within seven years.At Monday’s presentation of the project plan, Jaiswal gave credit to CM Devendra Fadnavis and his deputy Eknath Shinde, who is also housing minister. “We aim to make this the finest redevelopment project in the country, ensuring transparency and quality. Through this project, Mhada will provide residents with modern, secure and well-equipped homes,” Jaiswal said.However, residents’ associations, which have been demanding a carpet area of 1,600-2,000 sq ft, expressed dissatisfaction with the outcome. Yuvraj Mohite, president of Motilal Nagar Vikas Samiti, said, “We are disappointed and oppose this agreement. The decision has been taken without consulting residents. Despite our repeated representations and formal submissions to both the CM and Mhada requesting a minimum of 2,000 sq ft carpet area, our demands have been ignored. Instead, the agreement mentions 1,600 sq ft built-up area. We may take to the streets to protest.”State govt had tagged the Motilal Nagar redevelopment a ‘special project’ to be implemented through Mhada’s Mumbai board. Mhada then invited tenders for appointing a C&D agency, and Adani Group won the bid.Meanwhile, the state legislative council on Monday noted that many buildings in Nehru Nagar and Tilak Nagar Mhada colonies in Kurla have not received occupancy certificates even after 10-15 years of redevelopment. In the suburbs, several old and dilapidated rental buildings remain in the same condition 15 years after being demolished by the municipality.Mumbai: Maharashtra Housing and Area Development Authority (Mhada) on Monday signed an agreement with the Adani Group for the implementation of the Motilal Nagar redevelopment project in Goregaon (W). Around 3,700 residents of this 142 acre parcel of land will be rehoused in “ultra modern” apartments measuring 1,600 sq ft built-up area. This is the largest redevelopment project in the country to be implemented through the construction-and-development (C&D) model.Mhada will receive nearly 4 lakh sq m of constructed area from the developer, which it claims will significantly boost its housing stock in the near future. The agreement was signed at Mhada’s Bandra headquarters in the presence of its vice president and CEO Sanjeev Jaiswal and Adani Properties director Pranav Adani.Mhada said Motilal Nagar 1, 2, and 3 comprise 3,700 tenements and the rehabilitation will be carried out over 5.8 lakh sq m area. Non-resident tenants will be granted 987 sq ft of commercial space. The rehab units are expected to be completed within seven years.At Monday’s presentation of the project plan, Jaiswal gave credit to CM Devendra Fadnavis and his deputy Eknath Shinde, who is also housing minister. “We aim to make this the finest redevelopment project in the country, ensuring transparency and quality. Through this project, Mhada will provide residents with modern, secure and well-equipped homes,” Jaiswal said.However, residents’ associations, which have been demanding a carpet area of 1,600-2,000 sq ft, expressed dissatisfaction with the outcome. Yuvraj Mohite, president of Motilal Nagar Vikas Samiti, said, “We are disappointed and oppose this agreement. The decision has been taken without consulting residents. Despite our repeated representations and formal submissions to both the CM and Mhada requesting a minimum of 2,000 sq ft carpet area, our demands have been ignored. Instead, the agreement mentions 1,600 sq ft built-up area. We may take to the streets to protest.”State govt had tagged the Motilal Nagar redevelopment a ‘special project’ to be implemented through Mhada’s Mumbai board. Mhada then invited tenders for appointing a C&D agency, and Adani Group won the bid.Meanwhile, the state legislative council on Monday noted that many buildings in Nehru Nagar and Tilak Nagar Mhada colonies in Kurla have not received occupancy certificates even after 10-15 years of redevelopment. In the suburbs, several old and dilapidated rental buildings remain in the same condition 15 years after being demolished by the municipality.
