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Rs30,000-cr Motilal Nagar revamp to take off in August

The project spanning across 128 acres in Goregaon will involve rehabilitation of 3,628 tenants into new 1,100-1,200-square-feet brand-new homes.

Published on: May 8, 2019, 03:32:16 IST
Mumbai | By
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The Maharashtra Housing and Area Development Authority’s (MHADA) ambitious project, the Motilal Nagar revamp, worth Rs30,000 crore, is all set to take off in August with the housing body to float tenders then. It has also planned to start work from October.

The Maharashtra Housing and Area Development Authority’s (MHADA) ambitious project, the Motilal Nagar revamp, worth Rs30,000 crore, is all set to take off in August with the housing body to float tenders then. It has also planned to start work from October.
The Maharashtra Housing and Area Development Authority’s (MHADA) ambitious project, the Motilal Nagar revamp, worth Rs30,000 crore, is all set to take off in August with the housing body to float tenders then. It has also planned to start work from October.

The project spanning across 128 acres in Goregaon will involve rehabilitation of 3,628 tenants into new 1,100-1,200-square-feet brand-new homes. With this project, MHADA has also planned to generate around 18,000 affordable houses for low-income groups to be sold through its regular lottery process.

Madhu Chavan, chairman, MHADA(Mumbai board) said, “The main advantage is that Motilal Nagar has a lot of open spaces and hence, we can start construction of new buildings at the earliest. Also, the residents do not have to leave their old houses during construction period. They can shift to their new homes directly.”

Chavan calls the scheme a micro city in itself as they have planned to construct a working women’s hostel, a children’s home and two small hospitals.

Currently, MHADA hardly has any vacant land in its kitty to construct low-cost houses and they see Motilal Nagar as a potential area where they can get a handsome quota of such homes.

Resident associations, however, have warned that MHADA just cannot rush through any proposal without taking them into confidence. “MHADA needs to give us a detailed plan as it involves our houses. They must take our consent,” said Yuvraj Mohite, president, Motilal Nagar Vikas Samiti.

Motilal Nagar was built in 1960 to house people belonging to economically weaker sections.

  • Naresh Kamath
    ABOUT THE AUTHOR
    Naresh Kamath

    Naresh is a Special Correspondent with Hindustan Times, Mumbai, since 2005. He covers the real estate sector, in addition to doing political reportage.

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