E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • About
  • TEAM REALTY+
  • CONTACT US
  • SUBSCRIBE
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
    • EVENT CALENDAR
    • UPCOMING EVENT
    • PAST EVENT
search
  1. Home
  2. Building Blocks

TALK OF THE TOWN: REDEVELOPMENT PROJECTS OF MUMBAI

The 17th Century Mumbai was a combination of seven islands - Isle of Bombay, Parel, Mazagoan, Mahim, Colaba, Worli and Old Women’s Island in the Arabian Sea

BY Realty Plus
Published - Wednesday, 14 Jun, 2023
TALK OF THE TOWN: REDEVELOPMENT PROJECTS OF MUMBAI

Mumbai continues to thrive and is getting to be known for its redevelopment projects that are currently underway in renowned sections of its landscape. Dharavi, Bhendi Bazaar and Kamathipura are prime areas of the city and the most congested areas in Mumbai with extremely poor infrastructure facilities and sanitation. They are being reconstructed and retouched to give a much-needed facelift.

DHARAVI

Dharavi is the world’s largest slum area and is also one of the most crowded spaces in Mumbai, which required redevelopment and better planning. In 2003-2004, the Government of Maharashtra decided to redevelop this area into an integrated planned township. An action plan for implementation of Dharavi Redevelopment was approved by the authorities. This project will use land as a resource to cross-subsidize the cost of development through the sale component based on the slum rehabilitation scheme. Adani firm has been awarded the Dharavi redevelopment project with an initial investment of INR 5,069 Crore. The entire project, including the sale portion, is anticipated to be completed in 17 years and will create additional housing stock in Mumbai.

KAMATHIPURA

Kamathipura, located in South Mumbai, is known as one of the largest and oldest red-light districts in Asia. Redevelopment projects aimed at transforming Kamathipura into a better and brighter area have been discussed and initiated. MHADA, the state’s housing development body has been appointed as the nodal agency and special planning authority for the project. The project will be based on the lines of the BDD chawls redevelopment and will be held under Development Control Rule 33(9), which governs reconstruction or redevelopment of cessed buildings or urban renewal schemes in the island city. The vision behind the redevelopment effort is to improve the quality of life for the residents, provide better infrastructure, and address the social issues associated with the district.

BHENDI BAZAAR

Bhendi Bazaar has buildings dating back to the colonial era which are in a state of disrepair. Besides the dilapidated buildings, the residents of Bhendi Bazaar also experience poor infrastructure issues. The redevelopment project is undertaken by the Saifee Burhani Upliftment Trust (SBUT). The project aims to redevelop the area into a modern and vibrant neighborhood while preserving its rich cultural identity and providing overall uplift. The ongoing rehabilitation project is razing off over 250 dilapidated buildings and constructing around 11 new high-rise towers to provide dignified living space to over 3200 households and 1250 shops. The first phase of the redevelopment project comprising two high-rise buildings Al Sa’adah Towers was completed in 2020. The ongoing buildings are Al-Ezz and An-Nasr.

As Mumbai continues to grow and evolve, it is crucial to strike a balance between redevelopment and preservation to ensure that the city remains vibrant, better planned, and sustainable for existing and new generations.

Smart redevelopment of prime areas are all set to transform the skyline of Mumbai, revitalizing neighbourhoods and the improved infrastructure will invite fresh businesses and investments.

  • TAGS :
  • redevelopment
  • projects
  • Mumbai
  • seven
  • islands
  • Isle of Bombay
  • Parel
  • Mazagoan
  • Mahim
  • Colaba
  • Worli
  • Arabian Sea
  • britishers
  • city
  • transformation
  • redevelopment
  • projects
  • Dharavi
  • Kamathipura
  • Bhendi Bazaar
  • generations
  • buildings

RELATED STORY VIEW MORE

Reasons That You Need To Pre-Book The Property
CONSTRUCTING A PRODUCTIVE FUTURE FOR REALTY
NEW TECH FRAMEWORKS FOR FUTURE READY REAL ESTATE

TOP STORY VIEW MORE

Emphasis On Multiple Infrastructure Segments

Subahoo Chordia, Head - Real Assets Strategy, Edelweiss Alternatives shares that overall the budget maintains its focus on long term growth of infrastructure segments.

01 August, 2024

Mixed-use Development With 45,000-Seat Stadium Announced In Riyadh

01 August, 2024

Hong Kong To Provide Free Retail Space To Emerging Startups

01 August, 2024

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online



REALTY+ SPECIAL ISSUES


  • Anniversary Issue 2024

  • THE TECH TITANS 2022

  • COFFEE TABLE BOOK 2022

  • Anniversary Issue 2022

  • Anniversary Issue 2020

VIDEO GALLERY VIEW MORE

Realty+ Architecture and Design Fest 2024 Felicitations & Excellence Awards.
Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

REFUND POLICY

SITE MAP

GDPR-COMPLIANCE

COOKIE-POLICY

PRIVACY-POLICY

TERMS AND CONDITIONS

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.