Maharashtra Cabinet Approves Redevelopment of Adarsh Nagar and Bandra Reclamation MHADA Layouts

The Maharashtra state cabinet has granted approval for the joint redevelopment of two significant MHADA layouts — Adarsh Nagar in Worli and Bandra Reclamation in Mumbai. The cabinet's decision includes the allocation of a floor space index (FSI) of four for the redevelopment, with MHADA receiving housing stock equivalent to one FSI in both locations. This move is aimed at rejuvenating these key areas and addressing Mumbai's housing shortage.

Details of the Redevelopment Plan

The redevelopment covers two major layouts:

• Bandra Reclamation: Spread across approximately 2 lakh square meters, this layout consists of 52 buildings with a total of 1,688 residential units, each ranging from 322 to 825 square feet.

• Adarsh Nagar: Located on 68,000 square meters, this layout contains 58 buildings with 863 residential units, ranging from 270 to 860 square feet.

The redevelopment is expected to enhance the residential capacity of both areas. MHADA will receive housing stock equivalent to one FSI, which will help meet the growing demand for affordable housing in Mumbai.

Developer Selection and Consent Process

The redevelopment will be managed by a Construction and Development Agency appointed by MHADA. The winning bidder will be selected based on their ability to provide the maximum housing stock to MHADA while meeting the financial and physical requirements specified in the tender.

To move forward, the developer will be required to obtain consent letters from at least 51% of the total members of the cooperative housing societies in both Adarsh Nagar and Bandra Reclamation. This ensures that the redevelopment process has the support of the majority of residents.

Implications for Mumbai’s Housing Market

This approval represents a major step toward addressing Mumbai’s housing challenges. With limited space for new developments, the red