To make it easier for tenants in old BDD chawls to vacate their premises and to encourage more tenants to cooperate, MHADA has decided to provide eligible tenants with 11 months’ rent in one installment. This decision follows an initial payment of 11 months’ rent, which was given to tenants at the beginning of the project.

In the BDD Chawl Redevelopment Project, eligible tenants, who have not opted for transit camp accommodations provided by MHADA, will receive this rent. Initially, tenants were given 11 months’ rent in advance and it was decided that after this instalment they will be given rent on monthly basis. However, tenants requested that the rent be given in a lump sum for the next 11 months as well. Responding positively to this demand, MHADA’s Vice President and Chief Executive Officer, Mr. Sanjeev Jaiswal, approved this proposal.

According to this decision, this policy will continue until tenants are relocated to the new rehabilitation units. Eligible tenants, verified by the concerned Executive Engineer, will receive 11 months’ rent in one installment. If the stay extends beyond 11 months, tenants will receive the corresponding rent for the duration of their stay. Rent will be provided based on the actual duration of stay, not just a blanket 11 months.

The BDD Chawl Redevelopment Project spread over 92 acres of land is the biggest ever project of urban renewal and is the most ambitious project of urban of the Maharashtra Government, with redevelopment work progressing rapidly at Worli, Naigaon, and N.M. Joshi Marg-Lower Parel. Under this project, eligible residential tenants are provided accommodations in transit camps by MHADA. However, due to a shortage of available units, tenants are given the option to receive rent instead. Eligible residential tenants, who do not prefer transit accommodations are given ₹25,000 per month as rent by MHADA. Similarly, non-residential tenants also receive ₹25,000 per month as compensation.

Lottery for Allocation of Rehabilitation Units for Worli Project Tenants Next Week

The computerised lottery for allocation of rehabilitation units to eligible tenants in the Worli BDD Chawl Redevelopment Project will be held next week.

Also Read: MHADA Reduces interest on delayed payments of development charges from 18% to 12%

You May Also Like

PE Investments in Indian Real Estate Decline 29% in 2025 to $3.5 Billion: Office Sector Leads with 58% Share

Knight Frank India’s latest report reveals a 29% YoY decline in PE investments in Indian real estate to ~$3.5 billion in 2025, with office assets capturing 58% share. Investors shifted to protected structures amid caution, but a 28% rebound to $4.4 billion is projected for 2026.

Mumbai Property Registrations Reach All-Time High in First Half of 2025

Mumbai’s property market achieved an all-time high in the first half of 2025, recording 75,672 property registrations and INR 6,699 crore in revenue. This growth, detailed with insights from ANAROCK’s Anuj Puri, highlights a resilient market with increasing sales of high-ticket homes despite a slight dip in overall transaction volume for June.

Realty Stocks Open Higher on Friday as Rupee Strengthens and Rate Fears Ease

Friday September 4 opens the week’s final session with the kind of…

Innov8 Seeks INR 100 Cr to Fuel Expansion Plans

Innov8 is raising INR 100 crore to fuel its expansion plans, aiming to double its coworking centers across India to 100 by 2025. The funds will support acquisitions, tech upgrades, and expansion into key cities, further solidifying Innov8’s position as a leader in the flexible office space market.