Naigaon BDD Chawl’s redevelopment an ambitious project, now its fate lies in the hand of state government. MHADA officials say that meetings with L&T has not yielded a favourable outcome.

By Varun Singh

The fate of redevelopment of BDD chawl at Naigaon now lies in the hands of state government.

According to officials from MHADA, L&T seems to be firm on its decision to not proceed with the BDD chawl redevelopment at Naigaon.

At Naigaon, BDD there are a total of 42 Chawls, comprising of a total 9869 tenants. The funds required for the redevelopment is Rs 2,800 crore +.

MHADA in August as per reports received a letter from construction giant L&T expressing their desire to discontinue with Naigaon BDD redevelopment.

Post which there were several meetings held with the construction company, but things didn’t work out.

When asked Yogesh Mhase, Chief Officer, Mumbai Board, MHADA what was the next step as L&T has decided to no proceed, he said, “Will have to go to Government.”

“We will have to go to government.”

Yogesh Mhase, Chief Officer, MHADA’s Mumbai Board.

It is believed that L&T is unhappy that in spite of it receiving the contract three years ago, the work wasn’t moving ahead.

As per the work order issued by MHADA on April 17, 2017, L&T had made a security deposit towards performance security via bank guarantees worth Rs 145.14 crore.

During the Devendra Fadanvis led government, the tenders were floated for all the three BDD chawl redevelopment. These are NM Joshi, Worli and Naigaon.

This move will delay the dreams of tenants wanting to move into a spacious apartments, from their compact ones right now.

Each tenant post redevelopment is to get a 2 BHK apartment measuring 500 sq ft in lieu of the current one room that they reside in.

The redeveloped apartments will have two bathrooms, while currently they share common bathroom located at every floor. 

A detailed email sent to L&T seeking their comment got us no response.

If government fails to convince L&T, the process of BDD chawl redevelopment at this site will further delay.

Also Read: Top Firm Sells Worli Flat For Rs 6.14 Cr That It Bought For Rs 9.6 Cr Only 9 Months Ago

Leave a Reply
You May Also Like

Home Buyers Of HDIL Projects Wary, Post PMC Bank Scam

The PMC Bank Scam Has Made HDIL Home Buyers Lose Further Confidence…

ED Attaches ₹2,385 Crore in Crypto Linked to OctaFX Scam; Properties Worth ₹2,681 Crore Seized Including 19 Assets & Luxury Yacht in Spain

The ED has attached crypto worth ₹2,385 crore and properties worth ₹2,681 crore in the OctaFX scam case. With the mastermind arrested in Spain, this high-stakes investigation reveals how illicit funds are layered through real estate and global financial networks.

With 5% Stamp Duty Housing Sales In City See A Drop

Housing sales in Mumbai saw a drop on Day 1 of the…

Even After Death, Legal Heirs Must Honour Property Deals: NCLAT Orders Execution of Sale Deed in ₹100-Crore Educomp Land Case

In a landmark decision, NCLAT held that property sale obligations survive the seller’s death—legal heirs must execute the sale deed if payment and possession were completed. The ruling clarifies NCLT’s jurisdiction under IBC.