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MHADA accepts consortium bid for 33 acre Abhyudaya Nagar redevelopment with bigger flats
India
Published on 7 May 2026
Parking, corpus fund and rent compensation are back on the table
MHADA has issued a letter of acceptance to a consortium for redeveloping Mumbai’s Abhyudaya Nagar colony across 33 acres. The project under the C and D model will replace aging public housing with larger rehabilitation flats and revised terms including parking, a corpus fund, and rent compensation for eligible residents, aiming to deliver improved living conditions.
- MHADA has accepted a consortium’s bid for Abhyudaya Nagar redevelopment
- The 33 acre project will be carried out under the C and D model
- Residents are set to get larger rehabilitation flats
- New terms include parking, corpus fund and rent compensation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times