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.
House of Hiranandani has secured redevelopment rights for a 3-acre parcel in Borivali (West), Mumbai, for a premium residential project worth over Rs 3,000 crore. The plan covers more than 7.6 lakh sq ft of saleable carpet area, with about 380 rehabilitation homes and 850+ open-market units, reshaping the neighborhood at major scale.
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