Motilal Nagar involved in controversy over MHADA's tender document
Real Estate

Motilal Nagar involved in controversy over MHADA's tender document

Motilal Nagar in Goregaon, which is the largest redevelopment project, is involved in controversy in allegations that the Maharashtra Housing and Area Development Authority (MHADA) has customized the tender document to keep away most of the builders.

MHADA has applied a condition that the net worth of the developers of not less than Rs 9,000 crore as of 31 March can qualify. According to a report, two developers, including Godrej Properties Limited and Prestige Group, have protested against MHADA.

The last date to submit the bids for the Rs 28,000 crore project was December 13. The project is spread across 143 acres of land, including Motilal Nagar I, II and III.

According to a Mumbai-based developer, the tender conditions are designed in a way to exclude all the Mumbai developers and favour a developer with no experience in redevelopment projects.

MHADA floated the tender under the public-private partnership (PPP) mode to rehabilitate 3,717 MHADA tenants and 1,600 slum dwellers.

Motilal Nagar was built earlier in the 1960s as a rehabilitation and resettlement colony for those people who were displaced from the different locations and suburbs in the city.

Image Source

Also read: MHADA approves redevelopment of old buildings in Mumbai

Also read: MHADA approves redevelopment of Old Chikhalwadi chawl in Mumbai
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Motilal Nagar in Goregaon, which is the largest redevelopment project, is involved in controversy in allegations that the Maharashtra Housing and Area Development Authority (MHADA) has customized the tender document to keep away most of the builders. MHADA has applied a condition that the net worth of the developers of not less than Rs 9,000 crore as of 31 March can qualify. According to a report, two developers, including Godrej Properties Limited and Prestige Group, have protested against MHADA. The last date to submit the bids for the Rs 28,000 crore project was December 13. The project is spread across 143 acres of land, including Motilal Nagar I, II and III. According to a Mumbai-based developer, the tender conditions are designed in a way to exclude all the Mumbai developers and favour a developer with no experience in redevelopment projects. MHADA floated the tender under the public-private partnership (PPP) mode to rehabilitate 3,717 MHADA tenants and 1,600 slum dwellers. Motilal Nagar was built earlier in the 1960s as a rehabilitation and resettlement colony for those people who were displaced from the different locations and suburbs in the city. Image Source Also read: MHADA approves redevelopment of old buildings in Mumbai Also read: MHADA approves redevelopment of Old Chikhalwadi chawl in Mumbai

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000