The Economic Times

MHADA issues letter of acceptance to consortium for 33-acre Abhyudaya Nagar redevelopment

MHADA has accepted a consortium's bid for the cluster redevelopment of Mumbai's Abhyudaya Nagar colony. This significant project will provide residents with larger rehabilitation flats and includes revised terms like parking, a corpus fund, and rent compensation. The redevelopment aims to renew aging public housing under the C&D model.