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The Maharashtra Housing and Area Development Authority (MHADA) expects investments of around INR 4 lakh crore across its 925-acre redevelopment pipeline under the Construction and Development Agency (C&DA) model. Spread across 11 projects in Mumbai, the initiative is expected to deliver around 75,000 rehabilitation tenements and nearly 30,000 MHADA homes while benefiting more than 80,700 residents. The programme has drawn interest from major developers including Adani Group, Reliance Industries, Lodha Developers and JSW Group, underscoring growing private-sector participation in large-scale urban renewal projects.
The Maharashtra Housing and Area Development Authority (MHADA) expects its ongoing redevelopment programme in Mumbai to attract investments of about INR 4 lakh crore through the Construction and Development Agency (C&DA) model, according to senior officials.
The redevelopment pipeline spans around 925 acres across 11 projects and is expected to facilitate the construction of approximately 75,000 rehabilitation tenements and nearly 30,000 housing units for MHADA. More than 80,700 residents are expected to benefit from the exercise, making it one of the country's largest public-private urban renewal initiatives.
The programme has gained momentum with MHADA inviting bids for three major cluster redevelopment projects covering 34.33 acres at Adarsh Nagar in Worli, 98.27 acres at Bandra Reclamation and 73.89 acres at Sardar Vallabhbhai Patel (SVP) Nagar in Andheri West. These projects have attracted interest from some of India's largest conglomerates and real estate developers, including Adani Group, Reliance Industries, Lodha Developers and JSW Group.
According to MHADA Vice President and Chief Executive Officer Sanjeev Jaiswal, the large-scale exercise aims to replace ageing housing colonies and improve living conditions in some of Mumbai's most densely populated areas. He indicated that the projects are intended to modernise existing residential stock while minimising disruption for occupants.
Under the C&DA framework, private developers are appointed as construction and development agencies responsible for executing projects, while MHADA retains oversight and safeguards the interests of residents. The model includes provisions for transit rent support during the redevelopment period and corpus funds to cover long-term maintenance expenses for the new housing stock.
The participation of large corporate groups is being viewed as validation of the C&DA model, which seeks to balance private-sector expertise with public-sector supervision. Besides generating rehabilitation and MHADA housing units, the projects will also create sizeable saleable components for developers.
The authority has been pursuing cluster redevelopment to address the challenges posed by ageing buildings and fragmented layouts across Mumbai. With several marquee projects entering the bidding stage, MHADA's redevelopment pipeline is expected to play a significant role in reshaping large parts of the city while expanding housing supply and upgrading urban infrastructure.
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