India, May 17 -- The Bombay High Court recently refused to stay the tender process for appointing a "construction and development agency" for the redevelopment of the city's two biggest Mhada layouts in Bandra Reclamation and Adarsh Nagar, Worli, noting that the bidding process was already at an advanced stage and that technical bids were scheduled to be opened on May 20.

The state government had decided to carry out cluster redevelopment of the two layouts through a single private construction and development agency instead of allowing the around 5,000 co-operative housing societies in the layouts to redevelop their buildings individually. Under the proposed model, one agency would undertake integrated redevelopment of the layouts, incl...