India, April 18 -- The Maharashtra Housing and Area Development Authority (Mhada) plans to invite bids for the redevelopment of nearly 480 acres across four localities in Mumbai's western suburbs over the next year, as part of a larger push to overhaul ageing housing clusters.
Earlier this month, MHADA floated tenders for three major projects-Sardar Vallabhbhai Patel Nagar in Andheri (73.89 acres), Bandra Reclamation (98.27 acres) and Adarsh Nagar in Worli (34.33 acres)-covering a total of 206.49 acres. These projects will be executed under the Construction and Development Agreement (CDA) model. Developers have until May 13 to submit their bids.
The next phase will cover Ram Krishna Nagar in Khar (6 acres), Old MHB Colony in Borivali (2...
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