3,000 flats in Dadar and Lower Parel at Mhada prices soon

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - Manasi Phadke manasi.phadke@hin­dus­tan­times.com

Mum­bai’s space-starved is­land city will soon have more than 3,000 houses on the block in three high-rise build­ings, at prices sig­nif­i­cantly lower than the mar­ket rates.

The houses will come up on prime real es­tate at Lower Parel and Dadar, where prop­erty prices go up to Rs30,000 a sqft. The con­struc­tion is part of the state’s plan to re­de­velop the Bom­bay De­vel­op­ment Direc­torate (BDD) chawls in these ar­eas.

Work on two of these projects is ex­pected to be­gin in Jan­uary — with the State Ex­pert Ap­praisal Com­mit­tee rec­om­mend­ing the projects at Naigaum, Dadar and NM Joshi Marg, Lower Parel for en­vi­ron­ment clear­ance. The State En­vi­ron­ment Im­pact As­sess­ment Au­thor­ity will as­sess them for a fi­nal nod.

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