The real estate developer Housing Development and Infrastructure Limited got the government approval for the popular Mumbai airport slum rehabilitation programme. Mr. Sarang Wadhawan, HDIL Managing Director said, “The tenement limit has been increased from 225 square feet to 270 square feet . As the size of the tenement has gone up, the transfer of development rights will increase accordingly by about 20% more”.
According to HDIL, of the 276 acres, 180 acres would be used for airport development and 96 acres for commercial development. HDIL will take more than four years to complete the entire slum rehabilitation. Some of the slum dwellers will be moved to a 50 acre plot at Gorai and Malwni, located close to Malad.
According to the ongoing survey, there are about eighty five thousand families to be rehabilitated on the 276 acres of airport land.
2 Comments
These projects are gaining a lot of popularity and the importance of these projects is striking the attention of important leaders and ministers.
Its a good decision by goverment to approve HDIL for Mumbai airport slum rehabilitation programme.