2 Chinese firms bid for Rs10,700-crore revamp of BDD chawl in Mumbai’s Worli - News Summed Up

2 Chinese firms bid for Rs10,700-crore revamp of BDD chawl in Mumbai’s Worli


Three foreign firms, two of them from China, have shown an interest to redevelop one of Mumbai's largest land sprawls on prime real estate, the Bombay Development Directorate (BDD) chawl at Worli. The state government has picked Larsen & Toubro for the redevelopment of the Naigaon chawl and Shapoorji Pallonji Group for the NM Joshi Marg chawl. The BDD chawl at Naigaon is spread across 42 acres, while the one at NM Joshi Marg is sprawled over 32 acres. Being under the Mumbai Port Trust (MbPT), the BDD chawl at Sewri falls under the jurisdiction of the Union government. Read: Can BDD chawl redevelopment script new history?


Source: Hindustan Times August 15, 2017 03:45 UTC



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