Eight years on, Mumbai civic body yet to redevelop 22 of 27 dilapidated markets - News Summed Up

Eight years on, Mumbai civic body yet to redevelop 22 of 27 dilapidated markets


Of the 27 dilapidated municipal markets that need to be redeveloped, work on only five has been completed over the past few years. Civic officials said the redevelopment of five more markets is underway, under the Market Revamp Policy, 2004, while plans for two more have been approved. The developers of five markets in the western suburbs submitted their plans to revamp the markets in March. After the Market Revamp Policy was tweaked and finalised in 2011, the civic body identified the markets that needed urgent repairs. The BMC plans to redevelop the 10 most dilapidated markets on its own, including the 100-year-old-plus Crawford market.


Source: Hindustan Times August 20, 2017 18:45 UTC



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