Latest news with #DCPR-2034
Time of India
24-05-2025
- Business
- Time of India
About 50 builders show interest in Mumbai civic body's slum rehabilitation plan
MUMBAI : Days after BMC invited Expressions of Interest (EOI) from developers for the redevelopment of 64 slum rehabilitation schemes located on municipal lands across Mumbai, under Regulation 33(10) of DCPR-2034, several of Mumbai's prominent real estate players showed interest in the initiative. These included Adani Realty, Wadhwa Group, Rustomjee, Dosti Realty, JSW Realty, DHS Group, Jalaram Developers, Nilyog Developers, Asha Developers, and Chandak Realty, among others. In total, about 45 to 50 builders expressed interest to take up slum redevelopment on BMC plots. During a pre-bid meeting top representatives from these firms attended and discussed the 32 conditions laid out by BMC for slum rehabilitation. These included the provisions and incentives offered during redevelopment. Builders also flagged challenges they typically face during such projects. One major concern raised was the uncertainty in slum household counts—developers emphasized the need for proper surveys to ascertain the number of eligible slum dwellers. They also requested flexibility in land reservations, noting that existing reservations on land sometimes reduce usable area for redevelopment. BMC officials assured that all challenges pointed by the developers would be reviewed, and suitable steps would be taken to address them. "This was just the first meeting, and the overwhelming interest from top builders gives us confidence that the projects can be completed on time," a BMC official said. The administration also stated that if necessary, certain policy relaxations may be considered to ensure timely execution.
Time of India
24-05-2025
- Business
- Time of India
45-50 bldrs show interest in BMC slum rehab plan
Mumbai: Days after BMC invited Expressions of Interest (EOI) from developers for the redevelopment of 64 slum rehabilitation schemes located on municipal lands across Mumbai, under Regulation 33(10) of DCPR-2034, several of Mumbai's prominent real estate players showed interest in the initiative. These included Adani Realty, Wadhwa Group, Rustomjee, Dosti Realty, JSW Realty, DHS Group, Jalaram Developers, Nilyog Developers, Asha Developers, and Chandak Realty, among others. In total, about 45 to 50 builders expressed interest to take up slum redevelopment on BMC plots. During a pre-bid meeting top representatives from these firms attended and discussed the 32 conditions laid out by BMC for slum rehabilitation. These included the provisions and incentives offered during redevelopment. Builders also flagged challenges they typically face during such projects. One major concern raised was the uncertainty in slum household counts—developers emphasized the need for proper surveys to ascertain the number of eligible slum dwellers. They also requested flexibility in land reservations, noting that existing reservations on land sometimes reduce usable area for redevelopment. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Este suplemento pode ser o que falta para seu bem-estar completo AlwaysFit Undo BMC officials assured that all challenges pointed by the developers would be reviewed, and suitable steps would be taken to address them. "This was just the first meeting, and the overwhelming interest from top builders gives us confidence that the projects can be completed on time," a BMC official said. The administration also stated that if necessary, certain policy relaxations may be considered to ensure timely execution. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
Time of India
22-05-2025
- Business
- Time of India
BMC invites developers for redevelopment of 64 slums across Mumbai
MUMBAI : BMC has invited Expressions of Interest (EOI) from developers for the redevelopment of 64 slum rehabilitation schemes located on municipal lands across Mumbai, under Regulation 33(10) of DCPR-2034. According to the public notice, the redevelopment will be carried out in line with the Development Control and Promotion Regulations (DCPR-2034) norms and applicable govt policies. Some of these slums are located in areas like Shimpoli in Borivli, Goregaon East , Malad East , Lower Parel , Dindoshi , Wadala, Govandi, and Ghatkopar. Developers will be responsible for the entire process—ranging from conducting slum surveys and preparing redevelopment plans to securing permissions, constructing both rehabilitation and sale components, and handling post-occupancy maintenance. Only developers with prior experience in slum or housing rehabilitation who meet the required technical and financial criteria will be considered. The EOI was published in newspapers on May 10. "The detailed EOI document, including eligibility conditions, scope of work, and submission guidelines, has also been made available on the BMC's official website from May 14, 2025. A pre-bid meeting with interested developers has been scheduled for May 23. The last date for submitting bids is June 10, following which the eligibility (Packet A) and technical (Packet B) bids will be opened the same day," said a civic official. Technical scrutiny will be completed by June 17, and financial proposals (Packet C) will be opened tentatively at 4:00 PM on the same day. BMC has stated that the notice is intended to generate public awareness, encourage participation from qualified developers, and promote an inclusive redevelopment vision for the city. However, the move has drawn criticism. Opposition parties allege that the BMC lacks the experience to handle Slum Rehabilitation Authority (SRA) projects. "BMC has been given the powers of the Chief Executive Officer of the Slum Rehabilitation Authority for these 64 projects. It has also been granted the powers of the Planning Authority for the area of these SR schemes. However, BMC lacks experience in executing SRA project," said MLA Rais Shaikh.
Time of India
21-05-2025
- Business
- Time of India
BMC invites developers for redevpt of 64 slums
Mumbai: BMC has invited Expressions of Interest (EOI) from developers for the redevelopment of 64 slum rehabilitation schemes located on municipal lands across Mumbai, under Regulation 33(10) of DCPR-2034. According to the public notice, the redevelopment will be carried out in line with the Development Control and Promotion Regulations (DCPR-2034) norms and applicable govt policies. Some of these slums are located in areas like Shimpoli in Borivli, Goregaon East, Malad East, Lower Parel, Dindoshi, Wadala, Govandi, and Ghatkopar. Developers will be responsible for the entire process—ranging from conducting slum surveys and preparing redevelopment plans to securing permissions, constructing both rehabilitation and sale components, and handling post-occupancy maintenance. Only developers with prior experience in slum or housing rehabilitation who meet the required technical and financial criteria will be considered. The EOI was published in newspapers on May 10. "The detailed EOI document, including eligibility conditions, scope of work, and submission guidelines, has also been made available on the BMC's official website from May 14, 2025. A pre-bid meeting with interested developers has been scheduled for May 23. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trending in in 2025: Local network access control [Click Here] Esseps Learn More Undo The last date for submitting bids is June 10, following which the eligibility (Packet A) and technical (Packet B) bids will be opened the same day," said a civic official. Technical scrutiny will be completed by June 17, and financial proposals (Packet C) will be opened tentatively at 4:00 PM on the same day. BMC has stated that the notice is intended to generate public awareness, encourage participation from qualified developers, and promote an inclusive redevelopment vision for the city. However, the move has drawn criticism. Opposition parties allege that the BMC lacks the experience to handle Slum Rehabilitation Authority (SRA) projects. "BMC has been given the powers of the Chief Executive Officer of the Slum Rehabilitation Authority for these 64 projects. It has also been granted the powers of the Planning Authority for the area of these SR schemes. However, BMC lacks experience in executing SRA project," said MLA Rais Shaikh.
