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First SRA project in Andheri finds bidder

Monday, 02 Dec 2019
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The first Slum Rehabilitation Authority (SRA) project at Andheri, Mumbai in Maharashtra, has finally received a bidder after multiple extensions to its due date.

It was only after three extensions to the SRA project ‘Om Namo Sujalam Sufalam’ society at Kolekalyan village in Andheri that the authority eventually found a bidder this week.

The engineer did not name the bidder as technical and financial scrutiny of the bidder was underway. This is a pilot project. Once it succeeds, the face of the SRA scheme will change.

The society in Andheri has 867 tenants. Of these, 128 tenants have been temporarily rehabilitated while the rest are still on the plot. The society has an area of 21,882 sq mtr, of which nearly 6,500 sq mtr is under coastal regulation zone, while 15,500 sq mtr is regular land.

The developer will get incentives like floor space index (FSI). The execution by SRA will help in completion of the project with a set deadline.

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