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Vahatuk Nagar in Andheri invites bid for redevelopment

Monday, 12 Aug 2019
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Vahatuk Nagar, a housing society spread over 11,022.70 sq mt, that is 2.72 acre of prime land in Andheri West, Mumbai, Maharashtra is now up for redevelopment. The society came out with a notice for redevelopment, inviting bids from reputed developers. When redeveloped it will be one of the biggest in western suburbs.

The 10 plots on which the buildings stand accommodating a total of 242 residents and five shops have become structurally weak and the society after carrying out a structural audit decided that it will go for redevelopment.

The buildings are more than 30 years old and as per the Brihanmumbai Municipal Corporation (BMC) requirements, the society carried out a structural audit and later appointed a project management consultancy (PMC). It has now floated a tender and looking for a reputed developer.

Of the 10 plots, eight are already conveyed in favour of the society and conveyance of the remaining two plots is in process. The plot is accessible from a six mtr road and another 12.2 mtr road. The society has 92,460 sq ft of carpet area.

The society has appointed Solicis Lex and Associates as its legal advisers for the redevelopment. This is the same firm that is taking care of one of the biggest redevelopments in the city, Abhudaya Nagar in Central Mumbai.

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