Aspect Realty to Hand Over 600 Worli SRA Flats by January 2026
Aspect Realty, a city-based developer, is set to hand over 600 SRA flats in Worli by January 2026, bringing to an end a 17-year-long stalled slum rehabilitation project.
Aspect RealtySra FlatsWorliSlum RehabilitationMumbai Real EstateReal Estate MumbaiOct 09, 2025
The SRA project in Worli, one of Mumbai's iconic neighborhoods, has been a long-standing challenge for the city's urban planners and developers. The project was initially launched to provide housing solutions for the slum residents of Worli, but it faced numerous obstacles, including financial difficulties and bureaucratic delays. Aspect Realty stepped in to revive the project, clearing the previous developer's pending dues and securing fresh funding to restart construction.
Each of the 300 sq ft units will be equipped with essential amenities, including a living/dining area, a kitchen, one bedroom, and a separate bathroom and toilet. The flats will be delivered with a full set of essentials, ensuring that the residents have a comfortable and secure living environment.
Kedar Chapekar, the CEO of Aspect Realty, expressed his pride in the project's progress. 'Taking over a 17-year-old stalled project presented enormous challenges, but our team's dedication allowed us to fast-track construction without compromising on quality,' he said. 'We are immensely proud to be near completion of over 600 SRA flats, providing the next generation of these families with ownership and security.'
The completion of this project is a significant milestone for the Worli community and a testament to the resilience and commitment of Aspect Realty. The handover of these flats by January 2026 will not only improve the living conditions of the residents but also contribute to the overall development and urbanization of Worli.
Aspect Realty has been a key player in the Mumbai real estate market, known for its commitment to quality and innovation. The company's involvement in the SRA project in Worli is a clear example of its dedication to social responsibility and community development. By bringing this long-stalled project to fruition, Aspect Realty is setting a benchmark for other developers and contributing to the betterment of Mumbai's urban landscape.
Frequently Asked Questions
What is the SRA project in Worli?
The SRA project in Worli is a Slum Rehabilitation Authority project aimed at providing housing solutions for the slum residents of Worli, a neighborhood in Mumbai. The project has been stalled for 17 years and is now being revived by Aspect Realty.
When will the 600 SRA flats be handed over?
Aspect Realty is expected to hand over the 600 SRA flats in Worli by January 2026.
What is the total cost of the SRA project in Worli?
The total cost of the SRA project in Worli is Rs 450 crore.
What amenities will the SRA flats include?
Each of the 300 sq ft SRA flats will include a living/dining area, a kitchen, one bedroom, and a separate bathroom and toilet. The flats will be delivered with a full set of essentials.
Who is Kedar Chapekar?
Kedar Chapekar is the CEO of Aspect Realty, the developer responsible for reviving and completing the SRA project in Worli.
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