The Maharashtra state cabinet has approved a proposal to redevelop the Bandra Reclamation and Adarsh Nagar clusters, spearheaded by MHADA. This move aims to modernize infrastructure and improve living conditions in these areas.
MhadaBandra ReclamationAdarsh NagarSignature GlobalSustainable Urban DevelopmentReal Estate MaharashtraApr 09, 2025
The project aims to redevelop the entire area, including the construction of new residential buildings, improved public spaces, and advanced infrastructure facilities. It will also incorporate eco-friendly technologies and practices to promote sustainability.
Signature Global, a leading real estate developer in India, has been selected to undertake the redevelopment project.
The project will benefit over 10,000 families by providing modern amenities, green spaces, and community centers. It also includes a comprehensive plan for adequate compensation and relocation assistance.
The new developments will incorporate eco-friendly technologies such as solar power generation, rainwater harvesting, and energy-efficient building designs to reduce environmental impact.
The project is scheduled to be completed within the next five years, with the benefits expected to be far-reaching for both current residents and future generations.
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