MUMBAI: The residential colony of government employees in Bandra (E) is all set to get a new look, with 12-storey towers coming up in place of the current two and three-storey buildings. The Rs 1,200 crore redevelopment project — divided in three phases — is expected to start in the next three months.
Superintending engineer PWD's Mumbai circle, A B Gaikwad, said: "The Government Colony in Bandra was developed between 1958 and 1968. There are 4,848 flats for employees from Class I to Class IV.
Apart from these, we will get and additional 5,466 flats after the redevelopment. In addition, a shopping centre spanning 1 lakh sq ft and a new administrative building of 9.5 lakh sq ft will be constructed by the builder. The colony is located on a 93-acre plot and the builders will get 20.14 acres.
"The developers will also construct a post-graduate medical college and a research centre of 5 lakh sq ft and a community centre spanning 30,000 sq ft. Even the internal roads will be rebuilt, said Gaikwad. The project will get an FSI of 1 while the builders can buy another FSI of 1 from the TDR market. "There are height restrictions as Bandra is located close to the airport," he said.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment