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Mumbai

Updated on: Wednesday, August 18, 2021, 01:18 PM IST

Redevelopment of BDD Chawls: Now eligible beneficiaries will have to pay only Rs 1,000 each as stamp duty

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In yet another relief for BDD chawls residents, eligible beneficiaries under the redevelopment of BDD (Bombay Development Directorate) Chawls will have to pay a stamp duty of Rs 1,000 each for an agreement with MHADA. Maharashtra Cabinet is likely to give its nod at today's meeting.

The Maharashtra government has kick-started the much-awaited redevelopment of BDD chawls in central Mumbai's prime localities like Worli, Lower Parel and Naigaum.

Maharashtra Chief Minister Uddhav Thackeray and NCP chief Sharad Pawar on August 1 laid the foundation stone for the redevelopment of BDD Chawls.

To be built by Tatas, L&T and Shapoorji Pallonji for different projects, the well-planned new complexes of 40-storied and 22-floor tall towers with floors for parking, wide roads, at least 4 four schools, welfare centres, mini-hospitals, gardens, playgrounds, markets and shopping plazas.

As reported by Free Press Journal, the BDD chawls started coming up in Mumbai in the 1930s and slowly they got converted into a housing facility for the working class. Many of these chawls, now in dilapidated condition, are located on prime plots in Mumbai.

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Published on: Wednesday, August 18, 2021, 01:18 PM IST
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