Explained: Why has Bhendi Bazaar redevelopment work come to a halt? | Explained News,The Indian Express
Bhendi Bazaar redevelopment is arguably the single-largest urban renewal project in the country. A look at the project, its current status, and why construction work on the site has been stopped.
Tuesday, Aug 30, 2022
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HomeExplainedExplained: Why has Bhendi Bazaar redevelopment work come to a halt?
Explained: Why has Bhendi Bazaar redevelopment work come to a halt?
Bhendi Bazaar redevelopment is arguably the single-largest urban renewal project in the country. A look at the project, its current status, and why construction work on the site has been stopped.
Written by Vallabh Ozarkar
, Edited by Explained Desk
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Mumbai | Updated: August 30, 2022 8:55:11 am
The Bhendi Bazar makeover is taking place at an estimated cost of Rs 4,000 crore. (File Photo)Three days after Maharashtra Deputy Chief Minister Devendra Fadnavis announced in the Assembly that the Brihanmumbai Municipal Corporation (BMC) will probe the Bhendi Bazaar Redevelopment Project, the BMC Saturday night issued a ‘stop work’ notice to the Saifi Burhani Upliftment Trust (SBUT) which is executing the project.
The project
Bhendi Bazaar redevelopment is arguably the single-largest urban renewal project in the country. The project will transpose the 200-year-old market, made up of commercial and residential buildings, into a well-planned neighbourhood of swanky high-rises.
The redevelopment project, being undertaken by the Saifee Burhani Upliftment Trust (SBUT), will contain eight clusters of buildings for the 20,000-odd residents of the locality. The project has been envisaged by the Saifee Burhani Upliftment Trust (SBUT), a not-for-profit public charitable trust, affiliated to Mumbai’s prosperous Bohra community.
The project was envisaged in 2009 to “uplift” the lives of around 25,000 people living and working in Bhendi Bazaar area regardless of their caste, religion or sect.
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