The Maharashtra Housing and Area Development Authority (MHADA), the nodal agency for the project, had shortlisted L&T Realty and Shapoorji Pallonji for carrying out redevelopment of the chawls located at Naigaum and NM Joshi Marg area respectively, the official said.
"The tender for BDD chawls at Worli has been floated and will be finalised in the next three months. The decision on the BDD chawls in Sewri is still pending as they are located on the central government land and redevelopment rules of the state don't apply to them," the official said.
"Once the redevelopment is done, each of them will get a house of 500 sq ft, up from the current 160 sq ft," he said.
According to the official, the project will take 7 years to complete and since there are transit accommodations available at both the sites, tenants will be shifted out in a phase wise manner and work will be conducted.
32 BDD chawls are located on NM Joshi Marg and 42 in Naigaum.
"The bhoomipujan will be conducted at Jambhoree Maidan in Worli on Saturday," he said.
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